HUBS - HubSpot, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$285.14
DETAILS
HIGH:
$400.00
LOW:
$190.00
MEDIAN:
$280.00
CONSENSUS:
$285.14
UPSIDE:
41.18%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 3,131.2 | 2,627.5 | 2,170.2 | 1,731.0 | 1,300.7 | 883.0 | 674.9 | 513.0 | 375.6 | 271.0 | 181.9 | 115.9 | 77.6 | 51.6 | 28.6 |
| Cost of Revenue | 508.5 | 393.3 | 338.4 | 308.0 | 258.9 | 167.0 | 130.0 | 100.4 | 75.7 | 61.9 | 47.9 | 35.1 | 27.5 | 16.8 | 12.1 |
| Gross Profit | 2,622.8 | 2,234.3 | 1,831.9 | 1,422.9 | 1,041.8 | 716.1 | 544.9 | 412.6 | 299.9 | 209.1 | 134.0 | 80.8 | 50.1 | 34.8 | 16.5 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 905.9 | 778.7 | 617.7 | 442.0 | 302.0 | 205.6 | 158.2 | 117.6 | 70.4 | 46.0 | 32.5 | 25.6 | 15.0 | 10.6 | 10.0 |
| SG&A Expenses | 1,705.4 | 1,519.2 | 1,318.2 | 1,083.8 | 794.6 | 561.3 | 433.7 | 343.3 | 269.6 | 207.8 | 148.0 | 101.8 | 67.8 | 42.9 | 30.9 |
| Other Expenses | 0 | 4.0 | 96.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 2,611.4 | 2,301.9 | 2,032.8 | 1,525.8 | 1,096.6 | 766.9 | 591.9 | 460.9 | 340.0 | 253.8 | 180.5 | 129.4 | 84.4 | 53.5 | 40.9 |
| Operating Income | |||||||||||||||
| Operating Income | 11.4 | (67.6) | (200.9) | (102.9) | (54.8) | (50.8) | (47.0) | (48.3) | (40.1) | (44.7) | (46.5) | (48.6) | (34.2) | (18.7) | (24.4) |
| Interest Expense | 0.9 | 3.7 | 3.8 | 3.8 | 30.3 | 37.0 | 22.8 | 21.4 | 13.2 | 0.3 | 0.2 | 0.3 | 0.0 | 0.1 | 0.0 |
| Interest Income | 66.2 | 82.7 | 58.8 | 15 | 1.2 | 7.8 | 19.4 | 9.2 | 3.8 | 0.9 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 |
| Profitability | |||||||||||||||
| EBITDA | 175.9 | 129.2 | (74.1) | (36.5) | 1.6 | (6.7) | 0.8 | (17.1) | (21.1) | (33.6) | (38.1) | (42.3) | (29.8) | (16.0) | (22.5) |
| EBIT | 11.4 | 32.4 | (146.8) | (94.7) | (43.5) | (43.8) | (28.0) | (40.6) | (36.9) | (44.8) | (45.5) | (48.0) | (34.3) | (18.7) | (24.4) |
| Income Before Tax | 69.5 | 28.7 | (150.6) | (98.5) | (73.8) | (80.8) | (50.8) | (62.0) | (50.0) | (45.0) | (45.6) | (48.3) | (34.3) | (18.8) | (24.4) |
| Income Tax Expense | 23.6 | 24.0 | 13.9 | 8.9 | 4.0 | 4.2 | 3.0 | 1.9 | (10.3) | 0.5 | 0.4 | (0.1) | 0 | 0 | 0 |
| Net Income | 45.9 | 4.6 | (164.5) | (107.3) | (77.8) | (85.0) | (53.7) | (63.8) | (39.7) | (45.6) | (46.1) | (48.2) | (34.3) | (18.8) | (24.4) |
| Per Share Data | |||||||||||||||
| EPS (Basic) | 0.88 | 0.09 | -3.30 | -2.35 | -1.66 | -1.90 | -1.28 | -1.66 | -1.08 | -1.29 | -1.39 | -4.20 | -1.36 | -0.75 | -1.03 |
| EPS (Diluted) | 0.86 | 0.09 | -3.30 | -2.35 | -1.66 | -1.90 | -1.28 | -1.66 | -1.08 | -1.29 | -1.39 | -4.20 | -1.36 | -0.75 | -1.03 |
| Shares Outstanding | 52.5 | 51.2 | 49.9 | 48.1 | 46.9 | 44.8 | 42.0 | 38.5 | 36.8 | 35.2 | 33.1 | 29.6 | 25.2 | 25.2 | 24.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 882.2 | 512.7 | 388.0 | 331.0 | 377.0 | 378.1 | 269.7 | 111.5 | 87.7 | 59.7 |
| Short-Term Investments | 821.6 | 1,556.8 | 1,000.2 | 1,081.7 | 821.0 | 873.1 | 691.8 | 480.8 | 416.7 | 54.6 |
| Net Receivables | 419.1 | 334.8 | 295.3 | 226.8 | 157.4 | 126.4 | 92.5 | 77.1 | 60.7 | 39.0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 100.6 | 229.3 | 188.0 | 115.1 | 59.8 | 44.6 | 32.1 | 28.8 | 18.1 | 17.6 |
