Last 7 days
-2.4%
Last 30 days
-8.2%
Last 90 days
16.2%
Trailing 12 Months
46.3%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-15 | Mathrubootham Rathnagirish | sold | -12,236,400 | 20.04 | -610,600 | chief executive officer |
2023-09-15 | Mathrubootham Rathnagirish | acquired | - | - | 610,600 | chief executive officer |
2023-09-15 | Ramamurthy Srinivasagopalan | acquired | - | - | 50,000 | chief product officer |
2023-09-15 | Ramamurthy Srinivasagopalan | sold | -1,002,500 | 20.05 | -50,000 | chief product officer |
2023-09-14 | Mathrubootham Rathnagirish | acquired | - | - | 503,462 | chief executive officer |
2023-09-14 | Mathrubootham Rathnagirish | sold | -10,416,600 | 20.69 | -503,462 | chief executive officer |
2023-09-13 | Mathrubootham Rathnagirish | sold | -16,481,100 | 20.97 | -785,938 | chief executive officer |
2023-09-13 | Mathrubootham Rathnagirish | acquired | - | - | 785,938 | chief executive officer |
2023-09-13 | Sloat Tyler | acquired | - | - | 23,244 | chief financial officer |
2023-09-13 | Sloat Tyler | sold (taxes) | -486,962 | 20.95 | -23,244 | chief financial officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | added | 930 | 1,026,000 | 1,122,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 8.98 | 126,888 | 639,912 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 0.02 | 59,103 | 467,380 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 39.85 | 1,175,110 | 3,131,580 | -% |
2023-08-16 | Nuveen Asset Management, LLC | new | - | 18,151,600 | 18,151,600 | 0.01% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | added | 35.01 | 29,739,100 | 84,284,400 | 0.03% |
2023-08-15 | GOLDMAN SACHS GROUP INC | reduced | -57.43 | -8,317,470 | 7,904,780 | -% |
2023-08-15 | LAZARD ASSET MANAGEMENT LLC | added | 2,047 | 593,000 | 618,000 | -% |
2023-08-15 | WELLS FARGO & COMPANY/MN | added | 129 | 1,414,850 | 2,287,140 | -% |
2023-08-14 | Lombard Odier Asset Management (USA) Corp | new | - | 190,005 | 190,005 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 14, 2023 | gilder gagnon howe & co llc | 0% | 0 | SC 13G/A | |
Feb 14, 2023 | hound partners, llc | 1.3% | 2,082,484 | SC 13G/A | |
Feb 14, 2023 | alliancebernstein l.p. | 2.0% | 3,260,992 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 8.79% | 14,155,299 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 15, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 15, 2023 | 4 | Insider Trading | |
Sep 15, 2023 | 4 | Insider Trading | |
Sep 15, 2023 | 4 | Insider Trading | |
Sep 14, 2023 | 4 | Insider Trading | |
Sep 14, 2023 | 4 | Insider Trading | |
Sep 13, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 12, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 12, 2023 | 4 | Insider Trading | |
Sep 12, 2023 | 4 | Insider Trading |
94.3%
70.8%
67.0%
Y-axis is the maximum loss one would have experienced if Freshworks was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Revenue | 4.5% | 544,701,000 | 521,054,000 | 497,999,000 | 470,309,000 | 438,163,000 | 405,072,000 | 371,022,000 | 402,177,000 | 371,750,000 | 377,878,667 | 249,659,000 | 264,748,000 | 172,377,000 |
