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HubSpot HUBS Gross margin

Gross margin at other companies

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MicrosoftMSFT
67.9%-0.9pp
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AdobeADBE
89.4%+0.2pp
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SalesforceCRM
77.6%+0.3pp
Sprout Social, Inc. logo
Sprout Social, Inc.SPT
77.5%-0.1pp
Freshworks, Inc. logo
Freshworks, Inc.FRSH
85%+0.6pp
Thryv Holdings, Inc. logo
Thryv Holdings, Inc.THRY
67.8%+2.6pp

Other financials

Income statement

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Revenue$911.7M+19.8%
Gross profit$750.9M+17.6%
Operating income$43.3M+276%
Net income$43.3M+1,430%
EPS (diluted)$0.86+1,533%

Balance sheet

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Cash & equivalents$958.3M+59.4%
Total debt$236.9M-15.5%
Total equity$1.7B-19.8%
Total assets$3.5B-4.9%

Cash flow

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Operating cash flow$222.8M+35.5%
CapEx$19.7M+22.6%
Free cash flow$203.1M+36.9%

Valuation

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Market cap$12.81B-50.7%
Enterprise value$12.09B-52.9%
P/E87.2×
P/S3.7×-5.4×

Profitability

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Operating margin3.8%+2.7pp
Net margin4.3%+3.9pp
FCF margin23.1%+1.1pp

Returns & leverage

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Return on equity7.9%+7.3pp
Debt / equity0.1×0.0×
Current ratio1.4×-0.4×

Where this comes from

Calculated from HubSpot’s reported figures.

Based on trailing twelve months.

The source filing: HubSpot’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335232

FAQ

What is HubSpot's gross margin?
HubSpot (HUBS) reported gross margin of 83.2% in Q2 2026.
How has HubSpot's gross margin changed year-over-year?
HubSpot's gross margin decreased by 1.5% year-over-year, from 84.6% to 83.2%.
What is the long-term trend for HubSpot's gross margin?
Over 5 years (2020 to 2025), HubSpot's gross margin has grown at a 0.6% compound annual growth rate (CAGR), from 81.1% to 83.8%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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