HubSpot, Inc. (HUBS) — Financial statements
Income statement, balance sheet, and cash flow for HubSpot, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,131↑19.2% | 2,628↑21.1% | 2,170↑25.4% | 1,731↑33.1% | 1,301 | |
| Cost of Revenue | 508↑29.3% | 393↑16.2% | 338↑9.9% | 308↑19.0% | 259 | |
| Gross Profit | 2,623↑17.4% | 2,234↑22.0% | 1,832↑28.7% | 1,423↑36.6% | 1,042 | |
| Operating Expenses | ||||||
| R&D Expenses | 906↑16.3% | 779↑26.1% | 618↑39.8% | 442↑46.4% | 302 | |
| General & Administrative Expenses | 326↑8.6% | 300↑20.3% | 250↑26.3% | 198↑36.4% | 145 | |
| Selling & Marketing Expenses | 1,379↑13.2% | 1,219↑14.1% | 1,069↑20.6% | 886↑36.4% | 650 | |
| SG&A Expenses | 1,705↑12.3% | 1,519↑15.2% | 1,318↑21.6% | 1,084↑36.4% | 795 | |
| Other Expenses | 0.00↓100.0% | 4↓95.9% | 97 | 0.00 | 0.00 | |
| Operating Expenses | 2,611↑13.4% | 2,302↑13.2% | 2,033↑33.2% | 1,526↑39.1% | 1,097 | |
| Total Costs & Expenses | 3,120↑15.8% | 2,695↑13.7% | 2,371↑29.3% | 1,834↑35.3% | 1,355 | |
| Operating Results | ||||||
| Operating Income | 11↑116.9% | -68↑66.4% | -201↓95.3% | -103↓87.7% | -55 | |
| Depreciation & Amortization | 165↑69.9% | 97↑33.2% | 73↑25.0% | 58↑28.8% | 45 | |
| EBITDA | 176↑36.1% | 129↑274.4% | -74↓102.8% | -37↓2351.4% | 2 | |
| EBIT | 11↓64.8% | 32↑122.1% | -147↓55.0% | -95↓117.5% | -44 | |
| Interest & Other Income | ||||||
| Net Interest Income | 65↓17.3% | 79↑43.5% | 55↑389.7% | 11↑138.6% | -29 | |
| Interest Income | 66↓19.9% | 83↑40.6% | 59↑292.2% | 15↑1178.8% | 1 | |
| Interest Expense | 0.88↓76.5% | 4↓2.1% | 4↑1.0% | 4↓87.6% | 30 | |
| Non-Operating Income | 0.00↑100.0% | -100↓84.7% | -54↓562.8% | -8↑27.5% | -11 | |
| Other Income / Expenses | 58↓39.7% | 96↑91.2% | 50↑1042.1% | 4↑123.2% | -19 | |
| Income Before Tax | 69↑142.2% | 29↑119.0% | -151↓52.9% | -98↓33.4% | -74 | |
| Income Tax Expense | 24↓2.1% | 24↑72.6% | 14↑56.7% | 9↑121.3% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 46↑892.0% | 5↑102.8% | -165↓53.3% | -107↓37.9% | -78 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 46↑892.0% | 5↑102.8% | -165↓53.3% | -107↓37.9% | -78 | |
| Bottom-Line Net Income | 46↑892.0% | 5↑102.8% | -165↓53.3% | -107↓37.9% | -78 | |
| EPS (Basic) | 0.88↑877.8% | 0.09↑102.7% | -3.30↓40.4% | -2.35↓41.6% | -1.66 | |
| EPS (Diluted) | 0.86↑863.0% | 0.09↑102.7% | -3.30↓40.4% | -2.35↓41.6% | -1.66 | |
| Weighted Average Shares | 52↑2.5% | 51↑2.6% | 50↑3.8% | 48↑2.5% | 47 | |
| Weighted Average Diluted Shares | 53↑2.7% | 52↑3.9% | 50↑3.8% | 48↑2.5% | 47 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.