Hubspot (HUBS) Net Margin (2013 - 2026)
Hubspot (HUBS) posted Net Margin of 3.7% for Q1 2026, down 55.02% on a QoQ basis from 8.22% in Q4 2025, and up 675.0% year-over-year from 0.48% in Q1 2025.
Hubspot (HUBS) Net Margin (2013 - 2026) Analysis & Trends
Hubspot's Net Margin history runs 14 years deep, the most recent figure standing at 3.7% for Q1 2026.
- Quarterly Net Margin rose 675.0% year-over-year to 3.7% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.5% (up 576.0% YoY) and the FY2025 annual result came in at 1.95%, up 324.0% from the prior year.
- Net Margin was 3.7% for Q1 2026 at Hubspot, down from 8.22% in the prior quarter.
- Across five years, Net Margin topped out at 43.12% in Q4 2023 and bottomed at 21.13% in Q2 2023.
- A 5-year average of 0.14% and a median of 0.64% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin surged 4233 bps — and 2024, when it tumbled 4787 bps.
- Hubspot's Net Margin stood at 0.79% in 2022, then surged by 5363 bps to 43.12% in 2023, then plunged by 111 bps to 4.76% in 2024, then surged by 273 bps to 8.22% in 2025, then slumped by 55 bps to 3.7% in 2026.
- Business Quant data shows HUBS's Net Margin at 3.7% in Q1 2026, 8.22% in Q4 2025, and 2.04% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 20.22% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -18.33% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 2.29% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 18.93% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 7.47% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 22.90% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.25% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 22.77% |
| 10 | Hubspot | 9.97 Bn | 8.28 Bn | 735.30 Mn | 3.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.70% |
| Dec 31, 2025 | 8.22% |
| Sep 30, 2025 | 2.04% |
| Jun 30, 2025 | -0.43% |
| Mar 31, 2025 | -3.05% |
| Dec 31, 2024 | -4.76% |
| Sep 30, 2024 | 1.22% |
| Jun 30, 2024 | -2.27% |
| Mar 31, 2024 | 0.96% |
| Dec 31, 2023 | 43.12% |
| Sep 30, 2023 | -0.64% |
| Jun 30, 2023 | -21.13% |
| Mar 31, 2023 | -7.32% |
| Dec 31, 2022 | 0.79% |
| 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% |
| Jun 30, 2021 | -7.91% |