Freshworks Inc. financial data

Symbol
FRSH on Nasdaq
Industry
Services-Prepackaged Software
Location
2950 S. Delaware St., Suite 201, San Mateo, California
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FreshDesk Inc. (to 11/16/2016)
Latest financial report
10-Q - Q2 2024 - Jul 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 392 % -16.1%
Debt-to-equity 36.1 % +16%
Return On Equity -9.49 % +47.7%
Return On Assets -6.97 % +49.7%
Operating Margin -23.7 % +38.6%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 2.91B USD +91.4%
Weighted Average Number of Shares Outstanding, Basic 300M shares +2.68%
Weighted Average Number of Shares Outstanding, Diluted 300M shares +2.68%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 653M USD +19.9%
Research and Development Expense 146M USD +6.42%
Selling and Marketing Expense 382M USD +7.13%
General and Administrative Expense 172M USD +6.53%
Operating Income (Loss) -155M USD +26.4%
Nonoperating Income (Expense) 51.8M USD +57.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -103M USD +41.9%
Income Tax Expense (Benefit) -357K USD -103%
Net Income (Loss) Attributable to Parent -103M USD +46.5%
Earnings Per Share, Basic -0.35 USD/shares +47.8%
Earnings Per Share, Diluted -0.35 USD/shares +47.8%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 310M USD -12.9%
Marketable Securities, Current 843M USD +46.5%
Accounts Receivable, after Allowance for Credit Loss, Current 101M USD +36.5%
Assets, Current 1.2B USD -8.16%
Deferred Income Tax Assets, Net 9.52M USD +9.73%
Property, Plant and Equipment, Net 23.4M USD -0.11%
Operating Lease, Right-of-Use Asset 32.7M USD +11.6%
Intangible Assets, Net (Excluding Goodwill) 98M USD
Goodwill 147M USD +2278%
Other Assets, Noncurrent 14.4M USD +42.2%
Assets 1.54B USD +10.2%
Accounts Payable, Current 9.77M USD +480%
Employee-related Liabilities, Current 21.5M USD +14.9%
Accrued Liabilities, Current 69.2M USD +28.8%
Contract with Customer, Liability, Current 288M USD +22.7%
Liabilities, Current 368M USD +26.1%
Operating Lease, Liability, Noncurrent 27.7M USD +14.1%
Other Liabilities, Noncurrent 33.1M USD +23.4%
Liabilities 428M USD +25%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.03M USD +81.8%
Retained Earnings (Accumulated Deficit) -3.68B USD -2.87%
Stockholders' Equity Attributable to Parent 1.12B USD +5.43%
Liabilities and Equity 1.54B USD +10.2%

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 310M USD -12.9%
Deferred Tax Assets, Valuation Allowance 155M USD +5.92%
Deferred Tax Assets, Gross 177M USD +0.24%
Operating Lease, Liability 31.7M USD +5.47%
Depreciation 6.24M USD -9%
Payments to Acquire Property, Plant, and Equipment 739K USD +93%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -98M USD +48.7%
Lessee, Operating Lease, Liability, to be Paid 40.5M USD +9.55%
Property, Plant and Equipment, Gross 71.8M USD +17.7%
Operating Lease, Liability, Current 3.99M USD -30.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.76M USD -0.44%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.6M USD +18.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +12.7%
Deferred Income Tax Expense (Benefit) 477K USD +322%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.86M USD +27.1%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.1M USD +28.2%
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 6.93M USD +63.4%
Operating Lease, Payments 13.1M USD +19.1%
Additional Paid in Capital 4.8B USD +3.35%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 976K USD +2022%
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 213M USD -1.17%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%