Freshworks (FRSH) Tax Provisions (2020 - 2026)

Freshworks (FRSH) reported Tax Provisions of -$1.8 million for Q1 2026, down 146.67% on a YoY basis from $3.9 million in Q1 2025, and up 98.75% sequentially from -$144.6 million in Q4 2025.

Freshworks (FRSH) Tax Provisions (2020 - 2026) Analysis & Trends

Freshworks (FRSH) has 7 years of Tax Provisions data on file, last reported at -$1.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 146.67% year-over-year to -$1.8 million; the trailing twelve-month figure through Mar 2026 stood at -$136.1 million (down 3184.72% YoY), and the FY2025 full-year result was -$130.4 million, down 2978.86% from the prior year.
  • Tax Provisions advanced to -$1.8 million in Q1 2026, 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.
  • Peak annual rise in Tax Provisions reached 154.13% in 2025, while the deepest fall reached 2537.3% in 2025.
  • Tracing FRSH's Tax Provisions over 5 years: stood at $4.8 million in 2022, then tumbled by 43.1% to $2.8 million in 2023, then surged by 115.28% to $5.9 million in 2024, then sank by 2537.3% to -$144.6 million in 2025, then jumped by 98.75% to -$1.8 million in 2026.
  • Business Quant data shows FRSH's Tax Provisions at -$1.8 million in Q1 2026, -$144.6 million in Q4 2025, and $4.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -936.60 Mn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -32.53 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -53.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 194.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 614.00 Mn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 140.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 422.00 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -1.09 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 92.44 Mn
10 Freshworks 2.77 Bn 2.22 Bn 193.95 Mn -1.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.80 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 2.76 Mn
Sep 30, 2023 3.29 Mn
Jun 30, 2023 3.60 Mn
Mar 31, 2023 4.04 Mn
Dec 31, 2022 4.84 Mn
Sep 30, 2022 1.80 Mn
Jun 30, 2022 2.20 Mn
Mar 31, 2022 2.50 Mn
Dec 31, 2021 18.22 Mn
Sep 30, 2021 -9.90 Mn
Jun 30, 2021 1.10 Mn