| Total Current Assets | 2,223.6 | 2,633.6 | 1,871.5 | 1,754.6 | 1,453.6 | 1,456.9 | 1,109.7 | 712.4 | 602.5 | 176.3 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 342.7 | 330.4 | 354.4 | 424.5 | 377.0 | 377.0 | 318.0 | 52.5 | 43.3 | 30.2 |
| Goodwill | 291.5 | 209.5 | 173.8 | 46.2 | 47.1 | 31.3 | 30.2 | 14.9 | 14.9 | 9.8 |
| Intangible Assets | 249.0 | 192.0 | 148.5 | 81.2 | 50.4 | 35.2 | 28.5 | 17.7 | 15.1 | 6.5 |
| Long-Term Investments | 262.4 | 154.2 | 325.7 | 112.8 | 174.9 | 30.7 | 53.8 | 11.4 | 31.4 | 35.7 |
| Other Non-Current Assets | 485.0 | 276.1 | 197.4 | 125.4 | 71.9 | 42.2 | 28.9 | 25.0 | 5.0 | 1.3 |
| Total Non-Current Assets | 1,630.6 | 1,162.2 | 1,199.9 | 790.1 | 721.3 | 516.4 | 459.5 | 121.5 | 109.7 | 83.5 |
| Total Assets | 3,854.2 | 3,795.8 | 3,071.4 | 2,544.7 | 2,174.9 | 1,973.4 | 1,569.3 | 834.0 | 712.2 | 259.8 |
| Current Liabilities | ||||||||||
| Account Payables | 24.8 | 3.6 | 9.1 | 20.9 | 2.8 | 13.5 | 12.8 | 7.8 | 4.7 | 4.3 |
| Short-Term Debt | 39.7 | 458.2 | 0 | 0 | 19.6 | 7.8 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 1,010.8 | 784.3 | 672.1 | 539.9 | 430.4 | 312.9 | 231.0 | 183.3 | 136.9 | 95.4 |
| Other Current Liabilities | 161.0 | 67.4 | 53.5 | 10.2 | 63.8 | 44.1 | 26.3 | 23.6 | 16.3 | 10.6 |
| Total Current Liabilities | 1,467.5 | 1,573.4 | 942.0 | 761.7 | 617.5 | 445.5 | 322.5 | 237.0 | 178.3 | 127.4 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 222.6 | 0 | 456.2 | 454.2 | 383.1 | 471.1 | 340.6 | 318.8 | 298.4 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (133.3) | 55.6 | 36.5 | 14.5 | 12.1 | 10.8 | 9.0 | 31.3 | 22.8 | 12.2 |
| Total Non-Current Liabilities | 320.4 | 314.1 | 795.0 | 790.9 | 683.6 | 765.2 | 596.8 | 352.3 | 323.5 | 13.7 |
| Total Liabilities | 1,787.9 | 1,887.5 | 1,737.0 | 1,552.5 | 1,301.1 | 1,210.7 | 919.3 | 589.3 | 501.8 | 141.1 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (753.9) | (799.8) | (804.4) | (642.4) | (561.0) | (483.2) | (398.1) | (344.4) | (286.1) | (245.9) |
| Accumulated Other Comprehensive Income | 5.2 | (5.7) | 1.8 | (12.9) | (1.3) | 4.6 | (0.3) | (0.7) | (0.1) | (0.9) |
| Total Stockholders' Equity | 2,066.2 | 1,908.3 | 1,334.3 | 992.2 | 873.8 | 762.7 | 650.0 | 244.6 | 210.4 | 118.7 |
| Total Liabilities & Equity | 3,854.2 | 3,795.8 | 3,071.4 | 2,544.7 | 2,174.9 | 1,973.4 | 1,569.3 | 834.0 | 712.2 | 259.8 |
| Debt Metrics | ||||||||||
| Total Debt | 484.9 | 745.4 | 787.8 | 806.3 | 713.0 | 788.6 | 608.4 | 318.8 | 298.4 | 1.1 |
| Net Debt | (397.3) | 232.7 | 399.8 | 475.3 | 336.0 | 410.5 | 338.7 | 207.3 | 210.8 | (58.6) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 45.9 | 4.6 | (176.3) | (112.7) | (77.8) | (85.0) | (53.7) | (63.8) | (39.7) | (45.6) |
| Depreciation & Amortization | 136.3 | 96.8 | 72.7 | 58.1 | 45.2 | 37.1 | 28.8 | 23.4 | 15.8 | 11.2 |
| Stock-Based Compensation | 528.2 | 504.8 | 432.3 | 275.8 | 166.8 | 121.5 | 97.8 | 76.3 | 47.3 | 32.7 |
| Change in Working Capital | 95.5 | 56.8 | (10.6) | 58.5 | 109.5 | 35.8 | 39.5 | 32.6 | 22.1 | 16.5 |
| Other Non-Cash Items | (45.2) | (67.2) | 27.7 | (4.4) | (2.0) | (18.3) | 7.5 | 16.4 | 15.7 | 4.7 |
| Operating Cash Flow | 760.7 | 598.6 | 351.0 | 273.2 | 238.7 | 88.9 | 119.0 | 84.9 | 49.6 | 19.4 |
