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Side-by-side financial comparison of Freshworks Inc. (FRSH) and JBG SMITH Properties (JBGS). Click either name above to swap in a different company.
Freshworks Inc. is the larger business by last-quarter revenue ($222.7M vs $127.6M, roughly 1.7× JBG SMITH Properties). Freshworks Inc. runs the higher net margin — 86.0% vs -35.7%, a 121.7% gap on every dollar of revenue. On growth, Freshworks Inc. posted the faster year-over-year revenue change (14.5% vs -2.5%). Over the past eight quarters, Freshworks Inc.'s revenue compounded faster (16.1% CAGR vs -6.3%).
Freshworks Inc. is a cloud-based software-as-a-service company, founded in 2010 in Chennai, India. The company provides cloud-based tools for customer relationship management (CRM), IT service management (ITSM), and e-commerce marketing.
JBG SMITH PropertiesJBGSEarnings & Financial Report
JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.
FRSH vs JBGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $222.7M | $127.6M |
| Net Profit | $191.4M | $-45.5M |
| Gross Margin | 85.6% | — |
| Operating Margin | 17.8% | -47.5% |
| Net Margin | 86.0% | -35.7% |
| Revenue YoY | 14.5% | -2.5% |
| Net Profit YoY | 974.2% | 24.0% |
| EPS (diluted) | $0.66 | $-0.76 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $222.7M | $127.6M | ||
| Q3 25 | $215.1M | $123.9M | ||
| Q2 25 | $204.7M | $126.5M | ||
| Q1 25 | $196.3M | $120.7M | ||
| Q4 24 | $194.6M | $130.8M | ||
| Q3 24 | $186.6M | $136.0M | ||
| Q2 24 | $174.1M | $135.3M | ||
| Q1 24 | $165.1M | $145.2M |
| Q4 25 | $191.4M | $-45.5M | ||
| Q3 25 | $-4.7M | $-28.6M | ||
| Q2 25 | $-1.7M | $-19.2M | ||
| Q1 25 | $-1.3M | $-45.7M | ||
| Q4 24 | $-21.9M | $-59.9M | ||
| Q3 24 | $-30.0M | $-27.0M | ||
| Q2 24 | $-20.2M | $-24.4M | ||
| Q1 24 | $-23.3M | $-32.3M |
| Q4 25 | 85.6% | — | ||
| Q3 25 | 84.7% | — | ||
| Q2 25 | 84.8% | — | ||
| Q1 25 | 84.8% | — | ||
| Q4 24 | 84.9% | — | ||
| Q3 24 | 84.0% | — | ||
| Q2 24 | 83.8% | — | ||
| Q1 24 | 84.3% | — |
| Q4 25 | 17.8% | -47.5% | ||
| Q3 25 | -3.5% | -27.5% | ||
| Q2 25 | -4.2% | -18.4% | ||
| Q1 25 | -5.3% | -44.7% | ||
| Q4 24 | -12.2% | -53.6% | ||
| Q3 24 | -20.8% | -22.4% | ||
| Q2 24 | -25.1% | -24.3% | ||
| Q1 24 | -19.5% | -30.1% |
| Q4 25 | 86.0% | -35.7% | ||
| Q3 25 | -2.2% | -23.1% | ||
| Q2 25 | -0.8% | -15.2% | ||
| Q1 25 | -0.7% | -37.9% | ||
| Q4 24 | -11.3% | -45.8% | ||
| Q3 24 | -16.1% | -19.8% | ||
| Q2 24 | -11.6% | -18.0% | ||
| Q1 24 | -14.1% | -22.2% |
| Q4 25 | $0.66 | $-0.76 | ||
| Q3 25 | $-0.02 | $-0.48 | ||
| Q2 25 | $-0.01 | $-0.29 | ||
| Q1 25 | $0.00 | $-0.56 | ||
| Q4 24 | $-0.07 | $-0.70 | ||
| Q3 24 | $-0.10 | $-0.32 | ||
| Q2 24 | $-0.07 | $-0.27 | ||
| Q1 24 | $-0.08 | $-0.36 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $781.4M | $75.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $1.2B |
| Total Assets | $1.6B | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $781.4M | $75.3M | ||
| Q3 25 | $813.2M | $64.4M | ||
| Q2 25 | $926.2M | $61.4M | ||
| Q1 25 | $995.3M | $81.3M | ||
| Q4 24 | $1.1B | $145.8M | ||
| Q3 24 | $1.1B | $137.0M | ||
| Q2 24 | $1.0B | $163.5M | ||
| Q1 24 | $1.2B | $220.5M |
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $851.5M | $1.2B | ||
| Q2 25 | $984.6M | $1.3B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | $1.1B | $2.0B | ||
| Q1 24 | $1.1B | $2.1B |
| Q4 25 | $1.6B | $4.4B | ||
| Q3 25 | $1.4B | $4.4B | ||
| Q2 25 | $1.5B | $4.5B | ||
| Q1 25 | $1.5B | $4.7B | ||
| Q4 24 | $1.6B | $5.0B | ||
| Q3 24 | $1.6B | $5.2B | ||
| Q2 24 | $1.5B | $5.3B | ||
| Q1 24 | $1.5B | $5.4B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $62.3M | $73.3M |
| Free Cash FlowOCF − Capex | $60.1M | — |
| FCF MarginFCF / Revenue | 27.0% | — |
| Capex IntensityCapex / Revenue | 1.0% | — |
| Cash ConversionOCF / Net Profit | 0.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | $236.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.3M | $73.3M | ||
| Q3 25 | $63.5M | $8.9M | ||
| Q2 25 | $58.6M | $18.8M | ||
| Q1 25 | $58.0M | $12.9M | ||
| Q4 24 | $41.4M | $129.4M | ||
| Q3 24 | $42.3M | $26.4M | ||
| Q2 24 | $36.3M | $23.8M | ||
| Q1 24 | $40.6M | $37.0M |
| Q4 25 | $60.1M | — | ||
| Q3 25 | $61.7M | — | ||
| Q2 25 | $58.2M | — | ||
| Q1 25 | $56.7M | — | ||
| Q4 24 | $36.3M | — | ||
| Q3 24 | $41.3M | — | ||
| Q2 24 | $34.0M | — | ||
| Q1 24 | $39.9M | — |
| Q4 25 | 27.0% | — | ||
| Q3 25 | 28.7% | — | ||
| Q2 25 | 28.4% | — | ||
| Q1 25 | 28.9% | — | ||
| Q4 24 | 18.7% | — | ||
| Q3 24 | 22.1% | — | ||
| Q2 24 | 19.5% | — | ||
| Q1 24 | 24.1% | — |
| Q4 25 | 1.0% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | 0.4% | — |
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FRSH
| Subscription Services Software Licenses And Maintenance | $220.2M | 99% |
| Professional Services | $2.5M | 1% |
JBGS
Segment breakdown not available.
