HubSpot Research and Development Expenses 2012-2026 | HUBS
HubSpot annual/quarterly research and development expenses history and growth rate from 2012 to 2026. Research and development expenses can be defined as an expense arising from studies and product development processes.
- HubSpot research and development expenses for the quarter ending June 30, 2026 were $0.226B, a 4.85% decline year-over-year.
- HubSpot research and development expenses for the twelve months ending June 30, 2026 were $0.909B, a 5.36% increase year-over-year.
- HubSpot annual research and development expenses for 2025 were $0.906B, a 16.34% increase from 2024.
- HubSpot annual research and development expenses for 2024 were $0.779B, a 26.06% increase from 2023.
- HubSpot annual research and development expenses for 2023 were $0.618B, a 39.75% increase from 2022.
|
HubSpot Annual Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2025 | $906 |
| 2024 | $779 |
| 2023 | $618 |
| 2022 | $442 |
| 2021 | $302 |
| 2020 | $206 |
| 2019 | $158 |
| 2018 | $118 |
| 2017 | $70 |
| 2016 | $46 |
| 2015 | $32 |
| 2014 | $26 |
| 2013 | $15 |
| 2012 | $11 |
| 2011 | $10 |
|
HubSpot Quarterly Research and Development Expenses (Millions of US $) |
|
|---|---|
| 2026-06-30 | $226 |
| 2026-03-31 | $234 |
| 2025-12-31 | $221 |
| 2025-09-30 | $228 |
| 2025-06-30 | $237 |
| 2025-03-31 | $220 |
| 2024-12-31 | $214 |
| 2024-09-30 | $191 |
| 2024-06-30 | $198 |
| 2024-03-31 | $176 |
| 2023-12-31 | $163 |
| 2023-09-30 | $157 |
| 2023-06-30 | $170 |
| 2023-03-31 | $128 |
| 2022-12-31 | $116 |
| 2022-09-30 | $114 |
| 2022-06-30 | $119 |
| 2022-03-31 | $93 |
| 2021-12-31 | $83 |
| 2021-09-30 | $78 |
| 2021-06-30 | $72 |
| 2021-03-31 | $68 |
| 2020-12-31 | $56 |
| 2020-09-30 | $54 |
| 2020-06-30 | $49 |
| 2020-03-31 | $46 |
| 2019-12-31 | $43 |
| 2019-09-30 | $40 |
| 2019-06-30 | $40 |
| 2019-03-31 | $35 |
| 2018-12-31 | $32 |
| 2018-09-30 | $31 |
| 2018-06-30 | $28 |
| 2018-03-31 | $26 |
| 2017-12-31 | $22 |
| 2017-09-30 | $19 |
| 2017-06-30 | $16 |
| 2017-03-31 | $13 |
| 2016-12-31 | $13 |
| 2016-09-30 | $12 |
| 2016-06-30 | $11 |
| 2016-03-31 | $10 |
| 2015-12-31 | $9 |
| 2015-09-30 | $8 |
| 2015-06-30 | $8 |
| 2015-03-31 | $8 |
| 2014-12-31 | $11 |
| 2014-09-30 | $5 |
| 2014-06-30 | $5 |
| 2014-03-31 | $5 |
| 2013-09-30 | $4 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Computer and Technology | Internet Software | $10.777B | $3.131B |
| HubSpot Inc. provides inbound marketing and sales application over the cloud. The software-as-a-service (SaaS) vendor helps businesses attract more customers through search engine optimization (SEO), social media, blogging, website content management, marketing automation, email, Customer Relationship Management (CRM), analytics and reporting. The company's core products are Marketing Hub, Service Hub and Sales Hub, together referred to as HubSpot growth platform. HubSpot Marketing's important features are Marketing Automation and Email, Content Optimization System (COS), Social Media, SEO, CRM Sync and Reporting and Analytics. HubSpot Marketing is available for free as well as at different price points. | |||
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| Spotify Technology (SPOT) | Luxembourg | $104.887B | 31.72 |
