Hubbell reported second quarter 2026 revenue of $1.71 billion, up 15% year-over-year, and adjusted EPS of $5.52, up 12%. These results surpassed analyst expectations and prompted the company to raise its full-year 2026 outlook.
Key Highlights
- Organic sales grew by 10%, driven by strong demand in utility and electrical markets, particularly from grid modernization and datacenter investments.
- The Electrical Solutions segment was a key outperformer with revenue increasing 25% (18% organically), while the Utility Solutions segment grew 10% (6% organically).
- Hubbell raised its full-year 2026 adjusted EPS guidance to a range of $20.25 to $20.55.