Srinivasagopalan Ramamurthy
On August 12, 2024, Srinivasagopalan Ramamurthy, Chief Product Officer of Freshworks Inc. (“Freshworks”), notified Freshworks of his resignation to pursue another professional opportunity.
Highest-materiality recent filing
Revenue $228.6M (+16% YoY, 14% CC); GAAP op loss $(8.1)M; non-GAAP op income $41.0M (17.9% margin).
Freshworks board authorizes $400M share repurchase program
Board approved up to $400M repurchase of Class A common stock; timing and amount discretionary.
Freshworks Q4 revenue $222.7M (+14% YoY); GAAP operating income $39.7M vs loss
Q4 revenue $222.7M (+14% YoY); GAAP operating income $39.7M vs loss $23.8M prior year
Freshworks Q3 revenue $215M (+15% YoY), non-GAAP EPS $0.16, operating margin 21%
Revenue $215.1M, up 15% YoY; constant-currency growth also 15%.
Freshworks co-founder Mathrubootham to retire as Executive Chairman; Austin to become Chair
Rathna Girish Mathrubootham to retire as Executive Chairman and Board member effective Dec 1, 2025, to focus on Together Fund.
Freshworks Q2 revenue $204.7M (+18% YoY), non-GAAP EPS $0.18 beats guidance
Revenue $204.7M (+18% YoY, +17% constant currency); non-GAAP operating income $44.8M vs $13.1M.
Freshworks Q1 revenue $196.3M (+19% YoY); non-GAAP EPS $0.18 vs $0.10
Revenue $196.3M, up 19% YoY; beat prior guidance; constant-currency growth 19%.
Freshworks Q4 revenue $194.6M (+22% YoY) beats guidance; non-GAAP EPS $0.14 vs $0.08
Q4 revenue of $194.6M (+22% YoY) and full year $720.4M (+21% YoY); Q4 beat guided range.
Freshworks Q3 revenue up 22% to $186.6M, cuts 13% workforce, approves $400M buyback
Revenue $186.6M (+22% YoY); Non-GAAP diluted EPS $0.11 vs $0.08.
Freshworks CPO Srinivasagopalan Ramamurthy resigns, effective Oct 1
Chief Product Officer Ramamurthy resigned to pursue another professional opportunity.
Freshworks Q2 revenue $174.1M (+20% YoY); non-GAAP EPS $0.08, up from $0.07
Revenue $174.1M, up 20% YoY (20% constant currency); GAAP operating loss $43.8M.
Freshworks acquires Device42 for $230M; $215M cash plus $15M equity rollover
Device42 acquired for $230M on cash-free, debt-free basis; $215M cash and $15M equity rollover by founder Raj Jalan.
Freshworks Q1 revenue $165M (+20% YoY); non-GAAP EPS $0.10, free cash flow $38.7M
Revenue $165.1M, up 20% YoY (19% constant currency).
Freshworks founder Mathrubootham steps down as CEO; Woodside appointed CEO
Dennis Woodside, previously President, becomes CEO & President effective May 1, 2024.
Freshworks cancels CEO's 6M-share PRSU award, grants $19M replacement equity
Board approved cancellation of CEO Mathrubootham's 2021 PRSU award (6M shares, stock price hurdles) effective March 1, 2024 due to macro conditions making hurdles unattainable.
Freshworks Q4 revenue $160.1M, up 20% YoY; non-GAAP EPS $0.08 vs $0.01
Q4 revenue $160.1M (+20% YoY); GAAP operating loss improved to $(40.0)M from $(60.6)M.
On August 12, 2024, Srinivasagopalan Ramamurthy, Chief Product Officer of Freshworks Inc. (“Freshworks”), notified Freshworks of his resignation to pursue another professional opportunity.
On July 31, 2024, Philippa Lawrence was hired as the Chief Accounting Officer and appointed as principal accounting officer of Freshworks Inc.
Additionally, due to the expansion of his responsibilities, the Board appointed Mr. Sloat the additional role as the Company’s Chief Operating Officer, effective as of August 5, 2024.
Mr. Rathna Girish Mathrubootham has transitioned from his position as Chief Executive Officer of the Company to the role of Executive Chairman of the Company
Mr. Dennis Woodside, the Company’s President, has also been appointed Chief Executive Officer of the Company
Max materiality 0.85 · Median 0.62 · Most common event earnings