Filing Flows › Freshworks (FRSH) › Q4 2025
Freshworks (FRSH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Freshworks (FRSH) reported revenue of $223M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and +4% from the quarter before. Operating margin was 17.8%, net earnings $191M (86.0% of revenue).
Freshworks, Q4 2025: revenue $223M (+14% year over year), operating margin 17.8%, net earnings $191M, operating cash flow $62.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $223M | +4% | +14% |
| Gross profit | $191M | +5% | +15% |
| Operating profit | $39.7M | — | — |
| Net earnings | $191M | — | — |
| Operating cash flow | $62.3M | -2% | +51% |
| Free cash flow | $56.2M | — | — |
What changed
Revenue was $222.7M in Q4 2025, up 14% year over year and up 4% from the previous quarter. Subscription services, software licenses and maintenance was the largest line at 99% of revenue.
Gross margin was 85.6%, up 0.7 points from a year earlier. Operating profit was $39.7M, a 17.8% margin (up 30.1 points year over year). Operating expenses fell 20% while revenue rose 14%. The fastest-growing cost line was Sales & marketing (+21%). Net earnings were $191.4M. The tax line was a benefit of $144.6M on pre-tax earnings of $46.9M.
Operating cash flow was $62.3M (up 51% year over year), 33% of net earnings. Non-cash charges added back $6.6M of depreciation and amortization. Working capital and other items used $135.7M. After capitalized internal-use software ($3.9M) and purchases of property and equipment ($2.2M), adjusted free cash flow as the company reports it was $56.2M.
Questions
What was Freshworks' revenue in the fourth quarter 2025?
Freshworks (FRSH) reported revenue of $223M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and +4% from the quarter before.
Was Freshworks profitable in the fourth quarter 2025?
Operating profit was $39.7M (17.8% of revenue) and net earnings $191M.
Source: Freshworks 10-K on SEC EDGAR.