| Investing Activities | ||||||||||
| Capital Expenditure | (53.2) | (37.9) | (100.3) | (91.8) | (61.9) | (58.9) | (53.8) | (33.5) | (27.3) | (21.5) |
| Acquisitions | (87.6) | (40.4) | (142.1) | 0 | (19.9) | 0 | (23.3) | 0 | (9.4) | 0 |
| Purchases of Investments | (1,476.7) | (2,009.1) | (1,594.9) | (1,537.4) | (1,497.9) | (1,519.9) | (1,305.4) | (682.1) | (893.5) | (52.1) |
| Sales/Maturities of Investments | 2,237.4 | 1,660.6 | 1,502.5 | 1,309.5 | 1,400.1 | 1,363.2 | 1,066.4 | 644.4 | 533.7 | 50.8 |
| Other Investing Activities | (128.2) | (88.9) | (66.5) | (54.3) | (33.1) | (21.6) | (13.5) | (11.2) | (7.1) | (5.7) |
| Investing Cash Flow | 491.8 | (515.9) | (334.8) | (319.7) | (179.5) | (215.6) | (316.2) | (71.2) | (401.2) | (23.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (459.8) | (0.1) | (0.0) | (81.4) | (89.5) | 214.1 | (0.6) | (0.7) | 388.2 | (0.7) |
| Stock Repurchased | (500.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (21.6) | (21.9) | (10.7) | 48.9 | (8.5) | (22.0) | (6.2) | (8.0) | (24.5) | (2.4) |
| Financing Cash Flow | (910.0) | 53.5 | 37.0 | 7.4 | (51.5) | 222.5 | 359.3 | 12.8 | 376.8 | 8.5 |
| Cash Position | ||||||||||
| Net Change in Cash | 368.2 | 124.7 | 57.9 | (45.9) | (1.1) | 102.6 | 161.4 | 24.3 | 28.0 | 4.1 |
| Cash at Beginning | 516.7 | 392.0 | 334.2 | 380.0 | 381.2 | 278.5 | 117.1 | 92.8 | 59.7 | 55.6 |
| Cash at End | 884.9 | 516.7 | 392.0 | 334.2 | 380.0 | 381.2 | 278.5 | 117.1 | 87.7 | 59.7 |
| Free Cash Flow | 707.6 | 560.7 | 250.7 | 181.4 | 176.9 | 30.0 | 65.1 | 51.4 | 22.3 | (2.2) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 3,131.2 | 2,627.5 | 2,170.2 | 1,731.0 | 1,300.7 | 883.0 | 674.9 | 513.0 | 375.6 | 271.0 | 181.9 | 115.9 | 77.6 | 51.6 | 28.6 |
| Gross Profit | 2,622.8 | 2,234.3 | 1,831.9 | 1,422.9 | 1,041.8 | 716.1 | 544.9 | 412.6 | 299.9 | 209.1 | 134.0 | 80.8 | 50.1 | 34.8 | 16.5 |
| Operating Income | 11.4 | (67.6) | (200.9) | (102.9) | (54.8) | (50.8) | (47.0) | (48.3) | (40.1) | (44.7) | (46.5) | (48.6) | (34.2) | (18.7) | (24.4) |
| Net Income | 45.9 | 4.6 | (164.5) | (107.3) | (77.8) | (85.0) | (53.7) | (63.8) | (39.7) | (45.6) | (46.1) | (48.2) | (34.3) | (18.8) | (24.4) |
| EPS (Diluted) | 0.86 | 0.09 | -3.30 | -2.35 | -1.66 | -1.90 | -1.28 | -1.66 | -1.08 | -1.29 | -1.39 | -4.20 | -1.36 | -0.75 | -1.03 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 882.2 | 512.7 | 388.0 | 331.0 | 377.0 | 378.1 | 269.7 | 111.5 | 87.7 | 59.7 | |||||
| Total Assets | 3,854.2 | 3,795.8 | 3,071.4 | 2,544.7 | 2,174.9 | 1,973.4 | 1,569.3 | 834.0 | 712.2 | 259.8 | |||||
| Total Debt | 484.9 | 745.4 | 787.8 | 806.3 | 713.0 | 788.6 | 608.4 | 318.8 | 298.4 | 1.1 | |||||
| Stockholders' Equity | 2,066.2 | 1,908.3 | 1,334.3 | 992.2 | 873.8 | 762.7 | 650.0 | 244.6 | 210.4 | 118.7 | |||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | 760.7 | 598.6 | 351.0 | 273.2 | 238.7 | 88.9 | 119.0 | 84.9 | 49.6 | 19.4 | |||||
| Capital Expenditure | (53.2) | (37.9) | (100.3) | (91.8) | (61.9) | (58.9) | (53.8) | (33.5) | (27.3) | (21.5) | |||||
| Free Cash Flow | 707.6 | 560.7 | 250.7 | 181.4 | 176.9 | 30.0 | 65.1 | 51.4 | 22.3 | (2.2) | |||||