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. cash flow statement
Annual · USD millions except per-share data · 34 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 46 | 5 | (176) | (113) | (78) | — | |
| Depreciation & amortization | 136 | 97 | 73 | 58 | 45 | +31.8% | |
| Deferred income tax | -0 | 3 | 5 | (2) | (3) | — | |
| Stock-based compensation | 528 | 505 | 432 | 276 | 167 | +33.4% | |
| Change in working capital | 96 | 57 | (11) | 58 | 110 | -3.4% | |
| Accounts receivables | (64) | (48) | 0 | (74) | (34) | — | |
| Inventory | 0 | 0 | 0 | 0 | 59 | — | |
| Accounts payables | 19 | (5) | (14) | 18 | (11) | — | |
| Other working capital | 141 | 110 | 3 | 114 | 95 | +10.2% | |
| Other non-cash items | (45) | (67) | 28 | (4) | (2) | — | |
| Net cash from operating activities | 761 | 599 | 351 | 273 | 239 | +33.6% | |
| Operating cash flow | 761 | 599 | 351 | 273 | 239 | +33.6% | |
| Investing activities | |||||||
| Investments in PP&E | (53) | (38) | (34) | (37) | (29) | — | |
| Capital expenditure | (53) | (38) | (100) | (92) | (62) | — | |
| Acquisitions, net | (88) | (40) | (142) | 0 | (20) | — | |
| Purchases of investments | (1,477) | (2,009) | (1,595) | (1,537) | (1,498) | — | |
| Sales / maturities of investments | 2,237 | 1,661 | 1,503 | 1,310 | 1,400 | +12.4% | |
| Other investing activities | (128) | (89) | (67) | (54) | (33) | — | |
| Net cash from investing activities | 492 | (516) | (335) | (320) | (180) | — | |
| Financing activities | |||||||
| Net debt issuance | (460) | -0 | -0 | (81) | (90) | — | |
| Long-term net debt issuance | (460) | -0 | -0 | (81) | (90) | — | |
| Net stock issuance | (429) | 76 | 48 | 40 | 47 | — | |
| Common stock issuance | 71 | 76 | 48 | 40 | 47 | +11.3% | |
| Common stock repurchased | (500) | 0 | 0 | 0 | 0 | — | |
| Net common stock issuance | (429) | 76 | 48 | 40 | 47 | — | |
| Other financing activities | (22) | (22) | (11) | 49 | (8) | — | |
| Net cash from financing activities | (910) | 53 | 37 | 7 | (51) | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | 26 | (12) | 5 | (7) | (9) | — | |
| Net change in cash | 368 | 125 | 58 | (46) | (1) | — | |
| Cash at beginning of period | 517 | 392 | 334 | 380 | 381 | +7.9% | |
| Cash at end of period | 885 | 517 | 392 | 334 | 380 | +23.5% | |
| Free cash flow | 708 | 561 | 251 | 181 | 177 | +41.4% | |
| Income taxes paid | 19 | 12 | 13 | 5 | 7 | +29.0% | |
| Interest paid | 0 | 2 | 2 | 2 | 2 | -30.8% | |