Gross Profit | 5.4% | 445,269,000 | 422,441,000 | 402,227,000 | 379,295,000 | 349,092,000 | 321,340,000 | 292,992,000 | 265,439,000 | 244,085,000 | 232,596,000 | 197,167,000 | 212,096,000 | 135,915,000 |
Operating Expenses | -0.2% | 655,561,000 | 656,796,000 | 635,599,000 | 608,434,000 | 660,196,000 | 571,531,000 | 497,774,000 | 417,233,000 | 255,573,000 | 239,328,000 | 253,279,000 | 211,884,000 | 165,585,000 |
S&GA Expenses | -0.6% | 356,488,000 | 358,551,000 | 343,207,000 | 320,559,000 | 330,479,000 | 289,303,000 | 260,345,000 | 226,084,000 | 163,463,000 | 152,801,333 | 133,277,000 | 136,656,000 | 111,115,000 |
R&D Expenses | -0.1% | 137,566,000 | 137,683,000 | 135,543,000 | 129,915,000 | 151,131,000 | 135,729,000 | 120,407,000 | 107,525,000 | 63,687,000 | 59,722,667 | 69,210,000 | 52,996,000 | 38,559,000 |
EBITDA | 100.0% | - | -201,253,000 | -209,286,000 | -214,579,000 | -275,291,000 | -214,610,000 | -168,185,000 | -114,666,000 | 3,367,000 | - | -42,110,000 | 16,121,333 | -21,230,000 |
EBITDA Margin | 100.0% | - | -0.39 | -0.42 | -0.45 | -0.64 | -0.58 | -0.45 | -0.29 | 0.01 | - | -0.17 | 0.06 | -0.12 |
Earnings Before Taxes | 16.7% | -177,375,000 | -212,896,000 | -220,790,000 | -226,655,000 | -287,946,000 | -226,659,000 | -181,479,000 | -126,395,000 | -7,773,000 | -1,954,666 | -53,279,000 | 5,168,000 | -27,490,000 |
EBT Margin | 100.0% | - | -0.41 | -0.44 | -0.48 | -0.67 | -0.61 | -0.49 | -0.31 | -0.02 | - | -0.21 | 0.02 | -0.16 |
Net Income | 15.1% | -191,642,000 | -225,737,000 | -232,132,000 | -251,391,000 | -300,963,000 | -238,639,000 | -191,995,000 | -118,794,000 | -9,992,000 | -3,417,333 | -57,294,000 | 5,548,000 | -31,125,000 |
Net Income Margin | 100.0% | - | -0.43 | -0.47 | -0.53 | -0.70 | -0.64 | -0.52 | -0.30 | -0.03 | - | -0.23 | 0.02 | -0.18 |
Free Cashflow | -100.0% | - | 1,509,000 | -9,654,000 | -11,645,000 | -8,831,000 | 63,000 | 5,895,000 | 15,286,000 | 24,802,667 | - | 28,147,000 | 20,561,333 | -19,669,000 |
Balance Sheet | (In Millions) | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2020Q4 |
Assets | 0.7% | 1,400 | 1,391 | 1,380 | 1,363 | 1,378 | 1,391 | 1,483 | 1,488 | 367 |
Current Assets | 1.0% | 1,303 | 1,291 | 1,277 | 1,269 | 1,285 | 1,300 | 1,421 | 1,422 | 312 |
Cash Equivalents | 3.4% | 356 | 344 | 304 | 432 | 590 | 603 | 748 | 1,180 | 95.00 |
Net PPE | -3.1% | 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 |
Liabilities | 0.7% | 343 | 340 | 328 | 303 | 299 | 279 | 245 | 220 | 169 |
Current Liabilities | 2.1% | 292 | 285 | 272 | 252 | 248 | 232 | 223 | 201 | 152 |
Shareholder's Equity | 0.7% | 1,058 | 1,050 | 1,052 | 1,060 | 1,080 | 1,111 | 1,238 | 1,268 | - |
Retained Earnings | -1.0% | -3,581 | -3,545 | -3,503 | -3,447 | -3,389 | -3,320 | -3,270 | -3,196 | -2,697 |
Additional Paid-In Capital | 1.0% | 4,645 | 4,601 | 4,562 | 4,516 | 4,476 | 4,436 | 4,510 | 4,464 | - |
Shares Outstanding | 0.6% | 292 | 290 | - | 287 | 285 | 278 | - | 96.00 | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2019Q4 |
Cashflow From Operations | 350.5% | 34.00 | 8.00 | -2.52 | -4.85 | -2.67 | 5.00 | 11.00 | 20.00 | 30.00 | 43.00 | 33.00 | 25.00 | -8.16 |
