FRSH
Freshworks Inc.
FRSH offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT
Microsoft Corporation
MSFT has the edge over FRSH overall, supported by lower modeled downside and stronger valuation.
FRSH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
FRSH's revenue, profitability, cash flow and balance sheet are all currently healthy.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
FRSH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 13x | $9.39 | -26% |
| Forward | 15x | $12.67 | — |
| Fair | 16x | $11.78 | -7.1% |
| Current | 18x | $12.67 | — |
| Expensive | 20x | $14.57 | +15% |
Historical ranges are pointers, not guarantees.
FRSH's PE is 18x, but its earnings don't support one, so it isn't a reliable read right now.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT has the edge over FRSH in the historical PE scenario, which offers more potential upside but is not a forecast.
FRSH Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
FRSH has the edge over MSFT on the outlook, with more favorable profitability expectations.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
FRSH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.84 | +17% |
| Q3 2026 | $0.72 | +$0.82 |
| Q2 2026 | $0.63 | +$0.81 |
| Q1 2026 | $0.61 | +$0.85 |
| Q4 2025 | $0.63 | +$0.95 |
| Q3 2025 | -$0.10 | +$0.24 |
| Q2 2025 | -$0.18 | +$0.17 |
| Q1 2025 | -$0.24 | +$0.16 |
| Q4 2024 | -$0.32 | +$0.15 |
FRSH has returned to profit: it earned $0.72 per share over the past year, after losing money the year before.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT's earnings per share have climbed steadily: $19.15 over the past year, up 36% from the year before, and higher year over year for 14 quarters in a row.
FRSH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $245.4M | +14% |
| Q2 2026 | $237.4M | +16% |
| Q1 2026 | $228.6M | +16% |
| Q4 2025 | $222.7M | +14% |
| Q3 2025 | $215.1M | +15% |
| Q2 2025 | $204.7M | +18% |
| Q1 2025 | $196.3M | +19% |
| Q4 2024 | $194.6M | +22% |
FRSH's revenue has grown year over year every quarter since late 2020: $245M last quarter, up 14% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 12% | +15 points |
| Q2 2026 | 2.5% | +6.8 points |
| Q1 2026 | -3.5% | +1.8 points |
| Q4 2025 | 18% | +30 points |
| Q3 2025 | -3.5% | +17 points |
| Q2 2025 | -4.2% | +21 points |
| Q1 2025 | -5.3% | +14 points |
| Q4 2024 | -12% | +13 points |
FRSH's operating margin was 12% last quarter, up 15 points from the same quarter a year ago.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT has the edge over FRSH on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over FRSH on profitability, with a higher operating margin.
FRSH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $74.9M | +21% |
| Q2 2026 | $53.5M | -8.1% |
| Q1 2026 | $58.5M | +3.2% |
| Q4 2025 | $60.1M | +66% |
| Q3 2025 | $61.7M | +49% |
| Q2 2025 | $58.2M | +71% |
| Q1 2025 | $56.7M | +42% |
| Q4 2024 | $36.3M | +22% |
FRSH has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
FRSH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.4% | -6.6M shares |
| 1 year | -6.9% | -19.8M shares |
| 3 years | -9.4% | -27.8M shares |
| 5 years | +5.3% | +13.5M shares |
| Available history | +1468% | +249M shares |
FRSH has the edge over MSFT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $27.2M |
| Q2 2026 | $159M |
| Q1 2026 | $48.4M |
| Q4 2025 | — |
| Q3 2025 | $159.1M |
| Q2 2025 | $113.6M |
| Q1 2025 | $113.6M |
| Q2 2021 | — |
FRSH spent $235M buying back its own shares over the past year.
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has 7.4B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
FRSH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.8x | Net Cash |
| Q2 2026 | -8.3x | Net Cash |
| Q1 2026 | -12.8x | Net Cash |
| Q4 2025 | -14.6x | Net Cash |
| Q2 2021 | -122.9x | Net Cash |
| Q1 2021 | -101.8x | Net Cash |
| Q1 2019 | 6.2x | High |
FRSH has the edge over MSFT on leverage, with a lower net debt burden relative to earnings.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
FRSH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.8 | Neutral |
| Stochastic | 46.5 | Neutral |
FRSH's weekly RSI is 53 (neutral) and its Stochastic is 47 (neutral).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
FRSH PE vs Technology Sector
| Metric | FRSH | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 28x | 37% below |
| PE % | 62 | 45 | 17 pts above |
FRSH has the edge over MSFT on valuation relative to its sector.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT is trading at 27x earnings, in line with the Technology sector's median of 28x.
FRSH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $13.5 | 6.1% below |
| 20 week MA | $12.5 | 1.6% above |
| 50 week MA | $10.8 | 18% above |
| 100 week MA | $12.5 | 1.4% above |
| 200 week MA | $14.5 | 13% below |
FRSH's trend is mixed: it's above three of its five weekly moving averages, and 13% below its 200-week average.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT has the edge over FRSH on trend strength, trading above more of its moving averages.
FRSH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $46.8 | $27.9 | -40% |
| 2022 | $27.9 | $13.8 | -50% |
| 2023 | $13.8 | $23.5 | +70% |
| 2024 | $23.5 | $15.9 | -32% |
| 2025 | $15.9 | $12.4 | -22% |
| 2026 YTD | $12.4 | $12.7 | +2.2% |
FRSH has finished lower in four of the last five years. It's up 2.2% so far in 2026.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has the edge over FRSH on returns for 2026, with the stronger performance.