Hubspot (HUBS) Tax Rate (2024 - 2026)
Hubspot (HUBS) reported Tax Rate of 12.57% for Q2 2026, down 27.73 percentage points from 40.30% a year earlier and down 4.59 percentage points from the prior quarter.
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Analysis
Hubspot (HUBS) Tax Rate (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hubspot's Tax Rate came in at 15.43%, down 227.96 percentage points year-over-year; for FY2025, it was 33.91%, down 49.96 percentage points from FY2024.
- Tax Rate has a five-year change of +39.12 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 83.86% in FY2024 (+93.12 pp), -9.25% in FY2023 (-0.22 pp), -9.03% in FY2022 (-3.59 pp) and -5.44% in FY2021 (-0.23 pp).
- Five-year quarterly Tax Rate spans a low of -438.22% in Q2 2024 and a high of 61.65% in Q4 2024.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of +63.86 percentage points.
- The high point for year-over-year Tax Rate in five years was Q2 2025 (a gain of 478.51 percentage points); the low point was Q2 2024 (a drop of 429.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 17.15% (Q1 2026), 11.73% (Q4 2025) and 28.53% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn | 1.42% |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - | 15.11% |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn | - |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn | 22.54% |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn | 31.96% |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn | 22.20% |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn | 32.78% |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn | - |
| 10 | Hubspot | 10.17 Bn | 3.95 Bn | 750.86 Mn | 12.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.57% |
| Mar 31, 2026 | 17.15% |
| Dec 31, 2025 | 11.73% |
| Sep 30, 2025 | 28.53% |
| Dec 31, 2024 | 61.65% |
| Sep 30, 2024 | 23.50% |
| Mar 31, 2024 | 23.13% |
API Access
Hubspot Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HUBS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HUBS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HUBS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();