FRSH - Freshworks Inc. Stock Price, Fair Value and News

13.84USD+0.02 (+0.14%)Delayed as of 09 May 2024, 12:50 pm ET

Market Summary

USD13.84+0.02

Delayedas of 09 May 2024, 12:50 pm

0.14%

FRSH Alerts

1 major insider sales recently.

Big jump in Earnings (Y/Y)
Losses in recent quarter

FRSH Stock Price

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FRSH RSI Chart

FRSH Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

-34.86

Price/Sales (Trailing)

6.6

EV/EBITDA

-39.44

Price/Free Cashflow

36.47

FRSH Price/Sales (Trailing)

FRSH Profitability

Operating Margin

83.43%

EBT Margin

-16.75%

Return on Equity

-10.95%

Return on Assets

-8.05%

Free Cashflow Yield

2.74%

FRSH Fundamentals

FRSH Revenue

Revenue (TTM)

623.9M

Rev. Growth (Yr)

19.94%

Rev. Growth (Qtr)

3.14%

FRSH Earnings

Earnings (TTM)

-118.1M

Earnings Growth (Yr)

45.33%

Earnings Growth (Qtr)

16.94%

Breaking Down FRSH Revenue

52 Week Range

13.3523.80

(Low)(High)

Last 7 days

-24.3%

Last 30 days

-25.9%

Last 90 days

-35.3%

Trailing 12 Months

2.8%

How does FRSH drawdown profile look like?

FRSH Financial Health

Current Ratio

4.07

FRSH Investor Care

Shares Dilution (1Y)

2.67%

Diluted EPS (TTM)

-0.41

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	623.9M	0	0	0
2023	521.1M	544.7M	569.5M	596.4M
2022	373.3M	406.3M	438.5M	498.0M
2021	288.0M	326.2M	364.5M	402.8M
2020	0	0	211.0M	249.7M
2019	0	0	0	172.4M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Freshworks Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	padgett barry l.	acquired	-	-	780	-
May 06, 2024	padgett barry l.	sold	-10,990	14.09	-780	-
May 01, 2024	mathrubootham rathnagirish	sold (taxes)	-1,346,520	18.25	-73,782	executive chairman
May 01, 2024	sloat tyler	sold (taxes)	-454,790	18.25	-24,920	chief financial officer
May 01, 2024	mathrubootham rathnagirish	acquired	-	-	73,782	executive chairman
May 01, 2024	ramamurthy srinivasagopalan	sold (taxes)	-511,456	18.25	-28,025	chief product officer
Apr 13, 2024	sloat tyler	sold (taxes)	-426,622	17.96	-23,754	chief financial officer
Apr 13, 2024	sloat tyler	acquired	-	-	23,754	chief financial officer
Apr 10, 2024	austin roxanne s	acquired	-	-	12,601	-
Apr 10, 2024	taylor jennifer h	sold	-127,193	18.08	-7,035	-

Which funds bought or sold FRSH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-14.2	-957,000	1,902,000	-%
May 07, 2024	Lisanti Capital Growth, LLC	sold off	-100	-6,977,940	-	-%
May 07, 2024	Washington Trust Advisors, Inc.	added	58.06	2,069	11,254	-%
May 07, 2024	QRG CAPITAL MANAGEMENT, INC.	new	-	205,136	205,136	-%
May 07, 2024	ClariVest Asset Management LLC	added	0.11	-320,901	1,112,010	0.12%
May 07, 2024	Arizona State Retirement System	added	5.52	-180,092	809,307	0.01%
May 07, 2024	OPPENHEIMER & CO INC	new	-	444,324	444,324	0.01%
May 07, 2024	Swiss National Bank	added	7.58	-1,157,910	5,816,270	-%
May 07, 2024	SEI INVESTMENTS CO	reduced	-79.29	-3,127,180	598,017	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-77.69	-1,023,670	214,040	-%

Are Funds Buying or Selling FRSH?

