Filing Flows › Freshworks (FRSH) › Q2 2026
Freshworks (FRSH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Freshworks (FRSH) reported revenue of $237M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +4% from the quarter before. Operating margin was 2.6%, net earnings $3.2M (1.4% of revenue).
Freshworks, Q2 2026: revenue $237M (+16% year over year), operating margin 2.6%, net earnings $3.2M, operating cash flow $58.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $237M | +4% | +16% |
| Gross profit | $201M | +4% | +16% |
| Operating profit | $6.1M | — | — |
| Net earnings | $3.2M | — | — |
| Operating cash flow | $58.5M | -6% | -0.1% |
| Free cash flow | $53.5M | -9% | -8% |
What changed
Revenue was $237.4M in Q2 2026, up 16% year over year and up 4% from the previous quarter. Subscription services, software licenses and maintenance was the largest line at 99% of revenue. Subscription services, software licenses and maintenance added $32.6M year over year (up 16%), 100% of the total change.
Gross margin was 84.8%, unchanged from Q2 2025. Operating profit was $6.1M, a 2.6% margin (up 6.8 points year over year). Operating expenses grew 7% against revenue growth of 16%. The fastest-growing cost line was Sales & marketing (+12%). Net earnings were $3.2M. The effective tax rate was 68.4%. Non-operating items added $4.2M, 41% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $58.5M (roughly flat year over year), 1807% of net earnings. Non-cash charges added back $8.3M of depreciation and amortization and $37.8M of share-based compensation. Working capital and other items added $9.2M. Capital expenditures of $5.0M left free cash flow of $53.5M.
Questions
What was Freshworks' revenue in the second quarter 2026?
Freshworks (FRSH) reported revenue of $237M for the second quarter 2026 (Q2 2026), +16% from a year earlier and +4% from the quarter before.
Was Freshworks profitable in the second quarter 2026?
Operating profit was $6.1M (2.6% of revenue) and net earnings $3.2M.
Source: Freshworks 10-Q on SEC EDGAR.