HUBS · Hubspot Inc
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY26 earnings call · Aug 5, 2026TL;DR. HubSpot posted 17% constant-currency Q2 revenue growth and 3 points of non-GAAP operating margin expansion, but cited deliberate product/pricing changes and a more cautious demand environment, lowering full-year NRR outlook to roughly flat and guiding Q3 revenue to ~14-15% growth and full-year EPS to $13.23-$13.31; the Board also authorized an additional $1.0 billion share repurchase program.
- + Non-GAAP operating margin expanded 3 points YoY to 20.3% with continued margin expansion and 2-3 points of incremental leverage expected in 2027.
- + Board authorized an additional $1.0 billion share repurchase program; $531.9 million repurchased in Q2.
- + Upmarket and multi-hub momentum: deals over $120K ARR grew 38% YoY and 64% of new ProPlus customers landed with multiple hubs.
- + AI agent adoption accelerating: Data agent customers up 80% QoQ to 16,000+; Prospecting agent at ~17,000; monthly agentic actions up more than 3x YTD; Customer agent resolves 72% of tickets without human escalation.
- − Full-year NRR now expected to be roughly flat YoY (versus prior expectations) due to downgrade pressure and budget optimization.
- − Net new ARR growth now expected to be below constant currency revenue growth for FY2026.
- − Q2 net customer additions of 7,000 missed the $9,000-$10,000 expectation; Q3 quarterly net additions guided to only 5,000-6,000.
- − Q3 revenue guidance of $924-925M implies ~14% as-reported / 15% constant-currency growth, a deceleration from Q2; ASRPC guided to only low- to mid-single-digit constant-currency growth.
- − Net revenue retention was 102%, down a point YoY, as seat/credit expansion was offset by net upgrade headwinds from customer budget optimization.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Research
our published analysis of this company
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.
Versus peers
Software - Application — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HUBS
this stock
Hubspot Inc
|
$10.66B | -48.9% | +38.6% | 75.8 | 6.4% |
|
QH
QUHUO Ltd
|
$350.35B | +242.6% | +59.7% | — | 0.0% |
|
SAP
Sap SE
|
$243.17B | -14.2% | — | — | 0.4% |
|
CRM
Salesforce, Inc.
|
$191.79B | -13.3% | +25.9% | 21.3 | 3.9% |
|
SHOP
Shopify Inc.
|
$183.03B | -7.9% | +30.1% | 95.5 | 1.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HUBS | -9.3% | -18.4% | 0.0% | -21.6% | -48.9% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -8.6% | -18.5% | -12.2% | -21.0% | -60.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.