Freshworks Inc
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 16, 2024
FRSH$12.01-0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $596,432 | $497,999 | $371,022 |
| Cost of revenue | 103,369 | 95,772 | 78,030 |
| Gross profit | 493,063 | 402,227 | 292,992 |
| Operating expense: | |||
| Research and development | 137,756 | 135,543 | 120,407 |
| Sales and marketing | 357,781 | 343,207 | 260,345 |
| General and administrative | 167,698 | 156,849 | 117,022 |
| Total operating expenses | 663,235 | 635,599 | 497,774 |
| Loss from operations | (170,172) | (233,372) | (204,782) |
| Interest and other income, net | 46,403 | 12,582 | 23,303 |
| Loss before income taxes | (123,769) | (220,790) | (181,479) |
| Provision for income taxes | 13,667 | 11,342 | 10,516 |
| Net loss | (137,436) | (232,132) | (191,995) |
| Accretion of redeemable convertible preferred stock | — | — | (2,646,662) |
| Net loss attributable to common stockholders | $(137,436) | $(232,132) | $(2,838,657) |
| Net loss per share attributable to common stockholders - basic and diluted | $(0.47) | $(0.82) | $(21.73) |
| Weighted-average shares used in computing net loss per share attributable to common stockholders - basic and diluted | 293,087 | 284,587 | 130,652 |
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