A fixed rule set over this filing's XBRL figures and the number of high-severity risks found in it — no model judgement.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
Hubbell Incorporated reported a 15.3% year-over-year net sales increase to $1,711.8 million in 2026-Q2, driven by 10.2% organic sales growth and the acquisition of NSI Industries, despite operating margin headwinds from material inflation and tariffs.
Filed · Source: SEC EDGAR 10-Q filing
Hubbell delivered 15.3% net sales growth in 2026-Q2 driven by robust data center demand and key acquisitions, while managing tariff and debt financing pressures.
Last 4 quarters: 2 beats, 2 misses
Reported EPS of $5.52 versus the $5.49 analyst consensus — a +0.6% beat for Jun 2026.
On June 9, 2026, Hubbell acquired NSI Industries for approximately $3.0 billion net of cash acquired to strengthen its position in electrical fittings, connectors, components, and wire management products.
Source: 10-Q Item 2 MD&A, p.38
Net sales increased 15.3% YoY in 2026-Q2 to $1,711.8 million, supported by 10.2% organic net sales growth. Organic sales in Electrical Solutions grew 18.3% led by data center and non-residential markets, while Utility Solutions organic sales rose 5.5%.
Source: 10-Q Item 2 MD&A, p.39
GAAP operating margin contracted by 230 basis points YoY to 20.4% in 2026-Q2 due to material cost inflation, tariff expense, and higher transaction and integration costs, partially offset by favorable pricing realization and operational productivity.
Source: 10-Q Item 2 MD&A, p.39
Hubbell filed for refunds following the U.S. Supreme Court ruling invalidating IEEPA tariffs and received ~$30 million post-quarter; these gain contingencies were not recognized in 2026-Q2 financial statements as of June 30, 2026.
Source: 10-Q Item 2 MD&A, p.39
Material costs represent approximately half of cost of goods sold. Fluctuations in commodity costs, persistent inflationary pressures, and foreign tariffs could significantly impact operating margins if price realization does not offset cost increases.
Source: 10-Q Item 2 MD&A, p.37
Higher outstanding debt incurred to fund the $3.0 billion NSI acquisition led to a $24.6 million increase in net interest expense during 2026-Q2, including $7.2 million in bridge financing costs, which could limit financial flexibility.
Source: 10-Q Item 2 MD&A, p.43
The integration of recent acquisitions such as NSI Industries and DMC Power involves substantial professional fees, operational restructurings, and management attention, which may cause volatile short-term expenses and execution risk.
Source: 10-Q Item 2 MD&A, p.40
This analysis does not extract a guidance section. Companies issue revenue and EPS outlook in the 8-K press release and on the earnings call rather than in the 10-Q itself — though the filing's management discussion can contain forward-looking statements, which appear in the highlights above where they were material.
See the HUBB earnings preview — expected date, analyst estimates and what to watch →
Hubbell generated net sales of $1,711.8 million in 2026-Q2, up 15.3% YoY. Net income attributable to Hubbell was $240.4 million with diluted EPS of $4.52, while adjusted diluted EPS grew 11.9% to $5.53.
Organic net sales grew 10.2% YoY in 2026-Q2, supported by strong volume and pricing gains. Growth was led by the Electrical Solutions segment, which achieved an 18.3% organic net sales expansion.
Completed on June 9, 2026 for ~$3.0 billion net of cash acquired, NSI Industries contributed to inorganic sales growth and added to segment capabilities, but also drove higher transaction costs and debt interest expenses.
Expected release date, analyst estimates & what to watch
Hubbell Incorporated delivered strong Q1 FY2026 results with revenue of $1.52B (+11.1% YoY) and diluted EPS of $3.41 (+12.5% YoY), driven by solid operating leverage and improved cash generation, though long-term debt nearly doubled following acquisition activity.
Hubbell Incorporated delivered strong FY2025 results with revenue growing 3.8% to $5.84B, net income surging 13.9% to $887.1M, and EPS reaching $16.54 diluted, driven by meaningful margin expansion across gross, operating, and net profit lines.
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