Cost of revenue · 2012–2025

Hubspot cost of revenue

$508M+29.3% · FY2025

Hubspot (HUBS) reported $508M in cost of revenue for fiscal 2025, +29.3% year on year.

$16.8M2012$27.5M2013$35.1M2014$47.9M2015$61.9M2016$75.7M2017$100M2018$130M2019$167M2020$259M2021$308M2022$338M2023$393M2024$508M2025
Hubspot — Cost of revenue, 2012–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$508M+29.3%Open →
FY20242024-12-31$393M+16.2%Open →
FY20232023-12-31$338M+9.9%Open →
FY20222022-12-31$308M+19.0%Open →
FY20212021-12-31$259M+55.0%Open →
FY20202020-12-31$167M+28.5%Open →
FY20192019-12-31$130M+29.5%Open →
FY20182018-12-31$100M+32.5%Open →
FY20172017-12-31$75.7M+22.4%Open →
FY20162016-12-31$61.9M+29.1%Open →
FY20152015-12-31$47.9M+36.6%Open →
FY20142014-12-31$35.1M+27.5%Open →
FY20132013-12-31$27.5M+63.3%Open →
FY20122012-12-31$16.8M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2012–2025 compound annual growth +30.0%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Hubspot cost of revenue |url=https://companiesranked.com/en/company/hubspot/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Hubspot cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/hubspot/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-hubspot-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Hubspot cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/hubspot/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001193125-26-046646 · February 11, 2026

{{cite web |title=Hubspot cost of revenue — 10-K (0001193125-26-046646) |url=https://www.sec.gov/Archives/edgar/data/1404655/000119312526046646/hubs-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-11}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

← Hubspot overview