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HubSpot HUBS Total Operating Expenses

Total Operating Expenses at other companies

Adobe logo
AdobeADBE
$3.67B+17.2%
Salesforce logo
SalesforceCRM
$6.22B+10.6%
SS&C Technologies logo
SS&C TechnologiesSSNC
$403.6M+3.7%
MicroStrategy logo
MicroStrategyMSTR
$14.55B+143%
DocuSign logo
DocuSignDOCU
$547.66M+0.3%

Other financials

Income statement

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Revenue$881.0M+23.4%
Gross profit$735.3M+22.7%
Operating income$27.9M+202%
Net income$32.6M+249%
EPS (diluted)$0.62+248%

Balance sheet

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Cash & equivalents$943.9M+51.0%
Total debt$247.3M-13.6%
Total equity$2.0B-0.4%
Total assets$3.8B-1.7%

Cash flow

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Operating cash flow$198.8M+23.1%
CapEx$15.4M+15.6%
Free cash flow$183.4M+23.7%

Valuation

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Market cap$9.01B-56.8%
Enterprise value$8.31B-58.7%
P/E89.9×
P/S2.7×-4.9×

Profitability

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Gross margin83.7%-1.2pp
Operating margin1.9%+1.2pp
Net margin3%+2.5pp
FCF margin22.5%+0.9pp

Returns & leverage

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Return on equity5%+4.1pp
Debt / equity0.1×0.0×
Current ratio1.6×0.0×

Where this comes from

Reported directly by HubSpot in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: HubSpot’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HubSpot's total operating expenses?
HubSpot (HUBS) reported total operating expenses of $707.36M in Q1 2026.
How has HubSpot's total operating expenses changed year-over-year?
HubSpot's total operating expenses increased by 12.9% year-over-year, from $626.51M to $707.36M.
What is the long-term trend for HubSpot's total operating expenses?
Over 4 years (2021 to 2025), HubSpot's total operating expenses has grown at a 24.3% compound annual growth rate (CAGR), from $1.1B to $2.62B.
What does total operating expenses mean?
The total cost of running the business, excluding the direct costs of producing goods or services.
How do you interpret total operating expenses?
Lowering these expenses relative to revenue improves operating margins, while rapid growth in these expenses may be necessary to capture market share.
How does total operating expenses compare across companies?
Compared against peer companies to evaluate operational discipline and scalability.