Freshworks Q2 revenue beats estimates, posts first GAAP profit
FRSH•Outlook
- Freshworks sees Q3 revenue between $244.5 mln and $245.5 mln
- Company expects full-year 2026 revenue of $963.5 mln to $966.5 mln
- Freshworks forecasts Q3 non-GAAP net income per share of $0.18
Overview
- SaaS platform's Q2 revenue rose 16% yr/yr, beating analyst expectations
- Company posted first GAAP profitable quarter, with net income of $3.2 mln
- Non-GAAP net income per share was $0.17, down from $0.18 a year ago
Result drivers
- AI ADOPTION - Co said increased adoption of Freddy AI Copilot drove enterprise deal growth
- LARGE CUSTOMER GROWTH - Number of customers contributing more than $100,000 in ARR rose 25% yr/yr
- MID-MARKET PLATFORM - Co said its platform for mid-market and agile enterprise customers is a key differentiator
Key details and analyst coverage
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Revenue | Beat | $237.38 mln | $233.62 mln (15 Analysts) |
| Q2 Net Income |
