Freshworks (FRSH) Revenue & Revenue Breakdown
Freshworks Revenue Highlights
Latest Revenue (Y)
$596.43M
Latest Revenue (Q)
$174.13M
Main Segment (Y)
Subscription Services
Main Geography (Y)
North America
Freshworks Revenue by Period
Freshworks Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $596.43M | 19.77% |
| 2022-12-31 | $498.00M | 34.22% |
| 2021-12-31 | $371.02M | 48.61% |
| 2020-12-31 | $249.66M | 44.83% |
| 2019-12-31 | $172.38M | 36.34% |
| 2018-12-31 | $126.43M | 6.55% |
| 2018-01-01 | $118.66M | -6.48% |
| 2017-01-02 | $126.88M | 5.55% |
| 2015-12-28 | $120.21M | 23.42% |
| 2014-12-29 | $97.40M | - |
Freshworks generated $596.43M in revenue during NA 2023, up 19.77% compared to the previous quarter, and up 471.75% compared to the same period a year ago.
Freshworks Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $174.13M | 5.44% |
| 2024-03-31 | $165.14M | 3.14% |
| 2023-12-31 | $160.11M | 4.27% |
| 2023-09-30 | $153.55M | 5.84% |
| 2023-06-30 | $145.08M | 5.36% |
| 2023-03-31 | $137.69M | 3.40% |
| 2022-12-31 | $133.17M | 3.42% |
| 2022-09-30 | $128.76M | 6.03% |
| 2022-06-30 | $121.43M | 5.93% |
| 2022-03-31 | $114.64M | 8.68% |
| 2021-12-31 | $105.48M | 9.18% |
| 2021-09-30 | $96.61M | 9.36% |
| 2021-06-30 | $88.34M | 9.62% |
| 2021-03-31 | $80.59M | 10.39% |
| 2020-12-31 | $73.00M | 10.30% |
| 2020-09-30 | $66.19M | 128.45% |
| 2019-04-01 | $28.97M | -9.56% |
| 2018-12-31 | $32.03M | 11.11% |
| 2018-10-01 | $28.83M | -6.37% |
| 2018-07-02 | $30.79M | -11.44% |
| 2018-04-02 | $34.77M | 13.11% |
| 2018-01-01 | $30.74M | 14.60% |
| 2017-10-02 | $26.82M | -7.83% |
| 2017-07-03 | $29.10M | -9.04% |
| 2017-04-03 | $31.99M | -9.84% |
| 2017-01-02 | $35.49M | 24.43% |
| 2016-09-26 | $28.52M | -4.60% |
| 2016-06-27 | $29.89M | -9.37% |
| 2016-03-28 | $32.98M | -2.38% |
| 2015-12-28 | $33.79M | 20.11% |
| 2015-09-28 | $28.13M | -3.40% |
| 2015-06-29 | $29.12M | -0.16% |
| 2015-03-30 | $29.17M | 3.19% |
| 2014-12-29 | $28.27M | 27.51% |
| 2014-09-29 | $22.17M | 1.48% |
| 2014-06-30 | $21.85M | - |
Freshworks generated $174.13M in revenue during Q2 2024, up 5.44% compared to the previous quarter, and up 126.46% compared to the same period a year ago.
Freshworks Revenue Breakdown
Freshworks Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Subscription Services | $582.87M | $485.32M | $360.51M |
| Professional Services | $13.56M | $12.68M | $10.52M |
Freshworks's latest annual revenue breakdown by segment (product or service), as of Dec 23: Subscription Services (97.73%), and Professional Services (2.27%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Professional Services | $2.53M | $2.57M | $3.00M | $3.52M | $3.38M | $3.67M | $3.15M | $3.25M | $3.04M | $3.24M | $2.80M | $2.30M |
| Subscription Services | - | $162.57M | $157.11M | $150.03M | $141.70M | $134.02M | $130.02M | $125.51M | $118.39M | $111.40M | $102.68M | $94.31M |
Freshworks's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Professional Services (100.00%).
