Salesforce, Inc. vs HubSpot, Inc.: A Gross Profit Performance Breakdown

Salesforce vs. HubSpot: A Decade of CRM Profit Growth

__timestampHubSpot, Inc.Salesforce, Inc.
Wednesday, January 1, 2014787960003102575000
Thursday, January 1, 20151340200004084316000
Friday, January 1, 20162091020005012668000
Sunday, January 1, 20172998830006203000000
Monday, January 1, 20184126230007767000000
Tuesday, January 1, 20195449020009831000000
Wednesday, January 1, 202071606700012863000000
Friday, January 1, 2021104180100015814000000
Saturday, January 1, 2022141671000019466000000
Sunday, January 1, 2023182474100022992000000
Monday, January 1, 2024223427800026316000000
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In pursuit of knowledge

A Tale of Two Titans: Salesforce vs. HubSpot

In the ever-evolving landscape of customer relationship management (CRM) software, Salesforce, Inc. and HubSpot, Inc. have emerged as formidable contenders. Over the past decade, Salesforce has consistently outperformed HubSpot in terms of gross profit, showcasing a staggering growth of over 750% from 2014 to 2023. In contrast, HubSpot, while growing impressively by over 2,200%, still trails behind its larger competitor.

A Decade of Growth

From 2014 to 2023, Salesforce's gross profit surged from approximately $3.1 billion to an impressive $22.9 billion, reflecting its dominant market position. Meanwhile, HubSpot's gross profit grew from $78 million to $1.8 billion, highlighting its rapid expansion in the CRM space.

The Missing Year

While Salesforce's data extends into 2024, HubSpot's figures for that year remain elusive, leaving room for speculation on its future trajectory. As these two giants continue to innovate, the CRM industry eagerly anticipates their next moves.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025