See more : Centric Financial Corporation (CFCX) 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 Mika Yamamoto as Chief Customer and Marketing Officer
SAN MATEO, Calif., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) today announced the appointment of Mika Yamamoto as the company's Chief Customer and Marketing Officer.
Freshworks (FRSH) Expands Clientele With Lalamove Addition
Freshworks (FRSH) helps Lalamove boost sales and customer engagement with Freshdesk and Freshsales.
On-Demand Delivery Platform Lalamove Adopts Multiple Freshworks Products to Improve Sales Efficiency in Asia and LATAM
Freshsales helps the company engage better with its business partners, improving sales conversion by 24% and Freshdesk boosts customer engagement up to 58% Freshsales helps the company engage better with its business partners, improving sales conversion by 24% and Freshdesk...
Freshworks Inc. (FRSH) Q3 2023 Earnings Call Transcript
Freshworks Inc. (NASDAQ:FRSH ) Q3 2023 Earnings Call Transcript October 31, 2023 5:00 PM ET Company Participants Joon Huh - Vice President of Investor Relations Girish Mathrubootham - Chief Executive Officer Dennis Woodside - President Tyler Sloat - Chief Financial...
Freshworks Inc. (FRSH) Q3 Earnings and Revenues Top Estimates
Freshworks Inc. (FRSH) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.01 per share a year ago.
Freshworks Reports Third Quarter 2023 Results
Third quarter revenue grew 19% year-over-year Improved business efficiency with $23.9 million in net cash provided by operating activities and $22.1 million of free cash flow in the quarter Raising full year 2023 financial outlook midpoint for non-GAAP operating profit...
Freshworks: Rethinking Investor Expectations In A Changing Landscape
Freshworks is a software solutions provider that has been shifting its focus towards optimizing profitability. Freshworks may not be in hyper-growth mode anymore, but its growth rates remain stable at around 20% CAGR. Investors have reset their expectations, and the...
Freshworks to Announce Third Quarter 2023 Financial Results on October 31, 2023
SAN MATEO, Calif., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc. (NASDAQ: FRSH) will announce its financial results for the third quarter ended September 30, 2023 following the close of market on Tuesday, October 31, 2023.
Freshworks Customers Using Microsoft Teams Increase Employee Experience and Productivity
Uptick in Microsoft Teams adoption among Freshservice customers helps businesses of all sizes speed up employee service management with the AI-enabled integration Uptick in Microsoft Teams adoption among Freshservice customers helps businesses of all sizes speed up employee service management...
Are Computer and Technology Stocks Lagging Freshwork (FRSH) This Year?
Here is how Freshworks Inc. (FRSH) and ACM Research, Inc. (ACMR) have performed compared to their sector so far this year.
Source: https://incomestatements.info
Category: Stock Reports