Hubbell Inc. Posts Double-Digit Revenue Growth in First Quarter

Apr 30, 2026 11:43 UTC

HUBA

Short term

Hubbell Inc. reported a rise in Q1 profits and revenue, with net income climbing to $181.8 million. The company saw an 11.1% increase in total revenue compared to the previous year.

Revenue increased 11.1% to $1.516 billion
Net profit rose to $181.8 million from $163.2 million
GAAP EPS increased to $3.41 from $3.03
Adjusted earnings reached $209.9 million ($3.93 per share)

Hubbell Inc. (HUBA) has announced its financial results for the first quarter, reporting a significant increase in both top-line revenue and net income. The results indicate a period of expansion for the electrical products manufacturer, with growth seen across key profitability metrics. Revenue for the period rose 11.1% to $1.516 billion, up from $1.365 billion in the same period last year. This growth in sales contributed to a stronger bottom line, with net profit reaching $181.8 million, compared to $163.2 million in the prior year. On a per-share basis, GAAP earnings rose to $3.41, up from $3.03 last year. When excluding specific items, Hubbell reported adjusted earnings of $209.9 million, or $3.93 per share, further highlighting the company's operational performance. The steady climb in revenue and earnings suggests strong demand for Hubbell's product offerings. This performance positions the company favorably as it moves into the second quarter of the fiscal year.