Freshworks annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Freshworks R&D Spending Growth & History (FRSH)
Freshworks's r&d spending was $163.2M for fiscal 2025.
View full Freshworks company overviewFreshworks annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $163.2M | −$1.4M | −0.84% |
| 2024 | 2024-12-31 | $164.6M | $26.8M | +19.48% |
| 2023 | 2023-12-31 | $137.8M | $2.2M | +1.63% |
| 2022 | 2022-12-31 | $135.5M | $15.1M | +12.57% |
| 2021 | 2021-12-31 | $120.4M | $51.2M | +73.97% |
| 2020 | 2020-12-31 | $69.2M | $30.7M | +79.49% |
| 2019 | 2019-12-31 | $38.6M | — | — |
Freshworks quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $43.8M | $3.9M | +9.69% |
| Q1 2026 | 2026-03-31 | $49.3M | $9.3M | +23.15% |
| Q4 2025 | 2025-12-31 | $41.8M | $774,000 | +1.89% |
| Q3 2025 | 2025-09-30 | $41.5M | −$6.4M | −13.41% |
| Q2 2025 | 2025-06-30 | $39.9M | −$1.1M | −2.56% |
| Q1 2025 | 2025-03-31 | $40.0M | $5.3M | +15.33% |
| Q4 2024 | 2024-12-31 | $41.0M | $5.2M | +14.49% |
| Q3 2024 | 2024-09-30 | $47.9M | $13.0M | +37.27% |
| Q2 2024 | 2024-06-30 | $41.0M | $6.8M | +19.93% |
| Q1 2024 | 2024-03-31 | $34.7M | $1.8M | +5.56% |
| Q4 2023 | 2023-12-31 | $35.8M | $1.2M | +3.39% |
| Q3 2023 | 2023-09-30 | $34.9M | −$986,000 | −2.75% |
| Q2 2023 | 2023-06-30 | $34.2M | −$117,000 | −0.34% |
| Q1 2023 | 2023-03-31 | $32.9M | $2.1M | +6.97% |
| Q4 2022 | 2022-12-31 | $34.7M | $5.6M | +19.39% |
| Q3 2022 | 2022-09-30 | $35.9M | −$21.2M | −37.16% |
| Q2 2022 | 2022-06-30 | $34.3M | $15.4M | +81.51% |
| Q1 2022 | 2022-03-31 | $30.7M | $15.3M | +99.53% |
| Q4 2021 | 2021-12-31 | $29.0M | — | — |
| Q3 2021 | 2021-09-30 | $57.1M | $43.8M | +330.88% |
| Q2 2021 | 2021-06-30 | $18.9M | — | — |
| Q1 2021 | 2021-03-31 | $15.4M | — | — |
| Q3 2020 | 2020-09-30 | $13.2M | — | — |
Freshworks r&d spending trends
Over the last five fiscal years, Freshworks's r&d spending increased from $69.2M to $163.2M, a change of $94.0M. The latest reported quarter, Q2 2026, shows $43.8M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Freshworks source filings ↗