FRSH - Freshworks Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$11.63
DETAILS
HIGH:
$15.00
LOW:
$8.00
MEDIAN:
$11.50
CONSENSUS:
$11.63
UPSIDE:
28.08%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 838.8 | 720.4 | 596.4 | 498.0 | 371.0 | 249.7 | 172.4 | 126.4 | 118.7 | 126.9 | 120.2 | 97.4 |
| Cost of Revenue | 126.1 | 113.3 | 103.4 | 95.8 | 78.0 | 52.5 | 36.5 | 20.4 | 26.0 | 28.3 | 26.6 | 19.7 |
| Gross Profit | 712.7 | 607.1 | 493.1 | 402.2 | 293.0 | 197.2 | 135.9 | 106.0 | 92.7 | 98.5 | 93.6 | 77.7 |
| Operating Expenses | ||||||||||||
| R&D Expenses | 163.2 | 164.6 | 137.8 | 135.5 | 120.4 | 69.2 | 38.6 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 535.8 | 571.4 | 525.5 | 500.1 | 377.4 | 184.1 | 127.0 | 49.7 | 33.9 | 28.1 | 28.2 | 29.3 |
| Other Expenses | 0 | 9.7 | 0 | 0 | 0 | 0 | 0 | 16.2 | 3.1 | 3.3 | 3.4 | 5.0 |
| Operating Expenses | 699.1 | 745.7 | 663.2 | 635.6 | 497.8 | 253.3 | 165.6 | 66.0 | 37.0 | 31.4 | 31.6 | 34.3 |
| Operating Income | ||||||||||||
| Operating Income | 13.6 | (138.6) | (170.2) | (233.4) | (204.8) | (56.1) | (29.7) | 11.3 | (14.3) | 9.6 | 15.6 | 15.3 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.2 | 5.1 | 0 | 0 | 8.1 |
| Interest Income | 40.1 | 51.7 | 45.9 | 14.8 | 2.5 | 4.2 | 1.3 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||
| EBITDA | 110.8 | (109.5) | (158.0) | (225.1) | (191.5) | (44.9) | (23.4) | 18.3 | (4.0) | 16.8 | 17.0 | 19.2 |
| EBIT | 53.3 | (128.9) | (170.2) | (233.4) | (204.8) | (56.1) | (29.7) | 11.0 | (14.5) | 0 | 0 | 10.6 |
| Income Before Tax | 53.3 | (90.8) | (123.8) | (220.8) | (181.5) | (53.3) | (27.5) | 5.8 | (19.6) | 4.6 | 6.5 | 2.5 |
| Income Tax Expense | (130.4) | 4.5 | 13.7 | 11.3 | 10.5 | 4.0 | 3.6 | 1.5 | (19.5) | 1.9 | 2.1 | 1.2 |
| Net Income | 183.7 | (95.4) | (137.4) | (232.1) | (192.0) | (57.3) | (31.1) | 4.3 | (0.0) | 2.6 | 4.9 | 1.2 |
| Per Share Data | ||||||||||||
| EPS (Basic) | 0.63 | -0.32 | -0.47 | -0.82 | -10.39 | -6.40 | -0.66 | 0.25 | -0.00 | 0.16 | 0.29 | 0.10 |
| EPS (Diluted) | 0.63 | -0.32 | -0.47 | -0.82 | -10.39 | -6.40 | -0.66 | 0.25 | -0.00 | 0.16 | 0.29 | 0.10 |
| Shares Outstanding | 291.1 | 300.8 | 293.1 | 284.6 | 275.5 | 252.9 | 46.9 | 17.0 | 16.9 | 16.7 | 16.7 | 12.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 632.1 | 620.3 | 488.1 | 304.1 | 747.9 | 95.4 | 75.0 | 5.8 | 2.2 | 2.1 |
| Short-Term Investments | 211.6 | 449.8 | 699.5 | 843.4 | 575.7 | 142.7 | 147.9 | 0 | 0 | 0 |
| Net Receivables | 150.8 | 122.9 | 97.2 | 73.3 | 51.8 | 34.3 | 24.3 | 3.6 | 3.8 | 5.3 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.5 | 0.7 | 0.9 |
| Other Current Assets | 72.8 | 72.5 | 70.7 | 36.1 | 14.6 | 9.2 | 5.5 | 2.2 | 2.7 | 4.8 |
| Total Current Assets | 1,067.3 | 1,265.4 | 1,355.5 | 1,256.9 | 1,421.4 | 312.4 | 276.5 | 12.1 | 9.4 | 13.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 78.7 | 62.8 | 55.5 | 57.2 | 21.5 | 20.8 | 20.0 | 4.9 | 10.1 | 28.5 |