Are funds buying FRSH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FRSH

No. of Funds

Unveiling Freshworks Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	mathrubootham rathnagirish	6.0%	13,370,975	SC 13G/A
Feb 13, 2024	vanguard group inc	9.80%	19,816,514	SC 13G/A
Feb 12, 2024	accel leaders fund l.p.	1.7%	3,493,640	SC 13G/A
Jan 26, 2024	blackrock inc.	6.7%	13,445,911	SC 13G
Nov 07, 2023	sc us (ttgp), ltd.	9.7%	21,482,653	SC 13D/A
Jul 27, 2023	sequoia capital india v ltd.	6.7%	12,033,920	SC 13D/A
Jul 25, 2023	sc us (ttgp), ltd.	11.5%	21,482,653	SC 13D/A
Feb 21, 2023	mathrubootham rathnagirish	9.3%	16,461,393	SC 13G/A
Feb 15, 2023	accel leaders fund l.p.	2.1%	3,493,640	SC 13G/A
Feb 15, 2023	westbridge crossover fund, llc	10.2%	16,512,210	SC 13G/A

Recent SEC filings of Freshworks Inc.

View All Filings

Date Filed	Form Type	Document
May 08, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 01, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report

Peers (Alternatives to Freshworks Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	270.6B	34.9B	-7.55%	38.66%	65.42	7.76	11.18%	1888.46%
UBER	138.8B	38.6B	-11.48%	73.92%	99.85	3.6	14.01%	141.26%
ADSK	45.8B	5.3B	-12.99%	11.01%	49.91	8.56	9.15%	48.14%
ANSS	28.6B	2.2B	-4.93%	11.41%	65.72	12.82	3.59%	-21.47%
ZM	18.4B	4.5B	-2.81%	-3.65%	28.89	4.07	3.06%	514.65%
MID-CAP
APPF	8.8B	671.8M	4.95%	74.44%	115.57	13.16	33.64%	185.98%
LYFT	6.9B	4.4B	-0.28%	106.26%	-20.13	1.56	7.53%	78.52%
ALRM	3.4B	881.7M	-1.59%	44.62%	42.65	3.89	4.64%	44.42%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	2.9B	296.4M	-2.16%	22.89%	-10.83	9.93	11.14%	-3.59%
AGYS	2.2B	228.1M	-3.45%	3.25%	25.25	9.66	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
AEYE	217.4M	31.6M	98.83%	174.78%	-37.03	6.87	2.76%	43.72%
APPS	217.3M	572.4M	-0.93%	-81.81%	-1.1	0.38	-19.38%	-489.49%
ASUR	186.9M	117.7M	-6.70%	-50.24%	-18.95	1.59	12.54%	11.24%

