Freshworks Q4 Revenue Up 14% to $222.7M, Analysts Eye 62.6% Upside
Q4 revenue rose 14% to $222.7M with non-GAAP operating income of $41.6M, and FY2025 revenue grew 16% to $838.8M with $223.1M of free cash flow. Over 60% of analysts forecast a 62.6% upside to a $12.00 target, citing AI-driven product momentum and 2026 guidance for $952–960M revenue and $0.55–0.57 EPS.
1. Analyst Sentiment and Price Targets
On February 18, over 60% of analysts covering Freshworks rated it bullish, setting a consensus price target of $12.00. This target reflects an implied upside of 62.6% from current levels, driven by expectations of continued product adoption and profitability gains.
2. Q4 and Full-Year 2025 Results
Freshworks reported Q4 revenue of $222.7 million, up 14% year-over-year, with non-GAAP operating income of $41.6 million (18.7% margin) and GAAP EPS of $0.67 versus $(0.07). In 2025, total revenue reached $838.8 million, a 16% increase, and adjusted free cash flow was $223.1 million, representing a 26.6% margin.
3. AI-driven Product Growth and 2026 Guidance
Acquisitions including FireHydrant and enhancements in Freshservice, Freshdesk and Freddy AI supported product momentum, with Freddy AI ARR topping $25 million and key enterprise segments exceeding $40 million each. Management forecasts 2026 non-GAAP EPS of $0.55 to $0.57 on revenue of $952 to $960 million.