HubSpot reaffirms Q3 FY2026 and FY2026 non-GAAP guidance
HUBS•HubSpot reaffirmed its Q3 FY2026 and FY2026 non-GAAP guidance and authorized a plan to cut about 7% of its workforce, affecting nearly 660 employees. It estimates restructuring charges of $65 million to $75 million, with most expected in Q4 FY2026.
1. Workforce reduction
HubSpot’s SEC filing says the company plans to eliminate about 7% of its workforce, affecting nearly 660 employees. It expects role eliminations to be complete by the end of Q1 FY2027 and payments by June 30, 2027.
2. Restructuring charges
HubSpot estimates restructuring charges of $65 million to $75 million, with the majority expected in Q4 FY2026. The company reaffirmed its Q3 FY2026 and FY2026 non-GAAP guidance.
