HubSpot (HUBS) Tops Q3 EPS by 35c, Offers Guidance

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Go back to HubSpot (HUBS) Tops Q3 EPS by 35c, Offers Guidance

HubSpot Reports Q3 2023 Results

November 8, 2023 4:10 PM EST

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling businesses, today announced financial results for the third quarter ended September 30, 2023.

Financial Highlights:

Revenue

Total revenue was $557.6 million, up 26% compared to Q3'22. Subscription revenue was $545.8 million, up 25% compared to Q3'22. Professional services and other revenue was $11.7 million, up 31% compared to Q3'22.

Operating Income (Loss)

GAAP operating margin was (3.7%), compared to (7.3%) in Q3'22. Non-GAAP... More