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Form 8-K · Current Report · Filed 2024-08-07

HubSpot Reports Q2 2024 Financial Results and Business Outlook

HubSpot, Inc. reported its financial results for the second quarter ended June 30, 2024, showing a 20% increase in total revenue to $637.2 million, with a non-GAAP operating margin of 17.2%. The company also provided guidance for the third quarter and full year 2024, expecting total revenue to range between $2.567 billion and $2.573 billion for the year. Non-GAAP net income for Q2 2024 was $103.5 million, or $2.03 per diluted share. The report includes details on financial performance, including revenue breakdown, operating expenses, and cash flow.

Filer
HubSpot Inc. HUBS · NYSE
Filed
Accession
0000950170-24-092811
CIK
0001404655
Signal
Medium impactTechnology

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$450.09

Next session

+5.8%

Since filing

-47.3%

Latest close

$237.36

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from HUBS reporting the same item, with the next session's move:

Exhibits (1)

About HubSpot Inc.

HubSpot Inc. is a leading provider of cloud-based marketing, sales, and customer service tools designed to improve the productivity and efficiency of businesses worldwide. Known for its fully integrated software platform, HubSpot empowers companies of all sizes to attract, engage, and delight customers by providing tools that support inbound marketing strategies, content management, search engine optimization (SEO), customer relationship management (CRM), and analytics. A pioneer in the field of inbound marketing, HubSpot caters to a wide range of industries seeking to streamline their operations and enhance customer experience through data-driven insights. Headquartered in Cambridge, Massachusetts, HubSpot has played a significant role in the digital transformation of marketing practices, enabling companies to adapt to rapidly changing consumer expectations in the digital age. Its comprehensive suite of tools, emphasis on simplicity and user-friendliness, and robust community of users and developers make it a vital asset in the competitive landscape of digital business solutions.

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