| Datadog (DDOG) | United States | $82.559B | 376.92 |
| Sea (SE) | Singapore | $62.197B | 39.30 |
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| Atlassian (TEAM) | United States | $48.729B | 192.02 |
| Workday (WDAY) | United States | $46.723B | 31.68 |
| Block (XYZ) | United States | $45.829B | 26.12 |
| Autodesk (ADSK) | United States | $45.343B | 25.17 |
| Constellation Software (CNSWF) | Canada | $42.946B | 20.32 |
| Paychex (PAYX) | United States | $41.309B | 21.08 |
| Twilio (TWLO) | United States | $37.448B | 94.51 |
| CoreWeave (CRWV) | United States | $37.334B | 0.00 |
| Adyen (ADYEY) | Netherlands | $31.810B | 0.00 |
| MongoDB (MDB) | United States | $30.898B | 1667.65 |
| Reddit (RDDT) | United States | $29.023B | 35.08 |
| Zoom Communications (ZM) | United States | $25.902B | 24.45 |
| F5 (FFIV) | United States | $24.465B | 31.72 |
| Affirm Holdings (AFRM) | United States | $24.028B | 12.90 |
| Samsara (IOT) | United States | $23.046B | 359.55 |
| Rubrik (RBRK) | United States | $22.121B | 0.00 |
| Broadridge Financial Solutions (BR) | United States | $18.600B | 16.92 |
| Unity Software (U) | United States | $18.220B | 147.86 |
| Toast (TOST) | United States | $15.286B | 37.65 |
| Topicus (TOITF) | Canada | $13.616B | 130.51 |
| DigitalOcean Holdings (DOCN) | United States | $13.582B | 108.45 |
| Quantinuum (QNT) | United States | $13.581B | 0.00 |
| Docusign (DOCU) | United States | $12.909B | 41.11 |
| Guidewire Software (GWRE) | United States | $12.013B | 70.39 |
| Grab Holdings (GRAB) | Singapore | $11.453B | 46.58 |
| JFrog (FROG) | United States | $11.444B | 0.00 |
| SailPoint (SAIL) | United States | $11.321B | 66.10 |
| Dayforce (DAY) | United States | $11.030B | 65.64 |
| Confluent (CFLT) | United States | $10.691B | 0.00 |
| Pinterest (PINS) | United States | $10.419B | 47.69 |
| Figma (FIG) | United States | $10.327B | 0.00 |
| Paycom Software (PAYC) | United States | $10.199B | 26.10 |
| Match Group (MTCH) | United States | $9.917B | 14.40 |
| Bentley Systems (BSY) | United States | $9.467B | 31.03 |
| Snap (SNAP) | United States | $9.352B | 0.00 |
| Elastic (ESTC) | United States | $9.130B | 0.00 |
| GitLab (GTLB) | United States | $8.202B | 0.00 |
| Procore Technologies (PCOR) | United States | $7.791B | 1281.75 |
| Compass (COMP) | United States | $7.636B | 168.00 |
| Paylocity Holding (PCTY) | United States | $7.626B | 25.17 |
| AppFolio (APPF) | United States | $7.602B | 46.76 |
| Clearwater Analytics Holdings (CWAN) | United States | $7.331B | 111.64 |
| Wisetech Global (WIGBY) | $7.281B | 0.00 | |
| Netskope (NTSK) | United States | $7.146B | 0.00 |
| UiPath (PATH) | United States | $6.938B | 37.19 |
| D-Wave Quantum (QBTS) | United States | $6.329B | 0.00 |
| Nice (NICE) | Israel | $6.135B | 11.04 |
| KANZHUN LIMITED (BZ) | China | $6.071B | 15.91 |
| Bullish (BLSH) | Cayman Islands | $5.783B | 100.89 |
| OneStream (OS) | United States | $5.732B | 97.96 |
| TEMENOS GROUP (TMSNY) | Switzerland | $5.615B | 0.00 |
| Navan (NAVN) | United States | $5.433B | 0.00 |
| Rigetti Computing (RGTI) | United States | $5.260B | 0.00 |
| ServiceTitan (TTAN) | United States | $5.251B | 0.00 |
