
HubSpot Inc
NYSE:HUBS

Income Statement
Earnings Waterfall
HubSpot Inc
Revenue
|
2.6B
USD
|
Cost of Revenue
|
-393.3m
USD
|
Gross Profit
|
2.2B
USD
|
Operating Expenses
|
-2.3B
USD
|
Operating Income
|
-63.6m
USD
|
Other Expenses
|
68.2m
USD
|
Net Income
|
4.6m
USD
|
Income Statement
HubSpot Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
116
N/A
|
130
+12%
|
146
+12%
|
163
+12%
|
182
+12%
|
203
+11%
|
225
+11%
|
248
+10%
|
271
+9%
|
294
+9%
|
318
+8%
|
346
+9%
|
376
+9%
|
408
+9%
|
441
+8%
|
476
+8%
|
513
+8%
|
550
+7%
|
591
+7%
|
633
+7%
|
675
+7%
|
722
+7%
|
762
+6%
|
817
+7%
|
883
+8%
|
966
+9%
|
1 073
+11%
|
1 184
+10%
|
1 301
+10%
|
1 415
+9%
|
1 526
+8%
|
1 631
+7%
|
1 731
+6%
|
1 837
+6%
|
1 944
+6%
|
2 058
+6%
|
2 170
+5%
|
2 286
+5%
|
2 394
+5%
|
2 506
+5%
|
2 628
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(35)
|
(38)
|
(41)
|
(44)
|
(48)
|
(52)
|
(55)
|
(59)
|
(62)
|
(65)
|
(68)
|
(72)
|
(76)
|
(81)
|
(87)
|
(94)
|
(100)
|
(108)
|
(114)
|
(121)
|
(130)
|
(139)
|
(146)
|
(156)
|
(167)
|
(183)
|
(208)
|
(235)
|
(259)
|
(277)
|
(293)
|
(306)
|
(314)
|
(323)
|
(332)
|
(337)
|
(338)
|
(359)
|
(367)
|
(379)
|
(393)
|
|
Gross Profit |
81
N/A
|
92
+14%
|
105
+14%
|
119
+13%
|
134
+13%
|
151
+13%
|
169
+12%
|
189
+12%
|
209
+11%
|
229
+10%
|
250
+9%
|
274
+10%
|
300
+9%
|
327
+9%
|
354
+8%
|
382
+8%
|
413
+8%
|
443
+7%
|
477
+8%
|
511
+7%
|
545
+7%
|
583
+7%
|
616
+6%
|
662
+7%
|
716
+8%
|
782
+9%
|
865
+11%
|
949
+10%
|
1 042
+10%
|
1 138
+9%
|
1 233
+8%
|
1 325
+7%
|
1 417
+7%
|
1 514
+7%
|
1 613
+7%
|
1 721
+7%
|
1 832
+6%
|
1 928
+5%
|
2 027
+5%
|
2 128
+5%
|
2 234
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(129)
|
(143)
|
(159)
|
(175)
|
(181)
|
(196)
|
(214)
|
(230)
|
(254)
|
(272)
|
(292)
|
(319)
|
(340)
|
(370)
|
(401)
|
(431)
|
(461)
|
(489)
|
(525)
|
(558)
|
(591)
|
(635)
|
(665)
|
(712)
|
(766)
|
(833)
|
(919)
|
(1 003)
|
(1 096)
|
(1 191)
|
(1 321)
|
(1 429)
|
(1 526)
|
(1 628)
|
(1 729)
|
(1 825)
|
(1 936)
|
(2 045)
|
(2 113)
|
(2 202)
|
(2 298)
|
|
Selling, General & Administrative |
(104)
|
(114)
|
(127)
|
(140)
|
(148)
|
(161)
|
(176)
|
(188)
|
(208)
|
(223)
|
(238)
|
(258)
|
(270)
|
(287)
|
(305)
|
(324)
|
(343)
|
(362)
|
(386)
|
(411)
|
(433)
|
(466)
|
(487)
|
(520)
|
(561)
|
(606)
|
(669)
|
(728)
|
(794)
|
(862)
|
(946)
|
(1 020)
|
(1 084)
|
(1 151)
|
(1 201)
|
(1 254)
|
(1 318)
|
(1 379)
|
(1 419)
|
(1 474)
|
(1 519)
|
|
Research & Development |
(26)
|
(28)
|
(32)
|
(35)
|
(33)
|
(35)
|
(38)
|
(42)
|
(46)
|
(50)
|
(54)
|
(61)
|
(70)
|
(83)
|
(96)
|
(108)
|
(118)
|
(127)
|
(139)
|
(148)
|
(158)
|
(169)
|
(178)
|
(193)
|
(206)
|
(228)
|
(251)
|
(275)
|
(302)
|
(326)
|
(373)
|
(409)
|
(442)
|
(477)
|
(528)
|
(571)
|
(618)
|
(666)
|
(694)
|
(728)
|
(779)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(49)
N/A
|
(51)
-4%
|
(54)
-6%
|
(56)
-4%
|
(47)
+17%
|
(45)
+3%
|
(45)
+1%
|
(41)
+7%
|
(45)
-8%
|
(43)
+4%
|
(42)
+1%
|
(45)
-5%
|
