What are HubSpot's profit margins?

HubSpot (HUBS) runs a 83.7% gross margin and a 1.9% operating margin, with a 3.0% net margin.

Where do HubSpot's ratios come from?

Every ratio is computed from HubSpot's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

HubSpot HUBS Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	83.7%-0.1pp	83.8%-0.4pp	84.1%-0.4pp	84.6%-0.3pp	84.8%-0.2pp
Operating margin	1.9%+1.7pp	0.2%+2.0pp	-1.7%+0.8pp	-2.5%+0.1pp	-2.6%-0.1pp
Net margin	3%+1.6pp	1.5%+1.6pp	-0.1%+0.3pp	-0.4%+0.4pp	-0.8%-1.0pp
Returns
Return on equity	5%+2.7pp	2.3%+2.5pp	-0.2%+0.5pp	-0.7%+0.7pp	-1.3%-1.6pp
Return on invested capital	3.6%+3.3pp	0.3%+1.9pp	-1.6%+0.9pp	-2.5%-0.1pp	-2.4%-0.1pp
Efficiency
Asset turnover	0.9×0.0×	0.8×0.0×	0.8×0.0×	0.8×0.0×	0.8×0.0×
Liquidity
Current ratio	1.6×-0.1×	1.7×+0.1×	1.6×-0.2×	1.8×+0.1×	1.7×0.0×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-3.3×+1.0×	-4.3×+0.3×	-4.6×+2.9×	-7.5×+2.9×	-10.4×-2.7×
Per Share
Book value per share	$37.98-2.2%	$38.84+10.2%	$35.23-10.1%	$39.19+2.0%	$38.44+4.4%
Valuation
Market capitalization	$12.87B-38.8%	$21.02B-14.7%	$24.65B-16.1%	$29.39B-1.4%	$29.79B-17.2%
Price / earnings	128.4×-329×	457.9×—	——	——	——
Price / sales	3.9×-2.8×	6.7×-1.5×	8.3×-2.1×	10.3×-0.6×	10.9×-2.8×
Price / book	6.4×-3.7×	10.2×-3.1×	13.3×-1.0×	14.2×-0.6×	14.9×-4.0×
EV / EBITDA	57.8×-84.2×	142×-185×	326.5×-351×	677.8×-226×	904.2×-319×

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Questions, answered.

What are HubSpot's profit margins?: HubSpot (HUBS) runs a 83.7% gross margin and a 1.9% operating margin, with a 3.0% net margin.
Where do HubSpot's ratios come from?: Every ratio is computed from HubSpot's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.