Freshworks Inc.(FRSH) Stock Research - Grey Stern Research
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Freshworks Inc. (FRSH) Stock Analysis

$10.88 (-1.18%)

FRSH Financial Performance


Use the table below to view Freshworks Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $11.01 -
52 Week Low $10.89 -
52 Week High $24.98 -
Market Cap $3.3 Billion 8/18
Gross Margin 84% 3/18
Profit Margin -12% 10/18
EBITDA margin -23% 15/18
Q2 - 2024 Revenue $174.1 Million 8/18
Q2 - 2024 Earnings -$20.2 Million 14/18
Q2 - 2024 Free Cash Flow $32.8 Million 7/18
Trailing 4 Quarters Revenue $652.9 Million 8/18
Trailing 4 Quarters Earnings -$102.6 Million 15/18
Quarterly Earnings Growth 43% 9/18
Annual Earnings Growth 37% 11/18
Quarterly Revenue Growth 20% 6/18
Annual Revenue Growth 17% 7/18
Cash On Hand $310.3 Million 7/18
Short Term Debt $4.0 Million 13/18
Long Term Debt $27.7 Million 13/18

Freshworks Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Freshworks Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE -1.00 6/18
PS 5.09 8/18
PB 2.98 13/18
PC 10.72 13/18
Liabilities to Equity 0.38 16/18
ROA -0.07 10/18
ROE -0.09 9/18
Current Ratio 3.60 5/18
Quick Ratio 2.38 2/18
Long Term Debt to Equity 0.02 17/18
Debt to Equity 0.03 17/18
Burn Rate 13.92 6/18
Cash to Cap 0.09 6/18
CCR -1.63 15/18
EV to EBITDA -76.11 12/18
EV to Revenue 4.67 8/18

Company Details

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.

CEO:

Website: https://www.freshworks.com

Address: 2950 S. Delaware Street San Mateo, CA

Exchange: NASDAQ Global Select

Industry: Software—Application

Freshworks Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Freshworks Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Atlassian Corporation Plc TEAM $41.7 Billion
Bill.com Holdings, Inc. BILL $5.5 Billion
Datadog, Inc. DDOG $39.2 Billion
Sprout Social, Inc. SPT $1.6 Billion
Vertex, Inc. VERX $6.4 Billion
Asana, Inc. ASAN $2.6 Billion
Alkami Technology, Inc. ALKT $3.2 Billion
Sprinklr, Inc. CXM $1.9 Billion
CS Disco, Inc. LAW $346.2 Million
Momentive Global Inc. MNTV $1.4 Billion
ON24, Inc. ONTF $252.9 Million
monday.com Ltd. MNDY $13.5 Billion
Clearwater Analytics Holdings, Inc. CWAN $6.1 Billion
Expensify, Inc. EXFY $162.0 Million
Braze, Inc. BRZE $3.3 Billion
Enfusion, Inc. ENFN $836.1 Million
Global Business Travel Group, Inc. GBTG $3.5 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
FRSH Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 174.1 Million -$20.2 Million
Q1 2024 $ 165.1 Million -$23.3 Million
Q4 2023 $ 160.1 Million -$28.1 Million
Q3 2023 $ 153.6 Million -$31.0 Million
Q2 2023 $ 145.1 Million -$35.7 Million
Q1 2023 $ 137.7 Million -$42.7 Million
Q4 2022 $ 133.2 Million -$55.5 Million
Q3 2022 $ 128.8 Million -$57.8 Million

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FRSH Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $310.3 Million $1.5 Billion $31.7 Million $1.1 Billion
Q1 2024 $468.0 Million $1.5 Billion $26.3 Million $1.1 Billion
Q4 2023 $488.1 Million $1.5 Billion $26.8 Million $1.1 Billion
Q3 2023 $458.2 Million $1.4 Billion $30.8 Million $1.1 Billion
Q2 2023 $356.2 Million $1.4 Billion $24.3 Million $1.1 Billion
Q1 2023 $344.5 Million $1.4 Billion $26.2 Million $1.1 Billion
Q4 2022 $304.1 Million $1.4 Billion $34.9 Million $1.1 Billion
Q3 2022 $432.3 Million $1.4 Billion $24.6 Million $1.1 Billion

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FRSH Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $32.8 Million -$3.5 Million -$157.7 Million
Q1 2024 $38.7 Million -$1.9 Million -$20.1 Million
Q4 2023 $29.8 Million -$1.1 Million $29.9 Million
Q3 2023 $22.1 Million -$1.8 Million $102.0 Million
Q2 2023 $18.1 Million -$1.8 Million $11.7 Million
Q1 2023 $9.1 Million -$2.4 Million $40.4 Million
Q4 2022 $4.0 Million -$3.1 Million -$128.2 Million
Q3 2022 -$7.2 Million -$3.0 Million $0

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