Hubspot HUBS
NYSE HUBS
$247.73 -7.37 (-2.89%)
At close: Sep 4, 2026 · 4:00 PM EDT

Hubspot (HUBS) Operating Leases (2019 - 2026)

Hubspot's (HUBS) quarterly Operating Leases came in at $198.8 million in Q2 2026, down 18.14% on a YoY basis from $242.9 million in Q2 2025, and down 5.4% quarter-over-quarter from $210.2 million in Q1 2026.

Analysis

Hubspot (HUBS) Operating Leases (2019 - 2026) Analysis & Trends

Hubspot (HUBS) has reported Operating Leases for 8 consecutive years, with $198.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Leases fell 18.14% year-over-year to $198.8 million; the trailing twelve-month figure through Jun 2026 stood at $198.8 million (down 18.14% YoY), and the FY2025 full-year result was $222.6 million, down 12.55% from the prior year.
  • Operating Leases slipped to $198.8 million in Q2 2026 per HUBS's latest filing, from $210.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $316.2 million in Q4 2022 and bottomed at $198.8 million in Q2 2026.
  • Historically, Operating Leases has averaged $264.7 million across 5 years, with a median of $265.0 million in 2022.
  • The sharpest annual moves came in 2023 and 2026: Operating Leases rose 20.34% in 2023, then retreated 18.14% in 2026.
  • Over 5 years, Operating Leases stood at $316.2 million in 2022, then slipped by 6.21% to $296.6 million in 2023, then dropped by 14.17% to $254.5 million in 2024, then fell by 12.55% to $222.6 million in 2025, then slipped by 10.68% to $198.8 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $198.8 million, $210.2 million, and $222.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Salesforce 213.40 Bn 201.99 Bn 8.70 Bn
2 Hubspot 12.30 Bn 10.96 Bn 750.86 Mn
3 Freshworks 3.35 Bn 2.68 Bn 201.28 Mn
4 Intapp 3.19 Bn 3.03 Bn 118.37 Mn
5 Blackbaud 2.14 Bn 1.30 Bn 178.16 Mn
6 Sprinklr 1.40 Bn 1.17 Bn 139.19 Mn
7 ZoomInfo Technologies 1.21 Bn 1.05 Bn 256.80 Mn
8 Thryv Holdings 92.39 Mn 83.25 Mn 94.56 Mn
9 Helport AI 24.20 Mn 23.92 Mn -
10 Youxin Technology 3.56 Mn -263,824.72 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 198.82 Mn
Mar 31, 2026 210.16 Mn
Dec 31, 2025 222.60 Mn
Sep 30, 2025 233.23 Mn
Jun 30, 2025 242.87 Mn
Mar 31, 2025 249.57 Mn
Dec 31, 2024 254.54 Mn
Sep 30, 2024 265.71 Mn
Jun 30, 2024 273.14 Mn
Mar 31, 2024 284.49 Mn
Dec 31, 2023 296.56 Mn
Sep 30, 2023 301.66 Mn
Jun 30, 2023 313.63 Mn
Mar 31, 2023 309.04 Mn
Dec 31, 2022 316.18 Mn
Sep 30, 2022 250.68 Mn
Jun 30, 2022 264.23 Mn
Mar 31, 2022 278.06 Mn
Dec 31, 2021 283.87 Mn
Sep 30, 2021 289.54 Mn