HubSpot HUBS Subscription And Circulation — Cost of Goods Sold

Other product segments

Similar metrics at other companies

FROGSubscription And Circulation — Cost Of Revenue

$27.16M+39.0%

TRMBSubscription and services — Cost of Sales

$119.3M-0.3%

TRMBSubscription — Cost of Sales

$49.6M-8.8%

ADSKCost of subscription revenue — Cost of revenue

$129M+16.2%

MDBSubscription — Total Cost of Revenue

$164.91M+27.3%

MANHCloud Subscriptions Maintainance And Services — Cost of Goods Sold

$66.58M+17.9%

Questions, answered.

What is HubSpot's subscription and circulation — cost of goods sold?

HubSpot (HUBS) reported subscription and circulation — cost of goods sold of $128.72M in Q1 2026.

How has HubSpot's subscription and circulation — cost of goods sold changed year-over-year?

HubSpot's subscription and circulation — cost of goods sold increased by 28.4% year-over-year, from $100.23M to $128.72M.

What is the long-term trend for HubSpot's subscription and circulation — cost of goods sold?

Over 4 years (2021 to 2025), HubSpot's subscription and circulation — cost of goods sold has grown at a 20.5% compound annual growth rate (CAGR), from $211.13M to $445.34M.

What does subscription and circulation — cost of goods sold mean?

The direct costs incurred to provide and maintain the company's subscription software services.

How do you interpret subscription and circulation — cost of goods sold?

An increase relative to revenue may signal rising infrastructure costs or inefficiencies in service delivery. A decrease relative to revenue suggests improved operational leverage and better cost management in scaling the platform.

How does subscription and circulation — cost of goods sold compare across companies?

Comparable to Cost of Revenue or Cost of Subscription Services reported by other technology companies operating on a SaaS model.