Filing Flows › HubSpot (HUBS) › Operating margin
HubSpot (HUBS) operating margin by quarter
HubSpot's operating margin was 7.6% in Q3 2026 (third quarter 2026), +2.8 pts from Q2 2026. Over the last 5 quarters it ranged from 1.4% (Q3 2025) to 7.6% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 7.6% | +2.8 pts | +6.2 pts |
| Q2 2026 | 4.8% | +1.6 pts | — |
| Q1 2026 | 3.2% | -2.5 pts | — |
| Q4 2025 | 5.7% | +4.3 pts | — |
| Q3 2025 | 1.4% | — | — |
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 operating margin?
HubSpot's operating margin was 7.6% in Q3 2026 (third quarter 2026), +2.8 pts from Q2 2026.
How has HubSpot's operating margin changed?
Over the last 5 quarters it ranged from 1.4% (Q3 2025) to 7.6% (Q3 2026).