Filing Flows › Hubbell (HUBB) › Q2 2026 › vs Q2 2025
Hubbell (HUBB) Q2 2026 vs Q2 2025 (year over year)
Hubbell's revenue rose $228M (+15%) from $1.5B in Q2 2025 to $1.7B in Q2 2026. The biggest changes: Electrical Solutions +$137M (+25%); Utility Solutions +$90.3M (+10%). Gross margin 35.8% against 37.2% (-1.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 35.8% | 37.2% | -1.4 pts |
| Operating margin | 20.4% | 22.7% | -2.3 pts |
| Net margin | 14.0% | 16.5% | -2.4 pts |
| Free cash flow margin | 12.4% | 14.9% | -2.4 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Utility Solutions | $1.0B | $936M | $90.3M | +10% |
| Electrical Solutions | $686M | $549M | $137M | +25% |
| Revenue | $1.7B | $1.5B | $228M | +15% |
| Gross profit | $613M | $552M | $60.9M | +11% |
| Cost of revenue | $1.1B | $932M | $167M | +18% |
| Operating profit | $349M | $336M | $12.3M | +4% |
| Operating expenses | $264M | $216M | $48.6M | +23% |
| Pre-tax earnings | $304M | $315M | −$11.5M | -4% |
| Other expense, net | $44.9M | $21.1M | $23.8M | +113% |
| Net earnings | $240M | $244M | −$3.8M | -2% |
| Minority interests | $1.8M | $1.3M | $500K | +38% |
| Income tax | $61.5M | $69.7M | −$8.2M | -12% |
| Depreciation & amortization | $67.6M | $48.3M | $19.3M | +40% |
| Share-based compensation | $7.5M | $6.3M | $1.2M | +19% |
| Working capital & other | $65.7M | $38.2M | $27.5M | +72% |
| Operating cash flow | $250M | $261M | −$10.8M | -4% |
| Free cash flow (OCF − capex) | $213M | $221M | −$7.9M | -4% |
| Capital expenditures | $37.0M | $39.9M | −$2.9M | -7% |
Questions
How much did Hubbell's revenue grow year over year in Q2 2026?
Hubbell's revenue rose $228M (+15%) from $1.5B in Q2 2025 to $1.7B in Q2 2026.
What drove Hubbell's revenue change in Q2 2026?
Electrical Solutions +$137M (+25%); Utility Solutions +$90.3M (+10%).