Freshworks Inc. financial data

Symbol
FRSH on Nasdaq
Industry
Services-Prepackaged Software
Location
2950 S. Delaware St., Suite 201, San Mateo, CA
State of incorporation
DE
Fiscal year end
December 31
Former names
FreshDesk Inc. (to 11/16/2016)
Latest financial report
10-Q - Q3 2024 - Nov 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 366 % -18.7%
Debt-to-equity 37.3 % +14.8%
Return On Equity -9.23 % +40.9%
Return On Assets -6.72 % +43%
Operating Margin -22.6 % +32.6%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.91B USD +91.4%
Weighted Average Number of Shares Outstanding, Basic 302M shares +2.7%
Weighted Average Number of Shares Outstanding, Diluted 302M shares +2.7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 686M USD +20.5%
Research and Development Expense 159M USD +16.7%
Selling and Marketing Expense 392M USD +8.93%
General and Administrative Expense 178M USD +10%
Operating Income (Loss) -155M USD +18.8%
Nonoperating Income (Expense) 54.7M USD +31.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -100M USD +32.8%
Income Tax Expense (Benefit) 1.38M USD -91.3%
Net Income (Loss) Attributable to Parent -102M USD +38.4%
Earnings Per Share, Basic -0.34 USD/shares +41.4%
Earnings Per Share, Diluted -0.34 USD/shares +41.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 391M USD -14.7%
Marketable Securities, Current 843M USD +46.5%
Accounts Receivable, after Allowance for Credit Loss, Current 99.2M USD +23.5%
Assets, Current 1.23B USD -6.57%
Deferred Income Tax Assets, Net 9.53M USD +11.6%
Property, Plant and Equipment, Net 26.2M USD +14.1%
Operating Lease, Right-of-Use Asset 29.9M USD -7.39%
Intangible Assets, Net (Excluding Goodwill) 94.4M USD
Goodwill 147M USD +2278%
Other Assets, Noncurrent 13.8M USD +42.9%
Assets 1.58B USD +11.1%
Accounts Payable, Current 6.96M USD +159%
Employee-related Liabilities, Current 24.5M USD +34.3%
Accrued Liabilities, Current 73.7M USD +34.9%
Contract with Customer, Liability, Current 296M USD +20.3%
Liabilities, Current 378M USD +23.6%
Contract with Customer, Liability, Noncurrent 3.3M USD
Operating Lease, Liability, Noncurrent 25.5M USD -5.26%
Other Liabilities, Noncurrent 36.7M USD +36.2%
Liabilities 440M USD +22.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 1.82M USD
Retained Earnings (Accumulated Deficit) -3.71B USD -2.81%
Stockholders' Equity Attributable to Parent 1.14B USD +7.23%
Liabilities and Equity 1.58B USD +11.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 40.6M USD +253%
Net Cash Provided by (Used in) Financing Activities -23M USD -84.7%
Net Cash Provided by (Used in) Investing Activities -37.8M USD -191%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -20.1M USD -150%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 391M USD -14.6%
Deferred Tax Assets, Valuation Allowance 155M USD +5.92%
Deferred Tax Assets, Gross 177M USD +0.24%
Operating Lease, Liability 31.2M USD +1.13%
Depreciation 5.92M USD -13.1%
Payments to Acquire Property, Plant, and Equipment 739K USD +93%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -94.8M USD +41.1%
Lessee, Operating Lease, Liability, to be Paid 41.2M USD +1.98%
Property, Plant and Equipment, Gross 77.1M USD +22%
Operating Lease, Liability, Current 5.63M USD +45.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.84M USD -7.49%
Lessee, Operating Lease, Liability, to be Paid, Year One 11M USD +27.2%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) 477K USD +322%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10M USD +4.74%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.12M USD +12%
Deferred Tax Assets, Operating Loss Carryforwards 81.4M USD -18.7%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 5.63M USD +54.5%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.99M USD +36.3%
Operating Lease, Payments 9.38M USD -24.1%
Additional Paid in Capital 4.85B USD +3.67%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 3.59M USD
Depreciation, Depletion and Amortization 2.97M USD -4.66%
Deferred Tax Assets, Net of Valuation Allowance 21.9M USD -27.3%
Share-based Payment Arrangement, Expense 217M USD -0.08%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%