secwatch.observer — SEC 8-K summary
======================================

Issuer:     HUBSPOT INC (HUBS)
CIK:        0001404655
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-017202
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HubSpot Q1 revenue $501.6M (+27% YoY); GAAP loss widens, non-GAAP profit up
---------------------------------------------------------------------------

- Q1 revenue $501.6M (+27% YoY); subscription rev $489.7M (+27%).
- GAAP net loss ($38.3M) or ($0.78)/share; Non-GAAP net income $61.6M or $1.25 basic/$1.20 diluted.
- Customers reached 177,298 (+23% YoY); avg sub revenue per customer $11,365 (+3%).
- Q2 rev guidance $503-505M, non-GAAP EPS $0.98-$1.00; FY rev $2.080-2.088B, non-GAAP EPS $4.80-$4.85.
- Free cash flow $85.2M (Q1 2023) vs $62.6M (Q1 2022); cash & investments $1.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1404655/000095017023017202/0000950170-23-017202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1404655/000095017023017202/hubs-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017202

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer