$HUBB · HUBBELL INC
Hubbell reported Q3 FY2026 results with net sales of $1.028B in Utility Solutions (+9% YoY) and $845M in Electrical Solutions (+51% YoY, including 22% organic). GAAP diluted EPS was $4.94; adjusted diluted EPS was $5.91, up 14% YoY. The company raised its full-year 2026 adjusted diluted EPS guidance to $20.40-$20.60, citing stronger anticipated Electrical Solutions growth.
- Q3 net sales of $1.028B in Utility Solutions, up 9% YoY with 5% organic growth
- Electrical Solutions organic sales surged 22% YoY, driven by >20% growth in datacenter markets
- Q3 adjusted operating margin expanded 160 bps YoY to 25.5%
- FY2026 adjusted diluted EPS guidance raised to $20.40-$20.60, up from prior outlook
- Free cash flow of $280M in Q3 vs $254M in prior-year period
Markets closed — no regular-session reaction yet; extended-hours move not captured here. Last regular-session price was $459.40, up 2.52% on the day pre-filing.
Double-digit organic growth in Electrical Solutions and a raised full-year profit outlook signal accelerating demand in high-voltage datacenter infrastructure.
Hubbell's >20% organic growth in Electrical Solutions datacenter markets aligns with the broader electrification and AI-infrastructure capex cycle benefiting peers like Vertiv and Eaton.
Trade tariff uncertainty, including potential changes in U.S. trade policies and IEEPA tariff refund timing, could pressure costs. Heavy industrial and residential end-market softness in Electrical Solutions remains a headwind.