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Side-by-side financial comparison of Freshworks Inc. (FRSH) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
Freshworks Inc. is the larger business by last-quarter revenue ($222.7M vs $124.7M, roughly 1.8× SMITH & WESSON BRANDS, INC.). Freshworks Inc. runs the higher net margin — 86.0% vs 1.5%, a 84.4% gap on every dollar of revenue. On growth, Freshworks Inc. posted the faster year-over-year revenue change (14.5% vs -3.9%). Freshworks Inc. produced more free cash flow last quarter ($60.1M vs $16.3M). Over the past eight quarters, Freshworks Inc.'s revenue compounded faster (16.1% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
FRSH vs SWBI — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $222.7M | $124.7M |
| Net Profit | $191.4M | $1.9M |
| Gross Margin | 85.6% | 24.3% |
| Operating Margin | 17.8% | 3.3% |
| Net Margin | 86.0% | 1.5% |
| Revenue YoY | 14.5% | -3.9% |
| Net Profit YoY | 974.2% | -53.6% |
| EPS (diluted) | $0.66 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $215.1M | $85.1M | ||
| Q2 25 | $204.7M | $140.8M | ||
| Q1 25 | $196.3M | $115.9M | ||
| Q4 24 | $194.6M | $129.7M | ||
| Q3 24 | $186.6M | $88.3M | ||
| Q2 24 | $174.1M | $159.1M | ||
| Q1 24 | $165.1M | $137.5M |
| Q4 25 | $191.4M | $1.9M | ||
| Q3 25 | $-4.7M | $-3.4M | ||
| Q2 25 | $-1.7M | $8.6M | ||
| Q1 25 | $-1.3M | $2.1M | ||
| Q4 24 | $-21.9M | $4.5M | ||
| Q3 24 | $-30.0M | $-1.9M | ||
| Q2 24 | $-20.2M | $27.9M | ||
| Q1 24 | $-23.3M | $7.9M |
| Q4 25 | 85.6% | 24.3% | ||
| Q3 25 | 84.7% | 25.9% | ||
| Q2 25 | 84.8% | 28.8% | ||
| Q1 25 | 84.8% | 24.1% | ||
| Q4 24 | 84.9% | 26.6% | ||
| Q3 24 | 84.0% | 27.4% | ||
| Q2 24 | 83.8% | 35.5% | ||
| Q1 24 | 84.3% | 28.7% |
| Q4 25 | 17.8% | 3.3% | ||
| Q3 25 | -3.5% | -3.5% | ||
| Q2 25 | -4.2% | 9.3% | ||
| Q1 25 | -5.3% | 4.1% | ||
| Q4 24 | -12.2% | 5.8% | ||
| Q3 24 | -20.8% | -1.7% | ||
| Q2 24 | -25.1% | 17.4% | ||
| Q1 24 | -19.5% | 8.2% |
| Q4 25 | 86.0% | 1.5% | ||
| Q3 25 | -2.2% | -4.0% | ||
| Q2 25 | -0.8% | 6.1% | ||
| Q1 25 | -0.7% | 1.8% | ||
| Q4 24 | -11.3% | 3.5% | ||
| Q3 24 | -16.1% | -2.1% | ||
| Q2 24 | -11.6% | 17.5% | ||
| Q1 24 | -14.1% | 5.7% |
| Q4 25 | $0.66 | $0.04 | ||
| Q3 25 | $-0.02 | $-0.08 | ||
| Q2 25 | $-0.01 | $0.19 | ||
| Q1 25 | $0.00 | $0.05 | ||
| Q4 24 | $-0.07 | $0.10 | ||
| Q3 24 | $-0.10 | $-0.04 | ||
| Q2 24 | $-0.07 | $0.60 | ||
| Q1 24 | $-0.08 | $0.17 |
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 | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $363.2M |
| Total Assets | $1.6B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $781.4M | $22.4M | ||
| Q3 25 | $813.2M | $18.0M | ||
| Q2 25 | $926.2M | $25.2M | ||
| Q1 25 | $995.3M | $26.7M | ||
| Q4 24 | $1.1B | $39.1M | ||
| Q3 24 | $1.1B | $35.5M | ||
| Q2 24 | $1.0B | $60.8M | ||
| Q1 24 | $1.2B | $47.4M |
| Q4 25 | $1.0B | $363.2M | ||
| Q3 25 | $851.5M | $364.4M | ||
| Q2 25 | $984.6M | $372.5M | ||
| Q1 25 | $1.1B | $366.9M | ||
| Q4 24 | $1.1B | $371.5M | ||
| Q3 24 | $1.1B | $380.0M | ||
| Q2 24 | $1.1B | $399.9M | ||
| Q1 24 | $1.1B | $376.4M |
| Q4 25 | $1.6B | $548.6M | ||
| Q3 25 | $1.4B | $554.6M | ||
| Q2 25 | $1.5B | $559.6M | ||
| Q1 25 | $1.5B | $578.9M | ||
| Q4 24 | $1.6B | $587.4M | ||
| Q3 24 | $1.6B | $571.3M | ||
| Q2 24 | $1.5B | $577.4M | ||
| Q1 24 | $1.5B | $570.6M |
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 | $27.3M |
| Free Cash FlowOCF − Capex | $60.1M | $16.3M |
| FCF MarginFCF / Revenue | 27.0% | 13.1% |
| Capex IntensityCapex / Revenue | 1.0% | 8.8% |
| Cash ConversionOCF / Net Profit | 0.33× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $236.7M | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $62.3M | $27.3M | ||
| Q3 25 | $63.5M | $-8.1M | ||
| Q2 25 | $58.6M | $40.8M | ||
| Q1 25 | $58.0M | $-9.8M | ||
| Q4 24 | $41.4M | $-7.4M | ||
| Q3 24 | $42.3M | $-30.8M | ||
| Q2 24 | $36.3M | $43.7M | ||
| Q1 24 | $40.6M | $25.2M |
| Q4 25 | $60.1M | $16.3M | ||
| Q3 25 | $61.7M | $-12.4M | ||
| Q2 25 | $58.2M | $33.5M | ||
| Q1 25 | $56.7M | $-16.1M | ||
| Q4 24 | $36.3M | $-10.7M | ||
| Q3 24 | $41.3M | $-35.5M | ||
| Q2 24 | $34.0M | $38.2M | ||
| Q1 24 | $39.9M | $7.0M |
| Q4 25 | 27.0% | 13.1% | ||
| Q3 25 | 28.7% | -14.6% | ||
| Q2 25 | 28.4% | 23.8% | ||
| Q1 25 | 28.9% | -13.9% | ||
| Q4 24 | 18.7% | -8.3% | ||
| Q3 24 | 22.1% | -40.2% | ||
| Q2 24 | 19.5% | 24.0% | ||
| Q1 24 | 24.1% | 5.1% |
| Q4 25 | 1.0% | 8.8% | ||
| Q3 25 | 0.8% | 5.0% | ||
| Q2 25 | 0.2% | 5.2% | ||
| Q1 25 | 0.7% | 5.4% | ||
| Q4 24 | 2.6% | 2.5% | ||
| Q3 24 | 0.6% | 5.3% | ||
| Q2 24 | 1.3% | 3.5% | ||
| Q1 24 | 0.4% | 13.2% |
| Q4 25 | 0.33× | 14.22× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 4.73× | ||
| Q1 25 | — | -4.68× | ||
| Q4 24 | — | -1.63× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 1.57× | ||
| Q1 24 | — | 3.20× |
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% |
SWBI
Segment breakdown not available.