Hubbell Q2 2026: sales up 15.3%, adjusted EPS $5.52, outlook raised
Hubbell's second quarter was a solid operating beat wrapped in heavier financing: sales rose 15.3% to $1.71 billion, and adjusted EPS of $5.52 edged past the $5.4857 consensus while GAAP EPS slipped to $4.52. Read it as core demand plus a $3.0 billion acquisition that tripled interest expense; the utility and electrical franchises are still compounding organically.
1 · Expected vs. Actual
Free preview belowAdjusted diluted EPS of $5.52 rose 12.0% and came in just above the $5.4857 consensus, helped by price and productivity. GAAP diluted EPS of $4.52 was down 1.0% because $0.56 of intangible amortization and $0.44 of transaction and integration costs sat in the quarter. Net income attributable to Hubbell fell 2.0% to $240.4 million.
Revenue rose 15.3% to $1.71 billion from $1.48 billion, split into 10.2% organic growth, 4.8% from acquisitions and 0.3% from currency. Both segments grew on their own: Utility Solutions net sales rose 10.0% to $1.03 billion and Electrical Solutions rose 25.1% to $686 million. The catch is cost: cost of revenue climbed to $1.10 billion, so gross margin fell to 35.8% from 37.2%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-18
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