Freshworks Inc. (FRSH)

Freshworks Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	751.55	720.42	596.43	498	371.02	249.66
Revenue Growth (YoY)	20.46%	20.79%	19.77%	34.22%	48.61%	44.83%
Cost of Revenue	117.32	113.33	103.37	95.77	78.03	52.49
Gross Profit	634.23	607.09	493.06	402.23	292.99	197.17
Selling, General & Admin	569.02	569.35	525.48	500.06	377.37	184.07
Research & Development	169.91	164.59	137.76	135.54	120.41	69.21
Operating Expenses	738.92	733.94	663.24	635.6	497.77	253.28
Operating Income	-104.69	-126.85	-170.17	-233.37	-204.78	-56.11
Interest & Investment Income	49.08	51.7	45.9	10.96	2.45	12.32
Other Non Operating Income (Expenses)	-14.41	-19.92	-15.14	-	-1.37	-8.63
EBT Excluding Unusual Items	-70.01	-95.07	-139.42	-222.42	-203.7	-52.42
Merger & Restructuring Charges	-12.17	-11.76	-	-	-	-
Gain (Loss) on Sale of Investments	13.27	15.99	15.65	1.63	22.22	-0.86
Pretax Income	-68.91	-90.84	-123.77	-220.79	-181.48	-53.28
Income Tax Expense	4.44	4.53	13.67	11.34	10.52	4.01
Earnings From Continuing Operations	-	-95.37	-137.44	-232.13	-192	-57.29
Net Income	-73.35	-95.37	-137.44	-232.13	-192	-57.29
Preferred Dividends & Other Adjustments	-	-	-	-	2,647	1,561
Net Income to Common	-73.35	-95.37	-137.44	-232.13	-2,839	-1,618
Shares Outstanding (Basic)	302	301	293	285	131	77
Shares Outstanding (Diluted)	302	301	293	285	131	77
Shares Change (YoY)	2.26%	2.65%	2.99%	117.82%	69.80%	1.21%
EPS (Basic)	-0.24	-0.32	-0.47	-0.82	-21.73	-21.03
EPS (Diluted)	-0.24	-0.32	-0.47	-0.82	-21.73	-21.03
Free Cash Flow	168.27	151.47	84.11	-9.65	5.9	28.15
Free Cash Flow Per Share	0.56	0.50	0.29	-0.03	0.04	0.37
Gross Margin	84.39%	84.27%	82.67%	80.77%	78.97%	78.97%
Operating Margin	-13.93%	-17.61%	-28.53%	-46.86%	-55.19%	-22.48%
Profit Margin	-9.76%	-13.24%	-23.04%	-46.61%	-765.09%	-648.01%
Free Cash Flow Margin	22.39%	21.02%	14.10%	-1.94%	1.59%	11.27%
EBITDA	-87.79	-113.06	-163.13	-225.06	-194.03	-50.31
EBITDA Margin	-11.68%	-15.69%	-27.35%	-45.19%	-52.30%	-20.15%
D&A For EBITDA	16.9	13.78	7.04	8.31	10.75	5.8
EBIT	-104.69	-126.85	-170.17	-233.37	-204.78	-56.11
EBIT Margin	-13.93%	-17.61%	-28.53%	-46.86%	-55.19%	-22.48%
Advertising Expenses	-	41.4	41.2	47.2	41.2	31.1

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q