HubSpot, Inc. (HUBS)

HubSpot Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	100.26	45.91	4.63	-164.51	-107.35	-77.84
Depreciation & Amortization	147.7	136.3	96.83	72.67	58.15	45.16
Stock-Based Compensation	527.2	528.15	504.77	432.27	275.85	166.76
Other Adjustments	-39.87	-45.16	-64.46	28.26	-5.72	-4.87
Change in Receivables	-51.22	-64	-48.43	-57.62	-73.99	-34.11
Changes in Accounts Payable	32.28	19	-4.58	-14.03	18.28	-10.61
Changes in Accrued Expenses	94.49	117.97	89.13	79.95	26.14	58.21
Changes in Unearned Revenue	182.83	183.88	131.04	109.93	116.97	127.72
Changes in Other Operating Activities	-195.82	-161.32	-110.33	-135.94	-35.16	-31.7
Operating Cash Flow	797.97	760.72	598.6	350.97	273.17	238.73
Operating Cash Flow Growth	26.05%	27.08%	70.56%	28.48%	14.43%	168.50%
Capital Expenditures	-55.24	-53.17	-37.94	-33.72	-37.43	-28.73
Purchases of Intangible Assets	-135.34	-130.9	-90.87	-66.54	-54.35	-33.14
Purchases of Investments	-1,156	-1,477	-2,009	-1,595	-1,537	-1,501
Proceeds from Sale of Investments	1,922	2,240	1,661	1,503	1,310	1,400
Payments for Business Acquisitions	-44.59	-87.61	-40.44	-142.13	-	-16.81
Other Investing Activities	-	-	1.93	-	-	-
Investing Cash Flow	533.79	491.77	-515.86	-334.77	-319.66	-179.51
Long-Term Debt Repaid	-369.24	-459.81	-0.06	-0.01	-81.43	-89.53
Net Long-Term Debt Issued (Repaid)	-369.24	-459.81	-0.06	-0.01	-81.43	-89.53
Issuance of Common Stock	68.4	71.39	75.5	47.74	39.93	46.51
Repurchase of Common Stock	-722.4	-521.59	-21.95	-10.71	-11.53	-17.44
Net Common Stock Issued (Repurchased)	-654	-450.2	53.55	37.02	28.41	29.07
Other Financing Activities	-2.62	-	-	-	60.45	8.99
Financing Cash Flow	-1,026	-910.01	53.5	37.01	7.43	-51.47
Effect of Exchange Rate Changes on Cash and Cash Equivalents	11.66	25.74	-11.55	4.65	-6.81	-8.86
Net Cash Flow	317.56	368.23	124.68	57.87	-45.87	-1.11
Free Cash Flow	742.73	707.55	560.66	317.25	235.75	210
Free Cash Flow Growth	4.97%	26.20%	76.72%	34.57%	12.26%	306.67%
FCF Margin	22.52%	22.60%	21.34%	14.62%	13.62%	16.15%
Free Cash Flow Per Share	14.11	13.30	10.82	6.36	4.90	4.48
Levered Free Cash Flow	-62.74	-171.25	168.72	-85.67	-41.82	-7.31
Unlevered Free Cash Flow	256.99	247.53	153.24	-140.67	34.79	102.27

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q