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Freshworks

Freshworks (FRSH) Q2 2026 Earnings

Reported Aug 4, 2026 at 4:23 PM ET · SEC Source

Q2 26 EPS

$0.17

BEAT +30.37%

Est. $0.13

Q2 26 Revenue

$237.4M

BEAT +1.62%

Est. $233.6M

vs S&P Since Q2 26

+1.8%

BEATING MARKET

FRSH +2.2% vs S&P +0.4%

Market Reaction

Did FRSH Beat Earnings? Q2 2026 Results

Freshworks delivered a strong second quarter for fiscal 2026, posting revenue of $237.38 million, up 16.0% year over year and ahead of the $233.59 million consensus estimate, while non-GAAP diluted EPS of $0.17 cleared the $0.13 consensus by 30.37%, … Read more Freshworks delivered a strong second quarter for fiscal 2026, posting revenue of $237.38 million, up 16.0% year over year and ahead of the $233.59 million consensus estimate, while non-GAAP diluted EPS of $0.17 cleared the $0.13 consensus by 30.37%, underscoring broad operational improvement. The clearest driver of the quarter's profit story was operating leverage across sales, marketing, and general and administrative expenses, which helped swing GAAP operating income to $6.06 million from a loss of $8.66 million a year ago, and pushed the non-GAAP operating margin to 23.6% from 21.9%. AI product momentum added texture to the top-line strength, with Freshworks' Freddy AI Copilot attached to over 71% of new enterprise deals and the $100K-plus ARR customer cohort expanding 25% to 1,746 customers. Net dollar retention held at 104%. Looking ahead, management raised full-year 2026 revenue guidance to $963.50 million to $966.50 million, implying roughly 15% growth, with non-GAAP EPS now expected in the range of $0.66 to $0.68.

Key Takeaways

  • • 16% year-over-year revenue growth (15% constant currency)
  • • EX ARR grew 24% year-over-year
  • • 25% year-over-year growth in $100K+ ARR customers to 1,746
  • • 18% year-over-year growth in $50K+ ARR customers to 4,091
  • • Non-GAAP operating margin expanded to 23.6% from 21.9%
  • • Freddy AI Copilot attached to over 71% of new enterprise deals
  • • 8th consecutive quarter achieving Rule of 40

FRSH Forward Guidance & Outlook

For Q3 2026, Freshworks expects revenue of $244.5–$245.5 million (~14% YoY growth, 14–15% constant currency), non-GAAP operating income of $59.0–$61.0 million, and non-GAAP diluted EPS of $0.18. For full year 2026, the company raised guidance to revenue of $963.5–$966.5 million (~15% YoY growth, 14–15% constant currency), non-GAAP operating income of $222.0–$228.0 million, and non-GAAP diluted EPS of $0.66–$0.68.

24/7 Wall St

FRSH YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

“Freshworks just delivered its seventh straight quarter beating revenue estimates, its eighth consecutive quarter hitting Rule of 40, and a milestone we said we'd hit - GAAP profitability, months ahead of plan. This isn't just a moment, this has been a pattern of execution.”

— Dennis Woodside, Q2 2026 Earnings Press Release

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