Hub (HUBG) Cost of Revenue (2009 - 2025)
Hub (HUBG) posted Cost of Revenue of $683.7 million for Q3 2025, up 4.23% on a QoQ basis from $655.9 million in Q2 2025, and down 7.61% year-over-year from $740.0 million in Q3 2024.
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Analysis
Hub (HUBG) Cost of Revenue (2009 - 2025) Analysis & Trends
Hub has reported Cost of Revenue for 17 years, with the latest figure at $683.7 million in Q3 2025.
- On a quarterly basis, Cost of Revenue fell 7.61% year-over-year to $683.7 million in Q3 2025; TTM through Sep 2025 was $2.7 billion, a 7.77% decrease from a year earlier, with the FY2024 full-year figure at $2.9 billion, down 6.84% from the prior year.
- Cost of Revenue was $683.7 million for Q3 2025 at Hub, up from $655.9 million in the prior quarter.
- The five-year high for Cost of Revenue was $1.1 billion in Q2 2022, with the low at $583.0 million in Q4 2021.
- Average Cost of Revenue over 5 years is $804.3 million, with a median of $763.6 million recorded in 2023.
- The sharpest annual moves came in 2021 and 2022: Cost of Revenue sank 31.18% in 2021, then soared 63.83% in 2022.
- Over 5 years, Cost of Revenue stood at $583.0 million in 2021, then surged by 63.83% to $955.2 million in 2022, then fell by 22.28% to $742.4 million in 2023, then retreated by 2.59% to $723.2 million in 2024, then declined by 5.46% to $683.7 million in 2025.
- The last three Cost of Revenue figures came in at $683.7 million (Q3 2025), $655.9 million (Q2 2025), and $657.9 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Copart | 26.66 Bn | 23.33 Bn | 732.88 Mn | 504.19 Mn |
| 2 | Expeditors International Of Washington | 24.38 Bn | 23.35 Bn | 1.09 Bn | 2.42 Bn |
| 3 | C. H. Robinson Worldwide | 17.52 Bn | 17.36 Bn | 1.11 Bn | 3.83 Bn |
| 4 | Rb Global | 15.43 Bn | 14.90 Bn | 935.50 Mn | 381.60 Mn |
| 5 | Ryder System | 9.07 Bn | 9.07 Bn | 1.45 Bn | 1.90 Bn |
| 6 | Landstar System | 5.72 Bn | 5.38 Bn | 308.86 Mn | 1.12 Bn |
| 7 | GXO Logistics | 5.25 Bn | 4.52 Bn | 508.00 Mn | 2.93 Bn |
| 8 | Rxo | 3.26 Bn | 3.25 Bn | 302.00 Mn | 1.47 Bn |
| 9 | Hub | 1.94 Bn | 1.85 Bn | 250.84 Mn | 683.66 Mn |
| 10 | Cryoport | 889.89 Mn | 493.20 Mn | 22.82 Mn | 26.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 683.66 Mn |
| Jun 30, 2025 | 655.90 Mn |
| Mar 31, 2025 | 657.92 Mn |
| Dec 31, 2024 | 723.16 Mn |
| Sep 30, 2024 | 740.00 Mn |
| Jun 30, 2024 | 727.24 Mn |
| Mar 31, 2024 | 740.17 Mn |
| Dec 31, 2023 | 742.41 Mn |
| Sep 30, 2023 | 772.65 Mn |
| Jun 30, 2023 | 763.61 Mn |
| Mar 31, 2023 | 866.93 Mn |
| Dec 31, 2022 | 955.20 Mn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 1.06 Bn |
| Mar 31, 2022 | 995.27 Mn |
| Dec 31, 2021 | 583.05 Mn |
| Sep 30, 2021 | 917.51 Mn |
| Jun 30, 2021 | 860.76 Mn |
| Mar 31, 2021 | 810.81 Mn |
| Dec 31, 2020 | 847.17 Mn |
API Access
Hub Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HUBG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HUBG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HUBG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();