Quarterly ResultMay 7, 2026, 04:21 PM
HubSpot Q1 Revenue +23% to $881M; Non-GAAP EPS $2.72
AI Summary
HubSpot, Inc. reported strong financial results for the first quarter of 2026, with total revenue increasing 23% year-over-year to $881.0 million. The company achieved significant non-GAAP operating income of $156.8 million and non-GAAP net income of $143.0 million, or $2.72 per diluted share. HubSpot also expanded its customer base by 16% and repurchased $211.0 million of common stock, while providing optimistic revenue guidance for Q2 and the full year 2026.
Key Highlights
- Q1 2026 total revenue was $881.0 million, up 23% year-over-year.
- Q1 2026 non-GAAP net income was $143.0 million, or $2.72 per diluted share.
- Q1 2026 non-GAAP operating income reached $156.8 million, with a 17.8% margin.
- Customer base grew 16% year-over-year to 299,458 as of March 31, 2026.
- The company repurchased $211.0 million of its common stock during Q1.
- Q2 2026 revenue is projected to be $897.0 million to $898.0 million, up 18% YoY.
- Full year 2026 revenue guidance is $3.700 billion to $3.708 billion, up 18% YoY.