Quarterly ResultMay 7, 2026, 04:40 PM
HubSpot Q1 Revenue $881M, Swings to Net Income of $32.6M
AI Summary
HubSpot reported strong financial results for the first quarter of 2026, with total revenue increasing by 23.4% year-over-year to $881.0 million. The company successfully swung from a net loss of $21.8 million in Q1 2025 to a net income of $32.6 million in Q1 2026, and also achieved operating income of $27.9 million compared to an operating loss in the prior year. Additionally, HubSpot engaged in significant common stock repurchases totaling $206.7 million during the quarter, reflecting robust capital management.
Key Highlights
- Total revenue increased 23.4% to $881.0 million for Q1 2026, up from $714.1 million.
- Subscription revenue grew to $862.3 million in Q1 2026, compared to $698.7 million in Q1 2025.
- Net income was $32.6 million in Q1 2026, a swing from a net loss of $21.8 million in Q1 2025.
- Basic net income per share was $0.62 for Q1 2026, up from a $(0.42) loss per share in Q1 2025.
- Income from operations reached $27.9 million in Q1 2026, reversing a $27.5 million loss in Q1 2025.
- Net cash provided by operating activities rose to $198.8 million in Q1 2026.
- The company repurchased $206.7 million of common stock during the first quarter of 2026.
- Deferred revenue increased to $1.04 billion as of March 31, 2026, from $1.00 billion at December 31, 2025.
Price Impact
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