HubSpot (HUBS) operating expenses was $2.6B in FY2025 (+14% YoY). The tables below show the complete quarterly and annual operating expenses history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual Operating Expenses
Fiscal Year
Operating Expenses
YoY
2025
$2.6B
+14%
2024
$2.3B
+19%
2023
$1.9B
+27%
2022
$1.5B
+39%
2021
$1.1B
+43%
2020
$767M
+30%
2019
$592M
+28%
2018
$461M
+36%
2017
$340M
+34%
2016
$254M
+41%
2015
$180M
+39%
2014
$129M
+56%
2013
$83M
Recent Quarterly Operating Expenses
Quarter
Operating Expenses
Q1 2026
$706M
Q4 2025
$660M
Q3 2025
$664M
Q2 2025
$662M
Q1 2025
$625M
Q4 2024
$609M
Q3 2024
$579M
Q2 2024
$565M
Q1 2024
$545M
Q4 2023
$514M
Q3 2023
$490M
Q2 2023
$496M
Source: HUBS on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.