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Freshworks, Inc. FRSH Contract Assets

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Other financials

Income statement

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Revenue$228.6M+16.5%
Gross profit$193.9M+16.6%
Operating income-$8.1M+22.6%
Net income-$4.8M-269%
EPS (diluted)-$0.02

Balance sheet

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Cash & equivalents$549.3M-7.6%
Total debt$38.8M-2.7%
Total equity$1.0B-4.0%
Total assets$1.6B+4.2%

Cash flow

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Operating cash flow$62.4M+7.6%
CapEx$3.9M+201%
Free cash flow$58.5M+3.2%

Valuation

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Market cap$2.54B-46.4%
Enterprise value$2.03B-52.1%
P/E14.1×
P/S2.9×-3.4×

Profitability

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Gross margin85%+0.6pp
Operating margin1.8%+0.9pp
Net margin20.7%+15.7pp
FCF margin27.4%+5.0pp

Returns & leverage

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Return on equity17.3%+13.5pp
Debt / equity0.0×
Current ratio1.9×-1.0×

Where this comes from

Reported directly by Freshworks, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Freshworks, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freshworks, Inc.'s contract assets?
Freshworks, Inc. (FRSH) reported contract assets of $8.9M in Q1 2026.
How has Freshworks, Inc.'s contract assets changed year-over-year?
Freshworks, Inc.'s contract assets increased by 23.6% year-over-year, from $7.2M to $8.9M.
What is the long-term trend for Freshworks, Inc.'s contract assets?
Over 2 years (2023 to 2025), Freshworks, Inc.'s contract assets has grown at a 600.0% compound annual growth rate (CAGR), from $200K to $9.8M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.