$HUBS
HUBSPOT INC

2023 Q4 Form 10-Q Financial Statement

#000095017023061183 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $581.9M $557.6M
YoY Change 23.9% 25.59%
Cost Of Revenue $88.64M $87.53M
YoY Change 10.43% 6.57%
Gross Profit $493.3M $470.0M
YoY Change 26.68% 29.9%
Gross Profit Margin 84.77% 84.3%
Selling, General & Admin $350.8M $332.8M
YoY Change 22.44% 18.84%
% of Gross Profit 71.13% 70.79%
Research & Development $163.2M $156.9M
YoY Change 40.31% 37.56%
% of Gross Profit 33.09% 33.37%
Depreciation & Amortization $19.17M $20.50M
YoY Change 23.5% 31.73%
% of Gross Profit 3.89% 4.36%
Operating Expenses $514.1M $490.5M
YoY Change 27.6% 24.47%
Operating Profit -$20.80M -$20.44M
YoY Change 54.26% -36.54%
Interest Expense $17.65M $950.0K
YoY Change 158.1% 2.93%
% of Operating Profit
Other Income/Expense, Net -$2.545M $13.57M
YoY Change -59.25% 432.04%
Pretax Income -$9.244M -$6.875M
YoY Change -28.3% -76.82%
Income Tax $4.360M -$1.412M
% Of Pretax Income
Net Earnings -$13.60M -$5.463M
YoY Change -13.0% -82.61%
Net Earnings / Revenue -2.34% -0.98%
Basic Earnings Per Share -$0.11
Diluted Earnings Per Share -$0.27 -$0.11
COMMON SHARES
Basic Shares Outstanding 50.33M 50.02M
Diluted Shares Outstanding 50.05M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.388B $1.597B
YoY Change -1.73% 24.35%
Cash & Equivalents $388.0M $535.5M
Short-Term Investments $1.000B $1.062B
Other Short-Term Assets $188.0M $165.4M
YoY Change 63.39% 50.27%
Inventory
Prepaid Expenses
Receivables $295.3M $212.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.872B $1.975B
YoY Change 6.66% 26.51%
LONG-TERM ASSETS
Property, Plant & Equipment $103.3M $104.9M
YoY Change -1.8% 2.26%
Goodwill $173.8M $46.05M
YoY Change 275.89% 2.3%
Intangibles
YoY Change
Long-Term Investments $325.7M $150.9M
YoY Change 188.77% -1.19%
Other Assets $75.25M $70.93M
YoY Change 27.98% 25.76%
Total Long-Term Assets $1.200B $840.7M
YoY Change 51.85% 14.25%
TOTAL ASSETS
Total Short-Term Assets $1.872B $1.975B
Total Long-Term Assets $1.200B $840.7M
Total Assets $3.071B $2.816B
YoY Change 20.7% 22.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.106M $16.81M
YoY Change -56.4% 26.21%
Accrued Expenses $270.5M $240.4M
YoY Change 36.68% 30.76%
Deferred Revenue $672.2M $578.3M
YoY Change 24.5% 23.42%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $956.2M $839.2M
YoY Change 25.55% 25.59%
LONG-TERM LIABILITIES
Long-Term Debt $456.2M $455.7M
YoY Change 0.44% 0.44%
Other Long-Term Liabilities $36.46M $28.54M
YoY Change 150.65% 129.68%
Total Long-Term Liabilities $36.46M $28.54M
YoY Change 150.65% 129.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $956.2M $839.2M
Total Long-Term Liabilities $36.46M $28.54M
Total Liabilities $1.751B $1.629B
YoY Change 12.8% 17.2%
SHAREHOLDERS EQUITY
Retained Earnings -$818.7M -$805.1M
YoY Change 27.44% 28.45%
Common Stock $2.137B $2.001B
YoY Change 29.71% 29.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.320B $1.186B
YoY Change
Total Liabilities & Shareholders Equity $3.071B $2.816B
YoY Change 20.7% 22.58%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$13.60M -$5.463M
YoY Change -13.0% -82.61%
Depreciation, Depletion And Amortization $19.17M $20.50M
YoY Change 23.5% 31.73%
Cash From Operating Activities $104.3M $89.10M
YoY Change 15.9% 48.34%
INVESTING ACTIVITIES
Capital Expenditures $25.95M $28.50M
YoY Change 36.33% -216.18%
Acquisitions
YoY Change
Other Investing Activities -$240.5M $13.50M
YoY Change 168.73% -227.64%
Cash From Investing Activities -$266.5M -$15.00M
YoY Change 145.51% -57.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.611M 10.00M
YoY Change -23.19% 27.73%
NET CHANGE
Cash From Operating Activities 104.3M 89.10M
Cash From Investing Activities -266.5M -15.00M
Cash From Financing Activities 6.611M 10.00M
Net Change In Cash -155.6M 84.10M
YoY Change 1461.3% 156.53%
FREE CASH FLOW
Cash From Operating Activities $104.3M $89.10M
Capital Expenditures $25.95M $28.50M
Free Cash Flow $78.32M $60.60M
YoY Change 10.42% -28.36%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0001404655
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Amendment Flag
AmendmentFlag
false
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
hubs Right Of Use Asset Reductions Related To Operating Lease Terminations
RightOfUseAssetReductionsRelatedToOperatingLeaseTerminations
CY2023Q3 us-gaap Restricted Cash Asset Statement Of Financial Position Extensible List
RestrictedCashAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
CY2022Q3 us-gaap Restricted Cash Asset Statement Of Financial Position Extensible List
RestrictedCashAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
CY2022Q4 us-gaap Restricted Cash Asset Statement Of Financial Position Extensible List
RestrictedCashAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#PrepaidExpenseAndOtherAssetsCurrent
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-36680
dei Entity Registrant Name
EntityRegistrantName
HubSpot, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
20-2632791
dei Entity Address Address Line1
EntityAddressAddressLine1
Two Canal Park
dei Entity Address City Or Town
EntityAddressCityOrTown
Cambridge
dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
02141
dei City Area Code
CityAreaCode
888
dei Local Phone Number
LocalPhoneNumber
482-7768
dei Security12b Title
Security12bTitle
Common Stock, par value $0.001 per share
dei Trading Symbol
TradingSymbol
HUBS
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
50330543
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
535545000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
331022000
CY2023Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
1061526000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
1081662000
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
4378000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3266000
CY2023Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
212409000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
226849000
CY2023Q3 us-gaap Deferred Costs Current
DeferredCostsCurrent
86913000
CY2022Q4 us-gaap Deferred Costs Current
DeferredCostsCurrent
70992000
CY2023Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
78542000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
44074000
CY2023Q3 us-gaap Assets Current
AssetsCurrent
1974935000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
1754599000
CY2023Q3 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
150861000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities Noncurrent
AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
112791000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
104949000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
105227000
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
96569000
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
63790000
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
254483000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
319304000
CY2023Q3 us-gaap Deferred Costs
DeferredCosts
103488000
CY2022Q4 us-gaap Deferred Costs
DeferredCosts
66559000
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
70931000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
58795000
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
13382000
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
17446000
CY2023Q3 us-gaap Goodwill
Goodwill
46050000
CY2022Q4 us-gaap Goodwill
Goodwill
46227000
CY2023Q3 us-gaap Assets
Assets
2815648000
CY2022Q4 us-gaap Assets
Assets
2544738000
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
16808000
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
20883000
CY2023Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
79450000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
62846000
CY2023Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
134908000
CY2022Q4 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
102122000
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
29756000
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
35928000
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
578280000
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
539874000
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
839202000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
761653000
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
301661000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
316184000
CY2023Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
4212000
CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
5904000
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
28535000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14546000
CY2023Q3 hubs Convertible Senior Notes Net Of Current Portion
ConvertibleSeniorNotesNetOfCurrentPortion
455699000
CY2022Q4 hubs Convertible Senior Notes Net Of Current Portion
ConvertibleSeniorNotesNetOfCurrentPortion
454227000
CY2023Q3 us-gaap Liabilities
Liabilities
1629309000
CY2022Q4 us-gaap Liabilities
Liabilities
1552514000
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
50000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
49000
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2000739000
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1647446000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9378000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-12890000
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-805072000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-642381000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1186339000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
992224000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2815648000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2544738000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
557557000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
443958000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1588315000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1261313000
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
87526000
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
82127000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
256854000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
233998000
CY2023Q3 us-gaap Gross Profit
GrossProfit
470031000
CY2022Q3 us-gaap Gross Profit
GrossProfit
361831000
us-gaap Gross Profit
GrossProfit
1331461000
us-gaap Gross Profit
GrossProfit
1027315000
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
156871000
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
114038000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
454511000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
325687000
CY2023Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
271448000
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
229541000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
787423000
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
650936000
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
61308000
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
50465000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
179939000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
146309000
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
846000
us-gaap Restructuring Charges
RestructuringCharges
93296000
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
490473000
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
394044000
us-gaap Operating Expenses
OperatingExpenses
1515169000
us-gaap Operating Expenses
OperatingExpenses
1122932000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-20442000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-32213000
us-gaap Operating Income Loss
OperatingIncomeLoss
-183708000
us-gaap Operating Income Loss
OperatingIncomeLoss
-95617000
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
16181000
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
4658000
us-gaap Investment Income Interest
InvestmentIncomeInterest
40195000
us-gaap Investment Income Interest
InvestmentIncomeInterest
7222000
CY2023Q3 us-gaap Interest Expense
InterestExpense
950000
CY2022Q3 us-gaap Interest Expense
InterestExpense
923000
us-gaap Interest Expense
InterestExpense
2817000
us-gaap Interest Expense
InterestExpense
2822000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1664000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1185000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2128000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-583000
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
13567000
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2550000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
