vs
Side-by-side financial comparison of Freshworks Inc. (FRSH) and DOUGLAS DYNAMICS, INC (PLOW). Click either name above to swap in a different company.
Freshworks Inc. is the larger business by last-quarter revenue ($222.7M vs $184.5M, roughly 1.2× DOUGLAS DYNAMICS, INC). Freshworks Inc. runs the higher net margin — 86.0% vs 7.0%, a 79.0% gap on every dollar of revenue. On growth, DOUGLAS DYNAMICS, INC posted the faster year-over-year revenue change (28.6% vs 14.5%). DOUGLAS DYNAMICS, INC produced more free cash flow last quarter ($92.8M vs $60.1M). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 16.1%).
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.
General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...
FRSH vs PLOW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $222.7M | $184.5M |
| Net Profit | $191.4M | $12.8M |
| Gross Margin | 85.6% | 26.1% |
| Operating Margin | 17.8% | 10.5% |
| Net Margin | 86.0% | 7.0% |
| Revenue YoY | 14.5% | 28.6% |
| Net Profit YoY | 974.2% | 62.3% |
| EPS (diluted) | $0.66 | $0.54 |
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 | $184.5M | ||
| Q3 25 | $215.1M | $162.1M | ||
| Q2 25 | $204.7M | $194.3M | ||
| Q1 25 | $196.3M | $115.1M | ||
| Q4 24 | $194.6M | $143.5M | ||
| Q3 24 | $186.6M | $129.4M | ||
| Q2 24 | $174.1M | $199.9M | ||
| Q1 24 | $165.1M | $95.7M |
| Q4 25 | $191.4M | $12.8M | ||
| Q3 25 | $-4.7M | $8.0M | ||
| Q2 25 | $-1.7M | $26.0M | ||
| Q1 25 | $-1.3M | $148.0K | ||
| Q4 24 | $-21.9M | $7.9M | ||
| Q3 24 | $-30.0M | $32.3M | ||
| Q2 24 | $-20.2M | $24.3M | ||
| Q1 24 | $-23.3M | $-8.4M |
| Q4 25 | 85.6% | 26.1% | ||
| Q3 25 | 84.7% | 23.5% | ||
| Q2 25 | 84.8% | 31.0% | ||
| Q1 25 | 84.8% | 24.5% | ||
| Q4 24 | 84.9% | 24.9% | ||
| Q3 24 | 84.0% | 23.9% | ||
| Q2 24 | 83.8% | 30.7% | ||
| Q1 24 | 84.3% | 19.8% |
| Q4 25 | 17.8% | 10.5% | ||
| Q3 25 | -3.5% | 8.7% | ||
| Q2 25 | -4.2% | 19.0% | ||
| Q1 25 | -5.3% | 2.8% | ||
| Q4 24 | -12.2% | 9.0% | ||
| Q3 24 | -20.8% | 35.4% | ||
| Q2 24 | -25.1% | 18.2% | ||
| Q1 24 | -19.5% | -6.7% |
| Q4 25 | 86.0% | 7.0% | ||
| Q3 25 | -2.2% | 4.9% | ||
| Q2 25 | -0.8% | 13.4% | ||
| Q1 25 | -0.7% | 0.1% | ||
| Q4 24 | -11.3% | 5.5% | ||
| Q3 24 | -16.1% | 24.9% | ||
| Q2 24 | -11.6% | 12.2% | ||
| Q1 24 | -14.1% | -8.7% |
| Q4 25 | $0.66 | $0.54 | ||
| Q3 25 | $-0.02 | $0.33 | ||
| Q2 25 | $-0.01 | $1.09 | ||
| Q1 25 | $0.00 | $0.00 | ||
| Q4 24 | $-0.07 | $0.35 | ||
| Q3 24 | $-0.10 | $1.36 | ||
| Q2 24 | $-0.07 | $1.02 | ||
| Q1 24 | $-0.08 | $-0.37 |
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 | — |
