HUBS on NYSE

HubSpot

Logo: HubSpot, Public domain, via Wikimedia Commons4

American software company

HubSpot, Inc. is an American customer relationship management firm and data broker.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

2006Founded1

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  • TickerHUBS on NYSE1
  • IndustrySaaS, analytics, automation, cloud computing, customer relationship management1
  • HeadquartersCambridge1
  • Websitewww.hubspot.com
  • Legal formDelaware corporation, corporation1
  • Incorporated inNY5
  • Business address2 Canal Park, Cambridge, Ma 021415
  • Filer categoryLarge accelerated filer5

HubSpot, Inc. is an American customer relationship management firm and data broker. It is headquartered in Cambridge, Massachusetts.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

83.8%Gross margin7
0.2%Operating margin7
1.5%Net margin7
19.2%Revenue growth, 20257
2.2%Return on equity7
$707.6MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Subscription and Circulation brought in 98% of the revenue HubSpot broke down this way in fiscal 2025.

  1. Subscription and Circulation$3.1B798%up 19% from 2024
  2. Service$67.3M72%up 16% from 2024
Products and services by year
Products and services202320242025
Subscription and Circulation$2.1B$2.6B$3.1B
Service$46.8M$58.0M$67.3M

Regions

Americas brought in 60% of the revenue HubSpot broke down this way in fiscal 2025.

  1. Americas$1.9B760%up 18% from 2024
  2. Europe$1.0B732%up 22% from 2024
  3. Asia Pacific$248.1M78%up 16% from 2024
Regions by year
Regions202320242025
Americas$1.3B$1.6B$1.9B
Europe$668.3M$825.6M$1.0B
Asia Pacific$180.4M$213.1M$248.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue16¢$508.5M
  • Research and development29¢$905.9M
  • Other costs53¢$1.6B
  • Income tax1¢$23.6M
  • Profit1¢$45.9M

Out of $3.1B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending7¢$53.2M
  • Share buybacks66¢$500.0M
  • Kept or used elsewhere27¢$207.5M

Out of $760.7M of cash from operations.7

Financial statements

Revenue8910117$3.1B in 2025+364% since 2019
0$1.0B$2.0B$3.0B$4.0B2019: $674.9M$674.9M20192020: $883.0M$883.0M2020+31%2021: $1.3B$1.3B2021+47%2022: $1.7B$1.7B2022+33%2023: $2.2B$2.2B2023+25%2024: $2.6B$2.6B2024+21%2025: $3.1B$3.1B2025+19%
Gross profit8910117$2.6B in 2025+381% since 2019
0$1.0B$2.0B$3.0B2019: $544.9M$544.9M20192020: $716.1M$716.1M2020+31%2021: $1.0B$1.0B2021+45%2022: $1.4B$1.4B2022+37%2023: $1.8B$1.8B2023+29%2024: $2.2B$2.2B2024+22%2025: $2.6B$2.6B2025+17%
Operating income8910117$7.4M in 2025
-$300.0M-$200.0M-$100.0M0$100.0M2019: -$47.0M-$47.0M20192020: -$50.8M-$50.8M2020+8%2021: -$54.8M-$54.8M2021+8%2022: -$102.9M-$102.9M2022+88%2023: -$200.9M-$200.9M2023+95%2024: -$67.6M-$67.6M2024−66%2025: $7.4M$7.4M2025
Net income8910117$45.9M in 2025
-$200.0M-$100.0M0$100.0M2019: -$53.7M-$53.7M20192020: -$85.0M-$85.0M2020+58%2021: -$77.8M-$77.8M2021−8%2022: -$107.3M-$107.3M2022+38%2023: -$164.5M-$164.5M2023+53%2024: $4.6M$4.6M20242025: $45.9M$45.9M2025+892%

