Hubspot (HUBS) Tax Provisions (2014 - 2026)
Hubspot's (HUBS) quarterly Tax Provisions came in at $6.7 million in Q1 2026, down 43.48% YoY from $11.9 million in Q1 2025, and up 138.73% on a QoQ basis from -$17.4 million in Q4 2025.
Hubspot (HUBS) Tax Provisions (2014 - 2026) Analysis & Trends
Hubspot (HUBS) has 13 years of Tax Provisions data on file, last reported at $6.7 million in Q1 2026.
- Quarterly Tax Provisions fell 43.48% year-over-year to $6.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$6.3 million (down 166.58% YoY) and the FY2025 annual result came in at -$1.1 million, down 47.81% from the prior year.
- Tax Provisions improved to $6.7 million in Q1 2026, from -$17.4 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $11.9 million in Q1 2025 to a low of -$47.4 million in Q4 2023.
- A 5-year average of -$2.2 million and a median of $1.8 million in 2024 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 1154.01% — and 2023, when it plunged 357.72%.
- Tracing HUBS's Tax Provisions over 5 years: stood at -$10.4 million in 2022, then sank by 357.72% to -$47.4 million in 2023, then jumped by 64.63% to -$16.8 million in 2024, then slipped by 3.77% to -$17.4 million in 2025, then jumped by 138.73% to $6.7 million in 2026.
- The last three Tax Provisions figures came in at $6.7 million (Q1 2026), -$17.4 million (Q4 2025), and $6.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -1.86 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 273.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 614.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 840.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 140.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -1.09 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 279.20 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 526.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 983.00 Mn |
| 10 | Hubspot | 11.12 Bn | 9.78 Bn | 750.86 Mn | 6.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.23 Mn |
| Mar 31, 2026 | 6.74 Mn |
| Dec 31, 2025 | -17.40 Mn |
| Sep 30, 2025 | 6.60 Mn |
| Jun 30, 2025 | -2.20 Mn |
| Mar 31, 2025 | 11.92 Mn |
| Dec 31, 2024 | -16.77 Mn |
| Sep 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 11.75 Mn |
| Mar 31, 2024 | 1.79 Mn |
| Dec 31, 2023 | -47.42 Mn |
| Sep 30, 2023 | -1.41 Mn |
| Jun 30, 2023 | 8.57 Mn |
| Mar 31, 2023 | 2.42 Mn |
| Dec 31, 2022 | -10.36 Mn |
| Sep 30, 2022 | 1.75 Mn |
| Jun 30, 2022 | 2.12 Mn |
| Mar 31, 2022 | 1.44 Mn |
| Dec 31, 2021 | -18.10 Mn |
| Sep 30, 2021 | 1.12 Mn |