Hubspot (HUBS) Change in Receivables (2013 - 2026)

Hubspot (HUBS) posted Change in Receivables of -$58.4 million for Q1 2026, down 158.55% on a QoQ basis from $99.8 million in Q4 2025, and down 28.0% year-over-year from -$81.2 million in Q1 2025.

Hubspot (HUBS) Change in Receivables (2013 - 2026) Analysis & Trends

Hubspot's Change in Receivables history runs 14 years deep, the most recent figure standing at -$58.4 million for Q1 2026.

  • Quarterly Change in Receivables fell 28.0% year-over-year to -$58.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $51.2 million (up 81.66% YoY) and the FY2025 annual result came in at $64.0 million, up 32.16% from the prior year.
  • Change in Receivables was -$58.4 million for Q1 2026 at Hubspot, down from $99.8 million in the prior quarter.
  • Across five years, Change in Receivables topped out at $99.8 million in Q4 2025 and bottomed at -$58.4 million in Q1 2026.
  • A 5-year average of $10.9 million and a median of $7.0 million in 2024 frame the typical range for Change in Receivables.
  • Annual changes were most pronounced in 2022 — Change in Receivables surged 137.7% — and 2023, when it sank 761.91%.
  • Hubspot's Change in Receivables stood at $53.8 million in 2022, then surged by 31.47% to $70.8 million in 2023, then declined by 12.02% to $62.3 million in 2024, then surged by 60.24% to $99.8 million in 2025, then tumbled by 158.55% to -$58.4 million in 2026.
  • Business Quant data shows HUBS's Change in Receivables at -$58.4 million in Q1 2026, $99.8 million in Q4 2025, and -$5.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -2.11 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 74.00 Mn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -9.43 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 441.00 Mn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 179.30 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -747.22 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 18.55 Mn
10 Hubspot 9.97 Bn 8.28 Bn 735.30 Mn -58.44 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -58.44 Mn
Mar 31, 2026 -58.44 Mn
Dec 31, 2025 99.81 Mn
Dec 31, 2025 99.81 Mn
Sep 30, 2025 -5.78 Mn
Sep 30, 2025 -5.78 Mn
Jun 30, 2025 15.63 Mn
Jun 30, 2025 15.63 Mn
Mar 31, 2025 -45.66 Mn
Mar 31, 2025 -45.66 Mn
Dec 31, 2024 62.29 Mn
Dec 31, 2024 62.29 Mn
Sep 30, 2024 4.56 Mn
Sep 30, 2024 4.56 Mn
Jun 30, 2024 7.00 Mn
Jun 30, 2024 7.00 Mn
Mar 31, 2024 -25.42 Mn
Mar 31, 2024 -25.42 Mn
Dec 31, 2023 70.80 Mn
Dec 31, 2023 70.80 Mn