Freshworks vs Workiva
Freshworks and Workiva are similar in size: $839m and $885m of revenue in their latest fiscal years. Workiva grew faster (19.7% against 16.4%). Freshworks kept more of each dollar of sales as profit: a net margin of 21.9% against -3.0%.
| Latest fiscal year | FreshworksFRSH, 2025 | WorkivaWK, 2025 |
|---|---|---|
| Revenue | $839m | $885m |
| Revenue growth | 16.4% | 19.7% |
| Net income | $184m | −$26.2m |
| Operating margin | 1.6% | -4.8% |
| Net margin | 21.9% | -3.0% |
| Return on equity | 16.9% | — |
| Free cash flow | $237m | $138m |
| Cash | $570m | $339m |
| Total debt | $0 | $767m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $386m | $71.6m |
| Employees | 4,500 | 2,860 |
| Market value | $3.88bn | $4.74bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 45 (Moderate) | 50 (Moderate) |
| Insider trades, 12 months | 3 buys, 11 sales | 0 buys, 6 sales |