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Side-by-side financial comparison of Freshworks Inc. (FRSH) and Kodiak Gas Services, Inc. (KGS). Click either name above to swap in a different company.

Kodiak Gas Services, Inc. is the larger business by last-quarter revenue ($332.9M vs $228.6M, roughly 1.5× Freshworks Inc.). Kodiak Gas Services, Inc. runs the higher net margin — 7.4% vs -2.1%, a 9.5% gap on every dollar of revenue. On growth, Freshworks Inc. posted the faster year-over-year revenue change (16.5% vs 7.5%). Over the past eight quarters, Kodiak Gas Services, Inc.'s revenue compounded faster (24.3% CAGR vs 14.6%).

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.

Kodiak Gas Services, Inc. is a leading natural gas compression services provider operating primarily across North America. It serves upstream and midstream energy sector clients, offering custom compression equipment, regular maintenance, and operational support to optimize natural gas gathering, processing, and transportation workflows for onshore oil and gas production operations.

FRSH vs KGS — Head-to-Head

Bigger by revenue
KGS
KGS
1.5× larger
KGS
$332.9M
$228.6M
FRSH
Growing faster (revenue YoY)
FRSH
FRSH
+8.9% gap
FRSH
16.5%
7.5%
KGS
Higher net margin
KGS
KGS
9.5% more per $
KGS
7.4%
-2.1%
FRSH
Faster 2-yr revenue CAGR
KGS
KGS
Annualised
KGS
24.3%
14.6%
FRSH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRSH
FRSH
KGS
KGS
Revenue
$228.6M
$332.9M
Net Profit
$-4.8M
$24.6M
Gross Margin
84.8%
Operating Margin
11.6%
26.1%
Net Margin
-2.1%
7.4%
Revenue YoY
16.5%
7.5%
Net Profit YoY
-268.9%
29.0%
EPS (diluted)
$-0.02
$0.30

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.

