Freshworks Inc. (NASDAQ: FRSH) has announced a new $400 million share repurchase program, demonstrating confidence in the company's long-term strategy, durable growth, and disciplined capital allocation. The CEO & President, Dennis Woodside, highlighted that the company achieved GAAP profitability in 2025 and generated over $223 million in free cash flow, nearly tripling from 2023. Additionally, the company reported $0.76 per weighted average diluted share, also nearly tripling from 2023.
Freshworks plans to repurchase shares it believes the market substantially undervalues while retaining sufficient cash to invest in future top-line and bottom-line growth. The company may execute repurchases through open market transactions, privately negotiated transactions, and/or other compliant means. The timing, manner, price, and amount of any repurchases will be determined at the company's discretion, based on various factors including business, economic and market conditions, prevailing stock prices, corporate and regulatory requirements, and other considerations.
Freshworks Inc. is known for building uncomplicated service software that delivers exceptional employee and customer experiences. Its enterprise-grade solutions are powerful, easy to use, and quick to deliver results. The company's people-first approach to AI aims to eliminate friction, making employees more effective and organizations more efficient. Notably, nearly 75,000 companies, including Bridgestone, New Balance, Nucor, S&P Global, and Sony Music, trust Freshworks' employee experience (EX) and customer experience (CX) software to eliminate complexity and increase productivity, loyalty, and growth. Today the company's shares have moved -2.21% to a price of $11.09. If you want to know more, read the company's complete 8-K report here.
