Hubspot (HUBS) Operating Leases (2019 - 2026)

Hubspot has reported Operating Leases for 8 years, with the latest figure at $210.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases fell 15.79% year-over-year to $210.2 million; the trailing twelve-month figure through Mar 2026 stood at $210.2 million (down 15.79% YoY), and the FY2025 full-year result was $222.6 million, down 12.55% from the prior year.
• Operating Leases for Q1 2026 stood at $210.2 million, down from $222.6 million in the prior quarter.
• The five-year high for Operating Leases was $316.2 million in Q4 2022, with the low at $210.2 million in Q1 2026.
• Historically, Operating Leases has averaged $268.6 million across 5 years, with a median of $265.7 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Leases increased 20.34% — and 2026, when it declined 15.79%.
• Hubspot's Operating Leases stood at $316.2 million in 2022, then retreated by 6.21% to $296.6 million in 2023, then decreased by 14.17% to $254.5 million in 2024, then dropped by 12.55% to $222.6 million in 2025, then slipped by 5.59% to $210.2 million in 2026.
• The last three Operating Leases figures came in at $210.2 million (Q1 2026), $222.6 million (Q4 2025), and $233.2 million (Q3 2025), per Business Quant data.