Freshworks Inc. News

Latest updates

Freshworks Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Revenue	3.1%	165,143,000	160,111,000	153,550,000	145,079,000	137,692,000	133,170,000	128,760,000	121,432,000	114,637,000	73,663,000	96,614,000	88,341,000	144,221,000	105,204,000	66,187,000	-
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	20,398,000	22,236,000	-	-	-	13,163,000	-
Gross Profit	4.6%	139,253,000	133,102,000	127,287,000	120,218,000	112,456,000	108,014,000	104,581,000	97,390,000	92,242,000	85,082,000	74,378,000	69,638,000	63,894,000	-	53,024,000	-
Operating Expenses	-1.0%	171,420,000	173,143,000	166,022,000	163,507,000	160,563,000	168,622,000	162,869,000	164,742,000	139,366,000	141,457,000	214,631,000	76,077,000	65,609,000	-	52,971,000	-
S&GA Expenses	2.5%	94,642,000	92,323,000	90,673,000	87,975,000	86,810,000	94,838,000	86,865,000	90,038,000	71,466,000	72,190,000	96,785,000	48,862,000	42,508,000	-	34,164,000	-
R&D Expenses	-3.2%	34,684,000	35,834,000	34,885,000	34,180,000	32,857,000	34,658,000	35,871,000	34,297,000	30,717,000	29,030,000	57,087,000	18,895,000	15,395,000	-	13,249,000	-
EBITDA Margin	20.8%	-0.15	-0.19	-0.24	-0.30	-0.39	-0.42	-0.49	-0.68	-0.57	-0.42	-0.12	-0.13	-0.15	-0.17	-0.10	-0.12
Income Taxes	45.5%	4,000,000	2,749,000	3,300,000	3,600,000	4,036,000	4,821,500	1,804,000	2,200,000	2,537,000	18,233,500	-9,915,000	1,100,000	1,100,000	-	-95,000	-
Earnings Before Taxes	23.5%	-19,372,000	-25,326,000	-27,742,000	-32,073,000	-38,628,000	-50,635,000	-56,039,000	-67,594,000	-46,522,000	-56,500,000	-117,330,000	-6,307,000	-1,342,000	-	1,292,000	-
EBT Margin	19.3%	-0.17	-0.21	-0.26	-0.33	-0.41	-0.44	-0.52	-0.71	-0.61	-0.45	-0.15	-0.16	-0.19	-0.21	-0.13	-0.16
Net Income	16.9%	-23,325,000	-28,081,000	-31,033,000	-35,658,000	-42,664,000	-55,477,000	-57,843,000	-69,753,000	-49,059,000	-74,736,000	-107,415,000	-7,429,000	-2,415,000	-	1,387,000	-
Net Income Margin	17.9%	-0.19	-0.23	-0.29	-0.35	-0.43	-0.47	-0.57	-0.74	-0.64	-0.48	-0.16	-0.18	-0.20	-0.23	-0.15	-0.18
Free Cashflow	33.9%	39,880,000	29,787,000	23,635,000	19,566,000	11,121,000	5,326,000	-6,130,000	-8,808,000	-42,000	3,335,000	-3,316,000	86,000	5,790,000	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet												(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Assets	0.7%	1,467	1,457	1,418	1,400	1,391	1,380	1,363	1,378	1,391	1,483	1,488	367
Current Assets	0.9%	1,367	1,356	1,320	1,303	1,291	1,277	1,269	1,285	1,300	1,421	1,422	312
Cash Equivalents	-4.1%	468	488	458	356	344	304	432	590	603	748	1,180	98.00
Net PPE	-1.9%	22.00	23.00	23.00	23.00	24.00	24.00	23.00	23.00	21.00	21.00	21.00	21.00
Goodwill	0%	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00
Liabilities	1.2%	389	385	360	343	340	328	303	299	279	245	220	169
Current Liabilities	2.8%	336	327	306	292	285	272	252	248	232	223	201	152
Shareholder's Equity	0.5%	1,078	1,072	1,058	1,058	1,050	1,052	1,060	1,080	1,111	1,238	1,268	-
Retained Earnings	-0.6%	-3,663	-3,640	-3,612	-3,581	-3,545	-3,503	-3,447	-3,389	-3,320	-3,270	-3,196	-2,697
Additional Paid-In Capital	0.6%	4,743	4,714	4,676	4,645	4,601	4,562	4,516	4,476	4,436	4,510	4,464	-
Shares Outstanding	1.6%	298	293	294	291	290	285	283	281	278	131	96.00	77.00
Float	-	-	-	-	2,910	-	-	-	1,520	-	4,300	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Cashflow From Operations	31.6%	40,619	30,866	23,913	19,895	11,504	7,167	-4,223	-6,824	1,355	4,844	-2,046	885	7,777	-	-	-
Share Based Compensation	3.6%	52,442	50,640	55,125	54,248	50,694	57,044	53,892	50,135	46,625	49,184	124,259	-	-	-	-	-
Cashflow From Investing	-409.1%	-37,771	12,219	102,144	2,800	41,336	-123,753	-140,210	4,782	-25,646	-432,291	10,682	-14,437	15,750	-	-	-
Cashflow From Financing	-73.8%	-22,954	-13,210	-24,029	-10,952	-12,428	-11,638	-13,365	-11,322	-120,029	-4,650	1,065,393	-2,367	-7.00	-	-	-

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FRSH Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenue	$ 165,143	$ 137,692
Cost of revenue	25,890	25,236
Gross profit	139,253	112,456
Operating expense:
Research and development	34,684	32,857
Sales and marketing	94,642	86,810
General and administrative	42,094	40,896
Total operating expenses	171,420	160,563
Loss from operations	(32,167)	(48,107)
Interest and other income, net	12,795	9,479
Loss before income taxes	(19,372)	(38,628)
Provision for income taxes	3,953	4,036
Net loss	$ (23,325)	$ (42,664)
Net loss per share - basic (in dollars per share)	$ (0.08)	$ (0.15)
Net loss per share - diluted (in dollars per share)	$ (0.08)	$ (0.15)
Weighted-average shares used in computing net loss per share - basic (in shares)	297,870	290,133
Weighted-average shares used in computing net loss per share - diluted (in shares)	297,870	290,133

