HubSpot (HUBS) Tops Q3 EPS by 27c, Offers Guidance

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HubSpot Reports Q3 2024 Results

November 6, 2024 4:05 PM EST

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- HubSpot, Inc. (NYSE: HUBS), the customer platform for scaling companies, today announced financial results for the third quarter ended September 30, 2024.

Financial Highlights:

Revenue

Total revenue was $669.7 million, up 20% compared to Q3'23. Subscription revenue was $654.7 million, up 20% compared to Q3'23. Professional services and other revenue was $15.0 million, up 28% compared to Q3'23.

Operating Income (Loss)

GAAP operating margin was (1.4%), compared to (3.3%) in Q3'23. Non-GAAP... More