HubSpot profit margin HUBS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- 4.3%
- Operating margin, 12 months
- 3.8%
- Net margin on a year earlier
- +4.7 pts
- Peer median
- 20.5%
Over the twelve months to Jun 30, 2026, HubSpot kept 4.3% of its revenue as net profit, with an operating margin of 3.8% and a gross margin of 83.2%.
Five years earlier its net margin was −8.0%.
The median for 10 application software stocks of a similar size is 20.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.5% | 0.2% | 83.8% |
| FY2024 | 0.2% | −2.6% | 85.0% |
| FY2023 | −7.6% | −9.3% | 84.4% |
| FY2022 | −6.5% | −6.3% | 81.8% |
| FY2021 | −6.0% | −4.2% | 80.1% |
| FY2020 | −9.6% | −5.8% | 81.1% |
| FY2019 | −8.0% | −7.0% | 80.7% |
| FY2018 | −12.4% | −9.4% | 80.4% |
| FY2017 | −10.6% | −10.7% | 79.8% |
| FY2016 | −16.8% | −16.5% | 77.2% |
| FY2015 | −25.3% | −25.5% | 73.7% |
| FY2014 | −41.6% | −41.9% | 69.7% |
| FY2013 | −44.1% | n/a | 62.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 4.3% | +4.7 pts | 3.8% | |
| Q1 FY26 | 3.0% | +3.9 pts | 1.9% | |
| Q4 FY25 | 1.5% | +1.3 pts | 0.2% | |
| Q3 FY25 | −0.1% | +0.4 pts | −1.7% | |
| Q2 FY25 | −0.4% | +0.6 pts | −2.5% | |
| Q1 FY25 | −0.8% | +4.5 pts | −2.6% | |
| Q4 FY24 | 0.2% | +7.8 pts | −2.6% | |
| Q3 FY24 | −0.5% | +7.6 pts | −3.2% | |
| Q2 FY24 | −1.0% | +9.0 pts | −3.7% | |
| Q1 FY24 | −5.3% | +2.3 pts | −7.9% | |
| Q4 FY23 | −7.6% | −1.1 pts | −9.3% | |
| Q3 FY23 | −8.2% | −1.2 pts | −9.3% |
Against its peers
Companies in Software - Application nearest HubSpot's size, closest first, today.
| Company | Profit margin |
|---|---|
| HUBSHubSpot | 4.3% |
| PINSPinterest | 5.5% |
| FDSFactset Research Systems | 23.2% |
| DOCNDigitalOcean | 23.3% |
| ESTCElastic | 20.8% |
| MTCHMatch | 20.2% |
| FICOFair Isaac | 34.1% |
| SSNCSS&C Technologies | 13.2% |
| HNGEHinge Health | 15.1% |
| RNGRingCentral | 4.3% |
| ZMZoom Communications | 65.2% |
| Peer median | 20.5% |
Where HubSpot ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on HubSpot
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.