Dashboard|HUBS – Overview

HUBS

HUBSPOT INC

Technology • CIK: 0001404655

Market Cap

$28.92B

P/E (TTM)

-2530.1x

Rev Growth (TTM)

—

Net Margin (TTM)

-0.4%

FCF Yield (TTM)

—

FCF Margin (TTM)

22.0%

LATEST EARNINGS

•

Q4 FY2025

•

16 days ago

•View source

Revenue

$846.75M

+20.4%

Net Income

$54.43M

+1003.6%

EPS

$1.04

+1055.6%

Gross

83.7%↓ -1.6%

Operating

5.7%↑ +7.2%

Net

6.4%↑ +5.7%

•Total revenue grew 20% year-over-year to $846.7 million in Q4 2025, and 19% for the full year to $3.13 billion, demonstrating strong top-line performance.
•GAAP operating margin improved significantly to 5.7% in Q4 2025 from -1.5% in Q4 2024, and full-year GAAP operating margin turned positive at 0.2% from -2.6% in 2024.
•Non-GAAP operating margin expanded to 22.6% in Q4 2025 from 18.9% in Q4 2024, indicating improved operational efficiency.
•Calculated billings showed robust growth, up 27% year-over-year in Q4 2025, suggesting strong future revenue potential.

View Full Earnings →

Cash Flow Health

Free Cash Flow7/8 positive

TTM$626M

Q2 '25

$148M+0%

Q1 '25

$148M-18%

FCF Margin

TTM22.0%

Q2 '2519.5%-6%

Sector: 14.5%Above Avg

OCF Margin–

OCF/NI-57.01x

CapEx Coverage12.8x

FCF Yield–

FCF Growth (2Y)–

Cash Conversion Cycle

–

View Insights from Latest Filing →View Full Cash Flow Statement →

Capital Allocation & Returns

Total Shareholder Yield

TTM0.0%

Div Yield0.0%

Insufficient data

Dividend & Payout Metrics

Dividend Yield (TTM)0.0%

Free Cash Flow (TTM)$626.4M

Est. Dividends Paid (TTM)$0

Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM

-153.6%

P25MedianP75

25th pctl (med: 0.1%)

DuPont BreakdownROIC = Margin × Turn × (1+D/E)

NOPAT Margin

3.7%

Asset Turnover

0.77x

Leverage (1+D/E)

1.00x

D/E: 0.00x

DuPont: 2.8% ≈ -153.6% ROIC

Asset & CapEx Efficiency

Invested Cap Turn

-42.07x

8Q:–

CapEx Intensity

-78.6%

8Q:–

Asset-based ROIC formula

Full Analysis

QUARTERLY TRENDS

Last 8 quarters + TTM

Metric	TTM	Q2 2025	Q1 2025	Q4 2024	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023
Revenue	$2.8B	$760.9M↑6.5%	$714.1M↑1.6%	$703.2M	$0↓100.0%	$669.7M↑5.1%	$637.2M↑3.2%	$617.4M↑6.1%	$581.9M
Operating Income	$-72.5M	$-24.6M↑10.4%	$-27.5M↓154.4%	$-10.8M	$0↑100.0%	$-9.6M↑59.8%	$-23.9M↓3.0%	$-23.2M↓0.3%	$-23.2M
Net Income	$-11.9M	$-3.3M↑85.1%	$-21.8M↓537.3%	$5.0M↓38.8%	$8.1M↑156.4%	$-14.4M↓343.3%	$5.9M↑147.8%	$-12.4M↓246.9%	$-3.6M
Operating Cash Flow	$679.6M	$164.4M↑1.7%	$161.6M↓16.8%	$194.1M↑21.7%	$159.5M↑35.4%	$117.8M↓7.3%	$127.1M↑21.8%	$104.3M↑17.1%	$89.0M
Free Cash Flow	$626.4M	$148.3M↑0.1%	$148.2M↓18.3%	$181.4M	$0↓100.0%	$148.4M↑35.4%	$109.6M↓9.6%	$121.2M↑26.8%	$95.6M
Total Equity	N/A

Income Statement Cash Flow Statement Balance Sheet

Valuation Analysis

Fair Value

Price-to-EarningsTTM

-2530.1x

Valuation Lenses

Earnings

-2530.1x

vs – sector

Cash Flow

29.1x

EV/FCF vs –

Growth-Adj

–PEG

N/A

Quality-Adj

–P/E per %ROIC

ROIC: -153.6%

Shareholder Returns

Dividend

–

Buyback

–

Total Yield

–

Market Cap$28.92B

EV–

Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score

-220/100

Below Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Below Avg

-0.6%

8Q:–

Return on Invested Capital (ROIC)Below Avg

-1.5%

8Q:–

vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 3.7%

Asset Turnover: 0.77x

Earnings Quality

Cash Conversion

-57.01x

OCF / Net Income

FCF Consistency

–

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin84.6%

Capital Efficiency

Invested Capital Turnover-42.07x

Working Capital

Cash Conversion Cycle–

Growth Quality & Momentum

Growth Rates

Revenue Growth YoY

N/A

OpInc Growth YoY

-155.6%

EPS Growth YoY

N/A

FCF 3Y CAGR

N/A

Margin Quality & Sustainability

Moderate

Profitability Cascade

Gross

84.6%

Operating

-2.5%

Below Avg in sector

Net

-0.4%

Margins Unknown

Earnings Quality Signals

SBC / Revenue

—

FCF vs Net Gap

+22.4 pts

FCF: 22.0% | Net: -0.4%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress

Net Debt / EBITDA

Net Cash

(0.0x)Net Cash: $1.67B

Interest Coverage

–

+Net cash position: $1.67B

Leverage Metrics

Debt-to-Equity

0.00x

Balance sheet risk & solvency analysis