Hubspot (HUBS) Tax Provisions (2014 - 2026)
Hubspot (HUBS) reported Tax Provisions of $6.7 million for Q1 2026, down 43.48% on a YoY basis from $11.9 million in Q1 2025, and down 6.8% quarter-over-quarter from $7.2 million in Q4 2025.
Hubspot (HUBS) Tax Provisions (2014 - 2026) Analysis & Trends
Hubspot has reported Tax Provisions for 13 years, with the latest figure at $6.7 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 43.48% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2026 stood at $18.4 million (down 46.26% YoY), and the FY2025 full-year result was $23.6 million, down 2.06% from the prior year.
- Tax Provisions for Q1 2026 stood at $6.7 million, down from $7.2 million in the prior quarter.
- The five-year high for Tax Provisions was $11.9 million in Q1 2025, with the low at -$2.2 million in Q2 2025.
- Historically, Tax Provisions has averaged $4.6 million across 5 years, with a median of $3.8 million in 2023.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 1154.01% — and 2023, when it slumped 180.78%.
- Hubspot's Tax Provisions stood at $4.9 million in 2022, then retreated by 21.7% to $3.8 million in 2023, then surged by 110.21% to $8.0 million in 2024, then dropped by 9.7% to $7.2 million in 2025, then declined by 6.8% to $6.7 million in 2026.
- The last three Tax Provisions figures came in at $6.7 million (Q1 2026), $7.2 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 | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -32.53 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 194.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -53.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 614.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 92.44 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 204.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 422.00 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 526.00 Mn |
| 10 | Hubspot | 9.55 Bn | 8.42 Bn | 735.30 Mn | 6.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.74 Mn |
| Dec 31, 2025 | 7.23 Mn |
| Sep 30, 2025 | 6.60 Mn |
| Jun 30, 2025 | -2.20 Mn |
| Mar 31, 2025 | 11.92 Mn |
| Dec 31, 2024 | 8.01 Mn |
| Sep 30, 2024 | 2.50 Mn |
| Jun 30, 2024 | 11.75 Mn |
| Mar 31, 2024 | 1.79 Mn |
| Dec 31, 2023 | 3.81 Mn |
| Sep 30, 2023 | -1.41 Mn |
| Jun 30, 2023 | 8.57 Mn |
| Mar 31, 2023 | 2.42 Mn |
| Dec 31, 2022 | 4.87 Mn |
| Sep 30, 2022 | 1.75 Mn |
| Jun 30, 2022 | 2.12 Mn |
| Mar 31, 2022 | 1.44 Mn |
| Dec 31, 2021 | 4.25 Mn |
| Sep 30, 2021 | 1.12 Mn |
| Jun 30, 2021 | 1.66 Mn |