Hubspot’s Revenue Breakdown Worldwide (2016-2021)

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This statistic highlights HubSpot’s Revenue Breakdown Worldwide from 2016 onwards, split across Americas, Europe, and Asia-Pacific, reported on a quarterly basis.
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This statistic highlights HubSpot’s Revenue Breakdown Worldwide from 2016 onwards, split across Americas, Europe, and Asia-Pacific, reported on a quarterly basis.

HubSpot is a service provider that offers a combination of online tools that makes it easier for a company to work together through the CRM (Customer Relationship Management) Platform.

Hubspot’s Revenue Breakdown Worldwide

The following table HubSpot’s Revenue Breakdown Worldwide for Q3 2021, Q2 2021, and Q3 2020.

Segment Q3 2020  Q2 2021  Q3 2021 Contribution in Q3 2021
Americas  $145.21  $190.73  $207.24 61.00%
 Europe  $ 64.12  $ 93.37   $102.89 30.00%
Asia-Pacific  $19.03  $26.70  $29.27 9.00%
Total  $228.36  $ 310.80  $339.20 100.00%

(All figures in millions, except percentages)

HubSpot’s total revenue increased from $228.36 million in Q3 2020 to $339.20 million in Q3 2021, marking a 48.53% growth on a year-on-year basis. It also grew by 9.13% compared to $310.80 million earned in Q2 2021.

The company functions in one operating segment that can be defined as components of a company for which separate financial information is evaluated on a regular basis by the Chief operating decision-maker (“CODM”). The CODM is also the chief executive officer (“CEO”) of the company. The CEO decides how to allocate resources and assess the performance of the company. The CODM of the company gauges the company’s financial information and resources and then evaluates the performance of these resources on a combined basis.

The Revenue is therefore bifurcated as per the geographic region which is based on the physical location of the operations that records the sale of the asset. These geographical segments are bifurcated below:

Americas

As of December 31, 2021, the company has a total of 1,446 employees that are working in the United States and are accountable for generating 61% of the total revenue from here. The total revenue in this segment has increased from $145.21 million in Q3 2020 to $207.24 million in Q3 2021, marking a 42.7% growth on a year-on-year basis. It also grew by 8.6% compared to $190.73 million earned in Q2 2021.

Europe

As of December 31, 2021, the company has a total of 1,166 employees that are working in European countries and are accountable for generating 30% of the total revenue from here. The total revenue in this segment has increased from $64.12 million in Q3 2020 to $102.89 million in Q3 2021, marking a 60.42% growth on a year-on-year basis. It also grew by 10.19% compared to $93.37 million earned in Q2 2021.

Asia-Pacific

As of December 31, 2021, the company has a total of 319 employees that are working in the Asia-Pacific region and are accountable for generating 9% of the total revenue from here. The total revenue in this segment has increased from $19.03 million in Q3 2020 to $29.27 million in Q3 2021, marking a 53.8% growth on a year-on-year basis. It also grew by 9.62% compared to $26.70 million earned in Q2 2021.

About the Company

HubSpot is a software service provider that offers Cloud-based customer relationship management (“CRM”) Platform. This CRM Platform includes marketing Hub, Sales Hub, CMS Hub, Services Hub, and Operations Hub. The company offers a vast variety of tools and integrations which allow the companies to attract, delight, and engage customers throughout the customer experience. The company has more than 5,900 employees with 11 global offices in 120+ countries.
The company was founded by Brian Halligan and Dharmesh Shah in 2006 and is headquartered in Cambridge, Massachusetts, United States. The company is listed on New York Stock Exchange (NYSE) under the trading symbol “HUBS”. The main focus of the company was on building a CRM Platform to grow with any company and to sell it to mid-market businesses because of the significant competitive advantage that the company has in attracting and serving this market segment.

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