FRSH Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 468,017	$ 488,121
Marketable securities	739,309	699,506
Accounts receivable, net of allowance of $7,546 and $8,562	84,324	97,179
Deferred contract acquisition costs	23,297	22,908
Prepaid expenses and other current assets	52,162	47,832
Total current assets	1,367,109	1,355,546
Property and equipment, net	22,307	22,747
Operating lease right-of-use assets	30,500	32,749
Deferred contract acquisition costs, noncurrent	19,795	19,764
Goodwill	6,181	6,181
Deferred tax assets	9,508	10,013
Other assets	12,046	9,772
Total assets	1,467,446	1,456,772
Current liabilities:
Accounts payable	1,517	3,485
Accrued liabilities	58,164	56,608
Deferred revenue	275,907	266,399
Income tax payable	716	722
Total current liabilities	336,304	327,214
Operating lease liabilities, non-current	24,595	26,795
Other liabilities	28,416	30,501
Total liabilities	389,315	384,510
Commitments and contingencies (Note 7)
Stockholders' equity:
Preferred stock, value	0	0
Additional paid-in capital	4,743,236	4,713,522
Accumulated other comprehensive loss	(1,274)	(754)
Accumulated deficit	(3,663,834)	(3,640,509)
Total stockholders' equity	1,078,131	1,072,262
Total liabilities and stockholders' equity	1,467,446	1,456,772
Class A Common Stock
Stockholders' equity:
Common stock, value	2	2
Class B Common Stock
Stockholders' equity:
Common stock, value	$ 1	$ 1

About Freshworks Inc.

Freshworks Inc., a software development company, provides modern software-as-a-service products worldwide. It offers Freshdesk Support Desk that enables businesses to delight their customers at every service engagement touchpoint across traditional channels, including email, and modern channels, such as messaging and social media; Freshdesk Contact Center that offers agents with cloud-based telephony system to connect with customers that supports complex call-flows, number and call management, IVR, and routing needs, as well as live dashboard and reports; and Freshdesk Customer Success, which helps customer success managers at business to business (B2B) subscription companies. The company also provides Freshchat, which provides agents with a modern conversational user interface to engage with their customers across web, mobile, and social messaging applications; Freshsales that offers a multi-tiered approach to automating sales workflow and processes, as well as configure-price-quote functionality to quickly create quotes and AI-driven pipeline management; and Freshsales Suite, which delivers a single unified sales and marketing solution that allows businesses to engage and track customers across their buying journey. In addition, the company offers Freshservice, an intuitive service management solution; Freshping, a solution to monitor website's availability and get multichannel alerts; Freshstatus that allows businesses to create a custom branded website status page for internal or external viewing to communicate website uptime and availability; and Freshsurvey, a tool to measure NPS and other satisfaction metrics. The company was formerly known as Freshdesk Inc. and changed its name to Freshworks Inc. in June 2017. Freshworks Inc. was incorporated in 2010 and is headquartered in San Mateo, California.

CEO	Mr. Rathna Girish Mathrubootham
WEBSITE	freshworks.com
INDUSTRY	Software - Apps
EMPLOYEES	5400

Freshworks Inc. Frequently Asked Questions

What is the ticker symbol for Freshworks Inc.? What does FRSH stand for in stocks?

FRSH is the stock ticker symbol of Freshworks Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Freshworks Inc. (FRSH)?

As of Wed May 08 2024, market cap of Freshworks Inc. is 4.12 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FRSH stock?

You can check FRSH's fair value in chart for subscribers.

What is the fair value of FRSH stock?

You can check FRSH's fair value in chart for subscribers. The fair value of Freshworks Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Freshworks Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FRSH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Freshworks Inc. a good stock to buy?

The fair value guage provides a quick view whether FRSH is over valued or under valued. Whether Freshworks Inc. is cheap or expensive depends on the assumptions which impact Freshworks Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FRSH.

What is Freshworks Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, FRSH's PE ratio (Price to Earnings) is -34.86 and Price to Sales (PS) ratio is 6.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FRSH PE ratio will change depending on the future growth rate expectations of investors.