HUBSPOT INC

HUBSPOT INC earnings

HUBS

22 quarterly earnings reports from Q1 FY2021 to Q2 FY2026: Summary, reported figures, guidance, risks and SaaS KPIs.

Quarterly reports

Q2 FY2026
Quarter ended Jun 2026

HubSpot reported second quarter fiscal 2026 revenue of $911.7 million, up 19.8% from the prior-year quarter. Gross profit was $750.9 million, up 17.6%, while gross margin slipped to 82.4%, down 1.6 percentage points.

12 KPIs9 guidance items9 risks
$911.7M
Revenue · +19.8% YoY
Op. margin 4.8%
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Q1 FY2026
Quarter ended Mar 2026

HubSpot's FY2026 Q1 revenue was $881.0 million, up 23.4% from the prior-year quarter. Gross profit was $735.3 million, up 22.7%. Gross margin was 83.5%, down 0.4 percentage points.

6 KPIs8 guidance items14 risks
$881.0M
Revenue · +23.4% YoY
Op. margin 3.2%
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Q4 FY2025
Quarter ended Dec 2025

HubSpot closed fiscal 2025 with fourth quarter revenue of $846.7 million, up 20.4% from $703.2 million in the prior-year quarter. Full-year revenue reached $3.13 billion, up 19.2% from $2.63 billion. Subscription revenue carried the quarter at $829.0 million, up 21%.

6 KPIs9 guidance items10 risks
$846.7M
Revenue · +20.4% YoY
Op. margin 5.7%
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Q3 FY2025
Quarter ended Sep 2025

HubSpot's fiscal 2025 third quarter revenue was $809.5 million, up 20.9% from the prior-year quarter. Gross profit was $676.0 million, up 18.5%, while gross margin was 83.5%, down 1.7 percentage points from a year earlier.

7 KPIs8 guidance items8 risks
$809.5M
Revenue · +20.9% YoY
Op. margin 1.4%
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Q2 FY2025
Quarter ended Jun 2025

HubSpot's second quarter of fiscal 2025 showed steady top-line expansion but continued GAAP losses. Revenue was $760.9 million, up 19.4% from the prior-year quarter. Customers reached 267,982 at June 30, 2025, up 18% from June 30, 2024. Average subscription revenue per customer was $11,310, up 1% as reported.

6 KPIs10 guidance items9 risks
$760.9M
Revenue · +19.4% YoY
Op. margin -3.2%
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Q1 FY2025
Quarter ended Mar 2025

HubSpot's first quarter of 2025 showed steady top-line growth but a wider GAAP loss. Revenue rose 15.7% to $714.1 million. Gross profit was $599.0 million, up 14.7%. Gross margin slipped to 83.9%, down 0.7 percentage points. The GAAP operating loss widened to $27.5 million.

6 KPIs9 guidance items8 risks
$714.1M
Revenue · +15.7% YoY
Op. margin -3.9%
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Q4 FY2024
Quarter ended Dec 2024

HubSpot closed fiscal 2024 with fourth-quarter revenue of $703.18 million, up 20.8% from the prior-year quarter. Full-year revenue reached $2.63 billion, up 21.1%. Gross profit was $599.84 million in the quarter, up 21.3%, and $2.23 billion for the year, up 22.0%.

2 KPIs7 risks
$703.2M
Revenue · +20.8% YoY
Op. margin -1.5%
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Q3 FY2024
Quarter ended Sep 2024

HubSpot reported third-quarter fiscal 2024 revenue of $669.72 million, up 20.1% from the prior-year quarter. Subscription revenue accounted for 98% of total revenue. The customer count reached 238,128 as of September 30, 2024, up from 194,098 a year earlier.

2 KPIs8 risks
$669.7M
Revenue · +20.1% YoY
Op. margin -1.4%
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Q2 FY2024
Quarter ended Jun 2024

HubSpot reported fiscal 2024 second quarter revenue of $637.23 million, up 20.4% from $529.14 million in the prior-year quarter. Gross profit rose 22.0% to $541.71 million from $444.18 million. Gross margin rose to 85.0% from 83.9%.

2 KPIs8 risks
$637.2M
Revenue · +20.4% YoY
Op. margin -3.8%
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Q1 FY2024
Quarter ended Mar 2024

HubSpot's first quarter of fiscal 2024 produced revenue of $617.4 million, up 23.1% from $501.6 million in the prior-year quarter. Subscription revenue accounted for 98% of the total, and professional services and other revenue was $13.6 million, up 15%. The customer base grew 22% to 216,840 as of March 31, 2024.

6 KPIs12 guidance items10 risks
$617.4M
Revenue · +23.1% YoY
Op. margin -3.8%
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Q4 FY2023
Quarter ended Dec 2023

HubSpot closed fiscal 2023 with $581.9 million in fourth-quarter revenue, up 23.9% from the prior-year quarter. Full-year revenue reached $2.17 billion, up 25.4%. Gross profit was $493.3 million in the quarter, up 26.7%, and $1.82 billion for the year, up 28.8%.

