Quarterly ResultAug 4, 2026, 04:14 PM
Freshworks Beats Q2 Estimates, Achieves GAAP Profitability
AI Summary
Freshworks Inc. announced strong financial results for its second quarter ended June 30, 2026, beating revenue and profitability expectations. The company reported total revenues of $237.4 million, a 16% year-over-year increase, and achieved GAAP net income of $3.2 million, marking its first quarter of GAAP profitability in 2026, ahead of schedule. Freshworks also raised its full-year 2026 estimates, demonstrating consistent growth and profitability with its eighth consecutive quarter of Rule of 40.
Key Highlights
- Total revenues reached $237.4 million, an increase of 16% year-over-year.
- GAAP Net Income was $3.2 million, marking the first quarter of GAAP profitability in 2026.
- GAAP diluted net income per share was $0.01.
- Non-GAAP diluted net income per share was $0.17.
- Net cash provided by operating activities was $58.5 million.
- Adjusted free cash flow was $57.7 million.
- Customers contributing over $100,000 in ARR increased 25% year-over-year to 1,746.
- Full-year 2026 revenue guidance raised to $963.5 - $966.5 million.
Price Impact
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