Hubbell Incorporated (HUBB) Earnings: Q3 2026 Results
Last updated November 2026
Short answer
Hubbell Incorporated reported revenue of $1.9 billion for Q3 2026, up 25% from a year earlier (Hubbell Incorporated, Oct 27, 2026). Diluted EPS was $4.94, up 4% from $4.77. Utility Solutions brought in $1,028 million, up 9%. Every figure is from Hubbell Incorporated's release. Walnut is informational, not investment advice.
HUBB Q3 2026 results
In one sentence
Hubbell Incorporated reported revenue of $1.9 billion for Q3 2026, up 25% from a year earlier (Hubbell Incorporated, Oct 27, 2026).
| Measure | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1,873 million | $1,502 million | up 25% |
| Diluted EPS (GAAP) | $4.94 | $4.77 | up 4% |
| Diluted EPS (adjusted) | $5.91 | $5.17 | up 14% |
| Net income | $263 million | $256 million | up 3% |
The quarter ended September 30, 2026 and Hubbell Incorporated published the results on October 27, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Hubbell Incorporated reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- Hubbell acquired NSI Industries for $3.0 billion, net of cash acquired, on June 9, 2026 and added it to the Electrical Solutions segment. DMC Power and Nicor were acquired in the second half of 2025. Acquisitions added 13.2% to Q3 2026 net sales growth.
- Hubbell's adjusted EPS excludes amortization of acquisition-related intangible assets and transaction, integration and separation costs.
Source: Hubbell Q3 2026 results, October 27, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.
HUBB revenue by segment
How Hubbell Incorporated splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.
| Net sales by segment | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Utility Solutions | $1,028 million | $944 million | up 9% |
| Grid Infrastructure | $808 million | $715 million | up 13% |
| Grid Automation | $220 million | $229 million | down 4% |
| Electrical Solutions | $845 million | $559 million | up 51% |
| Electrical Products | $406 million | $234 million | up 74% |
| Industrial | $439 million | $325 million | up 35% |
- Hubbell Incorporated's Utility Solutions revenue was $1.0 billion in Q3 2026, up 9% from $944 million in Q3 2025, 55% of total revenue.
- Hubbell Incorporated's Electrical Solutions revenue was $845 million in Q3 2026, up 51% from $559 million in Q3 2025, 45% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
Hubbell Incorporated's outlook for full year 2026
From the earnings release
In its Q3 2026 release, Hubbell Incorporated said:
“For the full year 2026, Hubbell anticipates total sales growth of 18-19%, including organic sales growth of 10-11%.”
“Hubbell expects 2026 GAAP diluted earnings per share in the range of $17.30 to $17.50 and adjusted diluted earnings per share ("Adjusted EPS") in the range of $20.40 to $20.60.”
“The diluted earnings per share and Adjusted EPS ranges are based on an adjusted tax rate of 22.0% to 22.5% and include approximately $20 million of anticipated restructuring and related investment.”
“The Company expects full year 2026 free cash flow conversion of approximately 90% on adjusted net income.”
Source: Hubbell Q3 2026 release, Oct 27, 2026.
This is the company's own guidance as of Oct 27, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the HUBB forecast page.
HUBB recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Sep 30, 2026 | $1,873 million | $4.94 | Oct 27, 2026 |
Q2 2026 ended Jun 30, 2026 | $1,712 million | $4.52 | Jul 28, 2026 |
Q1 2026 ended Mar 31, 2026 | $1,517 million | $3.41 | Apr 30, 2026 |
Q4 2025 ended Dec 31, 2025 | $1,493 million | $4.19 | Feb 3, 2026 |
Q3 2025 ended Sep 30, 2025 | $1,502 million | $4.77 | Oct 28, 2025 |
GAAP net sales and diluted EPS, each as first reported in that quarter's release.
When does HUBB report earnings next?
We do not hold a confirmed date for Hubbell Incorporated's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.
