Hubspot (HUBS) FY2016 results: revenue $271 million, up 48.9% on the year
Hubspot Inc. (HUBS) reported revenue of $271 million for fiscal 2016, the year ended 31 December 2016, up 48.9% on the year before. Net income was -$46 million, and diluted earnings per share $-1.29. The figures are the company's own, from the 10-K it filed with the SEC on 16 February 2017.
Revenue
$271 million
+48.9% on the year
FY2012FY2016
Operating margin
-16.5%
-25.5% a year earlier
FY2012FY2016
Net income
-$46 million
FY2012FY2016
Diluted EPS
-$1.29
FY2012FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
271
182
116
+48.9%
Cost of revenue
61.9
47.9
35.1
+29.1%
Gross profit
209
134
80.8
+56.0%
Gross margin
77.2%
73.7%
69.7%
Research and development
46.0
32.5
25.6
+41.7%
Operating income
-44.7
-46.5
-48.6
Operating margin
-16.5%
-25.5%
-41.9%
Interest expense
0.3
0.2
0.3
+43.2%
Pre-tax income
-45.0
-45.6
-48.3
Income tax
0.5
0.4
-0.1
+29.4%
Net income
-45.6
-46.1
-48.2
Net margin
-16.8%
-25.3%
-41.6%
Diluted EPS
-$1.29
-$1.39
-$4.20
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
19.4
-0.4
-12.5
Capital expenditure
15.8
8.4
7.3
+87.4%
Free cash flow
3.6
-8.8
-19.7
Free cash flow margin
1.3%
-4.9%
-17.0%
Cash from investing
-22.8
n/a
n/a
Cash from financing
8.5
n/a
n/a
Depreciation and amortisation
11.2
7.3
5.7
+52.2%
Share-based compensation
32.7
21.3
16.4
+53.3%
Diluted shares, weighted
35m
33m
12m
+5.9%
Shares outstanding at period end
36m
34m
31m
+4.3%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
119
122
111
-2.5%
Debt
0.0
0.0
0.0
Other liabilities
141
98.7
64.2
+43.0%
Total liabilities and equity
260
220
175
+17.9%
Fixed assets
30.2
18.2
11.4
+66.3%
Goodwill
9.8
9.8
9.3
0.0%
Intangible assets
0.0
0.1
0.1
-84.0%
Investments
90.4
89.5
0.0
+0.9%
Cash and equivalents
59.7
55.6
124
+7.4%
Receivables
39.0
25.1
14.3
+55.1%
Other assets
30.7
22.1
16.1
+39.1%
Total assets
260
220
175
+17.9%
10-K for the year ended 31 December 2016, filed 16 February 2017: the filing.