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Side-by-side financial comparison of Freshworks Inc. (FRSH) and W. P. Carey Inc. (WPC). Click either name above to swap in a different company.

W. P. Carey Inc. is the larger business by last-quarter revenue ($444.5M vs $228.6M, roughly 1.9× Freshworks Inc.). W. P. Carey Inc. runs the higher net margin — 33.4% vs -2.1%, a 35.5% gap on every dollar of revenue. On growth, Freshworks Inc. posted the faster year-over-year revenue change (16.5% vs 9.4%). Over the past eight quarters, Freshworks Inc.'s revenue compounded faster (14.6% CAGR vs 6.8%).

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.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

FRSH vs WPC — Head-to-Head

Bigger by revenue
WPC
WPC
1.9× larger
WPC
$444.5M
$228.6M
FRSH
Growing faster (revenue YoY)
FRSH
FRSH
+7.0% gap
FRSH
16.5%
9.4%
WPC
Higher net margin
WPC
WPC
35.5% more per $
WPC
33.4%
-2.1%
FRSH
Faster 2-yr revenue CAGR
FRSH
FRSH
Annualised
FRSH
14.6%
6.8%
WPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FRSH
FRSH
WPC
WPC
Revenue
$228.6M
$444.5M
Net Profit
$-4.8M
$148.3M
Gross Margin
84.8%
Operating Margin
11.6%
34.5%
Net Margin
-2.1%
33.4%
Revenue YoY
16.5%
9.4%
Net Profit YoY
-268.9%
215.4%
EPS (diluted)
$-0.02

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
WPC
WPC
Q1 26
$228.6M
Q4 25
$222.7M
$444.5M
Q3 25
$215.1M
$431.3M
Q2 25
$204.7M
$430.8M
Q1 25
$196.3M
$409.9M
Q4 24
$194.6M
$406.2M
Q3 24
$186.6M
$397.4M
Q2 24
$174.1M
$389.7M
Net Profit
FRSH
FRSH
WPC
WPC
Q1 26
$-4.8M
Q4 25
$191.4M
$148.3M
Q3 25
$-4.7M
$141.0M
Q2 25
$-1.7M
$51.2M
Q1 25
$-1.3M
$125.8M
Q4 24
$-21.9M
$47.0M
Q3 24
$-30.0M
$111.7M
Q2 24
$-20.2M
$142.9M
Gross Margin
FRSH
FRSH
WPC
WPC
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%
Operating Margin
FRSH
FRSH
WPC
WPC
Q1 26
11.6%
Q4 25
17.8%
34.5%
Q3 25
-3.5%
34.7%
Q2 25
-4.2%
15.0%
Q1 25
-5.3%
33.5%
Q4 24
-12.2%
13.5%
Q3 24
-20.8%
30.4%
Q2 24
-25.1%
38.3%
Net Margin
FRSH
FRSH
WPC
WPC
Q1 26
-2.1%
Q4 25
86.0%
33.4%
Q3 25
-2.2%
32.7%
Q2 25
-0.8%
11.9%
Q1 25
-0.7%
30.7%
Q4 24
-11.3%
11.6%
Q3 24
-16.1%
28.1%
Q2 24
-11.6%
36.7%
EPS (diluted)
FRSH
FRSH
WPC
WPC
Q1 26
$-0.02
Q4 25
$0.66
Q3 25
$-0.02
Q2 25
$-0.01
Q1 25
$0.00
Q4 24
$-0.07
Q3 24
$-0.10
Q2 24
$-0.07

Balance Sheet & Financial Strength

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

Metric
FRSH
FRSH
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$548.2M
$155.3M
Total DebtLower is stronger
$8.7B
Stockholders' EquityBook value
$1.0B
$8.1B
Total Assets
$1.6B
$18.0B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRSH
FRSH
WPC
WPC
Q1 26
$548.2M
Q4 25
$781.4M
$155.3M
Q3 25
$813.2M
$249.0M
Q2 25
$926.2M
$244.8M
Q1 25
$995.3M
$187.8M
Q4 24
$1.1B
$640.4M
Q3 24
$1.1B
$818.2M
Q2 24
$1.0B
$1.1B
Total Debt
FRSH
FRSH
WPC
WPC
Q1 26
Q4 25
$8.7B
Q3 25
$8.7B
Q2 25
$8.6B
Q1 25
$7.9B
Q4 24
$8.0B
Q3 24
$8.0B
Q2 24
$8.1B
Stockholders' Equity
FRSH
FRSH
WPC
WPC
Q1 26
$1.0B
Q4 25
$1.0B
$8.1B
Q3 25
$851.5M
$8.2B
Q2 25
$984.6M
$8.2B
Q1 25
$1.1B
$8.4B
Q4 24
$1.1B
$8.4B
Q3 24
$1.1B
$8.6B
Q2 24
$1.1B
$8.6B
Total Assets
FRSH
FRSH
WPC
WPC
Q1 26
$1.6B
Q4 25
$1.6B
$18.0B
Q3 25
$1.4B
$18.0B
Q2 25
$1.5B
$18.0B
Q1 25
$1.5B
$17.3B
Q4 24
$1.6B
$17.5B
Q3 24
$1.6B
$17.6B
Q2 24
$1.5B
$17.8B
Debt / Equity
FRSH
FRSH
WPC
WPC
Q1 26
Q4 25
1.07×
Q3 25
1.06×
Q2 25
1.05×
Q1 25
0.94×
Q4 24
0.95×
Q3 24
0.93×
Q2 24
0.94×

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
WPC
WPC
Operating Cash FlowLast quarter
$62.4M
$304.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRSH
FRSH
WPC
WPC
Q1 26
$62.4M
Q4 25
$62.3M
$304.6M
Q3 25
$63.5M
$300.5M
Q2 25
$58.6M
$404.0M
Q1 25
$58.0M
$273.2M
Q4 24
$41.4M
$296.3M
Q3 24
$42.3M
$280.2M
Q2 24
$36.3M
$221.0M
Free Cash Flow
FRSH
FRSH
WPC
WPC
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
FCF Margin
FRSH
FRSH
WPC
WPC
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%
Capex Intensity
FRSH
FRSH
WPC
WPC
Q1 26
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%
Cash Conversion
FRSH
FRSH
WPC
WPC
Q1 26
Q4 25
0.33×
2.05×
Q3 25
2.13×
Q2 25
7.89×
Q1 25
2.17×
Q4 24
6.30×
Q3 24
2.51×
Q2 24
1.55×

Financial Flow Comparison

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

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