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HUBSPOT INC（HUBS）与RUSH ENTERPRISES INC \TX\（RUSHA）财务数据对比。点击上方公司名可切换其他公司
RUSH ENTERPRISES INC \TX\的季度营收约是HUBSPOT INC的2.0倍（$1.7B vs $846.7M），HUBSPOT INC净利率更高（6.4% vs 3.7%，领先2.8%），HUBSPOT INC同比增速更快（20.4% vs -9.0%），RUSH ENTERPRISES INC \TX\自由现金流更多（$411.6M vs $234.0M），过去两年HUBSPOT INC的营收复合增速更高（17.1% vs -6.8%）
HubSpot Inc.是总部位于美国马萨诸塞州剑桥市的企业服务提供商，2006年由布莱恩·哈利根与达尔梅什·沙阿联合创立，专注于研发和推广适配营销、销售及客户服务全场景的软件产品，为全球各规模企业的数字化运营提供工具支持。
Rush Enterprises是总部位于美国得克萨斯州新布朗费尔斯的商用车经销商，核心业务是通过旗下Rush Truck Centers销售全新及二手卡车。2019年该公司在全美20个州运营超200家卡车中心，在加拿大设有14个网点，2020年入选财富500强榜单。
HUBS vs RUSHA — 直观对比
营收规模更大
RUSHA
是对方的2.0倍
$846.7M
营收增速更快
HUBS
高出29.4%
-9.0%
净利率更高
HUBS
高出2.8%
3.7%
自由现金流更多
RUSHA
多$177.6M
$234.0M
两年增速更快
HUBS
近两年复合增速
-6.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $846.7M | $1.7B |
| 净利润 | $54.4M | $61.7M |
| 毛利率 | 83.7% | 20.4% |
| 营业利润率 | 5.7% | 4.9% |
| 净利率 | 6.4% | 3.7% |
| 营收同比 | 20.4% | -9.0% |
| 净利润同比 | 992.2% | 1.8% |
| 每股收益（稀释后） | $1.03 | $0.77 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HUBSRUSHA
| Q1 26 | — | $1.7B | ||
| Q4 25 | $846.7M | $1.7B | ||
| Q3 25 | $809.5M | $1.8B | ||
| Q2 25 | $760.9M | $1.8B | ||
| Q1 25 | $714.1M | $1.8B | ||
| Q4 24 | $703.2M | $1.9B | ||
| Q3 24 | $669.7M | $1.8B | ||
| Q2 24 | $637.2M | $1.9B |
净利润HUBSRUSHA
| Q1 26 | — | $61.7M | ||
| Q4 25 | $54.4M | $64.3M | ||
| Q3 25 | $16.5M | $66.7M | ||
| Q2 25 | $-3.3M | $72.4M | ||
| Q1 25 | $-21.8M | $60.3M | ||
| Q4 24 | $5.0M | $74.8M | ||
| Q3 24 | $8.1M | $79.1M | ||
| Q2 24 | $-14.4M | $78.7M |
毛利率HUBSRUSHA
| Q1 26 | — | 20.4% | ||
| Q4 25 | 83.7% | 20.8% | ||
| Q3 25 | 83.5% | 21.0% | ||
| Q2 25 | 83.9% | 20.7% | ||
| Q1 25 | 83.9% | 20.3% | ||
| Q4 24 | 85.3% | 19.3% | ||
| Q3 24 | 85.2% | 21.0% | ||
| Q2 24 | 85.0% | 20.2% |
营业利润率HUBSRUSHA
| Q1 26 | — | 4.9% | ||
| Q4 25 | 5.7% | 5.5% | ||
| Q3 25 | 1.4% | 5.6% | ||
| Q2 25 | -3.2% | 6.0% | ||
| Q1 25 | -3.8% | 5.2% | ||
| Q4 24 | -1.5% | 5.8% | ||
| Q3 24 | -1.4% | 6.7% | ||
| Q2 24 | -3.8% | 6.4% |
净利率HUBSRUSHA
| Q1 26 | — | 3.7% | ||
| Q4 25 | 6.4% | 3.8% | ||
| Q3 25 | 2.0% | 3.7% | ||
| Q2 25 | -0.4% | 3.9% | ||
| Q1 25 | -3.1% | 3.4% | ||
| Q4 24 | 0.7% | 3.9% | ||
| Q3 24 | 1.2% | 4.4% | ||
| Q2 24 | -2.3% | 4.1% |
每股收益（稀释后）HUBSRUSHA
| Q1 26 | — | $0.77 | ||
| Q4 25 | $1.03 | $0.81 | ||
| Q3 25 | $0.31 | $0.83 | ||
| Q2 25 | $-0.06 | $0.90 | ||
| Q1 25 | $-0.42 | $0.73 | ||
| Q4 24 | $0.09 | $-95.13 | ||
| Q3 24 | $0.16 | $0.97 | ||
| Q2 24 | $-0.28 | $97.00 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $882.2M | — |
| 总债务越低越好 | — | $277.8M |
| 股东权益账面价值 | $2.1B | $2.3B |
| 总资产 | $3.9B | $4.5B |
| 负债/权益比越低杠杆越低 | — | 0.12× |
8季度趋势，按日历期对齐
现金及短期投资HUBSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $882.2M | $212.6M | ||
