Hubspot (HUBS) Free Cash Flow (2013 - 2026)
Hubspot (HUBS) posted Free Cash Flow of $164.5 million for Q1 2026, down 29.7% on a QoQ basis from $234.0 million in Q4 2025, and up 3.6% year-over-year from $158.8 million in Q1 2025.
Hubspot (HUBS) Free Cash Flow (2013 - 2026) Analysis & Trends
Hubspot's Free Cash Flow history runs 14 years deep, the most recent figure standing at $164.5 million for Q1 2026.
- Quarterly Free Cash Flow rose 3.6% year-over-year to $164.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $713.3 million (up 16.17% YoY) and the FY2025 annual result came in at $707.6 million, up 26.2% from the prior year.
- Free Cash Flow was $164.5 million for Q1 2026 at Hubspot, down from $234.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $234.0 million in Q4 2025 and bottomed at $32.0 million in Q3 2022.
- A 5-year average of $120.9 million and a median of $110.5 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2023 — Free Cash Flow surged 200.4% — and 2025, when it decreased 26.57%.
- Hubspot's Free Cash Flow stood at $121.1 million in 2022, then slipped by 8.75% to $110.5 million in 2023, then surged by 42.08% to $157.0 million in 2024, then soared by 49.04% to $234.0 million in 2025, then dropped by 29.7% to $164.5 million in 2026.
- Business Quant data shows HUBS's Free Cash Flow at $164.5 million in Q1 2026, $234.0 million in Q4 2025, and $148.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 4.39 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 235.34 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 476.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 473.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 2.19 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 232.77 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 306.96 Mn |
| 10 | Hubspot | 9.97 Bn | 8.28 Bn | 735.30 Mn | 164.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 164.49 Mn |
| Mar 31, 2026 | 164.49 Mn |
| Dec 31, 2025 | 233.98 Mn |
| Dec 31, 2025 | 233.98 Mn |
| Sep 30, 2025 | 148.20 Mn |
| Sep 30, 2025 | 148.20 Mn |
| Jun 30, 2025 | 166.61 Mn |
| Jun 30, 2025 | 166.61 Mn |
| Mar 31, 2025 | 158.77 Mn |
| Mar 31, 2025 | 158.77 Mn |
| Dec 31, 2024 | 157.00 Mn |
| Dec 31, 2024 | 157.00 Mn |
| Sep 30, 2024 | 201.82 Mn |
| Sep 30, 2024 | 201.82 Mn |
| Jun 30, 2024 | 96.39 Mn |
| Jun 30, 2024 | 96.39 Mn |
| Mar 31, 2024 | 105.45 Mn |
| Mar 31, 2024 | 105.45 Mn |
| Dec 31, 2023 | 110.50 Mn |
| Dec 31, 2023 | 110.50 Mn |