Freshworks (FRSH) Tax Provisions (2020 - 2026)
Freshworks recorded quarterly Tax Provisions of -$1.8 million in Q1 2026, up 98.74% quarter-over-quarter from -$144.6 million in Q4 2025, and down 147.29% year-over-year from $3.9 million in Q1 2025.
Freshworks' Tax Provisions history runs 7 years deep, the most recent figure standing at -$1.8 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 147.29% year-over-year to -$1.8 million; the TTM figure through Mar 2026 stood at -$136.1 million (down 3185.27% YoY), while the FY2025 annual figure was -$130.4 million, down 2978.86% from the prior year.
- Tax Provisions came in at -$1.8 million for Q1 2026 at Freshworks, up from -$144.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $5.9 million in Q4 2024 to a low of -$144.6 million in Q4 2025.
- A 5-year average of -$6.0 million and a median of $3.6 million in 2023 frame the typical range for Tax Provisions.
- On a YoY basis, Tax Provisions climbed as much as 154.13% in 2025 and fell as far as 2537.3% in 2025.
- Freshworks' Tax Provisions stood at $4.8 million in 2022, then tumbled by 42.85% to $2.8 million in 2023, then soared by 114.35% to $5.9 million in 2024, then tumbled by 2537.3% to -$144.6 million in 2025, then soared by 98.74% to -$1.8 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$1.8 million, -$144.6 million, and $4.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 663.00 Mn |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -53.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 204.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 92.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 533.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 983.00 Mn |
| 10 | Freshworks | 2.57 Bn | 2.02 Bn | 193.95 Mn | -1.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.82 Mn |
| Dec 31, 2025 | -144.56 Mn |
| Sep 30, 2025 | 4.63 Mn |
| Jun 30, 2025 | 5.63 Mn |
| Mar 31, 2025 | 3.86 Mn |
| Dec 31, 2024 | 5.93 Mn |
| Sep 30, 2024 | 5.02 Mn |
| Jun 30, 2024 | -10.40 Mn |
| Mar 31, 2024 | 4.00 Mn |
| Dec 31, 2023 | 2.77 Mn |
| Sep 30, 2023 | 3.29 Mn |
| Jun 30, 2023 | 3.59 Mn |
| Mar 31, 2023 | 4.04 Mn |
| Dec 31, 2022 | 4.84 Mn |
| Sep 30, 2022 | 1.80 Mn |
| Jun 30, 2022 | 2.16 Mn |
| Mar 31, 2022 | 2.54 Mn |
| Dec 31, 2021 | 18.22 Mn |
| Sep 30, 2021 | -9.90 Mn |
| Jun 30, 2021 | 1.10 Mn |
| Mar 31, 2021 | 1.10 Mn |
| Dec 31, 2020 | 115,000.00 |
| Sep 30, 2020 | -95,000.00 |