| Q3 25 | $614.4M | $242.0M | ||
| Q2 25 | $601.2M | $211.1M | ||
| Q1 25 | $625.0M | $228.7M | ||
| Q4 24 | $512.7M | $228.1M | ||
| Q3 24 | $410.1M | $185.1M | ||
| Q2 24 | $797.9M | $167.3M |
总债务HUBSRUSHA
| Q1 26 | — | $277.8M | ||
| Q4 25 | — | $274.8M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $408.4M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益HUBSRUSHA
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.1B | $2.2B | ||
| Q3 25 | $1.9B | $2.2B | ||
| Q2 25 | $2.1B | $2.2B | ||
| Q1 25 | $2.0B | $2.2B | ||
| Q4 24 | $1.9B | $2.1B | ||
| Q3 24 | $1.8B | $2.1B | ||
| Q2 24 | $1.6B | $2.0B |
总资产HUBSRUSHA
| Q1 26 | — | $4.5B | ||
| Q4 25 | $3.9B | $4.4B | ||
| Q3 25 | $3.5B | $4.6B | ||
| Q2 25 | $3.7B | $4.7B | ||
| Q1 25 | $3.9B | $4.7B | ||
| Q4 24 | $3.8B | $4.6B | ||
| Q3 24 | $3.6B | $4.6B | ||
| Q2 24 | $3.4B | $4.5B |
负债/权益比HUBSRUSHA
| Q1 26 | — | 0.12× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.19× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $247.4M | — |
| 自由现金流经营现金流 - 资本支出 | $234.0M | $411.6M |
| 自由现金流率自由现金流/营收 | 27.6% | 24.4% |
| 资本支出强度资本支出/营收 | 1.6% | 2.0% |
| 现金转化率经营现金流/净利润 | 4.55× | — |
| 过去12个月自由现金流最近4个季度 | $707.6M | $828.4M |
8季度趋势，按日历期对齐
经营现金流HUBSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | $247.4M | $112.9M | ||
| Q3 25 | $187.4M | $367.8M | ||
| Q2 25 | $164.4M | $227.6M | ||
| Q1 25 | $161.6M | $153.5M | ||
| Q4 24 | $194.1M | $392.3M | ||
| Q3 24 | $159.5M | $111.7M | ||
| Q2 24 | $117.8M | $270.6M |
自由现金流HUBSRUSHA
| Q1 26 | — | $411.6M | ||
| Q4 25 | $234.0M | $31.9M | ||
| Q3 25 | $177.0M | $271.2M | ||
| Q2 25 | $148.3M | $113.8M | ||
| Q1 25 | $148.2M | $45.1M | ||
| Q4 24 | $181.4M | $263.5M | ||
| Q3 24 | $148.4M | $-20.0M | ||
| Q2 24 | $109.6M | $177.2M |
自由现金流率HUBSRUSHA
| Q1 26 | — | 24.4% | ||
| Q4 25 | 27.6% | 1.9% | ||
| Q3 25 | 21.9% | 15.2% | ||
| Q2 25 | 19.5% | 6.2% | ||
| Q1 25 | 20.8% | 2.6% | ||
| Q4 24 | 25.8% | 13.7% | ||
| Q3 24 | 22.2% | -1.1% | ||
| Q2 24 | 17.2% | 9.1% |
资本支出强度HUBSRUSHA
| Q1 26 | — | 2.0% | ||
| Q4 25 | 1.6% | 4.8% | ||
| Q3 25 | 1.3% | 5.4% | ||
| Q2 25 | 2.1% | 6.2% | ||
| Q1 25 | 1.9% | 6.2% | ||
| Q4 24 | 1.8% | 6.7% | ||
| Q3 24 | 1.7% | 7.3% | ||
| Q2 24 | 1.3% | 4.8% |
现金转化率HUBSRUSHA
| Q1 26 | — | — | ||
| Q4 25 | 4.55× | 1.75× | ||
| Q3 25 | 11.33× | 5.51× | ||
| Q2 25 | — | 3.14× | ||
| Q1 25 | — | 2.55× | ||
| Q4 24 | 38.96× | 5.25× | ||
| Q3 24 | 19.59× | 1.41× | ||
| Q2 24 | — | 3.44× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HUBS
| Subscription And Circulation | $829.0M | 98% |
| Services | $17.8M | 2% |
RUSHA
| New and used commercial vehicle sales | $955.1M | 57% |
| Aftermarket products and services sales | $627.2M | 37% |
| Lease and rental sales | $92.3M | 5% |
| Finance and insurance | $5.6M | 0% |
