Freshworks stock: Q3 revenue rises 14%, outlook holds
Published on 11/05/2026 at 02:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFreshworks strengthens profit outlook
- Third-quarter GAAP net income reached USD 18.3 million after a loss in the year-earlier period.
- Adjusted free cash flow rose to USD 73.9 million, while the company reached more than USD 1 billion in annual recurring revenue after the quarter.
- Freshworks expects fourth-quarter revenue of USD 253.5 million to USD 254.5 million and full-year revenue of USD 965.0 million to USD 966.0 million.
Freshworks reported stronger profitability for the third quarter ended September 30, 2026, while maintaining double-digit revenue growth. In its November 3 results release, the company said revenue increased to USD 245.4 million and GAAP net income reached USD 18.3 million.
Profitability leads the quarter
GAAP operating income was USD 28.2 million, compared with a USD 7.5 million operating loss in the third quarter of 2025. Non-GAAP operating income rose to USD 73.2 million, producing a 29.8% operating margin versus 21.0% a year earlier. Non-GAAP diluted earnings per share came to USD 0.22, while GAAP diluted earnings per share were USD 0.07.
Cash generation also improved. Adjusted free cash flow reached USD 73.9 million, up from USD 57.2 million a year earlier, with a 30.1% margin. Freshworks said annual recurring revenue surpassed USD 1 billion after the quarter ended, ahead of its previous year-end estimate.
Guidance points to continued growth
Freshworks expects fourth-quarter revenue of USD 253.5 million to USD 254.5 million and non-GAAP operating income of USD 68.0 million to USD 70.0 million. Full-year revenue guidance is USD 965.0 million to USD 966.0 million, while full-year non-GAAP operating income guidance stands at USD 238.0 million to USD 240.0 million. Full-year non-GAAP net income per share is expected at USD 0.71.
Freshworks stock traded at EUR 11.66 on Lang & Schwarz at 23:00 CET on Wednesday, November 4, 2026. Follow the real-time quote of Freshworks stock for the latest market price.
Freshworks serves business teams
Freshworks provides an AI-powered service operations platform for employee and customer service as well as technology operations. Its products are designed to be fast to deploy and intuitive to use, with customers including Bridgestone, New Balance, S&P Global and Sony Music. The company is based in San Mateo, California.
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Freshworks company details
- Company: Freshworks Inc.
- ISIN: US3580541049
- Ticker: FRSH
- Home exchange: Nasdaq
- Lang & Schwarz price: EUR 11.66 on November 4, 2026 at 23:00 CET
- Previous close: EUR 11.73
- Third-quarter revenue: USD 245.4 million for the period ended September 30, 2026
