HubSpot Lost 70% of Its Search Traffic and Still Gets Picked First by AI

A 21-section teardown of how HubSpot kept its place in AI answers after its blog lost 97% of its search traffic, and the plays behind it you can copy.

Figma board
8 growth plays
21 sections
Published 4 November 2026

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What the deep dive covers

Slate pulled apart how HubSpot handled the fall of its blog traffic, from the product pages AI quotes to the media brands it bought, then checked how all of it shows up in AI search. Here's what came out of it.

3 of 3
AI engines that name HubSpot first for the best small business CRM
-97%
blog.hubspot.com organic visits, Feb 2024 to Oct 2026
34%
HubSpot's share of US AI mentions in CRM answers
306K
Paying customers in June 2026, up 14% in a year
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How HubSpot Lost Its Traffic

Ahrefs data on how hubspot.com fell from 10.9M to 3.2M visits a month, and why revenue kept growing.
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What AI Really Cites

Product, pricing and course pages. The CRM page is cited in 290 AI answers, the blog in far fewer.
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The Lists That Dropped It

Forbes Advisor and PCMag left HubSpot off their 2026 picks. AI picked it first anyway.
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Buying the Audience

The Hustle, My First Million and Starter Story: media HubSpot owns, and why it matters for AI answers.
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Where HubSpot Is Exposed

AI doesn't credit HubSpot for "inbound", and barely recommends its new AEO tool.
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Eight Plays to Copy

Each play ends with the move to steal and how to run it in Slate.

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Frequently Asked Questions

What is the HubSpot teardown?

It's a 21-section Figma board on how HubSpot kept its place in AI answers after its blog lost 97% of its search traffic. It walks through the plays behind that and how each one shows up in AI search.

What does the teardown cover?

HubSpot's traffic history, the pages and sites AI cites when it talks about HubSpot, the best-of lists that dropped it, the media brands it bought, its founders on LinkedIn, its new AEO tool, and the gaps a challenger could use. It's organized into 8 plays, and each ends with the move to copy.

Who is it for?

Growth, SEO, Content and GTM leaders at B2B companies who want to see what a category leader did when search traffic fell, and which of those moves could work for their own brand.

Where does the data come from?

Traffic, keyword and AI citation figures come from Ahrefs Site Explorer and Brand Radar. Slate ran live AI answers on ChatGPT, Perplexity and Google AI Overviews. Company facts come from HubSpot's filings, announcements and interviews.

When was the data collected?

October and November 2026. The traffic, customer and AI answer figures reflect HubSpot's position at that time.

Why a Figma board instead of a PDF?

The board holds more than 50 screenshots of HubSpot's pages, AI answers and posts, placed next to the analysis they support. You can zoom into any section and see the evidence for each point.