Filing Flows › Freshworks (FRSH) › Q3 2026
Freshworks (FRSH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Freshworks (FRSH) reported revenue of $245M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +3% from the quarter before. Operating margin was 11.5%, net earnings $18.3M (7.5% of revenue).
Freshworks, Q3 2026: revenue $245M (+14% year over year), operating margin 11.5%, net earnings $18.3M, operating cash flow $77.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $245M | +3% | +14% |
| Gross profit | $209M | +4% | +15% |
| Operating profit | $28.2M | +366% | — |
| Net earnings | $18.3M | +465% | — |
| Operating cash flow | $77.7M | +33% | +22% |
| Free cash flow | $73.9M | — | — |
What changed
Revenue was $245.4M in Q3 2026, up 14% year over year and up 3% 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 $29.7M year over year (up 14%), 98% of the total change.
Gross margin was 85.3%, up 0.7 points from Q3 2025. Operating profit was $28.2M, a 11.5% margin (up 15.0 points year over year). Operating expenses fell 4% while revenue rose 14%. Net earnings were $18.3M. The effective tax rate was 43.8%.
Operating cash flow was $77.7M (up 22% year over year), 425% of net earnings. Non-cash charges added back $8.9M of depreciation and amortization and $38.8M of share-based compensation. Working capital and other items added $11.7M. After purchases of property and equipment, net ($1.7M) and capitalized internal-use software ($2.1M), adjusted free cash flow as the company reports it was $73.9M.
Questions
What was Freshworks' revenue in the third quarter 2026?
Freshworks (FRSH) reported revenue of $245M for the third quarter 2026 (Q3 2026), +14% from a year earlier and +3% from the quarter before.
Was Freshworks profitable in the third quarter 2026?
Operating profit was $28.2M (11.5% of revenue) and net earnings $18.3M.
Source: Freshworks 10-Q on SEC EDGAR.