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Data Story: Freshworks’ Q42024 Results

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Freshworks cuts 660 jobs in global restructuring effort
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DBT Bureau

Bengaluur, 12 Ferbuary 2025

Freshworks posted sound set of fourth quarter performance with improvement in revenue and narrowing of losses. Its operating margin also increased during October-December period of 2024.

Here is a snapshot:

Freshworks Q42024 (October-December)

ParticularsQ42024YoY Rise/Fall in CC* term2024YoY Rise/Fall
RevenueUS$194.6 million21% ↑US$720.4 million21%↑
Profit/Loss($21.9 million) or $21.9 million lossLoss narrows ($28 million loss in Q42023)($95.36 million)Loss narrows ($137.4 million in Q4 of 2023)
Income from Operations$40.3 million250% ↑$99.14 million122%↑
Operating margin (Non GAAP)20.7%7.2% in Q4202313.8%7.5% in Q42023

Revenue Forecast

ParticularsQ12025YoY Rise in CC2025YoY Rise in CC
Revenue$190-193 million16-18% ↑$809-$821 million13-15% ↑

*CC: Constant Currency

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