Freshworks Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-29.62	-95.37	-137.44	-232.13	-192	-57.29
Depreciation & Amortization	18.84	13.78	7.04	8.31	10.75	5.8
Other Amortization	38.08	34.19	29.07	21.73	15.39	13.05
Loss (Gain) From Sale of Investments	-10.37	-15.99	-15.65	-1.63	-22.21	0.99
Stock-Based Compensation	199.89	216.71	210.71	207.7	173.44	43.28
Other Operating Activities	11.74	-2.4	6.53	4.61	-1.94	-2.22
Change in Accounts Receivable	-20.72	-17.15	-26.98	-18.89	-17.51	-9.93
Change in Accounts Payable	0.27	-2.2	-2.42	0.08	1.99	0.05
Change in Unearned Revenue	52.16	54.81	60.77	45.45	55.99	36.44
Change in Other Net Operating Assets	-38.86	-25.73	-45.45	-37.74	-12.45	2.36
Operating Cash Flow	221.4	160.65	86.18	-2.53	11.46	32.53
Operating Cash Flow Growth	47.45%	86.41%	-	-	-64.77%	-
Capital Expenditures	-8.54	-9.18	-2.07	-7.13	-5.57	-4.38
Sale of Property, Plant & Equipment	0.29	0.28	0.11	0.14	0.62	-
Cash Acquisitions	-	-213.91	-	-	-	-5.08
Sale (Purchase) of Intangibles	-13.83	-5.49	-6.27	-5.12	-3.55	-6.38
Investment in Securities	280.16	267.09	166.73	-272.72	-411.8	4.41
Investing Cash Flow	258.08	38.8	158.5	-284.83	-420.3	-11.43
Issuance of Common Stock	6.44	6.73	7.36	10.98	1,069	0.25
Repurchase of Common Stock	-456.09	-73.99	-67.98	-167.22	-3.34	-
Other Financing Activities	-	-	-	-0.11	-7.73	-2.16
Financing Cash Flow	-449.64	-67.26	-60.62	-156.35	1,058	-1.91
Net Cash Flow	29.84	132.19	184.06	-443.71	649.53	19.2
Free Cash Flow	212.86	151.47	84.11	-9.65	5.9	28.15
Free Cash Flow Growth	46.84%	80.09%	-	-	-79.06%	-
Free Cash Flow Margin	26.26%	21.02%	14.10%	-1.94%	1.59%	11.27%
Free Cash Flow Per Share	0.72	0.50	0.29	-0.03	0.04	0.37
Cash Income Tax Paid	14.32	11.95	12.03	13.41	10.46	5.08
Levered Free Cash Flow	250.35	218.42	153.32	89.51	110.03	49.5
Unlevered Free Cash Flow	250.35	218.42	153.32	89.51	110.03	49.5
Change in Working Capital	-7.15	9.73	-14.08	-11.1	28.02	28.92

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