HubSpot sells one customer platform to 306,446 small and mid-sized businesses, and in 2025 โ its nineteenth year โ it finally made money, reporting a $7.4 million GAAP operating profit on $3.13 billion of revenue after nineteen straight years of losses. Eight months later, on 5 August 2026, its chief executive opened the earnings call by saying that April had started slowly and the quarter the company expected had not materialised. Net customer additions came in at 6,988 against a plan of 9,000 to 10,000, and management guided the next several quarters down to 5,000 to 6,000. This is a full institutional-grade equity research report on HubSpot, Inc. (NYSE: HUBS), built from the Forms 10-K and 10-Q, every quarterly press release and investor presentation through the second quarter of 2026, and the Analyst Day decks, into eight structured chapters and 72 rebuilt charts.
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