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HubSpot Inc
F:096

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HubSpot Inc
F:096
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Price: 178.5 EUR -6.05% Market Closed
Market Cap: €9.1B

HubSpot Inc
Investor Relations

HubSpot sells cloud software that helps businesses run their marketing, sales, customer service, and website operations in one place. Its main products include tools for managing leads, sending marketing emails, tracking deals, handling support tickets, and building customer-facing websites and forms. The software is built for companies that want an easier way to organize customer data and automate day-to-day sales and marketing work. Its main customers are small and mid-sized businesses, though larger companies also use its software. HubSpot makes money mostly through subscription fees for access to its software platform, with customers paying for different products and for higher usage as their teams grow. It also earns some service and partner-related revenue, but the core business is selling software access over time. What sets HubSpot apart is that it sits at the center of a company’s customer funnel: it helps attract leads, close sales, and support customers after the sale. That makes it less like a single-purpose tool and more like a system that connects several business functions. For investors, the key idea is simple: HubSpot is a business software company that sells recurring access to tools companies use to manage customer relationships from first contact to long-term support.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 7, 2026
AI Summary
Q1 2026

Revenue beat: HubSpot said Q1 revenue rose 23% year over year as reported, with constant-currency growth of 18.2%, and the company raised full-year 2026 revenue guidance by 40 basis points.

AI monetization: Management said AI is now a real growth driver, with core seats up 90% year over year and total credits consumed up 67% quarter over quarter.

Margin strength: Q1 operating margin expanded sharply, and the company now expects full-year 2026 non-GAAP operating margin to reach 21%, which management said puts it ahead of earlier targets.

Short-term friction: April pricing and packaging changes, plus sales retraining, slowed the start to Q2 and may lengthen sales cycles in the near term, but management framed them as deliberate steps to support longer-term adoption.

Platform strategy: HubSpot continued positioning itself as an open, AI-first customer platform, emphasizing APIs, MCP, and support for first-party and third-party agents running on its data and context.

Key Financials
Revenue
$897 million to $898 million
Revenue
18.2%
Subscription revenue
23% year over year
Services and other revenue
22% year over year
Operating margin
17.8%
Operating margin
18%
Customer count
nearly 300,000
Net customer additions
10,800
Average subscription revenue per customer
$11,700
Customer dollar retention
high 80s
Net revenue retention
103%
Calculated billings
$912 million
Non-GAAP net income
$143 million
Non-GAAP net income per diluted share
$2.72
GAAP net income
$33 million
GAAP net income per diluted share
$0.62
Free cash flow
$154 million
Cash and marketable securities
$1.8 billion
Share repurchases
$211 million
Core seat users
90% year over year
Additional core seats adoption
over 25% of Pro+ customers
Credits consumed
67% quarter over quarter
Prospecting Agent activation
nearly 14,000 customers
Data Agent activation
over 9,000 customers
Customer Agent activation
over 9,000 customers
Customer Agent resolution rate
70%
AEO trials
over 15,000 Pro+ customers
Large deals
deals over $60,000 ARR grew 37%; deals over $120,000 ARR grew 64%
Customers with 500 or more seats
over 50% year over year
Clearbit headwind
40 basis points
Capital expenditures
5% to 6% of revenue
Earnings Call Recording
Other Earnings Calls

Management

Mr. Brian Halligan J.D.
Co-Founder & Executive Chairperson
No Bio Available
Ms. Yamini Rangan
CEO, President and Director
No Bio Available
Mr. Dharmesh Shah
Co-Founder, CTO & Director
No Bio Available
Ms. Kathryn A. Bueker
CFO & Treasurer
No Bio Available
Ms. Alyssa Harvey Dawson J.D.
Chief Legal Officer & Corporate Secretary
No Bio Available
Mr. Chris Hogan
Senior Vice President of Operations
No Bio Available
Mr. Charles MacGlashing
Corporate Treasure & Senior Director of IR
No Bio Available
Mr. Kipp Bodnar
Chief Marketing Officer
No Bio Available
Mr. Christian Kinnear
Chief Sales Officer, VP & MD of EMEA
No Bio Available
Ms. Helen Russell
Chief People Officer
No Bio Available

Contacts

Address
MASSACHUSETTS
Cambridge
25 1st St Fl 2
Contacts
+18884827768.0
www.hubspot.com
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