Every line of the income statement in the latest annual report, as filed.7

Period ending2025-12-312024-12-312023-12-31
Total revenue$3.1B$2.6B$2.2B
Total cost of revenue$508.5M$393.3M$338.4M
Gross profit$2.6B$2.2B$1.8B
Research and development$905.9M$778.7M$617.7M
Sales and marketing$1.4B$1.2B$1.1B
General and administrative$326.0M$300.3M$249.6M
Restructuring$4.0M$4.0M$96.8M
Total operating expenses$2.6B$2.3B$2.0B
Income (loss) from operations$7.4M-$67.6M-$200.9M
Interest income$66.2M$82.7M$58.8M
Interest expense-$876.0K-$3.7M-$3.8M
Other (expense) income, net-$3.3M$17.3M-$4.7M
Total other income$62.1M$96.3M$50.4M
Income (loss) before income tax expense$69.5M$28.7M-$150.6M
Income tax expense-$23.6M-$24.0M-$13.9M
Net income (loss)$45.9M$4.6M-$164.5M
Net income (loss) per share, basic$0.88$0.09-$3.30
Net income (loss) per share, diluted$0.86$0.09-$3.30
Weighted average common shares used in computing basic net income (loss) per share:52.5M shares51.2M shares49.9M shares
Weighted average common shares used in computing diluted net income (loss) per share:53.2M shares51.8M shares49.9M shares

Compare HubSpot with another company

The story

Founded by Brian Halligan and Dharmesh Shah in 2006.1

In 2010, HubSpot acquired Oneforty, the Twitter app store founded by Laura Fitton. The company also introduced new software for personalizing websites for each visitor. According to Forbes, HubSpot started out targeting small companies but "moved steadily upmarket to serve larger businesses of up to 1000 employees."

HubSpot filed for an IPO with the Securities and Exchange Commission on August 25, 2014, requesting to be listed on the New York Stock Exchange under the ticker symbol HUBS.

In July 2017, HubSpot acquired Kemvi, which applies artificial intelligence and machine learning to help sales teams.

On January 31, 2023, HubSpot announced the first layoffs in the company's history. Affecting approximately 500 employees, this layoff eliminated 7% of its total workforce. On the same day, HubSpot also announced plans to restructure its Cambridge campus, centralizing operations within a nearby office the company had already been leasing.

Hubspot announced its acquisition of B2B intelligence firm Clearbit in November 2023. Later that year in September, HubSpot announced the launch of HubSpot AI, an AI-powered service for marketing, sales and service departments, and the relaunch of Sales Hub.

In April 2024, Reuters reported that Google was considering a bid to acquire HubSpot. The report led to shares of the company spiking by 5%. This news garnered a mixed response from industry leaders and users, 48% said they would be triggered to consider alternative software. In July, it was reported that Google had given up on its effort to acquire the company.

In December, 2024, HubSpot acquired Frame AI.

In November 2025, the company acquired XFunnel, an Israeli startup developing tools for AI-driven search and "answer engine" optimization.

Read the full text

In February 2026, HubSpot acquired the creator-led entrepreneurship publication Starter Story.

From Wikipedia’s article on HubSpot, shared under CC BY-SA 4.0.6

Leadership

Who has led HubSpot, and when. Pick a name to see everywhere that person has worked.

2010201520202025

Products and brands

  • Net Promoter Score
  • Sales development
  • Sales software
  • analytics
  • application programming interface
  • artificial intelligence
  • automation technology
  • business-to-business
  • cloud computing
  • content creation
  • customer data platform
  • customer relationship management software
  • customer retention
  • data visualization software
  • e-commerce
  • email marketing
  • enterprise resource planning
  • lead generation
  • live chat
  • marketing automation
  • top-line growth
  • web application

Listed on Wikidata.1

Subsidiaries and ownership

Also owns

  • Cacheflow
  • Dashworks
  • Frame AI
  • Mindstream
  • PieSync
  • The Hustle
  • clearbit

From Wikidata.1

Employees over time

  • 20248,2461

Timeline

  1. Sep 7, 2021New chief executive Yamini Rangan becomes CEO1
  2. 2006Founded Founded1

Recent filings

  1. Oct 13, 2026SCHEDULE 13G
  2. Oct 9, 20268-K
  3. Oct 6, 20268-K
  4. Oct 5, 2026SCHEDULE 13G/A
  5. Oct 5, 20264
  6. Oct 5, 20264
  7. Oct 5, 20264
  8. Oct 5, 20264
  9. Sep 17, 20264
  10. Sep 15, 2026144
  11. Sep 2, 20264
  12. Sep 2, 20264
  13. Sep 2, 20264
  14. Sep 2, 20264
  15. Sep 2, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2