Hubspot (HUBS) FCF Margin (2013 - 2026)
Hubspot (HUBS) reported FCF Margin of 18.67% for Q1 2026, down 356.0% on a YoY basis from 7.29% in Q1 2025, and up 1.0% quarter-over-quarter from 18.49% in Q4 2025.
Hubspot (HUBS) FCF Margin (2013 - 2026) Analysis & Trends
Hubspot has reported FCF Margin for 14 years, with the latest figure at 18.67% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 356.0% year-over-year to 18.67%; the trailing twelve-month figure through Mar 2026 stood at 19.28% (down 253.0% YoY), and the FY2025 full-year result was 20.12%, down 122.0% from the prior year.
- FCF Margin for Q1 2026 stood at 18.67%, up from 18.49% in the prior quarter.
- The five-year high for FCF Margin was 31.7% in Q4 2024, with the low at 7.2% in Q3 2022.
- Historically, FCF Margin has averaged 17.61% across 5 years, with a median of 18.11% in 2025.
- Annual changes were most pronounced in 2023 — FCF Margin plunged 1801 bps — and 2024, when it surged 2394 bps.
- Hubspot's FCF Margin stood at 25.78% in 2022, then slumped by 70 bps to 7.77% in 2023, then surged by 308 bps to 31.7% in 2024, then plunged by 42 bps to 18.49% in 2025, then increased by 1 bps to 18.67% in 2026.
- The last three FCF Margin figures came in at 18.67% (Q1 2026), 18.49% (Q4 2025), and 21.87% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 36.77% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 15.02% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 58.89% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 20.82% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 41.64% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 36.83% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 31.84% |
| 10 | Hubspot | 9.55 Bn | 8.42 Bn | 735.30 Mn | 18.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.67% |
| Dec 31, 2025 | 18.49% |
| Sep 30, 2025 | 21.87% |
| Jun 30, 2025 | 18.11% |
| Mar 31, 2025 | 22.23% |
| Dec 31, 2024 | 31.70% |
| Sep 30, 2024 | 15.96% |
| Jun 30, 2024 | 16.55% |
| Mar 31, 2024 | 20.30% |
| Dec 31, 2023 | 7.77% |
| Sep 30, 2023 | 17.21% |
| Jun 30, 2023 | 12.90% |
| Mar 31, 2023 | 14.98% |
| Dec 31, 2022 | 25.78% |
| Sep 30, 2022 | 7.20% |
| Jun 30, 2022 | 9.47% |
| Mar 31, 2022 | 20.21% |
| Dec 31, 2021 | 22.71% |
| Sep 30, 2021 | 10.61% |
| Jun 30, 2021 | 10.11% |