Freshworks
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Freshworks's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $596,432,000. The net income raised on -$137,436,000 and profit margin reached -23%. Total operating expenses were $663,235,000.
Profit Margin
| 2014 | 97.39M | 1.24M | 1.28% |
|---|---|---|---|
| 2015 | 120.20M | 4.91M | 4.09% |
| 2018 | 118.66M | -7K | -0.01% |
| 2018 | 126.42M | 4.32M | 3.42% |
| 2019 | 172.37M | -31.12M | -18.06% |
| 2020 | 249.65M | -57.29M | -22.95% |
| 2021 | 371.02M | -191.99M | -51.75% |
| 2022 | 497.99M | -232.13M | -46.61% |
| 2023 | 596.43M | -137.43M | -23.04% |
FRSH Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue | 596.43M | 497.99M | 371.02M | 249.65M | 172.37M | 126.42M | 118.66M | 120.20M | 97.39M |
Cost of revenue | 103.36M | 95.77M | 78.03M | 52.49M | 36.46M | 20.41M | 25.95M | 26.60M | 19.68M |
Gross profit | 493.06M | 402.22M | 292.99M | 197.16M | 135.91M | 106.01M | 92.70M | 93.60M | 77.71M |
Operating exp. | |||||||||
Research and development | 137.75M | 135.54M | 120.40M | 69.21M | 38.55M | 0 | 0 | 0 | 0 |
Selling and marketing | 357.78M | 343.20M | 260.34M | 133.27M | 111.11M | 0 | 0 | 0 | 0 |
Total operating expenses | 663.23M | 635.59M | 497.77M | 253.27M | 165.58M | 65.96M | 37.01M | 31.57M | 34.30M |
Operating income | -170.17M | -233.37M | -204.78M | -56.11M | -29.67M | 11.26M | -14.26M | 15.63M | 15.30M |
Other income (expenses), net | 46.40M | 12.58M | 23.30M | 2.83M | 2.18M | -5.46M | -5.28M | -9.15M | -12.82M |
Income before tax | -123.76M | -220.79M | -181.47M | -53.27M | -27.49M | 5.80M | -19.55M | 6.47M | 2.48M |
Income tax expense | 13.66M | 11.34M | 10.51M | 4.01M | 3.63M | 1.48M | -19.54M | 2.06M | 1.23M |
Net income | -137.43M | -232.13M | -191.99M | -57.29M | -31.12M | 4.32M | -7K | 4.91M | 1.24M |
Earnings per share | |||||||||
Basic EPS | -0.47 | -0.82 | -1.47 | -0.23 | -0.12 | 0.25 | -0.00 | 0.29 | 0.1 |
Diluted EPS | -0.47 | -0.82 | -1.47 | -0.23 | -0.12 | 0.25 | -0.00 | 0.29 | 0.1 |
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