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HubSpot HUBS Operating Lease Liabilities

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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$10.09B-61.1%
Enterprise value$9.37B-63.5%
P/E68.7×
P/S2.9×-6.2×

Profitability

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Gross margin83.2%-1.3pp
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

Reported directly by HubSpot in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

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

Filed
Aug 5, 2026, 4:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-335232
Line itemJune 30, 2026December 31, 2025
Operating lease liabilities38,09539,703
Deferred revenue1,056,3531,004,945
Total current liabilities1,543,6461,467,471
Operating lease liabilities, net of current portion198,819222,602
Deferred revenue, net of current portion6,3778,495
Other long-term liabilities98,82589,339
Total liabilities1,847,6671,787,907
Commitments and contingencies (Note 12)

Item 1. Financial Statements

FAQ

What is HubSpot's operating lease liabilities?
HubSpot (HUBS) reported operating lease liabilities of $198.82M in Q2 2026.
How has HubSpot's operating lease liabilities changed year-over-year?
HubSpot's operating lease liabilities decreased by 18.1% year-over-year, from $242.87M to $198.82M.
What is the long-term trend for HubSpot's operating lease liabilities?
Over 5 years (2020 to 2025), HubSpot's operating lease liabilities has grown at a -4.5% compound annual growth rate (CAGR), from $279.66M to $222.6M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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