Filing Flows › Hubbell (HUBB) › Q2 2026 › vs Q1 2026
Hubbell (HUBB) Q2 2026 vs Q1 2026 (quarter over quarter)
Hubbell's revenue rose $195M (+13%) from $1.5B in Q1 2026 to $1.7B in Q2 2026. The biggest changes: Electrical Solutions +$118M (+21%); Utility Solutions +$76.9M (+8%). Gross margin 35.8% against 33.3% (+2.5 pts).
Hubbell, Q2 2026: revenue $1.7B (+15% year over year), operating margin 20.4%, net earnings $240M, operating cash flow $250M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 35.8% | 33.3% | +2.5 pts |
| Operating margin | 20.4% | 17.4% | +3.0 pts |
| Net margin | 14.0% | 12.0% | +2.1 pts |
| Free cash flow margin | 12.4% | 3.0% | +9.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Utility Solutions | $1.0B | $949M | $76.9M | +8% |
| Electrical Solutions | $686M | $568M | $118M | +21% |
| Revenue | $1.7B | $1.5B | $195M | +13% |
| Gross profit | $613M | $505M | $108M | +21% |
| Cost of revenue | $1.1B | $1.0B | $87.4M | +9% |
| Operating profit | $349M | $264M | $84.8M | +32% |
| Operating expenses | $264M | $242M | $22.9M | +9% |
| Pre-tax earnings | $304M | $236M | $67.3M | +28% |
| Other expense, net | $44.9M | $27.4M | $17.5M | +64% |
| Net earnings | $240M | $182M | $58.6M | +32% |
| Minority interests | $1.8M | $1.2M | $600K | +50% |
| Income tax | $61.5M | $53.4M | $8.1M | +15% |
| Depreciation & amortization | $67.6M | $60.2M | $7.4M | +12% |
| Share-based compensation | $7.5M | $14.4M | −$6.9M | -48% |
| Working capital & other | $65.7M | $170M | −$104M | -61% |
| Operating cash flow | $250M | $86.6M | $163M | +188% |
| Free cash flow (OCF − capex) | $213M | $46.0M | $167M | +363% |
| Capital expenditures | $37.0M | $40.6M | −$3.6M | -9% |
Questions
How much did Hubbell's revenue grow quarter over quarter in Q2 2026?
Hubbell's revenue rose $195M (+13%) from $1.5B in Q1 2026 to $1.7B in Q2 2026.
What drove Hubbell's revenue change in Q2 2026?
Electrical Solutions +$118M (+21%); Utility Solutions +$76.9M (+8%).