NASDAQ$FRSH
Freshworks Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Freshworks' Q4 2022 financial results showcased revenue growth and improved cash flow amidst macroeconomic uncertainty.
Freshworks reported a 26% year-over-year revenue increase in Q4 2022, reaching $133.2 million. The company's focus on product innovation and business expansion drove revenue growth and improved cash flow, with $7.2 million in net cash from operating activities and $4 million in free cash flow during the quarter.
- Total revenue was $133.2 million, representing 26% growth compared to Q4 2021.
- GAAP loss from operations was $(60.6) million, compared to $(56.4) million in Q4 2021.
- Non-GAAP net income per share was $0.01, compared to $(0.06) in Q4 2021.
- Free cash flow was $4.0 million, compared to $2.8 million in Q4 2021.
Headline financials
Revenue & EPS history
Freshworks · Revenue · Quarterly
$133M
Forward guidance
Freshworks provided estimates for Q1 and Full Year 2023 based on current market conditions and expectations, with revenue growth rates adjusted for constant currency.
Tailwinds
- Q1 2023 Revenue is expected to be $133.0 - $135.0 million.
- Q1 2023 Year-over-year growth of 16% - 18%.
- Q1 2023 Year-over-year growth adjusting for constant currency of 19% - 21%.
- Full Year 2023 Revenue is expected to be $575.0 - $590.0 million.
- Full Year 2023 Non-GAAP loss from operations ($14.0) - ($6.0) million.
Headwinds
- Q1 2023 Non-GAAP loss from operations is expected to be ($9.0) - ($7.0) million.
- Q1 2023 Non-GAAP net loss per share is expected to be ($0.03) - ($0.01).
- Full Year 2023 Year-over-year growth of 15% - 18%.
- Full Year 2023 Year-over-year growth adjusting for constant currency of 16% - 19%.
- Full Year 2023 Non-GAAP net loss per share is expected to be ($0.01) - $0.03.
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 Q4 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% | |
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| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — |
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