FRSH - Freshworks Inc. Stock Price, Fair Value and News

17.70USD+0.40 (+2.31%)Market Closed

Market Summary

USD17.70+0.40

Market Closed

2.31%

FRSH Alerts

1 major insider sales recently.

FRSH Stock Price

View Fullscreen

FRSH RSI Chart

FRSH Valuation

Market Cap

5.2B

Price/Earnings (Trailing)

-37.75

Price/Sales (Trailing)

8.7

EV/EBITDA

-42.1

Price/Free Cashflow

61.68

FRSH Price/Sales (Trailing)

FRSH Profitability

Operating Margin

82.67%

EBT Margin

-20.75%

Return on Equity

-12.82%

Return on Assets

-9.43%

Free Cashflow Yield

1.62%

FRSH Fundamentals

FRSH Revenue

Revenue (TTM)

596.4M

Rev. Growth (Yr)

20.23%

Rev. Growth (Qtr)

4.27%

FRSH Earnings

Earnings (TTM)

-137.4M

Earnings Growth (Yr)

49.38%

Earnings Growth (Qtr)

9.51%

Breaking Down FRSH Revenue

Last 7 days

-1.5%

Last 30 days

-1.5%

Last 90 days

-20.6%

Trailing 12 Months

20.4%

How does FRSH drawdown profile look like?

FRSH Financial Health

Current Ratio

4.14

FRSH Investor Care

Shares Dilution (1Y)

2.99%

Diluted EPS (TTM)

-0.48

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	521.1M	544.7M	569.5M	596.4M
2022	373.3M	406.3M	438.5M	498.0M
2021	288.0M	326.2M	364.5M	402.8M
2020	0	0	211.0M	249.7M
2019	0	0	0	172.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Freshworks Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 13, 2024	sloat tyler	acquired	-	-	23,754	chief financial officer
Apr 13, 2024	sloat tyler	sold (taxes)	-426,622	17.96	-23,754	chief financial officer
Apr 10, 2024	taylor jennifer h	acquired	-	-	7,035	-
Apr 10, 2024	taylor jennifer h	sold	-127,193	18.08	-7,035	-
Apr 10, 2024	austin roxanne s	acquired	-	-	12,601	-
Apr 10, 2024	flower johanna	acquired	-	-	4,800	-
Apr 10, 2024	flower johanna	sold	-86,928	18.11	-4,800	-
Apr 08, 2024	austin roxanne s	acquired	-	-	148,960	-
Apr 01, 2024	flower johanna	acquired	-	-	547	-
Apr 01, 2024	taylor jennifer h	acquired	-	-	501	-

Which funds bought or sold FRSH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	TOTH FINANCIAL ADVISORY CORP	sold off	-100	-375,418	-	-%
Apr 15, 2024	Legato Capital Management LLC	reduced	-48.48	-859,102	571,321	0.07%
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-1.39	-62,140	201,676	-%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	added	88.59	575,815	1,822,150	0.05%
Apr 12, 2024	STEPH & CO	new	-	200,529	200,529	0.07%
Apr 12, 2024	IMC-Chicago, LLC	new	-	230,957	230,957	-%
Apr 11, 2024	CATALYST PRIVATE WEALTH, LLC	reduced	-12.47	-272,979	576,255	0.30%
Apr 11, 2024	SALEM INVESTMENT COUNSELORS INC	new	-	893	893	-%
Apr 09, 2024	Renaissance Capital LLC	added	2.99	-485,943	1,924,740	1.00%
Apr 05, 2024	CWM, LLC	added	737	8,000	9,000	-%

Are Funds Buying or Selling FRSH?

Are funds buying FRSH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FRSH

No. of Funds

FRSH Alerts

1 major insider sales recently.

Unveiling Freshworks Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	mathrubootham rathnagirish	6.0%	13,370,975	SC 13G/A
Feb 13, 2024	vanguard group inc	9.80%	19,816,514	SC 13G/A
Feb 12, 2024	accel leaders fund l.p.	1.7%	3,493,640	SC 13G/A
Jan 26, 2024	blackrock inc.	6.7%	13,445,911	SC 13G
Nov 07, 2023	sc us (ttgp), ltd.	9.7%	21,482,653	SC 13D/A
Jul 27, 2023	sequoia capital india v ltd.	6.7%	12,033,920	SC 13D/A
Jul 25, 2023	sc us (ttgp), ltd.	11.5%	21,482,653	SC 13D/A
Feb 21, 2023	mathrubootham rathnagirish	9.3%	16,461,393	SC 13G/A
Feb 15, 2023	accel leaders fund l.p.	2.1%	3,493,640	SC 13G/A
Feb 15, 2023	westbridge crossover fund, llc	10.2%	16,512,210	SC 13G/A

Recent SEC filings of Freshworks Inc.

