India, July 30 -- Nasdaq-listed homegrown SaaS major Freshworks trimmed its consolidated net loss by 91.4% to $1.7 Mn in the second quarter of the calendar year 2025 (Q2 2025) from $20.2 Mn in the previous year, on the back of a consistent rise in customer adoption and operating efficiency due to AI.
However, the company's net loss widened by 33.3% from $1.3 Mn on a sequential basis.
Revenue jumped 17.5% to $204.7 Mn during the quarter under review from $174.1 Mn in Q2 2024. On a quarterly basis, it grew by 4.3% from $194.6 Mn.
The SaaS company said the number of customers continued to contribute more than $5,000 in annual recurring revenue (ARR), an increase of 10% year-over-year (YoY) to 23,975 in the second quarter.
As per Freshwor...
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