Revenue
FRSH
FRSH
KGS
KGS
Q1 26
$228.6M
Q4 25
$222.7M
$332.9M
Q3 25
$215.1M
$322.7M
Q2 25
$204.7M
$322.8M
Q1 25
$196.3M
$329.6M
Q4 24
$194.6M
$309.5M
Q3 24
$186.6M
$324.6M
Q2 24
$174.1M
$309.7M
Net Profit
FRSH
FRSH
KGS
KGS
Q1 26
$-4.8M
Q4 25
$191.4M
$24.6M
Q3 25
$-4.7M
$-14.0M
Q2 25
$-1.7M
$39.5M
Q1 25
$-1.3M
$30.4M
Q4 24
$-21.9M
$19.1M
Q3 24
$-30.0M
$-5.6M
Q2 24
$-20.2M
$6.2M
Gross Margin
FRSH
FRSH
KGS
KGS
Q1 26
84.8%
Q4 25
85.6%
Q3 25
84.7%
Q2 25
84.8%
Q1 25
84.8%
Q4 24
84.9%
Q3 24
84.0%
37.5%
Q2 24
83.8%
36.5%
Operating Margin
FRSH
FRSH
KGS
KGS
Q1 26
11.6%
Q4 25
17.8%
26.1%
Q3 25
-3.5%
19.9%
Q2 25
-4.2%
30.9%
Q1 25
-5.3%
27.1%
Q4 24
-12.2%
22.3%
Q3 24
-20.8%
20.4%
Q2 24
-25.1%
17.5%
Net Margin
FRSH
FRSH
KGS
KGS
Q1 26
-2.1%
Q4 25
86.0%
7.4%
Q3 25
-2.2%
-4.3%
Q2 25
-0.8%
12.2%
Q1 25
-0.7%
9.2%
Q4 24
-11.3%
6.2%
Q3 24
-16.1%
-1.7%
Q2 24
-11.6%
2.0%
EPS (diluted)
FRSH
FRSH
KGS
KGS
Q1 26
$-0.02
Q4 25
$0.66
$0.30
Q3 25
$-0.02
$-0.17
Q2 25
$-0.01
$0.43
Q1 25
$0.00
$0.33
Q4 24
$-0.07
$0.18
Q3 24
$-0.10
$-0.07
Q2 24
$-0.07
$0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FRSH
FRSH
KGS
KGS
Cash + ST InvestmentsLiquidity on hand
$548.2M
$3.2M
Total DebtLower is stronger
$2.6B
Stockholders' EquityBook value
$1.0B
$1.2B
Total Assets
$1.6B
$4.3B
Debt / EquityLower = less leverage
2.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRSH
FRSH
KGS
KGS
Q1 26
$548.2M
Q4 25
$781.4M
$3.2M
Q3 25
$813.2M
$724.0K
Q2 25
$926.2M
$5.4M
Q1 25
$995.3M
$1.9M
Q4 24
$1.1B
$4.8M
Q3 24
$1.1B
$7.4M
Q2 24
$1.0B
$3.9M
Total Debt
FRSH
FRSH
KGS
KGS
Q1 26
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.5B
Stockholders' Equity
FRSH
FRSH
KGS
KGS
Q1 26
$1.0B
Q4 25
$1.0B
$1.2B
Q3 25
$851.5M
$1.3B
Q2 25
$984.6M
$1.3B
Q1 25
$1.1B
$1.4B
Q4 24
$1.1B
$1.4B
Q3 24
$1.1B
$1.4B
Q2 24
$1.1B
$1.5B
Total Assets
FRSH
FRSH
KGS
KGS
Q1 26
$1.6B
Q4 25
$1.6B
$4.3B
Q3 25
$1.4B
$4.4B
Q2 25
$1.5B
$4.4B
Q1 25
$1.5B
$4.4B
Q4 24
$1.6B
$4.4B
Q3 24
$1.6B
$4.5B
Q2 24
$1.5B
$4.4B
Debt / Equity
FRSH
FRSH
KGS
KGS
Q1 26
Q4 25
2.12×
Q3 25
2.08×
Q2 25
1.89×
Q1 25
1.91×
Q4 24
1.88×
Q3 24
1.86×
Q2 24
1.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FRSH
FRSH
KGS
KGS
Operating Cash FlowLast quarter
$62.4M
$194.9M
Free Cash FlowOCF − Capex
$142.0M
FCF MarginFCF / Revenue
42.7%
Capex IntensityCapex / Revenue
15.9%
Cash ConversionOCF / Net Profit
7.91×
TTM Free Cash FlowTrailing 4 quarters
$284.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRSH
FRSH
KGS
KGS
Q1 26
$62.4M
Q4 25
$62.3M
$194.9M
Q3 25
$63.5M
$113.4M
Q2 25
$58.6M
$177.2M
Q1 25
$58.0M
$114.3M
Q4 24
$41.4M
$118.5M
Q3 24
$42.3M
$36.9M
Q2 24
$36.3M
$121.1M
Free Cash Flow
FRSH
FRSH
KGS
KGS
Q1 26
Q4 25
$60.1M
$142.0M
Q3 25
$61.7M
$10.9M
Q2 25
$58.2M
$94.6M
Q1 25
$56.7M
$36.8M
Q4 24
$36.3M
$45.2M
Q3 24
$41.3M
$-49.7M
Q2 24
$34.0M
$4.0M
FCF Margin
FRSH
FRSH
KGS
KGS
Q1 26
Q4 25
27.0%
42.7%
Q3 25
28.7%
3.4%
Q2 25
28.4%
29.3%
Q1 25
28.9%
11.2%
Q4 24
18.7%
14.6%
Q3 24
22.1%
-15.3%
Q2 24
19.5%
1.3%
Capex Intensity
FRSH
FRSH
KGS
KGS
Q1 26
Q4 25
1.0%
15.9%
Q3 25
0.8%
31.7%
Q2 25
0.2%
25.6%
Q1 25
0.7%
23.5%
Q4 24
2.6%
23.7%
Q3 24
0.6%
26.7%
Q2 24
1.3%
37.8%
Cash Conversion
FRSH
FRSH
KGS
KGS
Q1 26
Q4 25
0.33×
7.91×
Q3 25
Q2 25
4.49×
Q1 25
3.76×
Q4 24
6.21×
Q3 24
Q2 24
19.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FRSH
FRSH

Segment breakdown not available.

KGS
KGS

Other Services$126.8M38%
Other$112.2M34%
Transferred At Point In Time$93.8M28%

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