| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | 3 | — | — | 1 | — |
| Sell | 3 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 2 | 1 |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 1,388.23 | 2,069.50 | 1,703.79 | 1,337.94 |
| Receivables | 295.30 | 334.83 | 419.15 | 378.36 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 1,871.54 | 2,633.60 | 2,449.74 | 2,127.49 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 9.11 | 3.65 | 24.76 | 25.98 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 942.01 | 1,573.40 | 1,467.47 | 1,543.65 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 881.00 | 911.74 | — | — |
—
|
| ’25 | 714.14 | 760.87 | 809.52 | 846.75 |
3,131.27
|
| ’24 | 617.41 | 637.23 | 669.72 | 703.18 |
2,627.54
|
| ’23 | 501.62 | 529.14 | 557.56 | 581.91 |
2,170.23
|
| ’22 | 395.60 | 421.76 | 443.96 | 469.66 |
1,730.97
|
| ’21 | 281.37 | 310.79 | 339.20 | 369.31 |
1,300.66
|
| ’20 | 198.97 | 203.61 | 228.39 | 252.07 |
883.03
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 198.83 | 222.76 | — | — |
—
|
| ’25 | 161.57 | 164.36 | 187.36 | 247.43 |
760.72
|
| ’24 | 127.09 | 117.83 | 159.54 | 194.14 |
598.60
|
| ’23 | 81.07 | 76.54 | 89.05 | 104.31 |
350.97
|
| ’22 | 82.23 | 40.92 | 60.06 | 89.97 |
273.17
|
| ’21 | 62.70 | 38.19 | 42.65 | 95.18 |
238.73
|
| ’20 | 23.01 | (33.69) | 38.67 | 60.93 |
88.91
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 148.54 | 163.15 | — | — |
—
|
| ’25 | 117.80 | 112.65 | 142.49 | 203.72 |
576.65
|
| ’24 | 99.57 | 88.19 | 124.77 | 157.27 |
469.79
|
| ’23 | 62.64 | 49.19 | 60.51 | 78.38 |
250.72
|
| ’22 | 62.56 | 12.38 | 35.53 | 70.93 |
181.40
|
| ’21 | 51.39 | 22.33 | 26.78 | 76.36 |
176.86
|
| ’20 | 7.14 | (47.88) | 25.33 | 45.45 |
30.04
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.62 | 0.86 | — | — |
—
|
| ’25 | (0.42) | (0.06) | 0.31 | 1.04 |
0.86
|
| ’24 | 0.12 | (0.28) | 0.16 | 0.09 |
0.09
|
| ’23 | (0.78) | (2.39) | (0.11) | (0.27) |
(3.53)
|
| ’22 | (0.20) | (1.18) | (0.65) | (0.32) |
(2.35)
|
| ’21 | (0.50) | (0.53) | (0.29) | (0.35) |
(1.66)
|
| ’20 | (0.41) | (0.67) | (0.49) | (0.34) |
(1.90)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 245.03 | 267.99 | 434.84 | 344.41 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 659.24 | 593.53 | 762.47 | 881.13 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,433 | 7,663 | 8,246 | 8,882 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.23 | 0.28 | 0.32 | 0.35 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,730.97 | 2,170.23 | 2,627.54 | 3,131.27 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 82.21% | 84.41% | 85.03% | 83.76% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (98.45) | (150.57) | 28.68 | 69.46 | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (5.69%) | (6.94%) | 1.09% | 2.22% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (107.35) | (164.51) | 4.63 | 45.91 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 51.05 | 31.75 | 47.16 | 96.40 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 36.01 | 43.51 | 51.34 | 59.69 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | (2.35) | (3.53) | 0.09 | 0.88 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.68 | 7.04 | 11.70 | 14.50 | ‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.91) | (2.01) | (2.52) | (3.51) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.77 | 5.03 | 9.18 | 10.99 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 20.64 | 26.75 | 37.29 | 39.39 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 48.07 | 49.88 | 51.18 | 52.46 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 0.00 | 6,967.70 | 461.26 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.05 | 12.59 | 13.57 | 6.72 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.04 | 20.48 | 18.69 | 10.19 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.52 | 12.18 | 12.97 | 6.33 | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 71.72 | 109.77 | 72.56 | 34.47 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 273.17 | 350.97 | 598.60 | 760.72 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (91.77) | (100.25) | (128.81) | (184.06) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 181.40 | 250.72 | 469.79 | 576.65 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 992.95 | 929.53 | 1,060.20 | 982.26 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 490.23 | 456.21 | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (922.46) | (932.03) | (2,069.49) | (1,703.79) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 992.22 | 1,334.35 | 1,908.29 | 2,066.24 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.55%) | (5.86%) | 0.13% | 1.20% | ‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (92.15%) | (31.21%) | 0.00% | 1.27% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (11.51%) | (14.14%) | 0.29% | 2.31% | ‡‡‡‡‡ | — | — |
ROE
|
HubSpot (HUBS) has delivered explosive revenue growth, compounding at 28% CAGR from $271 million in 2016 to $2.63 billion in 2024, driven by CRM expansion and AI integrations, with revenue per employee doubling to $319,000 amid operational leverage. Profitability has pivoted sharply: after cumulative losses exceeding $700 million, 2024 marked $46 million net income, $9.18 FCF per share (up 83% YoY), and ROE surging to 23% projected for 2025. Gross margins hover near 84-85%, supporting forecasts of $3.13 billion revenue in 2025 (19% growth), decelerating to 16% by 2028.
Yet, the stock trades at a discount to fundamentals—down 70% from 2024 highs near recent lows, with forward EV/Sales compressing to 6x versus 23x peaks—despite analyst targets implying up to 162% upside on EPS exploding from $0.09 to $7.16 by 2028. Insider caution flags risks: $66 million in sells through 2026, zero buys, echoing pre-correction patterns in peers like Zoom.
This data signals a maturing cash machine in a consolidating CRM market, potentially undervalued at current levels if execution holds amid AI competition and macro pressures—prime for dips, but patience advised. Dive into the full analysis for quantitative models and historical parallels.
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