5 KPIs10 guidance items8 risks
$581.9M
Revenue · +23.9% YoY
Op. margin -4.2%
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Q3 FY2023
Quarter ended Sep 2023

HubSpot reported third quarter fiscal 2023 revenue of $557.6 million, up 25.6% from the prior-year quarter. Revenue for the first nine months of fiscal 2023 reached $1.59 billion, up 25.9% from the same period a year earlier.

6 KPIs10 guidance items10 risks
$557.6M
Revenue · +25.6% YoY
Op. margin -3.7%
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Q2 FY2023
Quarter ended Jun 2023

HubSpot reported second quarter fiscal 2023 revenue of $529.1 million, up 25% from $421.8 million in the prior-year quarter. Year to date revenue reached $1.03 billion, up 26.1% from $817.4 million. Gross profit was $441.9 million, up 28.9%, and gross margin improved to 83.5% from 81.3%.

6 KPIs6 guidance items8 risks
$529.1M
Revenue · +25.5% YoY
Op. margin -22.4%
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Q1 FY2023
Quarter ended Mar 2023

HubSpot's first quarter of fiscal 2023 showed strong top-line growth but a much wider GAAP loss. Revenue rose 26.8% to $501.6 million. Gross profit increased 30.0% to $419.6 million, and gross margin improved to 83.6%, up 2.1 percentage points.

6 KPIs6 guidance items8 risks
$501.6M
Revenue · +26.8% YoY
Op. margin -8.9%
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Q4 FY2022
Quarter ended Dec 2022

HubSpot reported fourth-quarter revenue of $469.7 million, up 27.2% from the prior-year quarter. Gross profit rose 30.8% to $389.4 million, and gross margin expanded to 82.9%, up 2.3 percentage points. The company still posted a GAAP operating loss of $13.5 million, and the loss widened from the prior-year quarter.

5 KPIs6 guidance items10 risks
$469.7M
Revenue · +27.2% YoY
Op. margin -2.9%
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Q3 FY2022
Quarter ended Sep 2022

HubSpot's third quarter of fiscal 2022, ended September 30, 2022, delivered revenue of $443.96 million, up 30.9% from the prior-year quarter. Gross profit rose to $361.83 million, up 34.2%. Gross margin expanded to 81.5%, up from the prior-year quarter.

5 KPIs6 guidance items14 risks
$444.0M
Revenue · +30.9% YoY
Op. margin -7.3%
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Q2 FY2022
Quarter ended Jun 2022

HubSpot reported second quarter fiscal 2022 total revenue of $421.76 million, up 35.7% from the prior-year quarter. Gross profit rose to $342.82 million, up 38.3%, and gross margin improved to 81.3%, up 1.5 percentage points. The top line and gross profit grew, but GAAP profitability moved the other way.

5 KPIs6 guidance items8 risks
$421.8M
Revenue · +35.7% YoY
Op. margin -12.4%
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Q1 FY2022
Quarter ended Mar 2022

HubSpot reported first quarter fiscal 2022 revenue of $395.6 million, up 40.6% from $281.4 million in the prior-year quarter. Gross profit rose 42.4% to $322.7 million, and gross margin was 81.6%, up 1.0 percentage point from 80.5%. The customer count reached 143,689 at March 31, 2022, up 26% from March 31, 2021.

5 KPIs6 guidance items12 risks
$395.6M
Revenue · +40.6% YoY
Op. margin -2.8%
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Q4 FY2021
Quarter ended Dec 2021

HubSpot reported fourth quarter 2021 total revenue of $369.3 million, up 46.5% from $252.1 million in the fourth quarter of 2020. Full year revenue was $1.30 billion, up 47.3% from $883.0 million. Gross profit was $297.7 million for the quarter, up 45.4%, and $1.04 billion for the full year, up 45.5%.

5 KPIs6 guidance items18 risks
$369.3M
Revenue · +46.5% YoY
Op. margin -2.2%
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Q3 FY2021
Quarter ended Sep 2021

HubSpot reported third quarter fiscal 2021 revenue of $339.2 million, up 48.5% from the prior-year quarter. Year-to-date revenue was $931.3 million, up 47.6%. Gross profit for the quarter was $269.6 million, up 45.1%.

5 KPIs6 guidance items12 risks
$339.2M
Revenue · +48.5% YoY
Op. margin -4.4%
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Q2 FY2021
Quarter ended Jun 2021

HubSpot closed the second quarter of 2021 with total revenue of $310.8 million, up 52.6% from the prior-year quarter. Gross profit rose 50.4% to $247.9 million. For the first six months of 2021, revenue reached $592.2 million, up 47.1% from the same period in 2020.

6 KPIs6 guidance items15 risks
$310.8M
Revenue · +52.6% YoY
Op. margin -5.3%
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Q1 FY2021
Quarter ended Mar 2021

HubSpot reported first quarter fiscal 2021 revenue of $281.4 million, up 41.4% from $199.0 million in the prior-year quarter. Gross profit was $226.6 million, up 41.0%, while gross margin was 80.5%, down 0.2 percentage points from 80.8%.

7 KPIs6 guidance items10 risks
$281.4M
Revenue · +41.4% YoY
Op. margin -5.3%
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Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.