HubSpot, Inc.

HUBS Technology Software Application

HubSpot, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 19.2% from fiscal 2024.

Revenue
+17.1%
EPS
+441.9%
Free cash flow
+13.7%

Quarter to September 2026, against a year earlier

194.14 10.82 −5.28%
Market cap
$10.2B
P/E
49.0×
Fwd P/E
63.1×
Dividend yield
—
F-score
6/9
Altman Z
7.91
Beneish M
−3.04
Dividend safety
n/a

HubSpot, Inc. (HUBS) Gross margin

Alert me on Gross margin

HubSpot, Inc.'s gross margin over the twelve months to 30 September 2026 was 83.0%, down 0.7 percentage points from fiscal 2025 (83.8%). Over the past ten years it has ranged from 73.7% (fiscal 2015) to 85.0% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Software Application industry median of 66.9% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 83.8% (1.27)
FY2024 85.0% 0.62
FY2023 84.4% 2.20
FY2022 82.2% 2.11
FY2021 80.1% (0.99)
FY2020 81.1% 0.35
FY2019 80.7% 0.30
FY2018 80.4% 0.60
FY2017 79.8% 2.67
FY2016 77.2% 3.51

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 82.6% 0.27
Jun 2026 82.4% (1.11)
Mar 2026 83.5% (0.28)
Dec 2025 83.7% 0.23
43 more quarters

Against its own ten years

Low 73.7% High 85.0%
Ten-year median 80.7%
Current reading's percentile 70

Gross margin against peers

Company Gross margin
CHYM Chime Financial, Inc. compare 89.4%
HUBS HubSpot, Inc. 83.0%
BSY Bentley Systems, Incorporated compare 82.4%
FIG Figma, Inc. compare 81.4%
PCOR Procore Technologies, Inc. compare 80.2%
FROG JFrog Ltd. compare 77.9%
ESTC Elastic N.V. compare 75.5%
PCTY Paylocity Holding Corporation compare 69.2%
PAYC Paycom Software, Inc. compare 0.00%
Software Application industry median 66.9%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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