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
DateValue
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