Freshworks Reports Record Third Quarter 2026 Results
Key Highlights
- ➤Revenue $245.4 million, up 14% year over year
- ➤GAAP net income reached $18.3 million
- ➤Adjusted free cash flow $73.9 million, up 29% year over year
- ➤Full-year 2026 revenue guidance set at $965.0-$966.0 million
- ➤Annual recurring revenue surpassed $1 billion ahead of year-end estimate
Expert Statements
Dennis Woodside, CEO & President of Freshworks
“Our upmarket strategy delivered another strong quarter. We delivered a 30% non-GAAP operating margin and grew adjusted free cash flow by 29%. Our momentum upmarket accelerated, with new multi-product EX deals increasing over 35% and partners participating in more than half of our new business. Customers want a unified platform and single data model for service operations, and they are increasingly choosing Freshworks.”
Beats revenue and profitability expectations * Total revenues of $245.4 million, representing 14% year-over-year growth * GAAP Net Income of $18.3 million * Record Adjusted Free Cash Flow of $73.9 million, representing 29% year-over-year growth * Achieved the 9th consecutive quarter of Rule of 40 demonstrating consistent growth and profitability SAN MATEO, Calif., Nov. 03, 2026 (GLOBE NEWSWIRE) -- Freshworks Inc. (Nasdaq: FRSH), today announced financial results for its third quarter ended September 30, 2026.
“Our upmarket strategy delivered another strong quarter,” said Dennis Woodside, CEO & President of Freshworks. “We delivered a 30% non-GAAP operating margin and grew adjusted free cash flow by 29%. Our momentum upmarket accelerated, with new multi-product EX deals increasing over 35% and partners participating in more than half of our new business. Customers want a unified platform and single data model for service operations, and they are increasingly choosing Freshworks.”
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