Filing Flows › Hubbell (HUBB) › Q1 2026
Hubbell (HUBB) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Hubbell (HUBB) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +2% from the quarter before. Operating margin was 17.4%, net earnings $183M (12.1% of revenue).
Hubbell, Q1 2026: revenue $1.5B (+11% year over year), operating margin 17.4%, net earnings $183M, operating cash flow $86.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +2% | +11% |
| Gross profit | $505M | -4% | +14% |
| Operating profit | $264M | -15% | +14% |
| Net earnings | $183M | -19% | +11% |
| Operating cash flow | $86.6M | -81% | +132% |
| Free cash flow | $46.0M | -88% | +304% |
What changed
Revenue was $1.5B in Q1 2026, up 11% year over year and up 2% from the previous quarter. Utility Solutions was the largest line at 63% of revenue. Utility Solutions added $0.09B year over year (up 11%), 61% of the total change.
Gross margin was 33.3%, up 0.9 points from Q1 2025. Operating profit was $0.26B, a 17.4% margin (up 0.5 points year over year). Of the extra revenue versus Q1 2025, 22% reached operating profit, above the 17% margin then. Operating expenses grew 14% against revenue growth of 11%. Net earnings were $0.18B, up 11% year over year. The effective tax rate was 22.6%.
Operating cash flow was $0.09B (up 132% year over year), 47% of net earnings. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.17B. Capital expenditures of $0.04B left free cash flow of $0.05B.
Questions
What was Hubbell's revenue in the first quarter 2026?
Hubbell (HUBB) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), +11% from a year earlier and +2% from the quarter before.
Was Hubbell profitable in the first quarter 2026?
Operating profit was $264M (17.4% of revenue) and net earnings $183M.
Source: Hubbell 10-Q on SEC EDGAR.