Past Hubbell Incorporated quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 2026 (this page), reported Oct 27, 2026
What Hubbell Incorporated's revenue is made of
Hubbell Incorporated reported Q3 2026 net sales of $1,872.5 million, up 24.6% from $1,502.4 million. Organic net sales grew 11.3%, acquisitions added 13.2% and foreign exchange 0.1%. Utility Solutions contributed $1,027.8 million and Electrical Solutions $844.7 million. (Hubbell Q3 2026 release, Oct 27, 2026)
Electrical Solutions net sales rose 51.2%, with 22.0% organic growth and 29.1% from acquisitions, mainly NSI Industries, a maker of electrical fittings, connectors, components and wire management products bought for $3.0 billion on June 9, 2026. Hubbell said volume growth came primarily from the datacenter, light industrial and utility markets, with a high teen percentage increase from unit volume and a mid single digit percentage increase from price realization. (Hubbell Form 10-Q, Q3 2026, Oct 28, 2026)
Utility Solutions net sales grew 8.9%, of which 4.9% was organic. Grid Infrastructure, which includes transmission and distribution components such as arresters, insulators, connectors and switches, rose to $808.0 million from $714.8 million. Grid Automation, which includes smart meters and communications systems, fell to $219.8 million from $229.0 million, and Hubbell cited a temporary supply chain disruption in that business during the quarter. (Hubbell Form 10-Q, Q3 2026, Oct 28, 2026; Hubbell Form 10-K, 2025, Feb 12, 2026)
Hubbell's sales are mostly domestic. In Q3 2026 United States customers accounted for $987.8 million of Utility Solutions sales and $760.6 million of Electrical Solutions sales, against international sales of $40.0 million and $84.1 million. In 2025 Utility Solutions made up 63% of consolidated revenues, and Hubbell's top ten customers, which include electrical distributors, accounted for approximately 42% of net sales. (Hubbell Form 10-Q, Q3 2026, Oct 28, 2026; Hubbell Form 10-K, 2025, Feb 12, 2026)
What Hubbell Incorporated's EPS includes
Hubbell Incorporated's GAAP diluted EPS was $4.94 in Q3 2026, up from $4.77, and adjusted diluted EPS was $5.91, up 14% from $5.17. The adjusted figure excluded $0.89 of amortization of acquisition-related intangible assets and $0.08 of transaction, integration and separation costs. Amortization rose to $62.2 million from $24.7 million after the NSI Industries, DMC Power and Nicor acquisitions. (Hubbell Q3 2026 release, Oct 27, 2026)
Debt raised for those acquisitions weighed on GAAP results. Net interest expense rose to $58.0 million from $13.6 million, and total debt reached $5,120.2 million at September 30, 2026, against $2,325.4 million at the end of 2025. The effective tax rate rose to 23.4% from 17.5%, because the year-ago quarter included a one-time income tax benefit from international restructurings. (Hubbell Q3 2026 release, Oct 27, 2026; Hubbell Form 10-Q, Q3 2026, Oct 28, 2026)
Hubbell's diluted share count was 53.1 million, against 53.4 million a year earlier. It spent $203.5 million on share repurchases and $225.4 million on dividends in the first nine months of 2026. The quarter's cost of goods sold was reduced by approximately $31 million of IEEPA tariff refunds Hubbell received. (Hubbell Q3 2026 release, Oct 27, 2026; Hubbell Form 10-Q, Q3 2026, Oct 28, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at Hubbell Incorporated
Hubbell Incorporated gives a full-year outlook in its release, and raised it in Q3 2026, citing stronger anticipated Electrical Solutions growth. For 2026 it now expects total sales growth of 18-19%, including organic growth of 10-11%, GAAP diluted EPS of $17.30 to $17.50 and adjusted EPS of $20.40 to $20.60. (Hubbell Q3 2026 release, Oct 27, 2026)
The adjusted EPS range excludes about $2.50 a share of acquisition-related amortization and about $0.60 a share of transaction, integration and separation costs. Both ranges assume an adjusted tax rate of 22.0% to 22.5% and about $20 million of restructuring and related investment, and Hubbell expects free cash flow conversion of approximately 90% on adjusted net income. (Hubbell Q3 2026 release, Oct 27, 2026)