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	4	Insider Trading
Apr 10, 2024	144	Notice of Insider Sale Intent
Apr 10, 2024	144	Notice of Insider Sale Intent
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Freshworks Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	268.0B	34.9B	-8.06%	39.18%	64.79	7.69	11.18%	1888.46%
UBER	149.4B	37.3B	-4.97%	126.73%	79.16	4.01	16.95%	120.64%
ADSK	46.0B	5.3B	-15.78%	8.85%	50.14	8.6	9.15%	48.14%
ANSS	28.4B	2.3B	-2.82%	1.38%	56.66	12.49	9.90%	-4.45%
ZM	17.8B	4.5B	-10.77%	-12.15%	27.88	3.93	3.06%	514.65%
MID-CAP
APPF	7.7B	620.4M	-2.15%	66.67%	2.9K	12.44	31.48%	103.97%
LYFT	6.7B	4.4B	-3.62%	67.80%	-19.59	1.51	7.53%	78.52%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
ALRM	3.2B	881.7M	-11.74%	32.17%	39.92	3.64	4.64%	44.42%
AI	2.5B	296.4M	-29.09%	-9.49%	-9.13	8.37	11.14%	-3.59%
AGYS	2.3B	228.1M	5.25%	-2.33%	25.83	9.89	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	190.8M	572.4M	-33.69%	-85.09%	-0.96	0.33	-19.38%	-489.49%
ASUR	180.2M	119.1M	-15.04%	-58.05%	-19.56	1.51	24.27%	36.31%
AEYE	146.2M	31.3M	38.43%	88.82%	-24.9	4.67	4.69%	43.72%