| Goodwill | 146.7 | 147.0 | 6.2 | 6.2 | 6.2 | 6.2 | 4.5 | 101.8 | 107.8 | 108.5 |
| Intangible Assets | 77.0 | 90.8 | 0 | 0.3 | 1.9 | 6.2 | 4.4 | 87.0 | 87.0 | 87.0 |
| Long-Term Investments | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 126.2 | 0 | 0.1 |
| Other Non-Current Assets | 75.5 | 37.3 | 29.5 | 50.9 | 25.6 | 17.4 | 14.4 | (90.3) | 28.5 | 31.8 |
| Total Non-Current Assets | 535.4 | 346.5 | 101.2 | 123.3 | 61.4 | 55.0 | 45.3 | 234.7 | 236.8 | 260.8 |
| Total Assets | 1,602.7 | 1,611.9 | 1,456.8 | 1,380.2 | 1,482.8 | 367.4 | 321.8 | 246.7 | 246.2 | 273.9 |
| Current Liabilities | ||||||||||
| Account Payables | 11.5 | 1.6 | 3.5 | 5.9 | 6.3 | 3.7 | 3.7 | 4.8 | 5.4 | 6.2 |
| Short-Term Debt | 0 | 0 | 0 | 6.8 | 0 | 0 | 0 | 11.4 | 8.4 | 7.9 |
| Deferred Revenue | 385.3 | 327.9 | 270.7 | 209.1 | 163.4 | 107.0 | 68.7 | 1.7 | 0.9 | 1.4 |
| Other Current Liabilities | 97.6 | 3.7 | 22.3 | 28.6 | 21.5 | 9.0 | 6.7 | 14.9 | 13.1 | 7.5 |
| Total Current Liabilities | 498.0 | 407.7 | 327.2 | 271.7 | 223.3 | 152.2 | 98.4 | 32.8 | 27.8 | 22.9 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 33.3 | 0 | 0 | 0 | 0 | 0 | 0 | 70.6 | 87.0 | 101.0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 23.1 | 24.5 | 44.2 |
| Other Non-Current Liabilities | 5.5 | 36.0 | 30.5 | 28.5 | 21.4 | 2,911.9 | 1,346.1 | 3.8 | 3.9 | 3.9 |
| Total Non-Current Liabilities | 72.0 | 66.2 | 57.3 | 56.7 | 21.4 | 2,911.9 | 1,346.1 | 106.1 | 116.2 | 149.5 |
| Total Liabilities | 570.1 | 474.0 | 384.5 | 328.4 | 244.8 | 3,064.2 | 1,444.5 | 147.7 | 144.0 | 172.4 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 |
| Retained Earnings | (3,552.2) | (3,735.9) | (3,640.5) | (3,503.1) | (3,270.9) | (2,697.2) | (1,122.9) | (22.3) | (18.6) | (18.6) |
| Accumulated Other Comprehensive Income | (1.6) | (0.3) | (0.8) | (7.4) | (0.7) | 0.4 | 0.1 | 0 | 0 | 0 |
| Total Stockholders' Equity | 1,032.7 | 1,137.9 | 1,072.3 | 1,051.8 | 1,238.0 | (2,696.7) | (1,122.7) | 99.0 | 102.2 | 101.5 |
| Total Liabilities & Equity | 1,602.7 | 1,611.9 | 1,456.8 | 1,380.2 | 1,482.8 | 367.4 | 321.8 | 246.7 | 246.2 | 273.9 |
| Debt Metrics | ||||||||||
| Total Debt | 66.6 | 38.3 | 29.5 | 34.9 | 0 | 0 | 0 | 82.0 | 95.4 | 108.8 |
| Net Debt | (565.6) | (582.0) | (458.6) | (269.1) | (747.9) | (95.4) | (75.0) | 76.3 | 93.2 | 106.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 183.7 | (95.4) | (137.4) | (232.1) | (192.0) | (57.3) | (31.1) | 4.3 | (0.0) | 2.6 |
| Depreciation & Amortization | 25.9 | 19.4 | 12.1 | 11.5 | 13.3 | 11.2 | 6.3 | 7.2 | 10.5 | 12.2 |
| Stock-Based Compensation | 146.8 | 216.7 | 210.7 | 207.7 | 173.4 | 0 | 0.3 | 0.5 | 0.7 | 0.9 |
| Change in Working Capital | 9.8 | 9.7 | (14.1) | (11.1) | 28.0 | 28.9 | 13.7 | (2.2) | (8.7) | (4.5) |
| Other Non-Cash Items | (118.0) | 22.8 | 16.2 | 23.9 | (9.4) | 52.1 | 3.6 | (0.9) | 32.8 | 3.8 |
| Operating Cash Flow | 250.9 | 160.6 | 86.2 | (2.5) | 11.5 | 32.5 | (8.2) | 10.2 | 15.5 | 16.8 |
