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

205.64 11.00 −5.08%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, HubSpot, Inc. (HUBS) trades at a price to free cash flow of 15.0×. Over the past ten years it has ranged from 0.0× (September 2020) to 2,193× (December 2020); the current reading is higher than 21% of that period. That is below the Software Application industry median of 17.2× and below the Technology sector median of 18.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 36.6× (51.82%)
FY2024 75.9× (33.11%)
FY2023 114× 47.79%
FY2022 76.8× (56.11%)
FY2021 175× (70.63%)
FY2020 596× 480.34%
FY2019 103× 8.35%
FY2018 94.8× (36.71%)
FY2017 150× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 15.0× 6.70%
Jun 2026 14.0× (33.50%)
Mar 2026 21.1× (42.34%)
Dec 2025 36.6× (21.06%)
43 more quarters

Against its own ten years

Low 0.0× High 2,193×
Ten-year median 99.8×
Current reading's percentile 21

Price to free cash flow against peers

Company Price to free cash flow
HUBS HubSpot, Inc. 15.0×
PAYC Paycom Software, Inc. compare 17.8×
PCTY Paylocity Holding Corporation compare 21.5×
ESTC Elastic N.V. compare 25.3×
CHYM Chime Financial, Inc. compare 27.3×
BSY Bentley Systems, Incorporated compare 28.5×
PCOR Procore Technologies, Inc. compare 39.9×
FIG Figma, Inc. compare 46.8×
FROG JFrog Ltd. compare 53.7×
Software Application industry median 17.2×
Technology sector median 18.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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