Fresh Factory swings to Q1 FY26 net loss of USD 0.9 million; revenue rises 17% to USD 12.5 million YoY

Freshworks, Inc. Class A

Freshworks, Inc. Class A

FRSH

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  • The Fresh Factory posted record billed revenue of USD 12.5 million in Q1 2026, up 17% year over year.
  • Net results swung to a loss of USD 0.9 million from profit, on higher facility and utility costs tied to the new site ramp-up.
  • Adjusted EBITDA slipped to USD 0.5 million from USD 1.1 million, reflecting added costs at the new plant and wind-down expenses.
  • Production climbed 47.5% to 14,900,000 packaged units as the company completed a 154,000-square-foot Chicago-area facility retrofit and started operations.
  • CEO Bill Besenhofer said the new plant boosts capacity and flexibility, with cost pressures expected to ease through Q2 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Fresh Factory BC Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605291700ACCESSWRNAPR_____1171839) on May 29, 2026, and is solely responsible for the information contained therein.

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