| CLEAR Secure (YOU) | United States | $5.154B | 25.92 |
| Global Business Travel (GBTG) | United States | $4.942B | 135.14 |
| Waystar Holding (WAY) | United States | $4.920B | 18.73 |
| BlackBerry (BB) | Canada | $4.690B | 53.27 |
| Box (BOX) | United States | $4.626B | 102.18 |
| Klaviyo (KVYO) | United States | $4.390B | 77.10 |
| Monday (MNDY) | Israel | $4.355B | 46.52 |
| Workiva (WK) | United States | $4.107B | 82.22 |
| BILL Holdings (BILL) | United States | $4.057B | 39.31 |
| Tenable Holdings (TENB) | United States | $3.902B | 101.23 |
| CCC Intelligent Solutions Holdings (CCC) | United States | $3.858B | 31.19 |
| Fastly (FSLY) | United States | $3.801B | 0.00 |
| Q2 Holdings (QTWO) | United States | $3.662B | 35.59 |
| Sportradar Group AG (SRAD) | Switzerland | $3.629B | 202.00 |
| Magnite (MGNI) | United States | $3.607B | 45.73 |
| First Advantage (FA) | United States | $3.559B | 18.50 |
| Kinaxis (KXSCF) | Canada | $3.426B | 0.00 |
| NCR Atleos (NATL) | United States | $3.373B | 10.44 |
| Kingdee Software Group (KGDEY) | China | $3.370B | 0.00 |
| Freshworks (FRSH) | United States | $3.196B | 68.06 |
| Kingsoft Cloud Holdings (KC) | China | $2.997B | 0.00 |
| Csquare (CSQR) | United States | $2.994B | 0.00 |
| ChronoScale Holdings (CHRN) | United States | $2.974B | 0.00 |
| Cellebrite DI (CLBT) | Israel | $2.898B | 41.50 |
| AvePoint (AVPT) | United States | $2.791B | 41.22 |
| Intapp (INTA) | United States | $2.770B | 0.00 |
| Braze (BRZE) | United States | $2.752B | 0.00 |
| Penguin Solutions (PENG) | United States | $2.731B | 29.78 |
| Appian (APPN) | United States | $2.687B | 125.07 |
| Grindr (GRND) | United States | $2.677B | 30.80 |
| Five9 (FIVN) | United States | $2.486B | 23.03 |
| Opendoor Technologies (OPEN) | United States | $2.470B | 0.00 |
| Trump Media & Technology Group (DJT) | United States | $2.460B | 0.00 |
| StoneCo (STNE) | Cayman Islands | $2.372B | 5.24 |
| NCino (NCNO) | United States | $2.226B | 30.07 |
| Calix (CALX) | United States | $2.219B | 50.34 |
| Asana (ASAN) | United States | $2.178B | 0.00 |
| Diebold Nixdorf (DBD) | United States | $2.145B | 10.23 |
| Flywire (FLYW) | United States | $2.110B | 66.69 |
| Porch (PRCH) | United States | $2.096B | 0.00 |
| DoubleVerify Holdings (DV) | United States | $2.087B | 23.21 |
| Karooooo (KARO) | Singapore | $2.060B | 33.50 |
| Alkami Technology (ALKT) | United States | $2.046B | 0.00 |
| Ziff Davis (ZD) | United States | $1.971B | 11.18 |
| Quantum Computing (QUBT) | United States | $1.969B | 0.00 |
| Vertex (VERX) | United States | $1.940B | 27.81 |
| A10 Networks (ATEN) | United States | $1.899B | 36.83 |
| SoftwareOne Holding AG (SWONF) | Switzerland | $1.855B | 0.00 |
| SEMrush Holdings (SEMR) | United States | $1.802B | 0.00 |
| VNET - (VNET) | China | $1.764B | 0.00 |
| Mega Fortune (MGRT) | Hong Kong, SAR China | $1.677B | 0.00 |
| BlackLine (BL) | United States | $1.636B | 30.59 |
| Arlo Technologies (ARLO) | United States | $1.438B | 63.05 |
| EverCommerce (EVCM) | United States | $1.373B | 51.80 |
| Lightspeed Commerce (LSPD) | Canada | $1.297B | 85.55 |
| Digital Turbine (APPS) | United States | $1.290B | 19.04 |
| Radware (RDWR) | Israel | $1.226B | 46.24 |
| ZoomInfo Technologies (GTM) | United States | $1.112B | 4.55 |
