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Hubspot (HUBS) Operating Expenses (2016 - 2025)

Hubspot's Operating Expenses history spans 13 years, with the latest figure at $660.8 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 8.21% year-over-year to $660.8 million; the TTM value through Dec 2025 reached $2.6 billion, up 13.62%, while the annual FY2025 figure was $2.6 billion, 13.62% up from the prior year.
  • Operating Expenses reached $660.8 million in Q4 2025 per HUBS's latest filing, down from $664.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $664.8 million in Q3 2025 to a low of $241.7 million in Q1 2021.
  • Average Operating Expenses over 5 years is $478.6 million, with a median of $504.1 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: surged 49.36% in 2022, then increased 0.95% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $305.9 million in 2021, then surged by 31.7% to $402.9 million in 2022, then increased by 28.48% to $517.6 million in 2023, then increased by 17.97% to $610.6 million in 2024, then grew by 8.21% to $660.8 million in 2025.
  • Per Business Quant, the three most recent readings for HUBS's Operating Expenses are $660.8 million (Q4 2025), $664.8 million (Q3 2025), and $663.3 million (Q2 2025).