Hub (HUBG) Cost of Revenue (2009 - 2025)
Hub (HUBG) recorded quarterly Cost of Revenue of $683.7 million in Q3 2025, up 4.23% quarter-over-quarter from $655.9 million in Q2 2025, and down 7.61% on a YoY basis from $740.0 million in Q3 2024.
Hub (HUBG) Cost of Revenue (2009 - 2025) Analysis & Trends
Hub's Cost of Revenue history runs 17 years deep, the most recent figure standing at $683.7 million for Q3 2025.
- In Q3 2025, Cost of Revenue fell 7.61% year-over-year to $683.7 million; the TTM figure through Sep 2025 stood at $2.7 billion (down 7.77% YoY), while the FY2024 annual figure was $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.
- In the past five years, Cost of Revenue ranged from a high of $1.1 billion in Q2 2022 to a low of $583.0 million in Q4 2021.
- Historically, Cost of Revenue has averaged $804.3 million across 5 years, with a median of $763.6 million in 2023.
- The sharpest annual moves came in 2021 and 2022: Cost of Revenue slumped 31.18% in 2021, then surged 63.83% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $583.0 million in 2021, then jumped by 63.83% to $955.2 million in 2022, then declined by 22.28% to $742.4 million in 2023, then fell by 2.59% to $723.2 million in 2024, then dropped 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 2.76 Bn |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 3.51 Bn |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 175.06 Mn |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 2.52 Bn |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 11.94 Mn |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 14.80 Mn |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 2.81 Bn |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 1.46 Bn |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 102.03 Mn |
| 10 | Hub | 2.58 Mn | 2.11 Mn | 250.84 Mn | 683.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 683.66 Mn |
| Sep 30, 2025 | 683.66 Mn |
| Jun 30, 2025 | 655.90 Mn |
| Jun 30, 2025 | 655.90 Mn |
| Mar 31, 2025 | 657.92 Mn |
| Mar 31, 2025 | 657.92 Mn |
| Dec 31, 2024 | 723.16 Mn |
| Dec 31, 2024 | 723.16 Mn |
| Sep 30, 2024 | 740.00 Mn |
| Sep 30, 2024 | 740.00 Mn |
| Jun 30, 2024 | 727.24 Mn |
| Jun 30, 2024 | 727.24 Mn |
| Mar 31, 2024 | 740.17 Mn |
| Mar 31, 2024 | 740.17 Mn |
| Dec 31, 2023 | 742.41 Mn |
| Dec 31, 2023 | 742.41 Mn |
| Sep 30, 2023 | 772.65 Mn |
| Sep 30, 2023 | 772.65 Mn |
| Jun 30, 2023 | 763.61 Mn |
| Jun 30, 2023 | 763.61 Mn |