Hubspot (HUBS) Net Margin (2013 - 2026)
Hubspot's (HUBS) quarterly Net Margin came in at 4.75% in Q2 2026, up 518.0% on a YoY basis from 0.77% in Q2 2025, and up 28.64% quarter-over-quarter from 3.7% in Q1 2026.
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Hubspot (HUBS) Net Margin (2013 - 2026) Analysis & Trends
Hubspot (HUBS) has reported Net Margin for 14 consecutive years, with 4.75% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 518.0% year-over-year to 4.75%; the trailing twelve-month figure through Jun 2026 stood at 4.26% (up 346.0% YoY), and the FY2025 full-year result was 1.47%, down 2.0% from the prior year.
- Net Margin advanced to 4.75% in Q2 2026 per HUBS's latest filing, from 3.7% in the prior quarter.
- Across five years, Net Margin topped out at 6.43% in Q4 2025 and bottomed at 21.13% in Q2 2023.
- Historically, Net Margin has averaged 2.04% across 5 years, with a median of 0.53% in 2025.
- The sharpest annual moves came in 2023 and 2024: Net Margin sank 777 bps in 2023, then surged 1886 bps in 2024.
- Over 5 years, Net Margin stood at 0.02% in 2022, then slumped by 24434 bps to 3.71% in 2023, then surged by 252 bps to 5.62% in 2024, then gained by 14 bps to 6.43% in 2025, then fell by 26 bps to 4.75% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 4.75%, 3.7%, and 6.43% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Salesforce | 213.40 Bn | 201.99 Bn | 8.70 Bn | 31.08% |
| 2 | Hubspot | 12.30 Bn | 10.96 Bn | 750.86 Mn | 4.75% |
| 3 | Freshworks | 3.35 Bn | 2.68 Bn | 201.28 Mn | 1.36% |
| 4 | Intapp | 3.19 Bn | 3.03 Bn | 118.37 Mn | -3.62% |
| 5 | Blackbaud | 2.14 Bn | 1.30 Bn | 178.16 Mn | 12.17% |
| 6 | Sprinklr | 1.40 Bn | 1.17 Bn | 139.19 Mn | 3.33% |
| 7 | ZoomInfo Technologies | 1.21 Bn | 1.05 Bn | 256.80 Mn | -207.38% |
| 8 | Thryv Holdings | 92.39 Mn | 83.25 Mn | 94.56 Mn | -11.05% |
| 9 | Helport AI | 24.20 Mn | 23.92 Mn | - | - |
| 10 | Youxin Technology | 3.56 Mn | -263,824.72 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.75% |
| Mar 31, 2026 | 3.70% |
| Dec 31, 2025 | 6.43% |
| Sep 30, 2025 | 2.04% |
| Jun 30, 2025 | -0.43% |
| Mar 31, 2025 | -3.05% |
| Dec 31, 2024 | 5.62% |
| Sep 30, 2024 | 1.22% |
| Jun 30, 2024 | -2.27% |
| Mar 31, 2024 | 0.96% |
| Dec 31, 2023 | -3.71% |
| Sep 30, 2023 | -0.64% |
| Jun 30, 2023 | -21.13% |
| Mar 31, 2023 | -7.32% |
| Dec 31, 2022 | -0.02% |
| Sep 30, 2022 | -7.08% |
| Jun 30, 2022 | -13.36% |
| Mar 31, 2022 | -2.36% |
| Dec 31, 2021 | -3.27% |
| Sep 30, 2021 | -4.05% |