The primary purpose of today's call is to provide you with information regarding our second quarter 2025 performance and our financial estimates for our third quarter and full year 2025. Such risks include, but are not limited to, our ability to sustain our growth, to innovate, to reach our long-term revenue goals, to meet customer demand, and to control costs and improve operating efficiency. Reconciliations between GAAP and non-GAAP financial measures for historical periods are included in our Earnings Release, which is available on our Investor Relations website at ir.freshworks.com. I encourage you to visit our Investor Relations site to access our Earnings Release, supplemental earnings slides, periodic SEC reports, and a replay of today's call, or to learn more about Freshworks.
We grew Q2 revenue 18% year-over-year to $204.7 million, expanded our non-GAAP operating margin to 22%, and delivered a strong adjusted free cash flow margin of 27%. Collectively, these results clearly illustrate our ability to balance strong growth with profitability. Our strategy has focused on three key growth areas: investing in Employee Experience or EX, delivering AI capabilities across our products and accelerating adoption, and driving continued expansion in Customer Experience or CX. Our first lever in this area is growth in the mid-market and enterprise, together representing more than 3/4 of ARR.
We continue to displace legacy competitors as organizations choose Freshservice because we reduce complexity, accelerate efficiency, and enable tangible growth through our AI-powered platform. The second EX growth driver and expansion lever is our enterprise service management solutions. Michaels onboarded 900 agents, migrated over three years of ticket history, and deployed Freshservice across IT, HR, and facilities to streamline incident management, asset tracking, employee journeys, and vendor risk. Our third growth driver in EX is our advanced ITAM offering with Device42.
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