Hubspot (HUBS) FY2018 results: revenue $513 million, up 36.6% on the year
Hubspot Inc. (HUBS) reported revenue of $513 million for fiscal 2018, the year ended 31 December 2018, up 36.6% on the year before. Net income was -$64 million, and diluted earnings per share $-1.66. The figures are the company's own, from the 10-K it filed with the SEC on 12 February 2019.
Revenue
$513 million
+36.6% on the year
FY2012FY2018
Operating margin
-9.4%
-10.7% a year earlier
FY2012FY2018
Net income
-$64 million
FY2012FY2018
Diluted EPS
-$1.66
FY2012FY2018
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Revenue
513
376
271
+36.6%
Cost of revenue
100
75.7
61.9
+32.5%
Gross profit
413
300
209
+37.6%
Gross margin
80.4%
79.8%
77.2%
Research and development
118
70.4
46.0
+67.1%
Operating income
-48.3
-40.1
-44.7
Operating margin
-9.4%
-10.7%
-16.5%
Interest expense
21.4
13.2
0.3
+62.2%
Pre-tax income
-62.0
-50.0
-45.0
Income tax
1.9
-10.3
0.5
Net income
-63.8
-39.7
-45.6
Net margin
-12.4%
-10.6%
-16.8%
Diluted EPS
-$1.66
-$1.08
-$1.29
$ 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
FY2018
FY2017
FY2016
On the year
Last 8 years
Operating cash flow
84.9
49.6
19.4
+71.0%
Capital expenditure
22.3
20.3
15.8
+10.0%
Free cash flow
62.5
29.3
3.6
+113.2%
Free cash flow margin
12.2%
7.8%
1.3%
Cash from investing
-71.2
-397
-22.8
Cash from financing
12.8
377
8.5
-96.6%
Depreciation and amortisation
23.4
15.8
11.2
+48.4%
Share-based compensation
76.3
47.3
32.7
+61.2%
Diluted shares, weighted
39m
37m
35m
+4.6%
Shares outstanding at period end
39m
38m
36m
+4.8%
Balance sheet
$ million
FY2018
FY2017
FY2016
On the year
Last 8 years
Shareholders' equity
245
210
119
+16.3%
Debt
319
298
0.0
+6.8%
Other liabilities
271
203
141
+33.0%
Total liabilities and equity
834
712
260
+17.1%
Fixed assets
52.5
43.3
30.2
+21.2%
Goodwill
14.9
14.9
9.8
0.0%
Intangible assets
4.9
6.3
0.0
-22.1%
Investments
492
448
90.4
+9.9%
Cash and equivalents
111
87.7
59.7
+27.2%
Receivables
77.1
60.7
39.0
+27.1%
Other assets
80.8
51.2
30.7
+57.8%
Total assets
834
712
260
+17.1%
10-K for the year ended 31 December 2018, filed 12 February 2019: the filing.