10-Q quarterly report · filed Aug 6, 2019

Hubspot Inc (HUBS) Q2 2019 10-Q Quarterly Report

Short answer

Hubspot Inc (HUBS) filed its Q2 2019 10-Q quarterly report on Aug 6, 2019 for the quarter ended Jun 30, 2019.

Hubspot Inc Q2 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $163.255M, up from $122.576M YoY, driven by subscription revenue $155.876M
  • Gross profit $132.113M vs $97.725M, gross margin figures not provided in filing text
  • Subscription revenue best-performing line, $155.876M vs $116.566M; professional services $7.379M vs $6.010M
  • Cash $238.080M vs $98.426M, operating cash flow $51.413M vs $40.223M
  • $342.6M stock-offering proceeds, near-term losses expected with continued investment and no near-term profitability expected

Risk Factors

  • Newly triggered convertible-note risk: $400.0 million 2022 Notes became convertible for the quarter ending September 30, 2019
  • Privacy compliance risk: California CCPA takes effect January 1, 2020, potentially requiring costly data-processing changes
  • Operational outage risk: Recent infrastructure failure disrupted customer platform access, despite no loss of prior data
  • Financial debt risk: Cash conversion or repurchase obligations on 0.25% 2022 Notes could strain liquidity
  • Currency risk: International expansion increases exposure to Euro, British Pound Sterling, Australian Dollar, Singapore Dollar, Japanese Yen and Colombian Peso fluctuations

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

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