Filing Flows › Hubbell (HUBB) › How it makes money
How Hubbell (HUBB) makes money
Hubbell (HUBB) made $1.9B of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Utility Solutions brought in $1.0B (55%); Electrical Solutions brought in $845M (45%). Of every dollar of revenue, 37¢ was left as gross profit, 22¢ was left as operating profit, 14¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Utility Solutions | $1.0B | 54.9% | +0.2% | +9% |
| Electrical Solutions | $845M | 45.1% | +23% | +51% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.9B | 100.0% |
| Cost of revenue | $1.2B | 63.2% |
| Gross profit | $688M | 36.8% |
| Operating expenses | $280M | 14.9% |
| Operating profit | $409M | 21.8% |
| Income tax | $80.7M | 4.3% |
| Net earnings | $262M | 14.0% |
| Operating cash flow | $323M | 17.2% |
| Free cash flow | $280M | 15.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.9B | +25% |
| Q2 2026 | $1.7B | +15% |
| Q1 2026 | $1.5B | +11% |
| Q4 2025 | $1.5B | +12% |
| Q3 2025 | $1.5B | +4% |
| Q2 2025 | $1.5B | +2% |
| Q1 2025 | $1.4B | -2% |
From Hubbell's 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Hubbell make money?
Hubbell (HUBB) made $1.9B of revenue in the third quarter 2026 (Q3 2026), +25% from a year earlier. Utility Solutions brought in $1.0B (55%); Electrical Solutions brought in $845M (45%). Of every dollar of revenue, 37¢ was left as gross profit, 22¢ was left as operating profit, 14¢ was left as net earnings.
What is Hubbell's biggest business?
Utility Solutions: $1.0B in the third quarter 2026, 55% of revenue, +9% from a year earlier.
What is Hubbell's profit margin?
Net earnings were $262M, 14.0% of revenue, in the third quarter 2026; the operating margin was 21.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.