Hubbell Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 adjusted diluted EPS $5.91, up 14% year over year
- ➤Q3 net sales rose 25%, with 11% organic growth and 13% M&A
- ➤Electrical Solutions sales increased 51%, including 22% organic growth and 29% acquisitions
- ➤FY 2026 adjusted EPS outlook raised to $20.40-$20.60
- ➤FY 2026 total sales growth expected at 18%-19%, including 10%-11% organic growth
Expert Statements
Gerben Bakker, Chairman, President and CEO of Hubbell Incorporated
“Hubbell delivered strong financial performance in the third quarter, with double digit growth in organic sales, adjusted operating profit, adjusted earnings per share and free cash flow”
Gerben Bakker, Chairman, President and CEO of Hubbell Incorporated
“Third quarter results were highlighted by >20% organic growth in Electrical Solutions, led by strong datacenter markets and bolstered by content gains and capacity expansion investments. NSI results were strong in the quarter, and performance and integration efforts are trending ahead of our initial expectations. Utility Solutions delivered solid organic growth in the quarter, led by distribution, transmission and substation markets. Orders and end market demand remained strong, driving continued backlog build in the quarter, and we remain focused on proactively investing in capacity expansion to serve our customers in high growth areas.”
Gerben Bakker, Chairman, President and CEO of Hubbell Incorporated
“We are raising our full year 2026 outlook, primarily driven by stronger anticipated Electrical Solutions growth.”
HUBBELL REPORTS THIRD QUARTER 2026 RESULTS * Q3 diluted EPS of $4.94; adjusted diluted EPS of $5.91 (up 14% y/y) * Q3 net sales +25% (organic +11%; M&A +13%) * Q3 operating margin of 21.8%; adjusted operating margin of 25.5% (up 160 bps y/y) * FY 2026 diluted EPS expected range of $17.30-$17.50; raising adj. diluted EPS to $20.40-$20.60 SHELTON, CT. (October 27, 2026) – Hubbell Incorporated (NYSE: HUBB) today reported operating results for the third quarter ended September 30, 2026.
“Hubbell delivered strong financial performance in the third quarter, with double digit growth in organic sales, adjusted operating profit, adjusted earnings per share and free cash flow” said Gerben Bakker, Chairman, President and CEO.
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