Tech — Software
Hubspot Executive Compensation (FY25)
HUBS · Cambridge, MA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Yamini Rangan | Latest say-on-pay support = June 15, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of October 23, 2026Latest filing (8-K): June 16, 2026
13 filings cited on this page
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Published by Velarion Company Intelligence
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301 figures on this page: 292 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Brian Halligan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Brian Halligan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Dharmesh Shah | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Dharmesh Shah | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Erika Fisher | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Erika Fisher | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kate Bueker | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kate Bueker | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Yamini Rangan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Yamini Rangan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Dharmesh Shah | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/1/2032 | |
| RSU | ◇ | ◇ | — | — | |
| Kate Bueker | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/1/2032 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| Yamini Rangan | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| RSU | ◇ | ◇ | — | — | |
| Option | ◇ | — | ◇ | 2/1/2032 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Erika Fisher | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Brian Halligan | RSU | ◇ | ◇ | — | — |
| Option | ◇ | — | ◇ | 2/1/2032 | |
| Option | ◇ | — | ◇ | 3/1/2033 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Erika Fisher
Chief Legal Officer and Secretary · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
Kate Bueker
Chief Financial Officer and Treasurer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
Yamini Rangan
Chief Executive Officer, President, and Director · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Change-in-control multiple | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
| Non-compete period | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Lorrie M. Norrington Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Ron Gill | ◇ | ◇ | — | — | — | — | ◇ |
Jill Ward | ◇ | ◇ | — | — | — | — | ◇ |
Jay Simons | ◇ | ◇ | — | — | — | — | ◇ |
Claire Hughes Johnson | ◇ | ◇ | — | — | — | — | ◇ |
Nick Caldwell | ◇ | ◇ | — | — | — | — | ◇ |
Andrew Anagnost | ◇ | ◇ | — | — | — | — | ◇ |
Clara Shih | — | ◇ | — | — | — | — | ◇ |
Dharmesh Shah, Yamini Rangan and Mike Berry 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 | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 15, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 4, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 11, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 6, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 7, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | June 3, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | June 17, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | June 5, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | June 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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- Yamini Rangan (Chief Executive Officer, President, and Director), FY2025 total compensation $20,126,620 (base salary $700,000) [exec_comp, SEC accession 0001193125-26-182210, filed 2026-04-27]What this page does not include
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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.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
301 figures on this page: 292 cited to the filing that reported them, 9 calculated from figures it prints.
292 cited to the filing
9 calculated from the filing
Documents cited
- 0001193125-26-272643Proposal 3 – To Approve, on a Non-Binding, Advisory Basis, the Compensation of the Company’s Named Executive Officers The stockholders approved, on a non-binding, advisory basis, the compensation of t
- 0001193125-26-182210025 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 5 more sections
- 0000950170-25-084424Proposal 3 – To Approve, on a Non-Binding, Advisory Basis, the Compensation of the Company’s Named Executive Officers The stockholders approved, on a non-binding, advisory basis, the compensation of t
- 0000950170-25-05804124 SUMMARY COMPENSATION TABLE · Compensation Discussion and Analysis
- 0000950170-24-073731Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000950170-24-0483822023 SUMMARY COMPENSATION TABLE
- 0000950170-23-027491Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000950170-23-0144542022 SUMMARY COMPENSATION TABLE
- 0000950170-22-011391Say-on-Pay Proposal
- 0001564590-21-032119Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001564590-20-029650Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-19-167185Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-18-186799Item 5.07 Submission of Matters to a Vote of Security Holders
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This page is free to cite. Attribution we ask for:
Velarion, “Hubspot executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/HUBS (accessed 2026).
Short form: data: Velarion
The Hubspot brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings
Peers Hubspot discloses
The companies named in HUBS's own disclosed peer group.
Terms on this page
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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}
}