(40)
+10%
|
(43)
-8%
|
(47)
-8%
|
(50)
-6%
|
(48)
+3%
|
(46)
+5%
|
(48)
-3%
|
(47)
+2%
|
(47)
+0%
|
(52)
-12%
|
(50)
+5%
|
(51)
-3%
|
(50)
+1%
|
(51)
-2%
|
(54)
-6%
|
(54)
+1%
|
(54)
-1%
|
(53)
+2%
|
(88)
-66%
|
(104)
-18%
|
(109)
-5%
|
(114)
-5%
|
(117)
-2%
|
(104)
+11%
|
(104)
0%
|
(117)
-13%
|
(86)
+27%
|
(75)
+13%
|
(64)
+15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
(1)
|
(5)
|
(9)
|
(13)
|
(14)
|
(13)
|
(12)
|
(10)
|
(7)
|
(5)
|
(3)
|
(4)
|
(8)
|
(13)
|
(19)
|
(23)
|
(25)
|
(25)
|
(24)
|
(18)
|
(11)
|
(1)
|
15
|
21
|
33
|
44
|
55
|
81
|
90
|
96
|
105
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
(11)
|
(11)
|
(11)
|
(13)
|
(4)
|
(5)
|
(5)
|
0
|
0
|
0
|
(6)
|
(29)
|
(93)
|
(93)
|
(97)
|
(68)
|
(6)
|
(6)
|
(8)
|
|
Total Other Income |
1
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(1)
|
(1)
|
(1)
|
1
|
2
|
12
|
10
|
13
|
10
|
(2)
|
(5)
|
(11)
|
(8)
|
(8)
|
(5)
|
(9)
|
(9)
|
(9)
|
(5)
|
|
Pre-Tax Income |
(48)
N/A
|
(50)
-3%
|
(53)
-6%
|
(55)
-5%
|
(46)
+18%
|
(45)
+1%
|
(45)
+1%
|
(42)
+7%
|
(45)
-8%
|
(43)
+5%
|
(45)
-4%
|
(50)
-13%
|
(50)
+0%
|
(57)
-14%
|
(62)
-9%
|
(65)
-4%
|
(62)
+4%
|
(57)
+7%
|
(56)
+2%
|
(53)
+6%
|
(51)
+3%
|
(57)
-13%
|
(69)
-21%
|
(76)
-10%
|
(81)
-6%
|
(87)
-8%
|
(82)
+6%
|
(73)
+11%
|
(74)
-2%
|
(58)
+21%
|
(90)
-54%
|
(107)
-19%
|
(105)
+2%
|
(133)
-27%
|
(184)
-39%
|
(161)
+12%
|
(151)
+7%
|
(114)
+24%
|
(11)
+90%
|
6
N/A
|
29
+345%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
3
|
8
|
59
|
59
|
56
|
50
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(20)
|
(17)
|
(14)
|
(18)
|
(16)
|
(20)
|
(24)
|
|
Income from Continuing Operations |
(48)
|
(50)
|
(53)
|
(56)
|
(46)
|
(46)
|
(45)
|
(42)
|
(46)
|
(44)
|
(42)
|
(42)
|
9
|
2
|
(7)
|
(15)
|
(64)
|
(60)
|
(59)
|
(55)
|
(54)
|
(60)
|
(72)
|
(80)
|
(85)
|
(91)
|
(86)
|
(77)
|
(78)
|
(64)
|
(96)
|
(114)
|
(113)
|
(142)
|
(204)
|
(178)
|
(165)
|
(132)
|
(28)
|
(14)
|
5
|
|
Net Income (Common) |
(49)
N/A
|
(50)
-3%
|
(53)
-6%
|
(56)
-5%
|
(46)
+18%
|
(46)
+1%
|
(45)
+1%
|
(42)
+7%
|
(46)
-8%
|
(44)
+5%
|
(42)
+4%
|
(42)
0%
|
(40)
+5%
|
(47)
-18%
|
(56)
-19%
|
(64)
-15%
|
(64)
N/A
|
(60)
+7%
|
(59)
+1%
|
(55)
+6%
|
(54)
+2%
|
(60)
-12%
|
(72)
-20%
|
(80)
-10%
|
(85)
-6%
|
(91)
-6%
|
(86)
+5%
|
(77)
+10%
|
(78)
-1%
|
(64)
+18%
|
(96)
-50%
|
(114)
-18%
|
(113)
+1%
|
(142)
-26%
|
(204)
-44%
|
(178)
+13%
|
(165)
+8%
|
(132)
+20%
|
(28)
+79%
|
(14)
+49%
|
5
N/A
|
|
EPS (Diluted) |
-1.53
N/A
|
-1.52
+1%
|
-1.54
-1%
|
-1.65
-7%
|
-1.39
+16%
|
-1.33
+4%
|
-1.31
+2%
|
-1.18
+10%
|
-1.29
-9%
|
-1.2
+7%
|
-1.14
+5%
|
-1.13
+1%
|
-1.07
+5%
|
-1.24
-16%
|
-1.45
-17%
|
-1.64
-13%
|
-1.66
-1%
|
-1.46
+12%
|
-1.39
+5%
|
-1.29
+7%
|
-1.28
+1%
|
-1.41
-10%
|
-1.64
-16%
|
-1.75
-7%
|
-1.9
-9%
|
-1.95
-3%
|
-1.83
+6%
|
-1.63
+11%
|
-1.66
-2%
|
-1.33
+20%
|
-2.02
-52%
|
-2.35
-16%
|
-2.35
N/A
|
-2.86
-22%
|
-4.1
-43%
|
-3.55
+13%
|
-3.3
+7%
|
-2.56
+22%
|
-0.55
+79%
|
-0.28
+49%
|
0.09
N/A
|