| Investing Activities | ||||||||||
| Capital Expenditure | (5.7) | (14.7) | (8.3) | (12.2) | (9.1) | (9.0) | (14.8) | (0.6) | (4.0) | (18.0) |
| Acquisitions | 0 | (213.9) | 0 | 0.1 | 0 | (5.1) | (6.0) | (0.1) | 0 | (2.6) |
| Purchases of Investments | (586.8) | (620.6) | (842.8) | (848.6) | (686.1) | (115.7) | (176.6) | (0.0) | (0.0) | (0.1) |
| Sales/Maturities of Investments | 830.9 | 887.7 | 1,009.5 | 575.8 | 274.3 | 120.1 | 48.4 | 0 | 0 | 0 |
| Other Investing Activities | (32.2) | (5.2) | (6.2) | 0 | (2.9) | 0 | (3.3) | 7.7 | 2.3 | 1.3 |
| Investing Cash Flow | 206.1 | 38.8 | 158.5 | (284.8) | (420.3) | (11.4) | (148.9) | 7.0 | (1.6) | (19.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (8.5) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock Repurchased | (386.3) | (13.7) | 0 | 0 | 0 | 0 | (100) | (0.0) | (0.0) | (0.1) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (56.7) | (53.6) | (68.0) | (167.2) | (11.0) | (2.2) | 0.4 | (13.6) | (13.8) | (2.2) |
| Financing Cash Flow | (445.2) | (67.3) | (60.6) | (156.4) | 1,058.4 | (1.9) | 150.2 | (13.6) | (13.8) | (2.2) |
| Cash Position | ||||||||||
| Net Change in Cash | 11.8 | 132.2 | 184.1 | (443.7) | 649.5 | 19.2 | (6.9) | 3.6 | 0.1 | (4.8) |
| Cash at Beginning | 620.4 | 488.2 | 304.2 | 747.9 | 98.3 | 78.1 | 86.0 | 2.2 | 2.1 | 6.9 |
| Cash at End | 632.2 | 620.4 | 488.2 | 304.2 | 747.9 | 97.3 | 79.1 | 5.8 | 2.2 | 2.1 |
| Free Cash Flow | 245.2 | 146.0 | 77.8 | (14.8) | 2.3 | 23.5 | (23.0) | 9.7 | 11.6 | (1.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 838.8 | 720.4 | 596.4 | 498.0 | 371.0 | 249.7 | 172.4 | 126.4 | 118.7 | 126.9 | 120.2 | 97.4 |
| Gross Profit | 712.7 | 607.1 | 493.1 | 402.2 | 293.0 | 197.2 | 135.9 | 106.0 | 92.7 | 98.5 | 93.6 | 77.7 |
| Operating Income | 13.6 | (138.6) | (170.2) | (233.4) | (204.8) | (56.1) | (29.7) | 11.3 | (14.3) | 9.6 | 15.6 | 15.3 |
| Net Income | 183.7 | (95.4) | (137.4) | (232.1) | (192.0) | (57.3) | (31.1) | 4.3 | (0.0) | 2.6 | 4.9 | 1.2 |
| EPS (Diluted) | 0.63 | -0.32 | -0.47 | -0.82 | -10.39 | -6.40 | -0.66 | 0.25 | -0.00 | 0.16 | 0.29 | 0.10 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 632.1 | 620.3 | 488.1 | 304.1 | 747.9 | 95.4 | 75.0 | 5.8 | 2.2 | 2.1 | ||
| Total Assets | 1,602.7 | 1,611.9 | 1,456.8 | 1,380.2 | 1,482.8 | 367.4 | 321.8 | 246.7 | 246.2 | 273.9 | ||
| Total Debt | 66.6 | 38.3 | 29.5 | 34.9 | 0 | 0 | 0 | 82.0 | 95.4 | 108.8 | ||
| Stockholders' Equity | 1,032.7 | 1,137.9 | 1,072.3 | 1,051.8 | 1,238.0 | (2,696.7) | (1,122.7) | 99.0 | 102.2 | 101.5 | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | 250.9 | 160.6 | 86.2 | (2.5) | 11.5 | 32.5 | (8.2) | 10.2 | 15.5 | 16.8 | ||
| Capital Expenditure | (5.7) | (14.7) | (8.3) | (12.2) | (9.1) | (9.0) | (14.8) | (0.6) | (4.0) | (18.0) | ||
| Free Cash Flow | 245.2 | 146.0 | 77.8 | (14.8) | 2.3 | 23.5 | (23.0) | 9.7 | 11.6 | (1.2) | ||