35250000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3817000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-6875000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-29663000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-148458000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-91800000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1412000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1748000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14233000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5313000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-5463000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-31411000
us-gaap Net Income Loss
NetIncomeLoss
-162691000
us-gaap Net Income Loss
NetIncomeLoss
-97113000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.65
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.03
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50051000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50051000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48067000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48067000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49719000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49719000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47821000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47821000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-5463000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-31411000
us-gaap Net Income Loss
NetIncomeLoss
-162691000
us-gaap Net Income Loss
NetIncomeLoss
-97113000
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2832000
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-2793000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1805000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-5818000
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
0
CY2022Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
0
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
0
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
0
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
1839000
CY2022Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-3701000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
5317000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-10354000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-6456000
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-37905000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-159179000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-113285000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
992224000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
23979000
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-4102000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
223087000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
1026000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3479000
us-gaap Net Income Loss
NetIncomeLoss
-157228000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
1082465000
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1316000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-3468000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
112482000
CY2023Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2832000
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1839000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-5463000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1186339000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
873799000
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
20693000
hubs Stock Issued During Period Shares Restricted Stock Units Taxes Paid In Cash
StockIssuedDuringPeriodSharesRestrictedStockUnitsTaxesPaidInCash
-7763000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
130549000
hubs Convertible Debt Hedges Settlement
ConvertibleDebtHedgesSettlement
60483000
hubs Other Comprehensive Income Cumulative Adjustment From Adoption Of Convertible Debt Standard During Period Net Of Tax
OtherComprehensiveIncomeCumulativeAdjustmentFromAdoptionOfConvertibleDebtStandardDuringPeriodNetOfTax
-69801000
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-3025000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-6653000
us-gaap Net Income Loss
NetIncomeLoss
-65702000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
871467000
CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
799000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
-2191000
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
74527000
CY2022Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2793000
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0
CY2022Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3701000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-31411000
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
906697000
us-gaap Profit Loss
ProfitLoss
-162691000
us-gaap Profit Loss
ProfitLoss
-97113000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
53508000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42625000
us-gaap Share Based Compensation
ShareBasedCompensation
318545000
us-gaap Share Based Compensation
ShareBasedCompensation
199081000
us-gaap Restructuring Costs
RestructuringCosts
64938000
us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
0
us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
4200000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4943000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-589000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1477000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1509000
hubs Accretion Amortization Of Debt Discount Premium
AccretionAmortizationOfDebtDiscountPremium
30213000
hubs Accretion Amortization Of Debt Discount Premium
AccretionAmortizationOfDebtDiscountPremium
3267000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
1380000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-480000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-13178000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
20135000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
36023000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8863000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-54335000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-22210000
hubs Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
23244000
hubs Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
19622000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5165000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
10660000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
44867000
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
16455000
hubs Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
28933000
hubs Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
