Filing Flows › HubSpot (HUBS) › R&D spending
HubSpot (HUBS) R&D spending by quarter
HubSpot's R&D spending was $223M in Q3 2026 (third quarter 2026), -1% from Q2 2026. Over the last 7 quarters it ranged from $220M (Q1 2025) to $237M (Q2 2025).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $223M | -1% | -2% |
| Q2 2026 | $226M | -4% | -5% |
| Q1 2026 | $234M | +6% | +6% |
| Q4 2025 | $221M | -3% | — |
| Q3 2025 | $228M | -4% | — |
| Q2 2025 | $237M | +8% | — |
| Q1 2025 | $220M | — | — |
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 R&D spending?
HubSpot's R&D spending was $223M in Q3 2026 (third quarter 2026), -1% from Q2 2026.
How has HubSpot's R&D spending changed?
Over the last 7 quarters it ranged from $220M (Q1 2025) to $237M (Q2 2025).