| PagerDuty (PD) | United States | $1.101B | 25.45 |
| Arteris (AIP) | United States | $1.096B | 0.00 |
| ODDITY Tech (ODD) | Israel | $1.043B | 164.64 |
| Nextdoor Holdings (NXDR) | United States | $0.950B | 0.00 |
| Riskified (RSKD) | United States | $0.920B | 0.00 |
| Tuya (TUYA) | China | $0.891B | 14.91 |
| Ceva (CEVA) | United States | $0.852B | 0.00 |
| Yalla Group (YALA) | $0.838B | 6.94 | |
| EverQuote (EVER) | United States | $0.834B | 7.51 |
| Backblaze (BLZE) | United States | $0.815B | 0.00 |
| Rapid7 (RPD) | United States | $0.807B | 18.70 |
| PubMatic (PUBM) | United States | $0.799B | 0.00 |
| BUUU Group (BUUU) | Hong Kong, SAR China | $0.763B | 0.00 |
| ONESPAN INC (OSPN) | United States | $0.645B | 15.09 |
| Consensus Cloud Solutions (CCSI) | United States | $0.640B | 7.16 |
| Udemy (UDMY) | United States | $0.626B | 61.29 |
| Cognyte Software (CGNT) | Israel | $0.622B | 280.33 |
| VTEX (VTEX) | Cayman Islands | $0.621B | 22.75 |
| Weave Communications (WEAV) | United States | $0.583B | 0.00 |
| Docebo (DCBO) | Canada | $0.575B | 18.77 |
| VERRA MOBILITY CORP (VRRM) | United States | $0.529B | 2.88 |
| Hello Group (MOMO) | China | $0.525B | 4.83 |
| ABAXX TECHN INC (ABXXF) | Canada | $0.489B | 0.00 |
| Materialise (MTLS) | Belgium | $0.459B | 28.78 |
| MF (MFI) | Hong Kong, SAR China | $0.456B | 0.00 |
| Gloo Holdings (GLOO) | United States | $0.447B | 0.00 |
| Rimini Street (RMNI) | United States | $0.409B | 31.29 |
| CI&T (CINT) | Brazil | $0.401B | 10.28 |
| Allot (ALLT) | Israel | $0.394B | 34.78 |
| I3 Verticals (IIIV) | United States | $0.389B | 26.39 |
| PowerFleet (AIOT) | United States | $0.387B | 144.00 |
| Bumble (BMBL) | United States | $0.368B | 1.26 |
| ON24 (ONTF) | United States | $0.337B | 0.00 |
| Alight (ALIT) | United States | $0.317B | 1.61 |
| Platinum Analytics Cayman (PLTS) | Singapore | $0.316B | 0.00 |
| Arqit Quantum (ARQQ) | United Kingdom | $0.308B | 0.00 |
| Blend Labs (BLND) | United States | $0.281B | 0.00 |
| CS Disco (LAW) | United States | $0.270B | 0.00 |
| 8x8 Inc (EGHT) | United States | $0.256B | 6.10 |
| A2Z Cust2Mate Solutions (AZ) | Canada | $0.252B | 0.00 |
| SCHMID Group (SHMD) | Cayman Islands | $0.213B | 0.00 |
| Kaltura (KLTR) | United States | $0.204B | 0.00 |
| Perfect (PERF) | Taiwan | $0.197B | 32.17 |
| DeFi Development (DFDV) | United States | $0.188B | 0.00 |
| Domo (DOMO) | United States | $0.170B | 0.00 |
| KOREs (KORE) | United States | $0.163B | 0.00 |
| ReposiTrak (TRAK) | United States | $0.149B | 22.14 |
| Datavault AI (DVLT) | United States | $0.146B | 0.00 |
| Z Squared (ZSQR) | United States | $0.142B | 0.00 |
| EGain (EGAN) | United States | $0.140B | 14.49 |
| Zapata Quantum Inc (ZPTA) | United States | $0.138B | 0.00 |
| DIRTT Environmental Solutions (DRTTF) | Canada | $0.116B | 0.00 |
| Sangoma Technologies (SANG) | Canada | $0.115B | 0.00 |
| RTB Digital (RTB) | United States | $0.112B | 0.00 |
| Digimarc (DMRC) | United States | $0.112B | 0.00 |
| Micware, - (MWC) | Japan | $0.111B | 0.00 |
| Synchronoss Technologies (SNCR) | United States | $0.104B | 10.35 |
| Definitive Healthcare (DH) | United States | $0.102B | 24.00 |
| Getty Images Holdings (GETY) | United States | $0.093B | 0.00 |
