HUBSPOT INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.1B | $2.6B | $2.2B | $1.7B | $1.3B |
| Cost of revenue | $508.5M | $393.3M | $338.4M | $308.0M | $258.9M |
| Gross profit | $2.6B | $2.2B | $1.8B | $1.4B | $1.0B |
| Research and development | $905.9M | $778.7M | $617.7M | $442.0M | $302.0M |
| Operating expenses | $2.6B | $2.3B | $2.0B | $1.5B | $1.1B |
| Operating income | $7.4M | -$67.6M | -$200.9M | -$102.9M | -$54.8M |
| Interest expense | $876,000 | $3.7M | $3.8M | $3.8M | $30.3M |
| Pretax income | $69.5M | $28.7M | -$150.6M | -$98.5M | -$73.8M |
| Income tax expense | $23.6M | $24.0M | $13.9M | $8.9M | $4.0M |
| Net income | $45.9M | $4.6M | -$164.5M | -$107.3M | -$77.8M |
| Balance Sheet | |||||
| Cash and equivalents | $882.2M | $512.7M | $388.0M | $331.0M | $377.0M |
| Current assets | $2.4B | $2.6B | $1.9B | $1.8B | $1.5B |
| Total assets | $3.9B | $3.8B | $3.1B | $2.5B | $2.2B |
| Current liabilities | $1.5B | $1.6B | $942.0M | $754.5M | $617.5M |
| Total liabilities | $1.8B | $1.9B | $1.7B | $1.6B | $1.3B |
| Stockholders' equity | $2.1B | $1.9B | $1.3B | $994.7M | $870.9M |
| Cash Flow Statement | |||||
| Cash from operations | $760.7M | $598.6M | $351.0M | $273.2M | $238.7M |
| Depreciation and amortization | $136.3M | $96.8M | $72.7M | $58.1M | $45.2M |
| Stock-based compensation | $528.2M | $504.8M | $432.3M | $275.8M | $166.8M |
| Capital expenditure | $53.2M | $37.9M | $33.7M | $37.4M | $28.7M |
| Free cash flow | $707.6M | $560.7M | $317.3M | $235.7M | $210.0M |
| Share repurchases | $500.0M | — | — | — | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 51.2M · Free float 100.0%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.