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Q1 26 EPS
$3.93
Q1 26 Revenue
$1.52B
vs S&P Since Q1 26
+2,156.9%
BEATING MARKET
HUBB +2,158.7% vs S&P +1.8%
Market Reaction
Did HUBB Beat Earnings? Q1 2026 Results
Hubbell Incorporated posted a strong first quarter of 2026, reporting adjusted diluted EPS of $3.93, up 16% year-over-year, as net sales climbed 11% to $1.52 billion on a combination of robust organic momentum, acquisition contributions, and favorabl… Read more Hubbell Incorporated posted a strong first quarter of 2026, reporting adjusted diluted EPS of $3.93, up 16% year-over-year, as net sales climbed 11% to $1.52 billion on a combination of robust organic momentum, acquisition contributions, and favorable foreign exchange. The standout driver behind the quarter's performance was Grid Infrastructure, where net sales surged approximately 18%, fueled by load growth spurring transmission and substation investment alongside aging infrastructure resiliency spending, helping the Utility Solutions segment reach $948.90 million in revenue with adjusted operating margin expanding 190 basis points to 21.8%. Electrical Solutions also delivered, generating $567.80 million in net sales with 11% organic growth, though margin contracted modestly under pressure from tariffs, raw material costs, and restructuring investment. Free cash flow improved to $46.00 million from $11.40 million a year ago, reflecting stronger operational execution. Looking ahead, Hubbell raised its full-year 2026 outlook, guiding for adjusted diluted EPS of $19.30 to $19.85 and total sales growth of 8-11%, signaling continued confidence despite a complex tariff environment.
Key Takeaways
- • Grid Infrastructure net sales increased approximately 18% driven by load growth in transmission and substation markets and aging infrastructure resiliency investment in distribution markets
- • Electrical Solutions organic growth of 11% driven by strong datacenter and light industrial markets
- • Volume growth in high margin businesses and effective management of price and productivity
- • Acquisitions contributed 2.3% to total net sales growth
- • Favorable foreign currency exchange added 0.6% to net sales growth
HUBB Forward Guidance & Outlook
Hubbell raised its full-year 2026 guidance, now expecting total sales growth of 8-11% including organic sales growth of 6-9%. GAAP diluted EPS is expected in the range of $17.45 to $18.00, and adjusted diluted EPS in the range of $19.30 to $19.85. Adjusted EPS excludes approximately $1.70 per share of acquisition-related intangible asset amortization and approximately $0.15 per share of transaction, integration, and separation costs. The outlook is based on an adjusted tax rate of approximately 22.5% and includes $15-20 million of anticipated restructuring and related investment. The company continues to expect full-year free cash flow conversion of 90% or greater on adjusted net income.
HUBB YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
HUBB Revenue by Segment
With YoY comparisons, source: SEC Filings
“Hubbell delivered strong performance in the first quarter, with double digit growth in sales, operating profit and earnings per share”
— Gerben Bakker, Q1 2026 Earnings Press Release
HUBB Earnings Trends
HUBB vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
HUBB EPS Trend
Earnings per share: estimate vs actual
HUBB Revenue Trend
Quarterly revenue: estimate vs actual
HUBB Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $3.93 | — | $1.52B | — |
| Q4 25 BEAT FY | $4.72 | $4.73 | +0.18% | $1.49B | +0.30% |
| FY Full Year | $18.20 | $18.21 | +0.06% | $5.84B | +0.08% |
| Q3 25 BEAT | $4.98 | $5.17 | +3.91% | $1.50B | -2.00% |
| Q2 25 BEAT | $4.40 | $4.93 | +12.13% | $1.48B | -1.52% |
| Q1 25 MISS | $3.72 | $3.50 | -6.01% | $1.37B | -2.05% |