Last 48 quarters of trend data · Technology · Software - Application
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
HubSpot, Inc.'s quarterly P/E stands at 98.4x. EV/EBITDA has compressed 99.2% YoY to 43.8x, reflecting multiple compression or accelerating EBITDA.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 204.69 | 98.43 | 96.47 | 377.26 | — | — | 1935.47 | 830.63 | — | 1305.33 | — | — | — |
| — | — | -95.0% | -54.6% | — | — | — | — | — | — | — | — | — | |
| P/S Ratio | 2.88 | 3.64 | 6.23 | 7.61 | 9.64 | 10.43 | 12.94 | 10.27 | 11.80 | 13.07 | 12.56 | 11.05 | 12.50 |
| — | -65.1% | -51.9% | -25.9% | -18.3% | -20.2% | +3.1% | -7.0% | -5.5% | +23.8% | +67.2% | +51.2% | +46.6% | |
| P/B Ratio | 4.53 | 6.43 | 10.21 | 13.28 | 14.20 | 14.86 | 19.08 | 15.71 | 18.79 | 22.27 | 21.90 | 20.78 | 24.43 |
| — | -56.8% | -46.5% | -15.5% | -24.4% | -33.2% | -12.9% | -24.4% | -23.1% | +10.0% | +54.1% | +45.1% | +48.1% | |
| P/FCF | 12.74 | 17.49 | 25.88 | 34.80 | 49.44 | 50.25 | 50.16 | 35.94 | 85.28 | 81.01 | 93.23 | 101.84 | 134.41 |
| — | -65.2% | -48.4% | -3.2% | -42.0% | -38.0% | -46.2% | -64.7% | -36.6% | -4.2% | +87.5% | +11.5% | -53.7% | |
| EV / EBITDA | 49.00 | 43.80 | 44.82 | 442.22 | 845.32 | 5523.18 | 520.95 | 453.13 | — | — | — | 3187.62 | — |
| — | -99.2% | -91.4% | -2.4% | — | — | — | -85.8% | — | — | — | — | — | |
| EV / EBIT | 756.47 | 76.74 | 106.35 | 262.55 | — | — | 656.94 | 601.54 | — | 941.45 | — | — | — |
| — | — | -83.8% | -56.4% | — | — | — | — | — | — | — | — | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
HubSpot, Inc.'s operating margin was 3.3% in Q1 2026, down 2.5 pp QoQ and up 7.1 pp YoY. The trailing four-quarter average of 1.8% lags the current quarter, suggesting the recent improvement is above-trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 83.8% | 83.5% | 83.7% | 83.5% | 83.9% | 83.9% | 85.3% | 85.2% | 85.0% | 84.6% | 84.8% | 84.6% | 83.9% |
| — | -0.5% | -1.8% | -2.0% | -1.3% | -0.8% | +0.6% | +0.6% | +1.3% | +0.7% | +2.2% | +3.9% | +3.3% | |
| Operating Margin | 0.4% | 3.3% | 5.7% | 1.4% | -3.2% | -3.8% | -1.5% | -1.4% | -3.8% | -3.8% | -4.2% | -3.3% | -22.0% |
| — | +185.7% | +474.1% | +196.5% | +13.9% | -2.3% | +63.3% | +56.8% | +82.9% | +56.2% | -45.7% | +54.1% | -77.2% | |
| Net Margin | 1.5% | 3.7% | 6.4% | 2.0% | -0.4% | -3.1% | 0.7% | 1.2% | -2.3% | 1.0% | -2.3% | -0.6% | -21.1% |
| — | +221.1% | +807.5% | +67.9% | +81.1% | -417.5% | +130.3% | +289.6% | +89.3% | +113.1% | +29.8% | +90.9% | -58.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 2.3% | 1.6% | 2.8% | 0.8% | -0.2% | -1.1% | 0.3% | 0.5% | -0.9% | 0.4% | -1.1% | -0.3% | -10.5% |
| — | +243.9% | +919.2% | +73.6% | +83.1% | -361.2% | +125.2% | +254.1% | +91.0% | +111.8% | +34.5% | +91.1% | -58.9% | |
| ROA | 1.2% | 0.8% | 1.5% | 0.5% | -0.1% | -0.6% | 0.1% | 0.2% | -0.4% | 0.2% | -0.5% | -0.1% | -4.2% |
| — | +249.6% | +992.0% | +95.2% | +80.5% | -399.2% | +129.3% | +282.7% | +89.4% | +113.4% | +28.4% | +90.6% | -67.1% | |
| ROIC | 0.4% | 1.5% | 2.3% | 0.5% | -1.0% | -1.0% | -0.4% | -0.4% | -1.1% | -1.0% | -1.2% | -1.0% | -5.9% |
| — | +248.6% | +700.1% | +231.2% | +9.1% | +0.6% | +66.8% | +59.5% | +81.8% | +54.1% | -58.2% | +47.2% | -90.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
HubSpot, Inc.'s Debt/EBITDA ratio is 3.6x, down from 4.2x last quarter — at a moderate level that warrants monitoring.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.12 | 0.23 | 0.15 | 0.14 | 0.33 | 0.39 | 0.43 | 0.48 | 0.53 | 0.59 | 0.66 | 0.74 |
| — | -62.1% | -39.9% | -66.1% | -71.5% | -38.8% | -33.8% | -34.8% | -35.5% | -29.9% | -27.3% | -18.3% | -13.7% | |
| Debt / EBITDA | 2.76 | 3.57 | 4.20 | 19.80 | 32.70 | 485.30 | 42.40 | 49.29 | — | — | — | 403.03 | — |
| — | -99.3% | -90.1% | -59.8% | — | — | — | -87.8% | — | — | — | — | — | |
| Current Ratio | 1.52 | 1.61 | 1.52 | 1.61 | 1.79 | 1.66 | 1.67 | 1.64 | 1.56 | 2.07 | 1.99 | 2.35 | 2.25 |
| — | -2.9% | -9.5% | -1.9% | +15.4% | -19.9% | -15.8% | -30.4% | -30.9% | -8.0% | -13.8% | +0.7% | -2.7% | |
| Quick Ratio | 1.52 | 1.61 | 1.52 | 1.61 | 1.79 | 1.66 | 1.67 | 1.64 | 1.56 | 2.07 | 1.99 | 2.35 | 2.25 |
| — | -2.9% | -9.5% | -1.9% | +15.4% | -19.9% | -15.8% | -30.4% | -30.9% | -8.0% | -13.8% | +0.7% | -2.7% | |
| Interest Coverage | 13.01 | 161.38 | — | 5784.00 | -23.04 | -14.32 | 14.69 | 12.38 | -1.98 | 9.26 | -8.39 | -4.25 | -109.18 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying HUBS stock.
HubSpot, Inc.'s current P/E is 204.7x. The average P/E over the last 3 quarters is 190.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
HubSpot, Inc.'s current operating margin is 0.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking HubSpot, Inc.'s business trajectory between earnings reports.