earnings
confidence high
sentiment positive
materiality 0.85
Freshworks Q2 revenue $237.4M (+16% YoY), first GAAP profitable quarter, raises FY guidance
Freshworks Inc.
- Revenue $237.4M (+16% YoY); GAAP net income $3.2M ($0.01 diluted EPS) – first GAAP profitable quarter.
- Non-GAAP operating margin 23.6% (up from 21.9% YoY); non-GAAP EPS $0.17; operating cash flow $58.5M.
- EX ARR grew 24% YoY; Freddy AI Copilot attached to >71% of new enterprise deals.
- Restructuring charges $7.0M in Q2; plan substantially complete; raised full year estimates.