Freshworks Inc. News

Latest updates

Freshworks Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	4.3%	160,111,000	153,550,000	145,079,000	137,692,000	133,170,000	128,760,000	121,432,000	114,637,000	73,663,000	96,614,000	88,341,000	144,221,000	105,204,000	66,187,000	-
Cost Of Revenue	-	-	-	-	-	-	-	-	-	20,398,000	22,236,000	-	-	-	13,163,000	-
Gross Profit	4.6%	133,102,000	127,287,000	120,218,000	112,456,000	108,014,000	104,581,000	97,390,000	92,242,000	85,082,000	74,378,000	69,638,000	63,894,000	-	53,024,000	-
Operating Expenses	4.3%	173,143,000	166,022,000	163,507,000	160,563,000	168,622,000	162,869,000	164,742,000	139,366,000	141,457,000	214,631,000	76,077,000	65,609,000	-	52,971,000	-
S&GA Expenses	1.8%	92,323,000	90,673,000	87,975,000	86,810,000	94,838,000	86,865,000	90,038,000	71,466,000	72,190,000	96,785,000	48,862,000	42,508,000	-	34,164,000	-
R&D Expenses	2.7%	35,834,000	34,885,000	34,180,000	32,857,000	34,658,000	35,871,000	34,297,000	30,717,000	29,030,000	57,087,000	18,895,000	15,395,000	-	13,249,000	-
EBITDA Margin	22.2%	-0.19	-0.24	-0.30	-0.39	-0.42	-0.49	-0.68	-0.57	-0.42	-0.28	0.01	-0.14	-0.17	-0.09	-0.12
Income Taxes	-16.7%	2,749,000	3,300,000	3,600,000	4,036,000	4,821,500	1,804,000	2,200,000	2,537,000	18,233,500	-9,915,000	1,100,000	1,100,000	-	-95,000	-
Earnings Before Taxes	8.7%	-25,326,000	-27,742,000	-32,073,000	-38,628,000	-50,635,000	-56,039,000	-67,594,000	-46,522,000	-56,500,000	-117,330,000	-6,307,000	-1,342,000	-	1,292,000	-
EBT Margin	20.7%	-0.21	-0.26	-0.33	-0.41	-0.44	-0.52	-0.71	-0.61	-0.45	-0.31	-0.02	-0.17	-0.21	-0.12	-0.16
Net Income	9.5%	-28,081,000	-31,033,000	-35,658,000	-42,664,000	-55,477,000	-57,843,000	-69,753,000	-49,059,000	-74,736,000	-107,415,000	-7,429,000	-2,415,000	-	1,387,000	-
Net Income Margin	20.4%	-0.23	-0.29	-0.35	-0.43	-0.47	-0.57	-0.74	-0.64	-0.48	-0.30	-0.03	-0.18	-0.23	-0.14	-0.18
Free Cashflow	26.0%	29,787,000	23,635,000	19,566,000	11,121,000	5,326,000	-6,130,000	-8,808,000	-42,000	3,335,000	-3,316,000	86,000	5,790,000	12,726,000	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet											(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Assets	2.7%	1,457	1,418	1,400	1,391	1,380	1,363	1,378	1,391	1,483	1,488	367
Current Assets	2.7%	1,356	1,320	1,303	1,291	1,277	1,269	1,285	1,300	1,421	1,422	312
Cash Equivalents	6.5%	488	458	356	344	304	432	590	603	748	1,180	98.00
Net PPE	-0.8%	23.00	23.00	23.00	24.00	24.00	23.00	23.00	21.00	21.00	21.00	21.00
Goodwill	0%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00
Liabilities	6.9%	385	360	343	340	328	303	299	279	245	220	169
Current Liabilities	7.0%	327	306	292	285	272	252	248	232	223	201	152
Shareholder's Equity	1.3%	1,072	1,058	1,058	1,050	1,052	1,060	1,080	1,111	1,238	1,268	-2,696
Retained Earnings	-0.8%	-3,640	-3,612	-3,581	-3,545	-3,503	-3,447	-3,389	-3,320	-3,270	-3,196	-2,697
Additional Paid-In Capital	0.8%	4,714	4,676	4,645	4,601	4,562	4,516	4,476	4,436	4,510	4,464	-
Shares Outstanding	-0.4%	293	294	291	290	285	283	281	278	131	96.00	77.00
Float	-	-	-	2,910	-	-	-	1,520	-	4,300	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)															(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	29.1%	30,866	23,913	19,895	11,504	7,167	-4,223	-6,824	1,355	4,844	-2,046	885	7,777	-	-	-
Share Based Compensation	-8.1%	50,640	55,125	54,248	50,694	57,044	53,892	50,135	46,625	49,184	124,259	-	-	-	-	-
Cashflow From Investing	-88.0%	12,219	102,144	2,800	41,336	-123,753	-140,210	4,782	-25,646	-432,291	10,682	-14,437	15,750	-	-	-
Cashflow From Financing	45.0%	-13,210	-24,029	-10,952	-12,428	-11,638	-13,365	-11,322	-120,029	-4,650	1,065,393	-2,367	-7.00	-	-	-

FRSH Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 596,432	$ 497,999	$ 371,022
Cost of revenue	103,369	95,772	78,030
Gross profit	493,063	402,227	292,992
Operating expense:
Research and development	137,756	135,543	120,407
Sales and marketing	357,781	343,207	260,345
General and administrative	167,698	156,849	117,022
Total operating expenses	663,235	635,599	497,774
Loss from operations	(170,172)	(233,372)	(204,782)
Interest and other income, net	46,403	12,582	23,303
Loss before income taxes	(123,769)	(220,790)	(181,479)
Provision for income taxes	13,667	11,342	10,516
Net loss	(137,436)	(232,132)	(191,995)
Accretion of redeemable convertible preferred stock	0	0	(2,646,662)
Net loss attributable to common stockholders - basic and diluted
Net loss attributable to common stockholders - basic	(137,436)	(232,132)	(2,838,657)
Net loss attributable to common stockholders - diluted	$ (137,436)	$ (232,132)	$ (2,838,657)
Net loss attributable to common stockholders - basic and diluted
Net loss per share attributable to Class A and Class B common stockholders - basic (in dollars per share)	$ (0.47)	$ (0.82)	$ (21.73)
Net loss per share attributable to Class A and Class B common stockholders - diluted (in dollars per share)	$ (0.47)	$ (0.82)	$ (21.73)
Weighted average shares used in computing net loss per share attributable to common stockholders - basic and diluted
Weighted-average shares used in computing net loss per share attributable to common stockholders - diluted (in shares)	293,087	284,587	130,652
Weighted-average shares used in computing net loss per share attributable to common stockholders - basic (in shares)	293,087	284,587	130,652

