Companies /Industrials
Hubbell Inc
NYSE: HUBB Electrical Equipment & Parts
$474.05
▼ $0.06 (−0.01%) today
Markets closed · 6:46pm ET

Hubbell (HUBB) Q2 2026 Earnings

Reported Jul 28, 2026, 8:02am ET · SEC source
$5.52
Beat +2.54%
EPS · est. $5.38
$1.7B
Beat +1.72%
Revenue · est. $1.7B
−6.9%
Trailing market
HUBB vs S&P since report
5 quarters
Consecutive EPS beats

How Did HUBB Stock React to Q2 2026 Earnings?

% change · around the report
−8%−4%0Jul 28Jul 29report 8:02am ETearnings−0.1%−8.8%
−8%−4%0Jul 28Jul 29earnings−0.1%−8.8%
HUBB −8.8%S&P 500 −0.1%
−8%−4%0Jul 28Jul 29report 8:02am ETearnings−0.2%−8.8%
−8%−4%0Jul 28Jul 29earnings−0.2%−8.8%
HUBB −8.8%NASDAQ −0.2%
−10%−5%0+5%Jul 27Aug 5report 8:02am ETearnings+5.0%+1.1%
−10%−5%0+5%Jul 27Aug 5earnings+5.0%+1.1%
HUBB +1.1%S&P 500 +5.0%
−10%−5%0+5%Jul 27Aug 5report 8:02am ETearnings+7.5%+1.1%
−10%−5%0+5%Jul 27Aug 5earnings+7.5%+1.1%
HUBB +1.1%NASDAQ +7.5%
−2.87%
Day of report
−4.69%
Next session
+3.84%
One week
−2.77%
30 days

S&P 500 over the same 30 days: +4.08%.

Did HUBB Beat Earnings? Q2 2026 Results

Yes. Hubbell reported Q2 2026 earnings of $5.52 a share on Jul 28, 2026, beating the $5.38 consensus estimate by 2.5%. Revenue was $1.7B against a $1.7B estimate.

Hubbell Incorporated delivered a clean beat across both top and bottom lines in the second quarter of 2026, extending its EPS consensus beat streak to four consecutive quarters as the electrical equipment maker capitalized on surging demand for grid modernization and datacenter infrastructure. Adjusted diluted EPS came in at $5.52, clearing the $5.38 consensus estimate by 2.54%, while revenue of $1.71 billion topped expectations by 1.72% and rose 15.3% year over year, fueled by a combination of 10% organic growth and a 5% contribution from acquisitions. The single most consequential development in the quarter was the completed acquisition of NSI Industries for approximately $3.00 billion, a deal that meaningfully expanded Hubbell's electrical components portfolio but also pushed total debt to $5.37 billion and pressured GAAP earnings with elevated amortization and integration costs. Investors had been closely watching whether volume, rather than pricing alone, was driving organic momentum, and the 18% organic growth in the Electrical Solutions segment offered a credible answer. Looking ahead, management raised its full-year 2026 adjusted EPS guidance to a range of $20.25 to $20.55, projecting total sales growth of 16% to 18%.

Key Takeaways
  • Grid modernization megatrend driving utility demand
  • Electrical load growth across utility and electrical markets
  • Datacenter investment driving organic growth
  • 10% organic net sales growth in Q2 2026
  • Price and productivity actions offsetting cost inflation
  • Acquisitions contributed 5% to net sales growth
  • Grid Infrastructure net sales increased approximately 12%
  • Electrical Solutions organic net sales increased 18%

“Hubbell delivered strong performance in the second quarter, with double digit growth in sales, adjusted operating profit and adjusted earnings per share”

Hubbell CEO, on the earnings call

What Is Hubbell's Outlook?

For full year 2026, Hubbell anticipates total sales growth of 16-18% including organic sales growth of 9-11%. GAAP diluted EPS is expected in the range of $17.25 to $17.55, and adjusted diluted EPS is expected in the range of $20.25 to $20.55. Adjusted EPS excludes approximately $2.50 per share of amortization of acquisition-related intangible assets and approximately $0.50 per share of transaction, integration, and separation costs. The outlook is based on an adjusted tax rate of 22.0% to 22.5% and includes approximately $20 million of anticipated restructuring and related investment. Full year 2026 free cash flow conversion is expected at approximately 90% on adjusted net income.

HUBB YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$500.0M$1.0B$1.5B$1.5B$1.7BRevenue$552.1M$613.0MGross Profit$336.3M$348.6MOperating Income$244.2M$240.4MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income
HUBB income statement, Q2 2026 versus Q2 2025
Metric Q2 2026 Q2 2025 Year over year
Revenue $1.7B $1.5B +15.3%
Gross Profit $613.0M $552.1M +11.0%
Operating Income $348.6M $336.3M +3.7%
Net Income $240.4M $244.2M −1.6%

HUBB Revenue by Segment

Utility Solutions$1.0B+10.0%
Electrical Solutions$686.0M+25.0%

When Does Hubbell Report Next?

Expected report date

Figures from SEC filings and company reports. Not investment advice.