Below are the financial statements of Freshworks, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of USD | 2024 | 2023 |
|---|---|---|
| Current assets | — | — |
| Cash and cash equivalents | 620,315a | 0 |
| Marketable securities | 449,750a | 0 |
| Accounts receivable, net of allowance of $8,885 and $8,562 | 122,910a | 0 |
| Deferred contract acquisition costs | 26,106a | 0 |
| Prepaid expenses and other current assets | 46,346a | 0 |
| Total current assets | 1,265,427a | 0 |
| Assets | — | — |
| Property and equipment, net | 25,893a | 0 |
| Operating lease right-of-use assets | 36,891a | 0 |
| Deferred contract acquisition costs, noncurrent | 22,534a | 0 |
| Goodwill | 147,014a | 0 |
| Intangible assets, net | 90,840a | 0a |
| Deferred tax assets | 8,499a | 0 |
| Other assets | 14,786a | 0 |
| Total assets | 1,611,884a | 0 |
| Current liabilities | — | — |
| Accounts payable | 1,619a | 0 |
| Accrued liabilities | 81,933a | 0 |
| Deferred revenue | 323,435a | 0 |
| Income tax payable | 728a | 72a |
| Total current liabilities | 407,715a | 0 |
| Liabilities and stockholders' equity | — | — |
| Operating lease liabilities, non-current | 30,221a | 0 |
| Other liabilities | 36,027a | 0 |
| Total liabilities | 473,963a | 0 |
| Stockholders' equity | — | — |
| Preferred stock | 0a | 0a |
| Class A common stock | 2a | 0 |
| Class B common stock | 1a | 0 |
| Additional paid-in capital | 4,874,133a | 4,713,522a |
| Accumulated other comprehensive loss | -338a | -754a |
| Accumulated deficit | -3,735,877a | -3,640,509a |
| Total stockholders' equity | 1,137,921a | 1,072,262a |
| Total liabilities and stockholders' equity | 1,611,884a | 1,456,772a |
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