Freshworks Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	838.81	720.42	596.43	498	371.02
Revenue Growth (YoY)	16.43%	20.79%	19.77%	34.22%	48.61%
Cost of Revenue	126.05	113.33	103.37	95.77	78.03
Gross Profit	712.76	607.09	493.06	402.23	292.99
Selling, General & Admin	532.57	569.35	525.48	500.06	377.37
Research & Development	162.87	164.59	137.76	135.54	120.41
Other Operating Expenses	3.03	-	-	-	-
Operating Expenses	698.47	733.94	663.24	635.6	497.77
Operating Income	14.29	-126.85	-170.17	-233.37	-204.78
Interest & Investment Income	40.08	51.7	45.9	10.96	2.45
Other Non Operating Income (Expenses)	-	-19.92	-15.14	-	-1.37
EBT Excluding Unusual Items	54.37	-95.07	-139.42	-222.42	-203.7
Merger & Restructuring Charges	-1.09	-11.76	-	-	-
Gain (Loss) on Sale of Investments	-	15.99	15.65	1.63	22.22
Pretax Income	53.28	-90.84	-123.77	-220.79	-181.48
Income Tax Expense	-130.44	4.53	13.67	11.34	10.52
Earnings From Continuing Operations	183.72	-95.37	-137.44	-232.13	-192
Net Income	183.72	-95.37	-137.44	-232.13	-192
Preferred Dividends & Other Adjustments	-	-	-	-	2,647
Net Income to Common	183.72	-95.37	-137.44	-232.13	-2,839
Shares Outstanding (Basic)	291	301	293	285	131
Shares Outstanding (Diluted)	294	301	293	285	131
Shares Change (YoY)	-2.35%	2.65%	2.99%	117.82%	69.80%
EPS (Basic)	0.63	-0.32	-0.47	-0.82	-21.73
EPS (Diluted)	0.63	-0.32	-0.47	-0.82	-21.73
Free Cash Flow	236.67	151.47	84.11	-9.65	5.9
Free Cash Flow Per Share	0.81	0.50	0.29	-0.03	0.04
Gross Margin	84.97%	84.27%	82.67%	80.77%	78.97%
Operating Margin	1.70%	-17.61%	-28.53%	-46.86%	-55.19%
Profit Margin	21.90%	-13.24%	-23.04%	-46.61%	-765.09%
Free Cash Flow Margin	28.21%	21.02%	14.10%	-1.94%	1.59%
EBITDA	40.15	-113.06	-163.13	-225.06	-194.03
EBITDA Margin	4.79%	-15.69%	-27.35%	-45.19%	-52.30%
D&A For EBITDA	25.86	13.78	7.04	8.31	10.75
EBIT	14.29	-126.85	-170.17	-233.37	-204.78
EBIT Margin	1.70%	-17.61%	-28.53%	-46.86%	-55.19%
Advertising Expenses	-	41.4	41.2	47.2	41.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.