Hubspot (HUBS) FY2017 results: revenue $376 million, up 38.6% on the year
Hubspot Inc. (HUBS) reported revenue of $376 million for fiscal 2017, the year ended 31 December 2017, up 38.6% on the year before. Net income was -$40 million, and diluted earnings per share $-1.08. The figures are the company's own, from the 10-K it filed with the SEC on 13 February 2018.
Revenue
$376 million
+38.6% on the year
FY2012FY2017
Operating margin
-10.7%
-16.5% a year earlier
FY2012FY2017
Net income
-$40 million
FY2012FY2017
Diluted EPS
-$1.08
FY2012FY2017
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Revenue
376
271
182
+38.6%
Cost of revenue
75.7
61.9
47.9
+22.4%
Gross profit
300
209
134
+43.4%
Gross margin
79.8%
77.2%
73.7%
Research and development
70.4
46.0
32.5
+53.0%
Operating income
-40.1
-44.7
-46.5
Operating margin
-10.7%
-16.5%
-25.5%
Interest expense
13.2
0.3
0.2
+4,874.0%
Pre-tax income
-50.0
-45.0
-45.6
Income tax
-10.3
0.5
0.4
Net income
-39.7
-45.6
-46.1
Net margin
-10.6%
-16.8%
-25.3%
Diluted EPS
-$1.08
-$1.29
-$1.39
$ 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
FY2017
FY2016
FY2015
On the year
Last 8 years
Operating cash flow
49.6
19.4
-0.4
+156.2%
Capital expenditure
20.3
15.8
8.4
+28.4%
Free cash flow
29.3
3.6
-8.8
+720.2%
Free cash flow margin
7.8%
1.3%
-4.9%
Cash from investing
-397
-22.8
n/a
Cash from financing
377
8.5
n/a
+4,347.1%
Depreciation and amortisation
15.8
11.2
7.3
+41.2%
Share-based compensation
47.3
32.7
21.3
+44.8%
Diluted shares, weighted
37m
35m
33m
+4.6%
Shares outstanding at period end
38m
36m
34m
+4.8%
Balance sheet
$ million
FY2017
FY2016
FY2015
On the year
Last 8 years
Shareholders' equity
210
119
122
+77.2%
Debt
298
0.0
0.0
Other liabilities
203
141
98.7
+44.2%
Total liabilities and equity
712
260
220
+174.2%
Fixed assets
43.3
30.2
18.2
+43.4%
Goodwill
14.9
9.8
9.8
+53.0%
Intangible assets
6.3
0.0
0.1
+39,350.0%
Investments
448
90.4
89.5
+395.8%
Cash and equivalents
87.7
59.7
55.6
+46.9%
Receivables
60.7
39.0
25.1
+55.6%
Other assets
51.2
30.7
22.1
+66.7%
Total assets
712
260
220
+174.2%
10-K for the year ended 31 December 2017, filed 13 February 2018: the filing.