Freshworks Inc (FRSH) - Net Assets
Based on the latest financial reports, Freshworks Inc (FRSH) has net assets worth $1.03 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.60 Billion) and total liabilities ($570.06 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Freshworks Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.03 Billion |
| % of Total Assets | 64.43% |
| Annual Growth Rate | 24.67% |
| 5-Year Change | -16.59% |
| 10-Year Change | 917.43% |
| Growth Volatility | 387.5 |
Freshworks Inc - Net Assets Trend (2014–2025)
This chart illustrates how Freshworks Inc's net assets have evolved over time, based on quarterly financial data. Also explore Freshworks Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Freshworks Inc (2014–2025)
The table below shows the annual net assets of Freshworks Inc from 2014 to 2025. For live valuation and market cap data, see FRSH stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.03 Billion | -9.25% |
| 2024-12-31 | $1.14 Billion | +6.12% |
| 2023-12-31 | $1.07 Billion | +1.94% |
| 2022-12-31 | $1.05 Billion | -15.04% |
| 2021-12-31 | $1.24 Billion | +145.91% |
| 2020-12-31 | $-2.70 Billion | -140.20% |
| 2019-12-31 | $-1.12 Billion | -1233.80% |
| 2018-12-31 | $99.02 Million | -3.08% |
| 2017-12-31 | $102.17 Million | +0.67% |
| 2016-12-31 | $101.50 Million | +3.93% |
| 2015-12-31 | $97.66 Million | +6.96% |
| 2014-12-31 | $91.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freshworks Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 352602900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00K | 0.00% |
| Other Comprehensive Income | $-1.59 Million | -0.15% |
| Other Components | $4.59 Billion | 444.14% |
| Total Equity | $1.03 Billion | 100.00% |
Freshworks Inc Competitors by Market Cap
The table below lists competitors of Freshworks Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pandox AB (publ)
ST:PNDX-B
|
$2.18 Billion |
|
Feng Tay Enterprises Co Ltd
TW:9910
|
$2.18 Billion |
|
Embotelladora Andina S.A
NYSE:AKO-B
|
$2.18 Billion |
|
Beijing Jetsen Tech Co
SHE:300182
|
$2.18 Billion |
|
Capri Holdings Ltd
NYSE:CPRI
|
$2.18 Billion |
|
Valiant Holding AG
SW:VATN
|
$2.18 Billion |
|
Lianhe Chemical Technology Co Ltd
SHE:002250
|
$2.18 Billion |
|
Turpaz Industries Ltd
TA:TRPZ
|
$2.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freshworks Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,137,921,000 to 1,032,650,000, a change of -105,271,000 (-9.3%).
- Net income of 183,723,000 contributed positively to equity growth.
- Share repurchases of 386,306,000 reduced equity.
- Other comprehensive income decreased equity by 1,252,999.
- Other factors increased equity by 98,564,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $183.72 Million | +17.79% |
| Share Repurchases | $386.31 Million | -37.41% |
| Other Comprehensive Income | $-1.25 Million | -0.12% |
| Other Changes | $98.56 Million | +9.54% |
| Total Change | $- | -9.25% |
Book Value vs Market Value Analysis
This analysis compares Freshworks Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.16x to 2.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $7.54 | $8.75 | x |
| 2015-12-31 | $5.79 | $8.75 | x |
| 2016-12-31 | $6.05 | $8.75 | x |
| 2017-12-31 | $6.06 | $8.75 | x |
| 2018-12-31 | $5.82 | $8.75 | x |
| 2019-12-31 | $-23.93 | $8.75 | x |
| 2020-12-31 | $-10.66 | $8.75 | x |
| 2021-12-31 | $4.74 | $8.75 | x |
| 2022-12-31 | $3.70 | $8.75 | x |
| 2023-12-31 | $3.66 | $8.75 | x |
| 2024-12-31 | $3.78 | $8.75 | x |
| 2025-12-31 | $3.52 | $8.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freshworks Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.90%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.55x
- Recent ROE (17.79%) is above the historical average (-2.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.37% | 1.28% | 0.36x | 2.92x | $-7.88 Million |
| 2015 | 5.03% | 4.09% | 0.44x | 2.82x | $-4.85 Million |
| 2016 | 2.61% | 2.09% | 0.46x | 2.70x | $-7.50 Million |
| 2017 | -0.01% | -0.01% | 0.48x | 2.41x | $-10.22 Million |
| 2018 | 4.37% | 3.42% | 0.51x | 2.49x | $-5.58 Million |
| 2019 | 0.00% | -18.06% | 0.54x | 0.00x | $81.15 Million |
| 2020 | 0.00% | -22.95% | 0.68x | 0.00x | $212.38 Million |
| 2021 | -15.51% | -51.75% | 0.25x | 1.20x | $-315.80 Million |
| 2022 | -22.07% | -46.61% | 0.36x | 1.31x | $-337.31 Million |
| 2023 | -12.82% | -23.04% | 0.41x | 1.36x | $-244.66 Million |
| 2024 | -8.38% | -13.24% | 0.45x | 1.42x | $-209.16 Million |
| 2025 | 17.79% | 21.90% | 0.52x | 1.55x | $80.46 Million |
Industry Comparison
This section compares Freshworks Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Freshworks Inc (FRSH) | $1.03 Billion | 1.37% | 0.55x | $2.18 Billion |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Freshworks Inc
Freshworks Inc., a software development company, provides software-as-a-service products in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company's software-as-a-service solutions includes Customer Experience (CX) and Employee Experience (EX). Its Customer Experience products include Freshdesk Omni, an AI-powered omnichannel customer service solution t… Read more