capital · May 20, 2026
HubSpot Reports Q1 2026 Revenue of $881 Million, Beats Estimates by 2.1%
Share the canonical public link.
HubSpot reported Q1 2026 earnings on May 17, 2026, with revenue of $881 million beating analyst estimates of $862.8 million by 2.1% and growing 23.4% year-over-year. Adjusted EPS reached $2.72, surpassing the consensus estimate of $2.47 by 10.2%, while adjusted operating income hit $156.8 million with a 17.8% margin, up from prior-year levels. The company raised full-year 2026 revenue guidance to a midpoint of $3.70 billion and adjusted EPS to $13.08. CEO Yamini Rangan highlighted solid upmarket expansion, multi-hub adoption, platform consolidation, and AI monetization progress despite short-term sales enablement disruptions from pricing and packaging changes. HubSpot had 299,458 customers and $3.45 billion in ARR at quarter end, with large deals over $60K ARR growing 37% year-over-year.