Hubbell Q1 2026 Earnings Release and Financial Results

Hubbell Incorporated reported strong first quarter 2026 financial results with Q1 net sales of $1.52 billion, representing 11% year-over-year growth including 8.2% organic growth. The company achieved Q1 diluted EPS of $3.41 and adjusted diluted EPS of $3.93, up 16% year-over-year. Operating margin was 17.4% while adjusted operating margin improved to 19.8%, up 110 basis points. Both business segments showed growth: Utility Solutions segment net sales increased 11% to $949 million with 7% organic growth, and Electrical Solutions segment net sales increased 12% to $568 million with 11% organic growth. The company raised its full-year 2026 guidance, now expecting GAAP diluted EPS of $17.45-$18.00 and adjusted diluted EPS of $19.30-$19.85, representing total sales growth of 8-11% including organic growth of 6-9%. The company generated $87 million in operating cash flow and $46 million in free cash flow during the quarter.