Freshworks (FRSH) Tax Rate (2020 - 2026)
Freshworks' (FRSH) quarterly Tax Rate came in at 68.44% in Q2 2026, down 7625.0% year-over-year from 0.91% in Q2 2025, and up 148.93% quarter-over-quarter from 27.49% in Q1 2026.
Analysis
Freshworks (FRSH) Tax Rate (2020 - 2026) Analysis & Trends
Freshworks has disclosed Tax Rate across 7 years of filings, most recently posting 68.44% for Q2 2026.
- In Q2 2026, Tax Rate fell 7625.0% year-over-year to 68.44%; the TTM figure through Jun 2026 stood at 266.96% (down 20755.0% YoY), while the FY2025 annual figure was 244.81%, down 23982.0% from the prior year.
- Tax Rate came in at 68.44% for Q2 2026 at Freshworks, up from 27.49% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 152.76% in Q1 2025 to a low of 8900.0% in Q3 2025.
- Average Tax Rate over 5 years is 495.81%, with a median of 10.01% recorded in 2022.
- The largest YoY upside for Tax Rate was 17341 bps in 2025 against a maximum downside of 887985 bps in 2025.
- Over 5 years, Tax Rate stood at 9.56% in 2022, then declined by 14 bps to 10.88% in 2023, then tumbled by 241 bps to 37.09% in 2024, then plunged by 731 bps to 308.29% in 2025, then soared by 122 bps to 68.44% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 68.44% in Q2 2026, 27.49% in Q1 2026, and 308.29% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 22.54% |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 12.57% |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 68.44% |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | -32.69% |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 23.83% |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 44.16% |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | -4.07% |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | -76.04% |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.44% |
| Mar 31, 2026 | 27.49% |
| Dec 31, 2025 | -308.29% |
| Sep 30, 2025 | -8,900.00% |
| Jun 30, 2025 | 144.69% |
| Mar 31, 2025 | 152.76% |
| Dec 31, 2024 | -37.09% |
| Sep 30, 2024 | -20.15% |
| Jun 30, 2024 | 34.05% |
| Mar 31, 2024 | -20.65% |
| Dec 31, 2023 | -10.88% |
| Sep 30, 2023 | -11.90% |
| Jun 30, 2023 | -11.22% |
| Mar 31, 2023 | -10.45% |
| Dec 31, 2022 | -9.56% |
| Sep 30, 2022 | -3.22% |
| Jun 30, 2022 | -3.25% |
| Mar 31, 2022 | -5.45% |
| Dec 31, 2021 | -32.28% |
| Sep 30, 2021 | 8.45% |