| Total DebtLower is stronger | — | $144.0M |
| Stockholders' EquityBook value | $1.0B | $281.4M |
| Total Assets | $1.6B | $626.7M |
| Debt / EquityLower = less leverage | — | 0.51× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $781.4M | — | ||
| Q3 25 | $813.2M | — | ||
| Q2 25 | $926.2M | — | ||
| Q1 25 | $995.3M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | — | $144.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $147.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.0B | $281.4M | ||
| Q3 25 | $851.5M | $275.3M | ||
| Q2 25 | $984.6M | $273.3M | ||
| Q1 25 | $1.1B | $258.9M | ||
| Q4 24 | $1.1B | $264.2M | ||
| Q3 24 | $1.1B | $260.8M | ||
| Q2 24 | $1.1B | $236.7M | ||
| Q1 24 | $1.1B | $217.2M |
| Q4 25 | $1.6B | $626.7M | ||
| Q3 25 | $1.4B | $694.9M | ||
| Q2 25 | $1.5B | $671.5M | ||
| Q1 25 | $1.5B | $621.0M | ||
| Q4 24 | $1.6B | $590.0M | ||
| Q3 24 | $1.6B | $665.6M | ||
| Q2 24 | $1.5B | $617.0M | ||
| Q1 24 | $1.5B | $577.1M |
| Q4 25 | — | 0.51× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $95.9M |
| Free Cash FlowOCF − Capex | $60.1M | $92.8M |
| FCF MarginFCF / Revenue | 27.0% | 50.3% |
| Capex IntensityCapex / Revenue | 1.0% | 1.7% |
| Cash ConversionOCF / Net Profit | 0.33× | 7.47× |
| TTM Free Cash FlowTrailing 4 quarters | $236.7M | $63.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.3M | $95.9M | ||
| Q3 25 | $63.5M | $-8.5M | ||
| Q2 25 | $58.6M | $-11.4M | ||
| Q1 25 | $58.0M | $-1.3M | ||
| Q4 24 | $41.4M | $74.4M | ||
| Q3 24 | $42.3M | $-14.2M | ||
| Q2 24 | $36.3M | $2.5M | ||
| Q1 24 | $40.6M | $-21.6M |
| Q4 25 | $60.1M | $92.8M | ||
| Q3 25 | $61.7M | $-11.4M | ||
| Q2 25 | $58.2M | $-14.3M | ||
| Q1 25 | $56.7M | $-3.5M | ||
| Q4 24 | $36.3M | $70.2M | ||
| Q3 24 | $41.3M | $-15.2M | ||
| Q2 24 | $34.0M | $836.0K | ||
| Q1 24 | $39.9M | $-22.4M |
| Q4 25 | 27.0% | 50.3% | ||
| Q3 25 | 28.7% | -7.1% | ||
| Q2 25 | 28.4% | -7.4% | ||
| Q1 25 | 28.9% | -3.0% | ||
| Q4 24 | 18.7% | 48.9% | ||
| Q3 24 | 22.1% | -11.8% | ||
| Q2 24 | 19.5% | 0.4% | ||
| Q1 24 | 24.1% | -23.4% |
| Q4 25 | 1.0% | 1.7% | ||
| Q3 25 | 0.8% | 1.8% | ||
| Q2 25 | 0.2% | 1.5% | ||
| Q1 25 | 0.7% | 1.9% | ||
| Q4 24 | 2.6% | 2.9% | ||
| Q3 24 | 0.6% | 0.8% | ||
| Q2 24 | 1.3% | 0.8% | ||
| Q1 24 | 0.4% | 0.8% |
| Q4 25 | 0.33× | 7.47× | ||
| Q3 25 | — | -1.07× | ||
| Q2 25 | — | -0.44× | ||
| Q1 25 | — | -9.03× | ||
| Q4 24 | — | 9.41× | ||
| Q3 24 | — | -0.44× | ||
| Q2 24 | — | 0.10× | ||
| 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% |
PLOW
| Work Truck Solutions | $101.5M | 55% |
| Transferred At Point In Time | $83.1M | 45% |
