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Hubspot (HUBS) Research & Development (2016 - 2025)

Hubspot's Research & Development history spans 13 years, with the latest figure at $220.8 million for Q4 2025.

  • For Q4 2025, Research & Development rose 3.31% year-over-year to $220.8 million; the TTM value through Dec 2025 reached $905.9 million, up 16.34%, while the annual FY2025 figure was $905.9 million, 16.34% up from the prior year.
  • Research & Development reached $220.8 million in Q4 2025 per HUBS's latest filing, down from $227.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $237.3 million in Q2 2025 to a low of $68.4 million in Q1 2021.
  • Average Research & Development over 5 years is $152.3 million, with a median of $160.1 million recorded in 2023.
  • Peak YoY movement for Research & Development: soared 64.92% in 2022, then increased 3.31% in 2025.
  • A 5-year view of Research & Development shows it stood at $83.0 million in 2021, then surged by 40.17% to $116.3 million in 2022, then surged by 40.31% to $163.2 million in 2023, then surged by 30.92% to $213.7 million in 2024, then rose by 3.31% to $220.8 million in 2025.
  • Per Business Quant, the three most recent readings for HUBS's Research & Development are $220.8 million (Q4 2025), $227.7 million (Q3 2025), and $237.3 million (Q2 2025).