---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-211923"
form_type: "8-K"
ticker: "HUBS"
cik: "0001404655"
company_name: "HUBSPOT INC"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:32:56.605566+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HubSpot Q1 revenue $881M (+23% YoY); GAAP net income $32.6M vs loss; Q2 guide ~$897M

## Summary
- Revenue $881.0M (+23% as-reported, +18% constant currency); subscription revenue $862.3M; non-GAAP op margin 17.8% (14.0% Q1'25).
- GAAP net income $32.6M ($0.62 diluted) vs net loss of $21.8M in Q1'25; non-GAAP net income $143.0M ($2.72 diluted).
- Customer count 299,458 (+16% YoY); average subscription revenue per customer $11,722 (+6% YoY).
- Operating cash flow $198.8M (+23% YoY); repurchased $211M of stock under $1B program; Q2 rev guidance $897-898M, FY rev guidance $3.700-3.708B.

## SEC filing metadata
- accession: 0001193125-26-211923
- form_type: 8-K
- ticker: HUBS
- cik: 0001404655
- company_name: HUBSPOT INC
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1404655/000119312526211923/0001193125-26-211923-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1404655/000119312526211923/hubs-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-211923
- JSON: https://secwatch.observer/filing/0001193125-26-211923.json
- Plain text: https://secwatch.observer/filing/0001193125-26-211923.txt

## Source-grounded claims
- claim_id: 4bce1a5de1d38e29bad947351be99a4cbc24924d
  claim: HUBSPOT INC reported the first quarter ended March 31, 2026 results: revenue $881.0 million, net income $32.6 million, EPS $0.62 per basic and diluted share. Guidance reaffirmed.
  evidence_excerpt: Total revenue was $881.0 million, up 23% on an as-reported basis and 18% in constant currency compared to Q1'25.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1404655/000119312526211923/0001193125-26-211923-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.