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Side-by-side financial comparison of Freshworks Inc. (FRSH) and Piedmont Realty Trust, Inc. (PDM). Click either name above to swap in a different company.
Freshworks Inc. is the larger business by last-quarter revenue ($228.6M vs $143.3M, roughly 1.6× Piedmont Realty Trust, Inc.). Freshworks Inc. runs the higher net margin — -2.1% vs -31.4%, a 29.3% gap on every dollar of revenue. On growth, Freshworks Inc. posted the faster year-over-year revenue change (16.5% vs 0.4%). Over the past eight quarters, Freshworks Inc.'s revenue compounded faster (14.6% CAGR vs 0.0%).
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.
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
FRSH vs PDM — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $228.6M | $143.3M |
| Net Profit | $-4.8M | $-45.0M |
| Gross Margin | 84.8% | — |
| Operating Margin | 11.6% | — |
| Net Margin | -2.1% | -31.4% |
| Revenue YoY | 16.5% | 0.4% |
| Net Profit YoY | -268.9% | -27.9% |
| EPS (diluted) | $-0.02 | $-0.10 |
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 | $228.6M | $143.3M | ||
| Q4 25 | $222.7M | $142.9M | ||
| Q3 25 | $215.1M | $139.2M | ||
| Q2 25 | $204.7M | $140.3M | ||
| Q1 25 | $196.3M | $142.7M | ||
| Q4 24 | $194.6M | $143.2M | ||
| Q3 24 | $186.6M | $139.3M | ||
| Q2 24 | $174.1M | $143.3M |
| Q1 26 | $-4.8M | $-45.0M | ||
| Q4 25 | $191.4M | $-43.2M | ||
| Q3 25 | $-4.7M | $-13.5M | ||
| Q2 25 | $-1.7M | $-16.8M | ||
| Q1 25 | $-1.3M | $-10.1M | ||
| Q4 24 | $-21.9M | $-30.0M | ||
| Q3 24 | $-30.0M | $-11.5M | ||
| Q2 24 | $-20.2M | $-9.8M |
| 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% | — | ||
| Q2 24 | 83.8% | — |
| Q1 26 | 11.6% | — | ||
| Q4 25 | 17.8% | — | ||
| Q3 25 | -3.5% | — | ||
| Q2 25 | -4.2% | — | ||
| Q1 25 | -5.3% | — | ||
| Q4 24 | -12.2% | — | ||
| Q3 24 | -20.8% | — | ||
| Q2 24 | -25.1% | — |
| Q1 26 | -2.1% | -31.4% | ||
| Q4 25 | 86.0% | -30.3% | ||
| Q3 25 | -2.2% | -9.7% | ||
| Q2 25 | -0.8% | -12.0% | ||
| Q1 25 | -0.7% | -7.1% | ||
| Q4 24 | -11.3% | -20.9% | ||
| Q3 24 | -16.1% | -8.3% | ||
| Q2 24 | -11.6% | -6.8% |
| Q1 26 | $-0.02 | $-0.10 | ||
| Q4 25 | $0.66 | $-0.34 | ||
| Q3 25 | $-0.02 | $-0.11 | ||
| Q2 25 | $-0.01 | $-0.14 | ||
| Q1 25 | $0.00 | $-0.08 | ||
| Q4 24 | $-0.07 | $-0.25 | ||
| Q3 24 | $-0.10 | $-0.09 | ||
| Q2 24 | $-0.07 | $-0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $548.2M | $2.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $1.5B |
| Total Assets | $1.6B | $4.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $548.2M | $2.3M | ||
| Q4 25 | $781.4M | $731.0K | ||
| Q3 25 | $813.2M | $3.0M | ||
| Q2 25 | $926.2M | $3.3M | ||
| Q1 25 | $995.3M | $2.9M | ||
| Q4 24 | $1.1B | $109.6M | ||
| Q3 24 | $1.1B | $133.6M | ||
| Q2 24 | $1.0B | $138.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $2.2B |
| Q1 26 | $1.0B | $1.5B | ||
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $851.5M | $1.5B | ||
| Q2 25 | $984.6M | $1.5B | ||
| Q1 25 | $1.1B | $1.6B | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.1B | $1.7B |
| Q1 26 | $1.6B | $4.0B | ||
| Q4 25 | $1.6B | $4.0B | ||
| Q3 25 | $1.4B | $4.0B | ||
| Q2 25 | $1.5B | $4.0B | ||
| Q1 25 | $1.5B | $4.0B | ||
| Q4 24 | $1.6B | $4.1B | ||
| Q3 24 | $1.6B | $4.1B | ||
| Q2 24 | $1.5B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.49× | ||
| Q3 25 | — | 1.43× | ||
| Q2 25 | — | 1.41× | ||
| Q1 25 | — | 1.40× | ||
| Q4 24 | — | 1.40× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 1.34× |
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 | $62.4M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 110.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $62.4M | — | ||
| Q4 25 | $62.3M | $140.6M | ||
| Q3 25 | $63.5M | $35.8M | ||
| Q2 25 | $58.6M | $50.1M | ||
| Q1 25 | $58.0M | $3.7M | ||
| Q4 24 | $41.4M | $198.1M | ||
| Q3 24 | $42.3M | $42.9M | ||
| Q2 24 | $36.3M | $66.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | 110.3% | ||
| 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 26 | — | — | ||
| Q4 25 | 0.33× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