14589000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
40699000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
63743000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
246659000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
183209000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1137283000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1258919000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1154784000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1017306000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
124998000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2250000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1900000
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
10000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
25031000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
31384000
hubs Payment For Purchase Of Strategic Investments
PaymentForPurchaseOfStrategicInvestments
9250000
hubs Payment For Purchase Of Strategic Investments
PaymentForPurchaseOfStrategicInvestments
19872000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
49288000
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
31350000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-68318000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-211121000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7571000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
9954000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
37934000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
29718000
hubs Proceeds From Settlement Of Convertible Notes
ProceedsFromSettlementOfConvertibleNotes
60483000
hubs Payment For Settlement Of2022 Convertible Notes
PaymentForSettlementOf2022ConvertibleNotes
79807000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1619000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30363000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1179000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-4181000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-16263000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
204523000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-45354000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
334175000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
380042000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
538698000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
334688000
us-gaap Income Taxes Paid
IncomeTaxesPaid
11465000
us-gaap Income Taxes Paid
IncomeTaxesPaid
3883000
us-gaap Interest Paid Net
InterestPaidNet
861000
us-gaap Interest Paid Net
InterestPaidNet
885000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4668000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5136000
hubs Right Of Use Asset Reductions Related To Operating Lease Terminations
RightOfUseAssetReductionsRelatedToOperatingLeaseTerminations
-1210000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7257000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1118000
hubs Asset Retirement Obligations Through Noncash Payments Proceeds Amount
AssetRetirementObligationsThroughNoncashPaymentsProceedsAmount
201000
hubs Asset Retirement Obligations Through Noncash Payments Proceeds Amount
AssetRetirementObligationsThroughNoncashPaymentsProceedsAmount
1135000
hubs Contract With Customer Liability Additions
ContractWithCustomerLiabilityAdditions
36700000
hubs Additional Invoice Recognized
AdditionalInvoiceRecognized
594300000
CY2023Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
328800000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
506400000
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
687000000
hubs Revenue Remaining Performance Obligation Contract Period
RevenueRemainingPerformanceObligationContractPeriod
P1Y
hubs Revenue Remaining Performance Obligation Percentage Recognized
RevenueRemainingPerformanceObligationPercentageRecognized
0.91
CY2023Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P24M
CY2023Q3 hubs Increase Decrease In Deferred Sales Commission
IncreaseDecreaseInDeferredSalesCommission
15000000
CY2023Q3 hubs Incremental Costs Of Deferred Sales Commission
IncrementalCostsOfDeferredSalesCommission
42100000
CY2023Q3 us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
27100000
hubs Increase Decrease In Deferred Sales Commission
IncreaseDecreaseInDeferredSalesCommission
52800000
hubs Incremental Costs Of Deferred Sales Commission
IncrementalCostsOfDeferredSalesCommission
125000000
us-gaap Amortization Of Deferred Sales Commissions
AmortizationOfDeferredSalesCommissions
72200000
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-5463000
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-31411000
us-gaap Net Income Loss
NetIncomeLoss
-162691000
us-gaap Net Income Loss
NetIncomeLoss
-97113000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50051000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48067000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
49719000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47821000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
50051000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48067000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
49719000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47821000
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.65
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.65
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.03
CY2023Q3 hubs Average Stock Price
AverageStockPrice
522.44
hubs Average Stock Price
AverageStockPrice
452.38
CY2023Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1439987000
CY2022Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1209124000
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
4200000
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1216864000
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4478000
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1212387000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1204247000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
24000
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
9818000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1194453000
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1064497000
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1061526000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1089250000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1081662000
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
