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)
Particulars | Q42024 | YoY Rise/Fall in CC* term | 2024 | YoY Rise/Fall |
Revenue | US$194.6 million | 21% ↑ | US$720.4 million | 21%↑ |
Profit/Loss | ($21.9 million) or $21.9 million loss | Loss narrows ($28 million loss in Q42023) | ($95.36 million) | Loss narrows ($137.4 million in Q4 of 2023) |
Income from Operations | $40.3 million | 250% ↑ | $99.14 million | 122%↑ |
Operating margin (Non GAAP) | 20.7% | 7.2% in Q42023 | 13.8% | 7.5% in Q42023 |
Revenue Forecast
Particulars | Q12025 | YoY Rise in CC | 2025 | YoY Rise in CC |
Revenue | $190-193 million | 16-18% ↑ | $809-$821 million | 13-15% ↑ |
*CC: Constant Currency