| Audioeye (AEYE) | United States | $0.092B | 17.48 |
| Xtend AI Robotics (XTND) | United States | $0.091B | 0.00 |
| Cheetah Mobile (CMCM) | China | $0.087B | 0.00 |
| Thryv Holdings (THRY) | United States | $0.081B | 0.00 |
| FatPipe (FATN) | United States | $0.081B | 11.46 |
| Rank One Computing (ROC) | United States | $0.079B | 0.00 |
| Chegg (CHGG) | United States | $0.077B | 0.00 |
| Jiayin Group (JFIN) | China | $0.076B | 2.28 |
| SkyAI (SKYA) | United States | $0.073B | 0.00 |
| Inseego (INSG) | United States | $0.068B | 0.00 |
| Rekor Systems (REKR) | United States | $0.060B | 0.00 |
| AEye (LIDR) | United States | $0.056B | 0.00 |
| VirnetX Holding Corp (VHC) | United States | $0.050B | 0.00 |
| IZEA WORLDWIDE, INC (IZEA) | United States | $0.046B | 0.00 |
| Vivid Seats (SEAT) | United States | $0.044B | 0.00 |
| OneMedNet (ONMD) | United States | $0.042B | 0.00 |
| XBP Global Holdings (XBP) | United States | $0.041B | 0.00 |
| Phunware (PHUN) | United States | $0.040B | 0.00 |
| Aurora Mobile (JG) | China | $0.038B | 35.39 |
| Creative Realities (CREX) | United States | $0.036B | 0.00 |
| Republic Power Group (RPGL) | Singapore | $0.023B | 0.00 |
| Marwynn Holdings (MWYN) | United States | $0.022B | 0.00 |
| MIND C.T.I (MNDO) | Israel | $0.021B | 6.44 |
| UCloudlink Group (UCL) | Hong Kong, SAR China | $0.015B | 0.00 |
| RedCloud Holdings (RCT) | United Kingdom | $0.014B | 0.00 |
| Veea (VEEA) | United States | $0.014B | 0.00 |
| YXT.COM - (YXT) | China | $0.014B | 0.00 |
| Game Your Game (GYGY) | United States | $0.012B | 0.00 |
| SAGTEC GLOBAL LIMITED (SAGT) | $0.012B | 0.00 | |
| Cyngn (CYN) | United States | $0.012B | 0.00 |
| CISO Global (CISO) | United States | $0.011B | 0.00 |
| Upland Software (UPLD) | United States | $0.011B | 0.49 |
| MultiSensor AI Holdings (MSAI) | United States | $0.010B | 0.00 |
| Nvni Group (NVNI) | Cayman Islands | $0.009B | 0.00 |
| MBody AI (MBAI) | Israel | $0.009B | 0.00 |
| Oblong (OBLG) | United States | $0.009B | 0.00 |
| ARB IOT Group (ARBB) | $0.008B | 0.00 | |
| SurgePays (SURG) | United States | $0.008B | 0.00 |
| Next Technology Holding (NXTT) | Japan | $0.008B | 0.00 |
| AuthID (AUID) | United States | $0.007B | 0.00 |
| Alpha Compute Corp (ALP) | $0.007B | 0.00 | |
| Versus Systems (VS) | United States | $0.007B | 0.00 |
| Baiya Group (BIYA) | China | $0.006B | 0.00 |
| Locafy (LCFY) | Australia | $0.005B | 0.00 |
| Wellchange Holdings (WCT) | Hong Kong, SAR China | $0.005B | 0.00 |
| Iveda Solutions (IVDA) | United States | $0.004B | 0.00 |
| Parabolic Technologies (PARA) | United States | $0.003B | 0.00 |
| Cloudastructure (CSAI) | United States | $0.003B | 0.00 |
| NetClass Technology Inc (NTCL) | Singapore | $0.002B | 0.00 |
| My Size (MYSZ) | Israel | $0.001B | 0.00 |
| Youxin Technology (YAAS) | China | $0.001B | 0.00 |
| EPWK Holdings (EPWK) | China | $0.000B | 0.00 |
| Trident Digital Tech Holdings (TDTH) | Singapore | $0.000B | 0.00 |
| Castlight Health, Inc (CSLT) | United States | $0.000B | 0.00 |
| ForgeRock (FORG) | United States | $0.000B | 0.00 |
| Informatica (INFA) | United States | $0.000B | 0.00 |
| Qutoutiao (QTT) | China | $0.000B | 0.00 |
| Cloopen (RAAS) | China | $0.000B | 0.00 |