Share Based Compensation | 1.9% | 216 | 212 | 208 | 200 | 270 | 220 | 173 | 124 | - | - | 43.00 | 58.00 | 0.00 |
Cashflow From Investing | -0.9% | -219 | -217 | -284 | -593 | -442 | -461 | -420 | 39.00 | 37.00 | 85.00 | -11.42 | -50.96 | -148 |
Cashflow From Financing | 0.8% | -48.38 | -48.75 | -156 | -149 | 929 | 938 | 1,058 | 1,062 | -4.27 | -1.67 | -1.91 | -1.44 | 150 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Income Statement [Abstract] | ||||
Revenue | $ 145,079 | $ 121,432 | $ 282,771 | $ 236,069 |
Cost of revenue | 24,861 | 24,042 | 50,097 | 46,437 |
Gross profit | 120,218 | 97,390 | 232,674 | 189,632 |
Operating expense: | ||||
Research and development | 34,180 | 34,297 | 67,037 | 65,014 |
Sales and marketing | 87,975 | 90,038 | 174,785 | 161,504 |
General and administrative | 41,352 | 40,407 | 82,248 | 77,590 |
Total operating expenses | 163,507 | 164,742 | 324,070 | 304,108 |
Loss from operations | (43,289) | (67,352) | (91,396) | (114,476) |
Interest and other income (expense), net | 11,216 | (242) | 20,695 | 360 |
Loss before income taxes | (32,073) | (67,594) | (70,701) | (114,116) |
Provision for income taxes | 3,585 | 2,159 | 7,621 | 4,696 |
Net loss | $ (35,658) | $ (69,753) | $ (78,322) | $ (118,812) |
Net loss per share - basic (in dollars per share) | $ (0.12) | $ (0.24) | $ (0.27) | $ (0.42) |
Net loss per share - diluted (in dollars per share) | $ (0.12) | $ (0.24) | $ (0.27) | $ (0.42) |
Weighted-average shares used in computing net loss per share - basic (in shares) | 291,995 | 284,761 | 291,068 | 281,492 |
Weighted-average shares used in computing net loss per share - diluted (in shares) | 291,995 | 284,761 | 291,068 | 281,492 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 356,220 | $ 304,083 |
Marketable securities | 804,646 | 843,405 |
Accounts receivable, net of allowance of $6,955 and $6,628 | 73,909 | 70,470 |
Deferred contract acquisition costs | 21,694 | 20,139 |
Prepaid expenses and other current assets | 46,827 | 38,913 |
Total current assets | 1,303,296 | 1,277,010 |
Property and equipment, net | 23,471 | 24,139 |
Operating lease right-of-use assets | 29,297 | 33,024 |
Deferred contract acquisition costs, noncurrent | 19,268 | 19,536 |
Goodwill | 6,181 | 6,181 |
Deferred tax assets | 8,671 | 8,689 |
Other assets | 10,123 | 11,637 |
Total assets | 1,400,307 | 1,380,216 |
Current liabilities: | ||
Accounts payable | 1,686 | 5,908 |
Accrued liabilities | 53,761 | 59,008 |
Deferred revenue | 234,358 | 205,626 |
Income tax payable | 1,751 | 1,150 |
Total current liabilities | 291,556 | 271,692 |
Operating lease liabilities, non-current | 24,251 | 28,174 |
Other liabilities | 26,847 | 28,532 |
Total liabilities | 342,654 | 328,398 |
Commitments and contingencies (Note 7) | ||
Stockholders' equity: | ||
Preferred Stock, value | 0 | 0 |
Additional paid-in capital | 4,644,686 | 4,562,319 |
Accumulated other comprehensive loss | (5,641) | (7,431) |
Accumulated deficit | (3,581,395) | (3,503,073) |
Total stockholders' equity | 1,057,653 | 1,051,818 |
Total liabilities and stockholders' equity | 1,400,307 | 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 |