A consensus figure is the average of the models published by the analysts who cover Hubbell Incorporated, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at Hubbell Incorporated
The figures below are the ones Hubbell Incorporated's own release and filings put weight on for Q3 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Organic net sales growth | 11.3% Electrical Solutions 22.0%; Utility Solutions 4.9% Hubbell Q3 2026 release, Oct 27, 2026 |
| Adjusted operating margin | 25.5%, up 160 bps GAAP operating margin 21.8%, against 22.0% Hubbell Q3 2026 release, Oct 27, 2026 |
| Electrical Solutions adjusted operating margin | 24.8%, up 400 bps Utility Solutions 26.0%, up 30 bps Hubbell Q3 2026 release, Oct 27, 2026 |
| Free cash flow | $280.4 million Against $253.8 million a year earlier Hubbell Q3 2026 release, Oct 27, 2026 |
| Net debt to total capital | 51% 28% at December 31, 2025 Hubbell Q3 2026 release, Oct 27, 2026 |
| Top ten customers | Approximately 42% of net sales 2025 Hubbell Form 10-K, 2025, Feb 12, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning HUBB is on is HUBB a buy or a sell?, what analysts expect next is on the HUBB forecast, and what the company does is on the Hubbell Incorporated (HUBB) stock page.
How to check HUBB's figures yourself
Every number on this page can be traced to a document Hubbell Incorporated published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about Hubbell Incorporated
Ask Walnut's AI anything about HUBB and see how it fits what you own.
FAQ
What was Hubbell Incorporated's revenue last quarter?
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Hubbell Incorporated reported revenue of $1,873 million for Q3 2026, the quarter ended September 30, 2026, against $1,502 million in Q3 2025 (up 25%). The figures come from Hubbell Incorporated's results release of October 27, 2026.
What guidance did Hubbell Incorporated give for full year 2026?
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In its Q3 2026 release, Hubbell Incorporated said: "For the full year 2026, Hubbell anticipates total sales growth of 18-19%, including organic sales growth of 10-11%. Hubbell expects 2026 GAAP diluted earnings per share in the range of $17.30 to $17.50 and adjusted diluted earnings per share ("Adjusted EPS") in the range of $20.40 to $20.60. The diluted earnings per share and Adjusted EPS ranges are based on an adjusted tax rate of 22.0% to 22.5% and include approximately $20 million of anticipated restructuring and related investment. The Company expects full year 2026 free cash flow conversion of approximately 90% on adjusted net income." That is the company's own outlook as of Oct 27, 2026, and companies revise outlooks as the quarter goes on.
When does HUBB report earnings next?
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We do not hold a confirmed date for Hubbell Incorporated's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.
Where does Hubbell Incorporated's revenue come from?
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Hubbell Incorporated's Utility Solutions revenue was $1.0 billion in Q3 2026, up 9% from $944 million in Q3 2025, 55% of total revenue. Hubbell Incorporated's Electrical Solutions revenue was $845 million in Q3 2026, up 51% from $559 million in Q3 2025, 45% of total revenue. These are the lines of Hubbell Incorporated's own "net sales by segment" table for Q3 2026.
How much did Hubbell Incorporated's revenue grow last quarter?
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Up 25% on the year: $1,873 million in Q3 2026 against $1,502 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Hubbell Incorporated's business do not distort it.
What is the difference between Hubbell Incorporated's GAAP and adjusted EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. Hubbell Incorporated's adjusted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 2026 the two were $4.94 and $5.91. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Where do the HUBB numbers on this page come from?
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From Hubbell Incorporated's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from Hubbell Incorporated's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.