Hubspot (HUBS) Net Margin (2013 - 2026)
Hubspot (HUBS) posted Net Margin of 8.76% for Q3 2026, up 6.71 percentage points from 2.04% a year earlier and up 4.00 percentage points from the prior quarter.
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Analysis
Hubspot (HUBS) Net Margin (2013 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Hubspot was 5.95%, up 6.06 percentage points year-over-year; for FY2025, it came in at 1.47%, up 1.29 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +11.10 percentage points (FY2020 to FY2025).
- In prior years, Hubspot's Net Margin was 0.18% in FY2024 (+7.76 pp), -7.58% in FY2023 (-1.38 pp), -6.20% in FY2022 (-0.22 pp) and -5.98% in FY2021 (+3.65 pp).
- The Q3 2026 figure stands as the highest quarterly Net Margin in data going back to Q3 2013.
- On a year-over-year basis, Net Margin has increased in each of the last six quarters, with an average year-over-year change of +3.23 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2024, with a gain of 18.86 percentage points; the weakest was Q2 2023, with a drop of 7.77 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 4.75% (Q2 2026), 3.70% (Q1 2026) and 6.43% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 404.43 Bn | 369.25 Bn | 1.93 Bn | 48.76% |
| 2 | Oracle | 355.53 Bn | 227.67 Bn | - | 24.19% |
| 3 | Sap Se | 273.98 Bn | 227.60 Bn | - | - |
| 4 | Salesforce | 174.33 Bn | 130.20 Bn | 8.70 Bn | 31.08% |
| 5 | Automatic Data Processing | 117.87 Bn | 104.66 Bn | 2.53 Bn | 20.49% |
| 6 | ServiceNow | 104.89 Bn | 84.15 Bn | 2.90 Bn | 6.75% |
| 7 | Intuit | 93.22 Bn | 72.57 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 72.75 Bn | 71.83 Bn | - | - |
| 9 | Strategy | 49.49 Bn | 36.63 Bn | 89.63 Mn | 15,243.08% |
| 10 | Hubspot | 10.04 Bn | 4.01 Bn | 782.89 Mn | 8.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.76% |
| 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 | 0.71% |
| Sep 30, 2024 | 1.22% |
| Jun 30, 2024 | -2.27% |
| Mar 31, 2024 | 0.96% |
| Dec 31, 2023 | -2.13% |
| Sep 30, 2023 | -0.64% |
| Jun 30, 2023 | -21.13% |
| Mar 31, 2023 | -7.32% |
| Dec 31, 2022 | -2.18% |
| Sep 30, 2022 | -7.08% |
| Jun 30, 2022 | -13.36% |
| Mar 31, 2022 | -2.36% |
| Dec 31, 2021 | -4.43% |
API Access
Hubspot Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=HUBS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "HUBS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=HUBS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();