HubSpot (HUBS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - HubSpot reported revenue of $703.17 million for the quarter ended December 2024, reflecting a year-over-year increase of 20.8$2.32, up from $1.76 in the same quarter last year, exceeding the consensus estimate of$2.19 by 5.94% [1] Financial Performance Metrics - Total customers reached 247,939, exceeding the five-analyst average estimate of 247,373 [4] - Average subscription revenue per customer was $11,312, compared to the average estimate of$10,845.89 [4] - Subscription revenues amounted to $687.32 million, surpassing the average estimate of$659.33 million, marking a 20.5% year-over-year increase [4] - Professional services and other revenues were reported at $15.86 million, exceeding the estimated$14.42 million and reflecting a 35.7% year-over-year increase [4] - Non-GAAP gross margin for subscription was $606.50 million, compared to the average estimate of$578.40 million [4] Stock Performance - HubSpot's shares have returned +11.5% over the past month, outperforming the Zacks S&P 500 composite's +4.3% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]