HubSpot, Inc. (HUBS) Financial Statements
HubSpot financial statements at a glance
HubSpot reported revenue of $3.13 billion for fiscal year 2025 (ended December 31, 2025), up 19.2% from fiscal year 2024. Net income was $45.91 million, a net margin of 1.5%, and diluted earnings per share were $0.86.
At the end of fiscal year 2025 it had total assets of $3.85 billion, total liabilities of $1.79 billion and shareholders' equity of $2.07 billion, with cash and short-term investments of $1.70 billion and total debt of $262.31 million.
Its operations brought in $760.72 million of cash; capital spending was $184.06 million, leaving free cash flow of $576.65 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
HubSpot, Inc.
Income Statement
Annual • USD
HubSpot key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.6B | $2.2B | $1.7B | $1.3B |
| Gross profit | $2.6B | $2.2B | $1.8B | $1.4B | $1.0B |
| Operating income | $11.4M | -$71.2M | -$200.9M | -$102.9M | -$54.8M |
| Net income | $45.9M | $4.6M | -$164.5M | -$107.3M | -$77.8M |
| Diluted EPS | $0.86 | – | – | – | -$1.66 |
| Total assets | $3.9B | $3.8B | $3.1B | $2.5B | $2.2B |
| Total liabilities | $1.8B | $1.9B | $1.8B | $1.6B | $1.3B |
| Shareholders' equity | $2.1B | $1.9B | $1.3B | $992.2M | $873.8M |
| Cash and short-term investments | $1.7B | – | – | – | $1.2B |
| Total debt | $262.3M | $458.2M | $456.2M | $454.2M | $713.0M |
| Operating cash flow | $760.7M | $598.6M | $351.0M | $273.2M | $238.7M |
| Capital spending | $184.1M | – | – | – | $61.9M |
| Free cash flow | $576.7M | – | – | – | $176.9M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was HubSpot's revenue in fiscal year 2025?
$3.13 billion, up 19.2% from $2.63 billion in fiscal year 2024.
How much profit does HubSpot make?
HubSpot reported net income of $45.91 million for fiscal year 2025 (1.5% of revenue); operating income was $11.42 million.
How much cash and debt does HubSpot have?
At the end of fiscal year 2025: cash and short-term investments of $1.70 billion and total debt of $262.31 million.
What is HubSpot's free cash flow?
$576.65 million in fiscal year 2025 (operating cash flow of $760.72 million minus capital spending of $184.06 million).
