--- title: "Hubbell Incorporated-B | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.712 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/294062836.md" datetime: "2026-07-28T12:04:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294062836.md) - [en](https://longbridge.com/en/news/294062836.md) - [zh-HK](https://longbridge.com/zh-HK/news/294062836.md) --- # Hubbell Incorporated-B | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.712 B Revenue: As of FY2026 Q2, the actual value is USD 1.712 B, beating the estimate of USD 1.683 B. EPS: As of FY2026 Q2, the actual value is USD 4.52, missing the estimate of USD 4.8391. EBIT: As of FY2026 Q2, the actual value is USD 348.6 M. #### Overall Financial Performance Hubbell Incorporated reported a 15% increase in net sales for the second quarter of 2026 compared to the prior year period, driven by 10% organic growth and 5% from acquisitions. The Q2 operating margin was 20.4%, with the adjusted operating margin at 23.9%, representing a 50 basis point decrease year-over-year. Net income attributable to Hubbell Incorporated for Q2 2026 was $240.4 million, a 2% decrease from $244.2 million in Q2 2025. For the six months ended June 30, 2026, net income attributable to Hubbell Incorporated increased by 4% to $422.2 million from $407.4 million in the prior year period. Adjusted net income for Q2 2026 rose by 11% to $293.7 million from $264.3 million in Q2 2025. Adjusted EBITDA increased by 8% to $416.2 million in Q2 2026 from $384.6 million in Q2 2025. #### Utility Solutions Segment Net sales for the Utility Solutions segment increased by 10% to $1,026 million in Q2 2026, up from $936 million in Q2 2025, with organic net sales growing approximately 6%. Grid Infrastructure net sales increased by approximately 12%, and Grid Automation net sales increased by approximately 1%. The segment’s operating income was $234 million, or 22.8% of net sales, in Q2 2026, compared to $218 million, or 23.3% of net sales, in Q2 2025. Adjusted operating income for the segment was $263 million, or 25.6% of net sales, in Q2 2026, compared to $239 million, or 25.5% of net sales, in Q2 2025. #### Electrical Solutions Segment Net sales for the Electrical Solutions segment increased by 25% to $686 million in Q2 2026, from $549 million in Q2 2025. Organic net sales grew 18%, with acquisitions contributing an additional 6.5%. The segment’s operating income in Q2 2026 was $115 million, or 16.7% of net sales, a decrease from $118 million, or 21.5% of net sales, in Q2 2025. Adjusted operating income was $146 million, or 21.2% of net sales, in Q2 2026, compared to $124 million, or 22.5% of net sales, in Q2 2025. #### Cash Flow Net cash provided by operating activities was $250 million in Q2 2026, slightly down from $261 million in Q2 2025. Free cash flow for Q2 2026 was $213 million, compared to $221 million in the comparable period of 2025. For the six months ended June 30, 2026, net cash provided by operating activities increased to $336.4 million from $298.0 million in the prior year period. Free cash flow for the six months ended June 30, 2026, was $258.8 million, up from $232.1 million in the same period of 2025. #### Acquisition During the second quarter, Hubbell Incorporated acquired NSI Electrical Buyer, Inc. for approximately $3.0 billion. This acquisition was financed using net proceeds from borrowings under a new unsecured term loan facility of $900 million, the issuance of $1.9 billion in senior notes, and commercial paper issuances. #### Balance Sheet (June 30, 2026 vs December 31, 2025) Total assets increased to $11,846.2 million at June 30, 2026, from $8,228.8 million at December 31, 2025. This increase includes goodwill rising to $4,354.1 million from $3,060.8 million and other intangible assets increasing to $3,189.9 million from $1,394.3 million. Total liabilities increased to $7,923.2 million from $4,370.9 million, primarily due to long-term debt increasing to $4,803.9 million from $2,036.3 million. Total Hubbell Shareholders’ Equity increased slightly to $3,911.9 million from $3,847.9 million. Net Debt to Total Capital was 52% at June 30, 2026, compared to 28% at December 31, 2025. #### Outlook / Guidance For the full year 2026, Hubbell Incorporated anticipates total sales growth of 16-18%, with organic sales growth projected at 9-11%. The company expects 2026 GAAP diluted earnings per share to be in the range of $17.25 to $17.55, and adjusted diluted earnings per share in the range of $20.25 to $20.55. 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