HubSpot Q2 revenue rises 20% to $637.2 million; GAAP net loss narrows
HubSpot reported second-quarter 2024 revenue of $637.2 million, up 20% from a year earlier, and a GAAP net loss of $14.4 million, or $0.28 per share, compared with a $111.8 million loss in Q2 2023. It also issued third-quarter and full-year 2024 guidance, including full-year revenue of $2.567 billion to $2.573 billion and non-GAAP net income per share of $7.64 to $7.70.
Key points
- Q2 2024 total revenue was $637.2 million, up 20% from Q2 2023; subscription revenue was $623.8 million.
- GAAP net loss was $14.4 million, or $0.28 per share, versus a $111.8 million loss, or $2.25 per share, in Q2 2023.
- Non-GAAP net income was $103.5 million, or $1.94 per diluted share, versus $71.8 million, or $1.38, a year earlier.
- Q3 2024 revenue is expected at $646.0 million to $647.0 million; full-year 2024 non-GAAP operating income is expected at $437.0 million to $441.0 million.
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 07, 2024.
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