HubSpot, Inc.

HUBSNYSE

$269.38

Last price · USD

Market cap: $14.33B
P/E: 313.2x
EV / EBITDA: 66.3x
P/S: 4.6x
FCF yield: 4.9%
Div. yield: 0.00%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

HubSpot, Inc. balance sheet

Annual · USD millions except per-share data · 42 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	882	513	388	331	377	+23.7%
Short-term investments	822	1,557	1,000	1,082	821	0.0%
Cash & short-term investments	1,704	2,069	1,388	1,413	1,198	+9.2%
Net receivables	419	335	295	227	157	+27.8%
Accounts receivable	419	335	295	227	157	+27.8%
Prepaids	0	0	0	0	38	—
Other current assets	327	229	188	115	60	+52.9%
Total current assets	2,450	2,634	1,872	1,755	1,454	+13.9%
Non-current assets
Property, plant & equipment (net)	343	330	354	425	377	-2.4%
Goodwill	291	210	174	46	47	+57.7%
Intangible assets	249	192	149	81	50	+49.1%
Goodwill & intangible assets	540	402	322	127	97	+53.4%
Long-term investments	137	154	326	113	175	-6.0%
Other non-current assets	385	276	197	125	72	+52.1%
Total non-current assets	1,404	1,162	1,200	790	721	+18.1%
Total assets	3,854	3,796	3,071	2,545	2,175	+15.4%
Current liabilities
Accounts payable	25	4	9	21	3	+72.9%
Total payables	25	4	9	21	3	+72.9%
Short-term debt	0	458	0	0	20	—
Capital lease obligations (current)	40	33	35	36	26	+10.8%
Deferred revenue	1,005	784	672	540	430	+23.6%
Other current liabilities	99	67	53	10	64	+11.6%
Total current liabilities	1,467	1,573	942	762	617	+24.2%
Non-current liabilities
Long-term debt	0	0	456	454	383	—
Capital lease obligations (non-current)	223	255	297	316	284	-5.9%
Deferred revenue (non-current)	8	4	6	6	4	+17.4%
Other non-current liabilities	89	56	36	15	12	+64.7%
Total non-current liabilities	320	314	795	791	684	-17.3%
Capital lease obligations	262	287	332	352	310	-4.1%
Total debt	262	745	788	806	713	-22.1%
Total liabilities	1,788	1,888	1,737	1,553	1,301	+8.3%
Stockholders' equity
Common stock	0	0	0	0	0	+3.0%
Retained earnings	(754)	(800)	(804)	(642)	(561)	—
Additional paid-in capital	2,815	2,714	2,137	1,647	1,436	+18.3%
Treasury stock	0	0	0	0	0	—
Accumulated other comprehensive income (loss)	5	(6)	2	(13)	(1)	—
Total stockholders' equity	2,066	1,908	1,334	992	874	+24.0%
Total equity	2,066	1,908	1,334	992	874	+24.0%
Total liabilities & equity	3,854	3,796	3,071	2,545	2,175	+15.4%
Additional fields
Accrued Expenses	299	227	172	155	74	+41.5%
Net Debt	(620)	233	400	475	336	—
Total Investments	958	1,711	1,326	1,194	996	-1.0%

HubSpot, Inc.

HUBSNYSE

$269.38

Last price · USD

Market cap: $14.33B
P/E: 313.2x
EV / EBITDA: 66.3x
P/S: 4.6x
FCF yield: 4.9%
Div. yield: 0.00%

Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.

HubSpot, Inc. balance sheet

Annual · USD millions except per-share data · 42 lines

Fiscal year	2025latest	2024	2023	2022	2021	CAGR
Current assets
Cash & cash equivalents	882	513	388	331	377	+23.7%
Short-term investments	822	1,557	1,000	1,082	821	0.0%
Cash & short-term investments	1,704	2,069	1,388	1,413	1,198	+9.2%
Net receivables	419	335	295	227	157	+27.8%
Accounts receivable	419	335	295	227	157	+27.8%
Prepaids	0	0	0	0	38	—
Other current assets	327	229	188	115	60	+52.9%
Total current assets	2,450	2,634	1,872	1,755	1,454	+13.9%
Non-current assets
Property, plant & equipment (net)	343	330	354	425	377	-2.4%
Goodwill	291	210	174	46	47	+57.7%
Intangible assets	249	192	149	81	50	+49.1%
Goodwill & intangible assets	540	402	322	127	97	+53.4%
Long-term investments	137	154	326	113	175	-6.0%
Other non-current assets	385	276	197	125	72	+52.1%
Total non-current assets	1,404	1,162	1,200	790	721	+18.1%
Total assets	3,854	3,796	3,071	2,545	2,175	+15.4%
Current liabilities
Accounts payable	25	4	9	21	3	+72.9%
Total payables	25	4	9	21	3	+72.9%
Short-term debt	0	458	0	0	20	—
Capital lease obligations (current)	40	33	35	36	26	+10.8%
Deferred revenue	1,005	784	672	540	430	+23.6%
Other current liabilities	99	67	53	10	64	+11.6%
Total current liabilities	1,467	1,573	942	762	617	+24.2%
Non-current liabilities
Long-term debt	0	0	456	454	383	—
Capital lease obligations (non-current)	223	255	297	316	284	-5.9%
Deferred revenue (non-current)	8	4	6	6	4	+17.4%
Other non-current liabilities	89	56	36	15	12	+64.7%
Total non-current liabilities	320	314	795	791	684	-17.3%
Capital lease obligations	262	287	332	352	310	-4.1%
Total debt	262	745	788	806	713	-22.1%
Total liabilities	1,788	1,888	1,737	1,553	1,301	+8.3%
Stockholders' equity
Common stock	0	0	0	0	0	+3.0%
Retained earnings	(754)	(800)	(804)	(642)	(561)	—
Additional paid-in capital	2,815	2,714	2,137	1,647	1,436	+18.3%
Treasury stock	0	0	0	0	0	—
Accumulated other comprehensive income (loss)	5	(6)	2	(13)	(1)	—
Total stockholders' equity	2,066	1,908	1,334	992	874	+24.0%
Total equity	2,066	1,908	1,334	992	874	+24.0%
Total liabilities & equity	3,854	3,796	3,071	2,545	2,175	+15.4%
Additional fields
Accrued Expenses	299	227	172	155	74	+41.5%
Net Debt	(620)	233	400	475	336	—
Total Investments	958	1,711	1,326	1,194	996	-1.0%