Hubspot (HUBS) FCF Margin (2013 - 2026)
Hubspot (HUBS) posted FCF Margin of 18.67% for Q1 2026, down 32.43% on a QoQ basis from 27.63% in Q4 2025, and down 356.0% year-over-year from 7.29% in Q1 2025.
Hubspot (HUBS) FCF Margin (2013 - 2026) Analysis & Trends
Hubspot's FCF Margin history runs 14 years deep, the most recent figure standing at 18.67% for Q1 2026.
- Quarterly FCF Margin fell 356.0% year-over-year to 18.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.63% (down 91.0% YoY) and the FY2025 annual result came in at 22.6%, up 126.0% from the prior year.
- FCF Margin was 18.67% for Q1 2026 at Hubspot, down from 27.63% in the prior quarter.
- Across five years, FCF Margin topped out at 30.14% in Q3 2024 and bottomed at 7.2% in Q3 2022.
- A 5-year average of 18.83% and a median of 18.67% in 2026 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin jumped 1292 bps — and 2025, when it slumped 1183 bps.
- Hubspot's FCF Margin stood at 25.79% in 2022, then retreated by 26 bps to 18.99% in 2023, then climbed by 18 bps to 22.33% in 2024, then increased by 24 bps to 27.63% in 2025, then sank by 32 bps to 18.67% in 2026.
- Business Quant data shows HUBS's FCF Margin at 18.67% in Q1 2026, 27.63% in Q4 2025, and 18.31% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 39.26% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 15.02% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 17.31% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 58.89% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 11.86% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 36.83% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 16.73% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 20.82% |
| 10 | Hubspot | 9.97 Bn | 8.28 Bn | 735.30 Mn | 18.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.67% |
| Dec 31, 2025 | 27.63% |
| Sep 30, 2025 | 18.31% |
| Jun 30, 2025 | 21.90% |
| Mar 31, 2025 | 22.23% |
| Dec 31, 2024 | 22.33% |
| Sep 30, 2024 | 30.14% |
| Jun 30, 2024 | 15.13% |
| Mar 31, 2024 | 17.08% |
| Dec 31, 2023 | 18.99% |
| Sep 30, 2023 | 17.21% |
| Jun 30, 2023 | 14.64% |
| Mar 31, 2023 | 13.15% |
| Dec 31, 2022 | 25.79% |
| Sep 30, 2022 | 7.20% |
| Jun 30, 2022 | 9.47% |
| Mar 31, 2022 | 20.21% |
| Dec 31, 2021 | 21.51% |
| Sep 30, 2021 | 7.51% |
| Jun 30, 2021 | 13.49% |