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Side-by-side financial comparison of Freshworks Inc. (FRSH) and MASIMO CORP (MASI). Click either name above to swap in a different company.
MASIMO CORP is the larger business by last-quarter revenue ($371.5M vs $222.7M, roughly 1.7× Freshworks Inc.). Freshworks Inc. runs the higher net margin — 86.0% vs -27.0%, a 113.0% gap on every dollar of revenue. On growth, Freshworks Inc. posted the faster year-over-year revenue change (14.5% vs -26.4%). Over the past eight quarters, Freshworks Inc.'s revenue compounded faster (13.1% CAGR vs -17.7%).
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.
Masimo Corporation is an American health technology and consumer electronics company headquartered in Irvine, California. The company develops patient monitoring devices, non-invasive sensors, and related software platforms used in hospital and home settings. Masimo has also operated in the consumer audio and wearable device markets.
FRSH vs MASI — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $222.7M | $371.5M |
| Net Profit | $191.4M | $-100.4M |
| Gross Margin | 85.6% | 62.1% |
| Operating Margin | 32.3% | 22.5% |
| Net Margin | 86.0% | -27.0% |
| Revenue YoY | 14.5% | -26.4% |
| Net Profit YoY | 974.2% | -1124.5% |
| EPS (diluted) | $0.67 | $-1.84 |
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.
| Q1 26 | $222.7M | — | ||
| Q4 25 | $222.7M | — | ||
| Q3 25 | $215.1M | $371.5M | ||
| Q2 25 | $204.7M | $370.9M | ||
| Q1 25 | $196.3M | $372.0M | ||
| Q4 24 | $194.6M | $600.7M | ||
| Q3 24 | $186.6M | $504.6M | ||
| Q2 24 | $174.1M | $496.3M |
| Q1 26 | $191.4M | — | ||
| Q4 25 | $191.4M | — | ||
| Q3 25 | $-4.7M | $-100.4M | ||
| Q2 25 | $-1.7M | $51.3M | ||
| Q1 25 | $-1.3M | $-170.7M | ||
| Q4 24 | $-21.9M | $-349.6M | ||
| Q3 24 | $-30.0M | $9.8M | ||
| Q2 24 | $-20.2M | $16.0M |
| Q1 26 | 85.6% | — | ||
| Q4 25 | 85.6% | — | ||
| Q3 25 | 84.7% | 62.1% | ||
| Q2 25 | 84.8% | 62.9% | ||
| Q1 25 | 84.8% | 62.9% | ||
| Q4 24 | 84.9% | 40.7% | ||
| Q3 24 | 84.0% | 52.2% | ||
| Q2 24 | 83.8% | 51.3% |
| Q1 26 | 32.3% | — | ||
| Q4 25 | 17.8% | — | ||
| Q3 25 | -3.5% | 22.5% | ||
| Q2 25 | -4.2% | 17.4% | ||
| Q1 25 | -5.3% | 21.0% | ||
| Q4 24 | -12.2% | -59.8% | ||
| Q3 24 | -20.8% | 6.0% | ||
| Q2 24 | -25.1% | 5.7% |
| Q1 26 | 86.0% | — | ||
| Q4 25 | 86.0% | — | ||
| Q3 25 | -2.2% | -27.0% | ||
| Q2 25 | -0.8% | 13.8% | ||
| Q1 25 | -0.7% | -45.9% | ||
| Q4 24 | -11.3% | -58.2% | ||
| Q3 24 | -16.1% | 1.9% | ||
| Q2 24 | -11.6% | 3.2% |
| Q1 26 | $0.67 | — | ||
| Q4 25 | $0.66 | — | ||
| Q3 25 | $-0.02 | $-1.84 | ||
| Q2 25 | $-0.01 | $0.94 | ||
| Q1 25 | $0.00 | $-3.12 | ||
| Q4 24 | $-0.07 | $-6.54 | ||
| Q3 24 | $-0.10 | $0.18 | ||
| Q2 24 | $-0.07 | $0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $569.8M | $312.3M |
| Total DebtLower is stronger | — | $559.1M |
| Stockholders' EquityBook value | $1.0B | $810.0M |
| Total Assets | $1.6B | $1.8B |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $569.8M | — | ||
| Q4 25 | $781.4M | — | ||
| Q3 25 | $813.2M | $312.3M | ||
| Q2 25 | $926.2M | $149.6M | ||
| Q1 25 | $995.3M | $130.8M | ||
| Q4 24 | $1.1B | $177.6M | ||
| Q3 24 | $1.1B | $158.5M | ||
| Q2 24 | $1.0B | $129.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $559.1M | ||
| Q2 25 | — | $613.7M | ||
| Q1 25 | — | $651.0M | ||
| Q4 24 | — | $765.2M | ||
| Q3 24 | — | $772.6M | ||
| Q2 24 | — | $781.6M |
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | — | ||
| Q3 25 | $851.5M | $810.0M | ||
| Q2 25 | $984.6M | $1.0B | ||
| Q1 25 | $1.1B | $946.4M | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.4B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.4B | $1.8B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.5B | $2.3B | ||
| Q4 24 | $1.6B | $2.6B | ||
| Q3 24 | $1.6B | $3.1B | ||
| Q2 24 | $1.5B | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.57× |
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 | $56.8M |
| Free Cash FlowOCF − Capex | — | $50.9M |
| FCF MarginFCF / Revenue | — | 13.7% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | 0.33× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $191.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $62.3M | — | ||
| Q4 25 | $62.3M | — | ||
| Q3 25 | $63.5M | $56.8M | ||
| Q2 25 | $58.6M | $69.4M | ||
| Q1 25 | $58.0M | $31.1M | ||
| Q4 24 | $41.4M | $50.5M | ||
| Q3 24 | $42.3M | $25.6M | ||
| Q2 24 | $36.3M | $74.5M |
| Q1 26 | — | — | ||
| Q4 25 | $60.1M | — | ||
| Q3 25 | $61.7M | $50.9M | ||
| Q2 25 | $58.2M | $65.6M | ||
| Q1 25 | $56.7M | $28.5M | ||
| Q4 24 | $36.3M | $46.0M | ||
| Q3 24 | $41.3M | $16.9M | ||
| Q2 24 | $34.0M | $66.9M |
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | — | ||
| Q3 25 | 28.7% | 13.7% | ||
| Q2 25 | 28.4% | 17.7% | ||
| Q1 25 | 28.9% | 7.7% | ||
| Q4 24 | 18.7% | 7.7% | ||
| Q3 24 | 22.1% | 3.3% | ||
| Q2 24 | 19.5% | 13.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.0% | — | ||
| Q3 25 | 0.8% | 1.6% | ||
| Q2 25 | 0.2% | 1.0% | ||
| Q1 25 | 0.7% | 0.7% | ||
| Q4 24 | 2.6% | 0.7% | ||
| Q3 24 | 0.6% | 1.7% | ||
| Q2 24 | 1.3% | 1.5% |
| Q1 26 | 0.33× | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.35× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.61× | ||
| Q2 24 | — | 4.66× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
