Superworth

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

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20251.5%0.2%83.8%
FY20240.2%−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/a62.6%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY264.3%+4.7 pts3.8%
Q1 FY263.0%+3.9 pts1.9%
Q4 FY251.5%+1.3 pts0.2%
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 FY240.2%+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.

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.