The song "I Hope You're Happy Now" by Carly Pearce explores the emotions and aftermath of a failed relationship. The lyrics depict the speaker's realization that they made a mistake by not expressing their love in time and uttering the words "I don't love you" when it was already too late. The phrase "and I don’t know why it's called a goodbye" reflects the confusion and regret surrounding the end of the relationship.

The speaker acknowledges that their actions have caused pain and hurt to their former partner. They encourage them to spread negative stories about the speaker, as it seems to be what the partner desires. The lines "Go run my name into the ground/Tell everyone you know just how/How I slammed the door on our forever" imply that the partner wants to tarnish the speaker's reputation. However, the speaker believes that ending the relationship was ultimately for the better, even if it may not be initially evident to their former partner.

Throughout the song, the speaker expresses their hope for their former partner's happiness. They want them to find what they were searching for, to heal their heart, and move on from the past relationship. Despite their own feelings of being a wreck and having nothing left, the speaker still wants their former partner to be happy. They hope that the partner has figured out their path forward and doesn't hold any resentment towards the speaker.

In the end, despite the anguish and heartbreak, the speaker sincerely desires their former partner's happiness. The repetition of the line "I hope you're happy now" emphasizes this sentiment as the main theme of the song. The lyrics showcase the speaker's acceptance of the situation and their sincere hope that their former partner finds the happiness they deserve.