152367000
CY2023Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
150861000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
114997000
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
112791000
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1216864000
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1212387000
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1204247000
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1194453000
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
10695000
us-gaap Operating Lease Expense
OperatingLeaseExpense
33139000
us-gaap Operating Lease Expense
OperatingLeaseExpense
32392000
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
14701000
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
8094000
us-gaap Operating Lease Payments
OperatingLeasePayments
45827000
us-gaap Operating Lease Payments
OperatingLeasePayments
29033000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
535545000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
331659000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
331022000
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
3153000
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
3029000
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
3153000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
538698000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
334688000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
334175000
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
241601000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
217672000
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
136652000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
112445000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
104949000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
105227000
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7700000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
21800000
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7400000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
20600000
CY2023Q3 hubs Fixed Assets Disposals
FixedAssetsDisposals
100000
hubs Fixed Assets Disposals
FixedAssetsDisposals
1400000
CY2023Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
235146000
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
174732000
CY2023Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
138577000
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
110942000
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
96569000
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
63790000
CY2023Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
12600000
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
33100000
CY2022Q3 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
8500000
us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
23100000
CY2022Q2 hubs Proceeds From Settlement Of Convertible Notes
ProceedsFromSettlementOfConvertibleNotes
60500000
hubs Increase Decrease In Operating Lease Right Of Use Assets
IncreaseDecreaseInOperatingLeaseRightOfUseAssets
1300000
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
6700000
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
10230000
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
1953000
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
1037000
us-gaap Sublease Income
SubleaseIncome
5995000
us-gaap Sublease Income
SubleaseIncome
3325000
hubs Increase In Future Lease Commitments
IncreaseInFutureLeaseCommitments
76200000
hubs Lessee Operating Lease Commitments Not Yet Commenced
LesseeOperatingLeaseCommitmentsNotYetCommenced
1300000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
13349000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
52486000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
51578000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
50494000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
46481000
CY2023Q3 hubs Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
195810000
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
410198000
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
3512000
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
107506000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72213000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
318545000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
199081000
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
107506000
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
72213000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
318545000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
199081000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
557557000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
443958000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1588315000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1261313000
CY2023Q3 hubs Right Of Use Asset And Property Plant And Equipment Net
RightOfUseAssetAndPropertyPlantAndEquipmentNet
359432000
CY2022Q4 hubs Right Of Use Asset And Property Plant And Equipment Net
RightOfUseAssetAndPropertyPlantAndEquipmentNet
424531000
CY2022Q2 hubs Purchase Of Rights To Domain Name
PurchaseOfRightsToDomainName
10000000
CY2022Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P7Y
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
700000
CY2023Q1 hubs Employee Reduction Percentage
EmployeeReductionPercentage
0.07
us-gaap Restructuring Charges
RestructuringCharges
93300000
CY2023Q1 hubs Restructuring And Related Activities Completion Year
RestructuringAndRelatedActivitiesCompletionYear
2023
ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
true

Files In Submission

Name View Source Status
hubs-20230930_def.xml Edgar Link unprocessable
hubs-20230930_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
hubs-20230930_lab.xml Edgar Link unprocessable
hubs-20230930_pre.xml Edgar Link unprocessable
R42.htm Edgar Link pending
0000950170-23-061183-index-headers.html Edgar Link pending
0000950170-23-061183-index.html Edgar Link pending
0000950170-23-061183.txt Edgar Link pending
0000950170-23-061183-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hubs-20230930.htm Edgar Link pending
hubs-20230930.xsd Edgar Link pending
hubs-ex31_1.htm Edgar Link pending
hubs-ex31_2.htm Edgar Link pending
hubs-ex32_1.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
hubs-20230930_htm.xml Edgar Link completed
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending