HUBS
HubSpot Inc
NYSE: HUBS · TECHNOLOGY · SOFTWARE - APPLICATION
$227.25
+0.57% today
Updated 2026-04-29
Market cap
$11.70B
P/E ratio
264.24
P/S ratio
3.74x
EPS (TTM)
$0.86
Dividend yield
—
52W range
$187 – $683
Volume
1.5M
HubSpot Inc (HUBS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $28.55M | $51.60M | $77.63M | $115.88M | $181.94M | $270.97M | $375.61M | $512.98M | $674.86M | $883.03M | $1.30B | $1.73B | $2.17B | $2.63B | $3.13B |
| Revenue growth (YoY) | — | +80.7% | +50.4% | +49.3% | +57.0% | +48.9% | +38.6% | +36.6% | +31.6% | +30.8% | +47.3% | +33.1% | +25.4% | +21.1% | +19.2% |
| Cost of revenue | $12.08M | $16.84M | $27.50M | $35.08M | $47.92M | $61.87M | $75.73M | $100.36M | $129.96M | $166.96M | $258.86M | $308.02M | $338.36M | $393.26M | $508.49M |
| Gross profit | $16.47M | $34.77M | $50.13M | $80.80M | $134.02M | $209.10M | $299.88M | $412.62M | $544.90M | $716.07M | $1.04B | $1.42B | $1.83B | $2.23B | $2.62B |
| Gross margin | 57.7% | 67.4% | 64.6% | 69.7% | 73.7% | 77.2% | 79.8% | 80.4% | 80.7% | 81.1% | 80.1% | 82.2% | 84.4% | 85.0% | 83.8% |
| R&D | $10.03M | $10.59M | $15.02M | $25.64M | $32.46M | $46.00M | $70.37M | $117.60M | $158.24M | $205.59M | $301.97M | $442.02M | $617.75M | $778.71M | $905.94M |
| SG&A | $6.77M | $7.97M | $14.67M | $22.96M | $35.41M | $45.12M | $56.79M | $75.83M | $92.97M | $109.22M | $144.95M | $197.72M | $249.65M | $300.33M | $326.05M |
| Operating income | $-24.41M | $-18.74M | $-34.25M | $-48.61M | $-46.47M | $-44.66M | $-40.14M | $-48.26M | $-46.99M | $-50.83M | $-54.80M | $-102.86M | $-200.93M | $-67.60M | $11.39M |
| Operating margin | -85.5% | -36.3% | -44.1% | -41.9% | -25.5% | -16.5% | -10.7% | -9.4% | -7.0% | -5.8% | -4.2% | -5.9% | -9.3% | -2.6% | 0.4% |
| EBITDA | $-22.49M | $-15.98M | $-29.78M | $-42.28M | $-38.11M | $-33.59M | $-21.07M | $-17.15M | $838000.00 | $-6.71M | $1.62M | $-36.54M | $-74.10M | $129.23M | $175.89M |
| EBITDA margin | -78.8% | -31.0% | -38.4% | -36.5% | -20.9% | -12.4% | -5.6% | -3.3% | 0.1% | -0.8% | 0.1% | -2.1% | -3.4% | 4.9% | 5.6% |
| EBIT | $-24.38M | $-18.71M | $-34.25M | $-48.00M | $-45.46M | $-44.76M | $-36.86M | $-40.57M | $-27.95M | $-43.77M | $-43.54M | $-94.69M | $-146.77M | $32.40M | $11.39M |
| Interest expense | $30000.00 | $63000.00 | $20000.00 | $322000.00 | $185000.00 | $265000.00 | $13.18M | $21.39M | $22.82M | $37.05M | $30.28M | $3.76M | $3.80M | $3.72M | $876000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-24.41M | $-18.78M | $-34.27M | $-48.23M | $-46.05M | $-45.56M | $-39.71M | $-63.83M | $-53.75M | $-85.03M | $-77.84M | $-107.35M | $-164.51M | $4.63M | $45.91M |
| Net income growth (YoY) | — | +23.1% | -82.5% | -40.7% | +4.5% | +1.1% | +12.8% | -60.7% | +15.8% | -58.2% | +8.5% | -37.9% | -53.3% | +102.8% | +892.0% |
| Profit margin | -85.5% | -36.4% | -44.1% | -41.6% | -25.3% | -16.8% | -10.6% | -12.4% | -8.0% | -9.6% | -6.0% | -6.2% | -7.6% | 0.2% | 1.5% |