HubSpot, Inc. (HUBS) income statement
NYSE · Technology · Software - Application · 9,016 employees · CEO Yamini Rangan
- Price
- $234.87 -1.96%
- Market cap
- $12B
- Enterprise value
- $11.3B
- Last report
- Q2 '26 filed 2026-08-05
- Next report
- 2026-11-04 EPS est. $3.27
HubSpot, Inc. (HUBS) reported revenue of $912M for Q2 '26 (+19.8% year on year), operating income of $43.3M (4.8% of revenue) and net income of $43.3M. Over the last four quarters revenue was $3.45B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $558M | $582M | $617M | $637M | $670M | $703M | $714M | $761M | $810M | $846M | $881M | $912M | |
| Cost of revenue | $85.6M | $88.6M | $95.1M | $95.5M | $99.3M | $103M | $115M | $122M | $134M | $138M | $146M | $161M | |
| Gross profit | $472M | $493M | $522M | $542M | $570M | $600M | $599M | $639M | $676M | $709M | $735M | $751M | |
| Research & development | $157M | $163M | $176M | $198M | $191M | $214M | $220M | $237M | $261M | $221M | $234M | $226M | |
| Sales & marketing | $271M | $281M | $300M | $294M | $310M | $315M | $327M | $340M | $355M | $358M | $386M | $398M | |
| General & administrative | $61.3M | $69.7M | $68.9M | $72.6M | $77.9M | $81M | $78.6M | $85M | $80.7M | $81.7M | $85.6M | $82.9M | |
| Other operating expenses | $846K | $3.55M | $782K | $1.08M | $987K | $1.14M | $1.08M | $1.11M | -$32.2M | $0 | $0 | $1.08M | |
| Operating expenses | $490M | $518M | $546M | $566M | $580M | $611M | $627M | $663M | $665M | $660M | $706M | $708M | |
| Operating income | -$18.6M | -$24.3M | -$23.2M | -$23.9M | -$9.63M | -$10.8M | -$27.5M | -$24.6M | $11.2M | $48.6M | $29M | $43.3M | |
| Interest income | $16.2M | $18.6M | $18.7M | $20.4M | $21.8M | $21.8M | $20.6M | $18.3M | $14.2M | $13.1M | $12.9M | $9.41M | |
| Interest expense | $950K | $984K | $935K | $901K | $936K | $949K | $644K | $227K | $0 | $0 | $245K | $395K | |
| Other non-operating income (gains on investments, FX ...) | -$14.5M | -$16.1M | -$31.9M | -$22.2M | -$21.2M | -$24.7M | -$18.3M | -$19.4M | -$11.9M | -$13M | -$10.5M | -$6.64M | |
| Total non-operating income | $13.6M | $15.1M | $31M | $21.3M | $20.3M | $23.8M | $17.6M | $19.2M | $11.9M | $13M | $10.3M | $6.25M | |
| Income before tax | -$4.99M | -$9.24M | $7.72M | -$2.68M | $10.6M | $13M | -$9.87M | -$5.46M | $23.1M | $61.7M | $39.3M | $49.6M | |
| Income tax | -$1.41M | $4.36M | $1.79M | $11.8M | $2.5M | $8.01M | $11.9M | -$2.2M | $6.6M | $7.23M | $6.74M | $6.23M | |
| Net income | -$3.58M | -$13.6M | $5.93M | -$14.4M | $8.15M | $4.98M | -$21.8M | -$3.26M | $16.5M | $54.4M | $32.6M | $43.3M | |
| EPS (basic) | -$0.07 | -$0.27 | $0.12 | -$0.28 | $0.16 | $0.10 | -$0.42 | -$0.06 | $0.31 | $1.04 | $0.62 | $0.86 | |
| EPS (diluted) | -$0.07 | -$0.27 | $0.12 | -$0.28 | $0.16 | $0.09 | -$0.42 | -$0.06 | $0.31 | $1.04 | $0.62 | $0.86 | |
| Shares (basic, weighted) | 50.1M | 50.3M | 50.7M | 51M | 51.4M | 51.2M | 52.2M | 52.7M | 52.7M | 52.5M | 52.5M | 50.6M | |
