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Hubspot Executive Compensation (FY25)

HUBS · Cambridge, MA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 16, 2026
278 figures on this page: 269 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Yamini Rangan, Chief Executive Officer, President, and Director, received $20,126,620 in total compensation for fiscal 2025, and compared with the $24,857,546 reported for fiscal 2024, Rangan's total was 19.0% lower. For fiscal 2025, the company reported a chief executive pay ratio of 105:1, against median employee compensation of $191,014. The say-on-pay proposal drew 90.2% of votes cast for or against in favor at the meeting held June 15, 2026 for fiscal 2025. The disclosed peer group names Ansys, Inc., Atlassian Corporation Plc, Cloudflare, Inc., CrowdStrike Holdings, Inc. and Datadog, Inc., among others.
Chief executive, fiscal 2025
◇
Yamini Rangan
Latest say-on-pay support
=
June 15, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Yamini Rangan: $24,857,546 → $20,126,620 (19.0% lower)
Say-on-pay support: 89.2% → 90.2% (1.0 points higher)
CEO pay ratio: 145:1 → 105:1 (27.6% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Hubspot's chief executive and what were they paid?
Yamini Rangan, Chief Executive Officer, President, and Director, received $20,126,620 in total compensation for fiscal 2025. Compared with the $24,857,546 reported for fiscal 2024, Rangan's total was 19.0% lower.
What was Hubspot's say-on-pay result?
The say-on-pay proposal drew 90.2% of votes cast for or against in favor at the meeting held June 15, 2026 for fiscal 2025.
Which companies are in Hubspot's peer group?
The disclosed peer group names Ansys, Inc., Atlassian Corporation Plc, Cloudflare, Inc., CrowdStrike Holdings, Inc. and Datadog, Inc., among others.
What is Hubspot's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 105:1, against median employee compensation of $191,014.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Yamini Rangan
Chief Executive Officer, President, and Director
◇—◇◇——◇◇
Kate Bueker
Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Brian Halligan
Co-founder and Executive Chairperson of the Board
◇—◇◇——◇◇
Dharmesh Shah
Co-founder, Chief Technology Officer, and Director
◇—◇◇——◇◇
John Kelleher
Former General Counsel and Secretary
Departed during or after this year
◇—◇◇◇—◇◇
Alyssa Harvey Dawson
Chief Legal Officer and Secretary
◇◇——◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Yamini Rangan
Chief Executive Officer, President, and Director
◇—◇◇———◇
Kate Bueker
Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Alyssa Harvey Dawson
Chief Legal Officer and Secretary
◇—◇◇◇—◇◇
Brian Halligan
Co-founder and Executive Chairperson of the Board
◇—◇◇———◇
Dharmesh Shah
Co-founder, Chief Technology Officer, and Director
◇—◇◇———◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Yamini Rangan
Chief Executive Officer, President, and Director
◇—◇—◇—◇◇
Kate Bueker
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Alyssa Harvey Dawson
Former Chief Legal Officer and Secretary
Departed during or after this year
◇—◇—◇—◇◇
Dharmesh Shah
Co-founder, Chief Technology Officer, and Director
◇—◇————◇
Brian Halligan
Co-founder and Executive Chairperson of the Board
◇—◇————◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Yamini Rangan
Chief Executive Officer, President, and Director
◇—◇—◇—◇◇
Erika Fisher
Chief Legal Officer and Secretary
◇—◇—◇—◇◇
Kate Bueker
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Dharmesh Shah
Co-founder, Chief Technology Officer, and Director
◇—◇————◇
Brian Halligan
Co-founder, Director, and Former Executive Chairperson of the Board
Departed during or after this year
——◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brian HalliganPSU◇◇◇—◇—◇
Brian HalliganRSU◇——◇——◇
Dharmesh ShahRSU◇——◇——◇
Dharmesh ShahPSU◇◇◇—◇—◇
Erika FisherRSU◇——◇——◇
Erika FisherRSU◇——◇——◇
Kate BuekerRSU◇——◇——◇
Kate BuekerPSU◇◇◇—◇—◇
Yamini RanganRSU◇——◇——◇
Yamini RanganPSU◇◇◇—◇—◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Kate BuekerOption◇—◇3/1/2033
Option◇—◇2/1/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Dharmesh ShahOption◇—◇3/1/2033
RSU◇◇——
RSU◇◇——
Option◇—◇2/1/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Brian HalliganOption◇—◇3/1/2033
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇2/1/2032
RSU◇◇——
Yamini RanganRSU◇◇——
Option◇—◇2/1/2032
RSU◇◇——
RSU◇◇——
Option◇—◇3/1/2033
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Erika FisherRSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lorrie M. Norrington
Board chair
◇◇————◇
Ron Gill
◇◇————◇
Jill Ward
◇◇————◇
Jay Simons
◇◇————◇
Claire Hughes Johnson
◇◇————◇
Nick Caldwell
◇◇————◇
Andrew Anagnost
◇◇————◇
Clara Shih
—◇————◇
Mike Berry, Yamini Rangan, Dharmesh Shah and Brian Halligan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Ansys, Inc. ANSS
  • Atlassian Corporation Plc TEAM
  • Cloudflare, Inc. NET
  • CrowdStrike Holdings, Inc. CRWD
  • Datadog, Inc. DDOG
  • DocuSign, Inc. DOCU
  • Elastic N.V. ESTC
  • Fair Isaac Corporation FICO
  • Fortinet, Inc. FTNT
  • MongoDB, Inc. MDB
  • Okta, Inc. OKTA
  • Paycom Software, Inc. PAYC
  • Snowflake Inc. SNOW
  • The Trade Desk, Inc. TTD
  • Twilio Inc. TWLO
  • Veeva Systems Inc. VEEV
  • Zscaler, Inc. ZS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 15, 2026=◇◇◇
2024June 4, 2025=◇◇◇
2023June 11, 2024=◇◇◇
2022June 6, 2023=◇◇◇
2021June 7, 2022=◇◇◇
2020June 3, 2021=◇◇◇
2019June 17, 2020=◇◇◇
2018June 5, 2019=◇◇◇
2017June 6, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Hubspot disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Hubspot sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
278 figures on this page: 269 cited to the filing that reported them, 9 calculated from figures it prints.
269 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001193125-26-272643
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-182210
    025 GRANTS OF PLAN-BASED AWARDS TABLE · 2025 Director Compensation Table · 2025 GRANTS OF PLAN-BASED AWARDS TABLE · 2025 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END TABLE · and 4 more sections
  3. 0000950170-25-084424
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000950170-25-058041
    24 SUMMARY COMPENSATION TABLE
  5. 0000950170-24-073731
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000950170-24-048382
    2023 SUMMARY COMPENSATION TABLE
  7. 0000950170-23-027491
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000950170-23-014454
    2022 SUMMARY COMPENSATION TABLE
  9. 0000950170-22-011391
    Say-on-Pay Proposal
  10. 0001564590-21-032119
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001564590-20-029650
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-19-167185
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-18-186799
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Hubspot executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HUBS (accessed 2026).
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Hubspot discloses

The companies named in HUBS's own disclosed peer group.

Atlassian Corporation PlcCloudflare, Inc.CrowdStrike Holdings, Inc.Datadog, Inc.DocuSign, Inc.Elastic N.V.Fair Isaac CorporationFortinet, Inc.MongoDB, Inc.Okta, Inc.Paycom Software, Inc.Snowflake Inc.The Trade Desk, Inc.Twilio Inc.Veeva Systems Inc.Zscaler, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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