Hubspot (HUBS) Research & Development (2013 - 2026)

Hubspot has reported Research & Development for 14 years, with the latest figure at $234.2 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 6.4% year-over-year to $234.2 million; the trailing twelve-month figure through Mar 2026 stood at $920.0 million (up 11.77% YoY), and the FY2025 full-year result was $905.9 million, up 16.34% from the prior year.
• Research & Development for Q1 2026 stood at $234.2 million, up from $220.8 million in the prior quarter.
• The five-year high for Research & Development was $237.3 million in Q2 2025, with the low at $92.7 million in Q1 2022.
• Historically, Research & Development has averaged $175.2 million across 5 years, with a median of $175.6 million in 2024.
• Annual changes were most pronounced in 2022 — Research & Development surged 64.92% — and 2025, when it gained 3.31%.
• Hubspot's Research & Development stood at $116.3 million in 2022, then soared by 40.31% to $163.2 million in 2023, then soared by 30.92% to $213.7 million in 2024, then grew by 3.31% to $220.8 million in 2025, then rose by 6.07% to $234.2 million in 2026.
• The last three Research & Development figures came in at $234.2 million (Q1 2026), $220.8 million (Q4 2025), and $227.7 million (Q3 2025), per Business Quant data.