| Shares (diluted, weighted) | 50.1M | 50.3M | 51.5M | 51M | 51.8M | 52.2M | 52.2M | 52.7M | 52.7M | 52.5M | 52.6M | 50.6M | |
| Depreciation & amortization | $20.5M | $19.2M | $21.2M | $22.2M | $25M | $28.4M | $28.8M | $33.2M | $35.7M | $38.6M | $40.2M | $44.4M | |
| EBITDA | $16.5M | $10.9M | $29.9M | $20.4M | $36.6M | $42.3M | $19.6M | $28M | $58.8M | $100M | $79.8M | $94.4M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $271M | $376M | $513M | $675M | $883M | $1.3B | $1.73B | $2.17B | $2.63B | $3.13B | |
| Cost of revenue | $61.9M | $75.7M | $100M | $130M | $167M | $259M | $308M | $338M | $393M | $508M | |
| Gross profit | $209M | $300M | $413M | $545M | $716M | $1.04B | $1.42B | $1.83B | $2.23B | $2.62B | |
| Research & development | $46M | $70.4M | $118M | $158M | $206M | $302M | $442M | $618M | $779M | $906M | |
| Sales & marketing | $163M | $213M | $267M | $341M | $452M | $650M | $886M | $1.07B | $1.22B | $1.38B | |
| General & administrative | $45.1M | $56.8M | $75.8M | $93M | $109M | $145M | $198M | $250M | $300M | $326M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $96.8M | $3.99M | $0 | |
| Operating expenses | $254M | $340M | $461M | $592M | $767M | $1.1B | $1.53B | $2.03B | $2.3B | $2.61B | |
| Operating income | -$44.7M | -$40.1M | -$48.3M | -$47M | -$50.8M | -$54.8M | -$103M | -$201M | -$67.6M | $11.4M | |
| Interest income | $854K | $3.84M | $9.18M | $19.4M | $7.77M | $1.17M | $15M | $58.8M | $82.7M | $66.2M | |
| Interest expense | $265K | $13.2M | $21.4M | $22.8M | $37M | $30.3M | $3.76M | $3.8M | $3.72M | $876K | |
| Other non-operating income (gains on investments, FX ...) | $102K | -$3.28M | -$7.68M | -$19M | -$7.06M | -$11.3M | -$8.17M | -$54.2M | -$100M | -$58.9M | |
| Total non-operating income | -$367K | -$9.9M | -$13.7M | -$3.78M | -$30M | -$19M | $4.41M | $50.4M | $96.3M | $58.1M | |
| Income before tax | -$45M | -$50M | -$62M | -$50.8M | -$80.8M | -$73.8M | -$98.5M | -$151M | $28.7M | $69.5M | |
| Income tax | $533K | -$10.3M | $1.87M | $2.97M | $4.22M | $4.02M | $8.89M | $13.9M | $24M | $23.6M | |
| Net income | -$45.6M | -$39.7M | -$63.8M | -$53.7M | -$85M | -$77.8M | -$107M | -$165M | $4.63M | $45.9M | |
| EPS (basic) | -$1.29 | -$1.08 | -$1.66 | -$1.28 | -$1.90 | -$1.66 | -$2.35 | -$3.30 | $0.09 | $0.88 | |
| EPS (diluted) | -$1.29 | -$1.08 | -$1.66 | -$1.28 | -$1.90 | -$1.66 | -$2.35 | -$3.30 | $0.09 | $0.86 | |
| Shares (basic, weighted) | 35.2M | 36.8M | 38.5M | 42M | 44.8M | 46.9M | 48.1M | 49.9M | 51.2M | 52.5M | |
| Shares (diluted, weighted) | 35.2M | 36.8M | 38.5M | 42M | 44.8M | 46.9M | 48.1M | 49.9M | 51.8M | 53.2M | |
| Depreciation & amortization | $11.2M | $15.8M | $23.4M | $28.8M | $37.1M | $45.2M | $58.2M | $72.7M | $96.8M | $136M | |
| EBITDA | -$33.6M | -$21.1M | -$17.1M | $838K | -$6.71M | $1.62M | -$36.5M | -$74.1M | $129M | $207M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02