See more : Silver Bullet Data Services Group PLC (SBDS.L) Income Statement Analysis – Financial Results
Complete financial analysis of Freshworks Inc. (FRSH) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Freshworks Inc., a leading company in the Software – Application industry within the Technology sector.
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Freshworks Inc. (FRSH)
About Freshworks Inc.
Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide. Freshworks Inc. was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. The company was incorporated in 2010 and is headquartered in San Mateo, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 596.43M | 498.00M | 371.02M | 249.66M | 172.38M | 126.43M | 118.66M | 126.88M | 120.21M | 97.40M |
| Cost of Revenue | 103.37M | 95.77M | 78.03M | 52.49M | 36.46M | 20.42M | 25.96M | 28.35M | 26.60M | 19.69M |
| Gross Profit | 493.06M | 402.23M | 292.99M | 197.17M | 135.92M | 106.01M | 92.70M | 98.54M | 93.61M | 77.71M |
| Gross Profit Ratio | 82.67% | 80.77% | 78.97% | 78.97% | 78.85% | 83.85% | 78.12% | 77.66% | 77.87% | 79.79% |
| Research & Development | 137.76M | 135.54M | 120.41M | 69.21M | 38.56M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 167.70M | 156.85M | 117.02M | 50.79M | 15.91M | 49.73M | 33.87M | 28.11M | 28.21M | 29.26M |
| Selling & Marketing | 357.78M | 343.21M | 260.35M | 133.28M | 111.12M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 525.48M | 500.06M | 377.37M | 184.07M | 127.03M | 49.73M | 33.87M | 28.11M | 28.21M | 29.26M |
| Other Expenses | 0.00 | -2.19M | 20.85M | -1.38M | 904.00K | 16.24M | 3.14M | 3.34M | 3.37M | 5.04M |
| Operating Expenses | 663.24M | 635.60M | 497.77M | 253.28M | 165.59M | 65.97M | 37.01M | 31.44M | 31.57M | 34.30M |
| Cost & Expenses | 766.60M | 731.37M | 575.80M | 305.77M | 202.05M | 115.16M | 132.93M | 117.24M | 104.57M | 82.09M |
| Interest Income | 45.90M | 14.77M | 2.45M | 4.21M | 1.28M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 14.77M | 0.00 | 0.00 | 0.00 | 5.21M | 5.08M | 0.00 | 0.00 | 8.10M |
| Depreciation & Amortization | 12.14M | 17.70M | 13.29M | 11.17M | 6.26M | 7.24M | 10.45M | 12.24M | 10.00M | 8.62M |
| EBITDA | -158.03M | -221.87M | -194.03M | -44.94M | -23.41M | 18.26M | -4.02M | 16.83M | 16.98M | 19.20M |
| EBITDA Ratio | -26.50% | -44.55% | -51.61% | -18.00% | -13.58% | 14.44% | -3.39% | 13.26% | 14.13% | 19.71% |
| Operating Income | -170.17M | -233.37M | -204.78M | -56.11M | -29.67M | 11.27M | -14.27M | 9.65M | 15.64M | 15.31M |
| Operating Income Ratio | -28.53% | -46.86% | -55.19% | -22.48% | -17.21% | 8.91% | -12.02% | 7.60% | 13.01% | 15.71% |
| Total Other Income/Expenses | 46.40M | 12.58M | 23.30M | 2.83M | 2.18M | -5.46M | -5.28M | -5.06M | -9.16M | -12.82M |
| Income Before Tax | -123.77M | -220.79M | -181.48M | -53.28M | -27.49M | 5.81M | -19.55M | 4.59M | 6.48M | 2.48M |
| Income Before Tax Ratio | -20.75% | -44.34% | -48.91% | -21.34% | -15.95% | 4.59% | -16.48% | 3.62% | 5.39% | 2.55% |
| Income Tax Expense | 13.67M | 11.34M | 10.52M | 4.02M | 3.64M | 1.48M | -19.54M | 1.94M | 2.07M | 1.24M |
| Net Income | -137.44M | -232.13M | -192.00M | -57.29M | -31.13M | 4.32M | -7.00K | 2.65M | 4.91M | 1.25M |
| Net Income Ratio | -23.04% | -46.61% | -51.75% | -22.95% | -18.06% | 3.42% | -0.01% | 2.09% | 4.09% | 1.28% |
| EPS | -0.47 | -0.82 | -1.47 | -0.23 | -0.12 | 0.25 | 0.00 | 0.16 | 0.29 | 0.10 |
| EPS Diluted | -0.47 | -0.82 | -1.47 | -0.23 | -0.12 | 0.25 | 0.00 | 0.16 | 0.29 | 0.10 |
| Weighted Avg Shares Out | 293.09M | 284.59M | 130.65M | 252.90M | 252.90M | 17.00M | 16.87M | 16.74M | 16.65M | 12.10M |
| Weighted Avg Shares Out (Dil) | 293.09M | 284.59M | 130.65M | 252.90M | 252.90M | 17.00M | 16.87M | 16.77M | 16.87M | 12.10M |
Freshworks Appoints Srinivasan Raghavan as Chief Product Officer
Former executive at RingCentral, Five9 and Cisco, joins to lead product innovation and scale growth of Freshworks' AI, CX and EX solutions Former executive at RingCentral, Five9 and Cisco, joins to lead product innovation and scale growth of Freshworks' AI,...
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SAN MATEO, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced that Tyler Sloat, Chief Operating Officer and Chief Financial Officer, is scheduled to participate in a fireside chat at the UBS Global Technology Conference on...
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