Hubbell earnings rose in the third quarter of 2026 as sales increased 25% from a year earlier to $1.87 billion. The electrical and utility products manufacturer reported diluted earnings of $4.94 per share and adjusted diluted earnings of $5.91 per share.

Key Takeaways

  • Organic sales growth contributed 11%, while acquisitions added 13%.
  • Adjusted operating margin rose to 27.6% from 26.1% a year earlier.
  • Hubbell expects full-year 2026 sales growth of 18% to 19%.

Hubbell earnings and sales improve

Net sales reached $1,872.5 million, compared with $1,502.4 million in the third quarter of 2025. Both Electrical Solutions and Utility Solutions contributed to the growth.

Operating income increased to $408.7 million from $330.6 million. Adjusted operating income rose to $516.0 million from $392.1 million, with the adjusted margin improving by 1.5 percentage points. Adjusted diluted earnings per share increased 14% year over year.

Free cash flow was $280 million, up from $254 million in the prior-year quarter. Hubbell released the results on October 27, 2026.

Full-year sales outlook

Hubbell forecasts total sales growth of 18% to 19% for 2026. That is a full-year expectation, not a completed result.

Based in Shelton, Connecticut, Hubbell makes electrical components for construction and infrastructure products for electric utilities. Its businesses include the Burndy and Aclara brands.

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