Filing Flows › HubSpot (HUBS) › Gross margin
HubSpot (HUBS) gross margin by quarter
HubSpot's gross margin was 82.6% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026. Over the last 5 quarters it ranged from 82.4% (Q2 2026) to 83.7% (Q4 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 82.6% | +0.3 pts | -0.9 pts |
| Q2 2026 | 82.4% | -1.1 pts | — |
| Q1 2026 | 83.5% | -0.3 pts | — |
| Q4 2025 | 83.7% | +0.2 pts | — |
| Q3 2025 | 83.5% | — | — |
Q3 2026 at a glance
HubSpot, Q3 2026: revenue $948M (+17% year over year), operating margin 7.6%, net earnings $83.0M, operating cash flow $238M. The chart follows the revenue to costs, profit and cash.
Questions
What is HubSpot's gross margin?
HubSpot's gross margin was 82.6% in Q3 2026 (third quarter 2026), +0.3 pts from Q2 2026.
How has HubSpot's gross margin changed?
Over the last 5 quarters it ranged from 82.4% (Q2 2026) to 83.7% (Q4 2025).