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Freshworks, Inc. FRSH Operating margin

Operating margin at other companies

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SalesforceCRM
20.4%+1.1pp
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ServiceNowNOW
13.4%+0.5pp
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HubSpotHUBS
1.9%+1.2pp
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AtlassianTEAM
-3.7%+0.3pp
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PaylocityPCTY
21.3%+1.9pp
EPAM Systems logo
EPAM SystemsEPAM
9.7%-1.3pp

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
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

Calculated from Freshworks, Inc.’s reported figures.

Based on trailing twelve months.

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 operating margin?
Freshworks, Inc. (FRSH) reported operating margin of 1.8% in Q1 2026.
How has Freshworks, Inc.'s operating margin changed year-over-year?
Freshworks, Inc.'s operating margin increased by 111.5% year-over-year, from -15.5% to 1.8%.
What is the long-term trend for Freshworks, Inc.'s operating margin?
Over 4 years (2021 to 2025), Freshworks, Inc.'s operating margin has grown at a -58.9% compound annual growth rate (CAGR), from -55.2% to 1.6%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.