Hubspot (HUBS) Cost of Revenue (2013 - 2026)

Hubspot (HUBS) has reported Cost of Revenue for 14 consecutive years, with $160.9 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 31.69% year-over-year to $160.9 million; the trailing twelve-month figure through Jun 2026 stood at $577.8 million (up 31.34% YoY), and the FY2025 full-year result was $508.5 million, up 29.3% from the prior year.
• Cost of Revenue grew to $160.9 million in Q2 2026 per HUBS's latest filing, from $145.7 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $160.9 million in Q2 2026 and bottomed at $72.9 million in Q1 2022.
• Historically, Cost of Revenue has averaged $103.0 million across 5 years, with a median of $95.3 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue increased 3.33% in 2022, then jumped 34.43% in 2025.
• Over 5 years, Cost of Revenue stood at $74.0 million in 2022, then increased by 18.13% to $87.4 million in 2023, then increased by 18.18% to $103.3 million in 2024, then surged by 33.25% to $137.7 million in 2025, then advanced by 16.83% to $160.9 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $160.9 million, $145.7 million, and $137.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.