10-Q quarterly report · filed May 7, 2019

Hubspot Inc (HUBS) Q1 2019 10-Q Quarterly Report

Short answer

Hubspot Inc (HUBS) filed its Q1 2019 10-Q quarterly report on May 7, 2019 for the quarter ended Mar 31, 2019.

Hubspot Inc Q1 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $151.8M, up $37.2M YoY, including subscription revenue $144.2M vs $108.6M
  • Gross margin 80.5% vs 80.5% YoY, operating margin (6)% vs (10)% YoY
  • Subscription revenue strongest product line, up $35.6M; professional services revenue up 27%
  • Cash and equivalents $285.1M vs $154.0M, operating cash flow $37.7M vs $26.7M
  • Common stock offering generated $342.7M; management expects near-term losses and continued investment in growth

Risk Factors

  • Newly heightened regulatory risk: CCPA effective January 1, 2020, potentially requiring modified data practices and substantial compliance costs
  • Most materially updated operational risk: Recent infrastructure outage disrupted platform use, despite no loss of pre-outage data
  • Regulatory compliance exposure: GDPR and EU data-transfer uncertainty could trigger investigations, fines, customer losses, or EU hosting costs
  • Near-term market risk: Intensifying competition may force lower subscription prices, reducing margins and operating results
  • Financial risk: $400.0 million 0.25% convertible notes mature June 1, 2022, with potential cash conversion or repurchase obligations

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

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