MetaCap

Elastic N.V. (ESTC) vs HubSpot (HUBS)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Elastic N.V. (ESTC) has outperformed HubSpot (HUBS) over the past year, gaining 14.5% versus a loss of 51.1%. Over five years, ESTC leads with a -44.6% price change compared with -72.1% for HUBS. HubSpot is the larger company by market cap ($11.87 billion vs $10.00 billion), about 1.2 times the size.

On valuation, HubSpot trades at a lower forward P/E (13.8x vs 24.1x for Elastic N.V.). Elastic N.V. converts more of its revenue into profit, with a net margin of 21.1% versus 1.5%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ESTC+15.80%HUBS-51.09%
+29%-19%-67%
Oct 7, 20251 yearOct 7, 2026
ESTC-38.62%HUBS-67.60%
+29%-25%-79%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ESTC versus HUBS key metrics
MetricESTCHUBS
Share price$95.26$231.84
Market cap$10.00B$11.87B
1-day change+2.32%+5.25%
YTD return+26.27%-45.11%
1-year return+14.50%-51.09%
5-year return-44.57%-72.15%
P/E ratio (TTM)27.2282.80
Forward P/E24.0913.77
EPS (TTM)$3.50$2.80
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$1.74B$3.13B
Revenue growth (YoY)+17.26%+19.17%
Net income (latest FY)$367.77M$45.91M
Gross margin76.07%83.76%
Operating margin-1.92%0.24%
Net margin21.14%1.47%
52-week high$108.00$497.96
52-week low$42.05$169.63
Distance from 52-week high-11.80%-53.44%
Analyst consensusbuybuy
Avg. price target upside+16.20%+7.71%
Average volume2.26M1.75M
Shares outstanding104.99M51.19M
Employees3,8349,016
SectorTechnologyTechnology
IndustryComputer Software: Prepackaged SoftwareComputer Software: Prepackaged Software

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • ESTC has outperformed HUBS by 65.6 percentage points over the past year.
  • HubSpot trades at a higher earnings multiple (82.8x vs 27.2x trailing P/E).
  • Elastic N.V. is more profitable, keeping 21.1 cents of every revenue dollar as net income versus 1.5 cents for HubSpot.

About Elastic N.V.

ESTC stock →

Elastic N.V., a search artificial intelligence (AI) company, provides software platforms to run in hybrid, public or private clouds, and multi-cloud environments in the United States and internationally. It primarily offers Elasticsearch Platform, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization on that data.

Technology · Computer Software: Prepackaged Software · 3,834 employees

About HubSpot

HUBS stock →

HubSpot, Inc., together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, AEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Hub that helps business with website pages, business blogging, video and podcast hosting, smart content, landing pages and forms, SEO recommendations, forms and lead flow, web analytics reporting, calls-to-action, and file manager.

Technology · Computer Software: Prepackaged Software · 9,016 employees

ESTC vs HUBS FAQ

Which is bigger, Elastic N.V. or HubSpot?

HubSpot (HUBS) is larger, with a market capitalization of $11.87B compared with $10.00B for Elastic N.V. (ESTC).

Which stock has performed better over the past year, ESTC or HUBS?

ESTC returned +14.50% over the past 12 months, compared with -51.09% for HUBS (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, ESTC or HUBS?

ESTC has the lower trailing P/E at 27.2, versus 82.8 for HUBS. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Elastic N.V. and HubSpot in the same industry?

Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.

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