Freshworks Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Other | $17.01M | $13.04M | $8.32M |
| Asia Pacific | $83.11M | $74.95M | $49.93M |
| EMEA | $229.98M | $193.90M | $152.54M |
| North America | $266.33M | $216.11M | $160.22M |
Freshworks's latest annual revenue breakdown by geography, as of Dec 23: North America (44.65%), EMEA (38.56%), Asia Pacific (13.93%), and Other (2.85%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asia Pacific | $22.78M | $22.06M | $21.61M | $21.11M | $20.36M | $20.02M | $19.93M | $19.30M | $18.24M | $17.48M | $14.55M | $12.96M |
| EMEA | $67.27M | $64.11M | $61.65M | $59.13M | $56.34M | $52.87M | $50.73M | $49.79M | $47.88M | $45.51M | $41.85M | $39.57M |
| Other | $5.18M | $4.94M | $4.67M | $4.46M | $4.14M | $3.73M | $3.57M | $3.39M | $3.20M | $2.88M | $2.53M | $2.13M |
| North America | $78.91M | $74.03M | $72.17M | $68.85M | $64.24M | $61.07M | $58.93M | $56.29M | $52.12M | $48.77M | $46.56M | $41.96M |
Freshworks's latest quarterly revenue breakdown by geography, as of Jun 24: North America (45.31%), EMEA (38.63%), Asia Pacific (13.08%), and Other (2.97%).
Freshworks Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TEAM | Atlassian | $4.36B | $1.19B |
| GBTG | Global Business Travel Group | $2.29B | $625.00M |
| DDOG | Datadog | $2.13B | $645.28M |
| BILL | Bill.com | $1.29B | $323.03M |
| CXM | Sprinklr | $732.36M | $197.21M |
| MNDY | monday | $729.70M | $216.91M |
| ASAN | Asana | $652.50M | $179.21M |
| FRSH | Freshworks | $596.43M | $174.13M |
| VERX | Vertex | $572.39M | $156.78M |
| BRZE | Braze | $471.80M | $145.50M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| SPT | Sprout Social | $333.64M | $99.40M |
| ALKT | Alkami | $264.83M | $85.91M |
| VTEX | VTEX | $201.52M | $52.65M |
| ENFN | Enfusion | $174.53M | $49.45M |
| ONTF | ON24 | $163.71M | $37.35M |
| EXFY | Expensify | $150.69M | $33.29M |
| LAW | CS Disco | $138.09M | $36.01M |
FRSH Revenue FAQ
What is Freshworks’s yearly revenue?
Freshworks's yearly revenue for 2023 was $596.43M, representing an increase of 19.77% compared to 2022. The company's yearly revenue for 2022 was $498M, representing an increase of 34.22% compared to 2021. FRSH's yearly revenue for 2021 was $371.02M, representing an increase of 48.61% compared to 2020.
What is Freshworks’s quarterly revenue?
Freshworks's quarterly revenue for Q2 2024 was $174.13M, a 5.44% increase from the previous quarter (Q1 2024), and a 20.02% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $165.14M, a 3.14% increase from the previous quarter (Q4 2023), and a 19.94% increase year-over-year (Q1 2023). FRSH's quarterly revenue for Q4 2023 was $160.11M, a 4.27% increase from the previous quarter (Q3 2023), and a 20.23% increase year-over-year (Q4 2022).
What is Freshworks’s revenue growth rate?
Freshworks's revenue growth rate for the last 3 years (2021-2023) was 60.75%, and for the last 5 years (2019-2023) was 246.00%.
What are Freshworks’s revenue streams?
Freshworks's revenue streams in c 23 are Subscription Services, and Professional Services. Subscription Services generated $582.87M in revenue, accounting 97.73% of the company's total revenue, up 20.10% year-over-year. Professional Services generated $13.56M in revenue, accounting 2.27% of the company's total revenue, up 7.00% year-over-year.
What is Freshworks’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Freshworks was Subscription Services. This segment made a revenue of $582.87M, representing 97.73% of the company's total revenue.