10-Q quarterly report · filed Nov 7, 2018

Hubspot Inc (HUBS) Q3 2018 10-Q Quarterly Report

Short answer

Hubspot Inc (HUBS) filed its Q3 2018 10-Q quarterly report on Nov 7, 2018 for the quarter ended Sep 30, 2018.

Hubspot Inc Q3 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $131.826M, up $34.100M YoY, driven by subscription revenue of $125.478M
  • Gross margin 80.5% vs 80.6% YoY, with subscription revenue 95% of total revenue
  • Best-performing line, subscriptions: $125.478M, up $32.314M YoY; professional services $6.348M, up 39%
  • Cash and equivalents $96.122M, operating cash flow $51.740M, investing outflow $51.702M
  • Near-term outlook: continued investment, expected losses, no profitability expected in the near term

Risk Factors

  • Newly triggered convertible-note risk: 2022 Notes became convertible in Q4 2018 after shares exceeded 130% of the conversion price for 20 trading days
  • Regulatory risk: GDPR became effective May 2018, increasing compliance obligations and potential penalties for privacy noncompliance
  • Competitive risk: Intensifying software competition could pressure subscription pricing, renewals and margins
  • Financial risk: $400.0 million of 0.25% convertible senior notes mature June 1, 2022
  • Currency risk: Greater exposure to Euro, British Pound Sterling, Australian Dollar, Singapore Dollar, Japanese Yen and Colombian Peso volatility

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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