Freshworks Inc.
For the period ended Sep 30, 2026. Filed Nov 3, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Nov 3, 2026
FRSH$11.88-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows from Operating Activities: | ||
| Net income (loss) | $16,725 | $(7,723) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization | 25,069 | 19,245 |
| Amortization of deferred contract acquisition costs | 26,754 | 23,418 |
| Non-cash lease expense | 8,070 | 7,015 |
| Stock-based compensation | 120,557 | 149,473 |
| Discount amortization on marketable securities | (1,335) | (5,516) |
| Gain on sale of non-marketable equity investments | — | (1,837) |
| Deferred income taxes | 7,183 | (459) |
| Net foreign currency loss | 10,281 | — |
| Other | 1,048 | 717 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 14,734 | 3,027 |
| Deferred contract acquisition costs | (30,900) | (29,361) |
| Prepaid expenses and other assets | (494) | (15,373) |
| Accounts payable | 6,874 | 5,597 |
| Accrued and other liabilities | (10,932) | 13,216 |
| Deferred revenue | 13,548 | 24,309 |
| Operating lease liabilities | (8,569) | (5,712) |
| Net cash provided by operating activities | 198,613 | 180,036 |
| Cash Flows from Investing Activities: | ||
| Purchases of property and equipment | (11,777) | (3,468) |
| Proceeds from sale of property and equipment | 9 | 94 |
| Capitalized internal-use software | (6,970) | (11,919) |
| Purchases of marketable securities | (471,487) | (490,992) |
| Sale of non-marketable equity investments | — | 1,984 |
| Maturities and redemptions of marketable securities | 452,978 | 553,234 |
| Business combination, net of cash acquired | (56,913) | — |
| Net cash (used in) provided by investing activities | (94,160) | 48,933 |
| Cash Flows from Financing Activities: | ||
| Proceeds from issuance of common stock under employee stock purchase plan, net | 3,061 | 3,307 |
| Proceeds from exercise of stock options | 2 | 74 |
| Payment of withholding taxes on net share settlement of equity awards | (28,657) | (45,414) |
| Repurchase of common stock | (234,623) | (386,306) |
| Net cash used in financing activities | (260,217) | (428,339) |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash | (8,695) | — |
| Net decrease in cash, cash equivalents and restricted cash | (164,459) | (199,370) |
| Cash, cash equivalents and restricted cash, beginning of period | 632,250 | 620,405 |
| Cash, cash equivalents and restricted cash, end of period | $467,791 | $421,035 |
| Reconciliation of cash, cash equivalents and restricted cash to condensed consolidated balance sheets: | ||
| Cash and cash equivalents | $466,650 | $420,934 |
| Restricted cash, current | 1,141 | — |
| Restricted cash included in other assets | — | 101 |
| Total cash, cash equivalents and restricted cash | $467,791 | $421,035 |
| Supplemental cash flow information: | ||
|---|---|---|
| Cash paid for taxes | $9,301 | $10,499 |
| Non-cash investing and financing activities: | ||
| Property and equipment purchases in accounts payable | $1,583 | $— |
| Operating lease right-of-use assets obtained in exchange for operating lease obligations, net of modifications | — | 7,084 |
| Stock-based compensation capitalized as internal-use software | 1,707 | 2,579 |
| Accrued excise tax on share repurchases | 1,842 | 2,944 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.