NASDAQ$FRSH
Freshworks Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Freshworks' Q1 2022 earnings showcased strong revenue growth and business efficiency.
Freshworks reported a strong start to the year with Q1 revenue growth of 42% year-over-year. The company launched Freshworks CRM for e-commerce, increased net dollar retention to 115%, and maintained business efficiency with $1.4 million in net cash from operating activities.
- Total revenue was $114.6 million, representing 42% growth year-over-year.
- Net dollar retention rate increased to 115%, up 1 percentage point quarter-over-quarter.
- Net cash provided by operating activities was $1.4 million.
- The number of customers contributing more than $5,000 in ARR increased by 27% year-over-year to 15,639.
Headline financials
Revenue & EPS history
Freshworks · Revenue · Quarterly
$115M
Forward guidance
Freshworks provided estimates for the second quarter and full year 2022 based on current market conditions and expectations.
Tailwinds
- Second Quarter 2022 Total revenue of $117.0 million - $119.0 million
- Second Quarter 2022 Non-GAAP loss from operations of $18.5 million - $16.5 million
- Second Quarter 2022 Non-GAAP net loss per share of $0.08 - $0.06
- Full Year 2022 Total revenue of $495.5 million - $501.5 million
- Full Year 2022 Non-GAAP loss from operations of $43.5 million - $37.5 million
Headwinds
- Second Quarter 2022 Non-GAAP loss from operations of $18.5 million - $16.5 million
- Second Quarter 2022 Non-GAAP net loss per share of $0.08 - $0.06
- Full Year 2022 Non-GAAP loss from operations of $43.5 million - $37.5 million
- Full Year 2022 Non-GAAP net loss per share of $0.18 - $0.16
- These estimates are subject to various important cautionary factors referenced in the section entitled “Forward-Looking Statements”
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-1.6%
Avg return
Earnings day
-2.6%
Avg return
5 days after
-4.6%
Avg return
30 days after
35%
8 / 23 earnings
Positive
+35.2%
Q3 2024
Best reaction
-21.6%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| Q1 2026 | -0.5% | -6.4% | +2.9% | |
| Q4 2025 | -16.4% | -17.1% | -6.9% | |
| Q3 2025 | -2.1% | +5.2% | +16.1% | |
| Q1 2025 | +3.0% | +1.1% | +6.5% | |
| Q4 2024 | -0.3% | -4.5% | -16.7% | |
| Q3 2024 | +35.2% | +32.7% | +33.5% | |
| Q2 2024 | -6.1% | -12.3% | -11.9% | |
| Q1 2024 | -17.8% | -20.8% | -27.8% | |
| Q4 2023 | -2.4% | +0.2% | -14.4% | |
| Q3 2023 | -0.4% | +7.8% | +13.6% | |
| Q2 2023 | +15.8% | +12.1% | +17.2% | |
| Q1 2023 | -2.9% | -1.1% | +16.6% | |
| Q4 2022 | +4.1% | -2.8% | -10.1% | |
| Q3 2022 | -9.9% | -9.3% | +11.8% | |
| Q2 2021 | +3.2% | +6.8% | -13.6% | |
| Q2 2022 | +12.2% | +13.7% | -0.7% | |
| Q1 2021 | -12.0% | -15.6% | -3.9% | |
| Q1 2022 | -7.1% | -12.9% | -10.3% | |
| Q4 2019 | -5.2% | -1.5% | +8.1% | |
| Q4 2021 | -21.6% | -5.7% | -26.7% | |
| Q3 2020 | +2.9% | -4.1% | -28.1% | |
| Q4 2020 | +2.9% | -4.1% | -28.1% | |
| Q3 2021 | -10.7% | -20.6% | -33.0% | |
| Q2 2020 | — | — | — | |
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| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — |
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