FRSH Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 488,121	$ 304,083
Marketable securities	699,506	843,405
Accounts receivable, net of allowance of $8,562 and $6,628	97,179	70,470
Deferred contract acquisition costs	22,908	20,139
Prepaid expenses and other current assets	47,832	38,913
Total current assets	1,355,546	1,277,010
Property and equipment, net	22,747	24,139
Operating lease right-of-use assets	32,749	33,024
Deferred contract acquisition costs, noncurrent	19,764	19,536
Goodwill	6,181	6,181
Deferred tax assets	10,013	8,689
Other assets	9,772	11,637
Total assets	1,456,772	1,380,216
Current liabilities:
Accounts payable	3,485	5,908
Accrued liabilities	56,608	59,008
Deferred revenue	266,399	205,626
Income tax payable	722	1,150
Total current liabilities	327,214	271,692
Operating lease liabilities, non-current	26,795	28,174
Other liabilities	30,501	28,532
Total liabilities	384,510	328,398
Commitments and contingencies (Note 8)
Stockholders' equity:
Preferred stock, value	0	0
Additional paid-in capital	4,713,522	4,562,319
Accumulated other comprehensive loss	(754)	(7,431)
Accumulated deficit	(3,640,509)	(3,503,073)
Total stockholders' equity	1,072,262	1,051,818
Total liabilities and stockholders' equity	1,456,772	1,380,216
Class A Common Stock
Stockholders' equity:
Common stock, value	2	2
Class B Common Stock
Stockholders' equity:
Common stock, value	$ 1	$ 1

About Freshworks Inc.

Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide. It offers Freshdesk Support Desk that enables businesses to delight their customers at every service engagement touchpoint across traditional channels, including email, and modern channels, such as messaging and social media; Freshdesk Contact Center that offers agents with cloud-based telephony system to connect with customers that supports complex call-flows, number and call management, IVR, and routing needs, as well as live dashboard and reports; and Freshdesk Customer Success, which helps customer success managers at business to business (B2B) subscription companies. The company also provides Freshchat, which provides agents with a modern conversational user interface to engage with their customers across web, mobile, and social messaging applications; Freshsales that offers a multi-tiered approach to automating sales workflow and processes, as well as configure-price-quote functionality to quickly create quotes and AI-driven pipeline management; and Freshsales Suite, which delivers a single unified sales and marketing solution that allows businesses to engage and track customers across their buying journey. In addition, the company offers Freshservice, an intuitive service management solution; Freshping, a solution to monitor website's availability and get multichannel alerts; Freshstatus that allows businesses to create a custom branded website status page for internal or external viewing to communicate website uptime and availability; and Freshsurvey, a tool to measure NPS and other satisfaction metrics. The company was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. Freshworks Inc. was incorporated in 2010 and is headquartered in San Mateo, California.

CEO	Mr. Rathna Girish Mathrubootham
WEBSITE	freshworks.com
INDUSTRY	Software - Apps
EMPLOYEES	5400

Freshworks Inc. Frequently Asked Questions

What is the ticker symbol for Freshworks Inc.? What does FRSH stand for in stocks?

FRSH is the stock ticker symbol of Freshworks Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Freshworks Inc. (FRSH)?

As of Wed Apr 17 2024, market cap of Freshworks Inc. is 5.19 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FRSH stock?

You can check FRSH's fair value in chart for subscribers.

What is the fair value of FRSH stock?

You can check FRSH's fair value in chart for subscribers. The fair value of Freshworks Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Freshworks Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FRSH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Freshworks Inc. a good stock to buy?

The fair value guage provides a quick view whether FRSH is over valued or under valued. Whether Freshworks Inc. is cheap or expensive depends on the assumptions which impact Freshworks Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FRSH.

What is Freshworks Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, FRSH's PE ratio (Price to Earnings) is -37.75 and Price to Sales (PS) ratio is 8.7. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FRSH PE ratio will change depending on the future growth rate expectations of investors.