Hubbell (HUBB) Gross Margin (2009 - 2026)
Hubbell (HUBB) posted quarterly Gross Margin of 35.81% for Q2 2026, down 139.0% year-over-year from 91.82% in Q2 2025, and up 7.49% quarter-over-quarter from 33.32% in Q1 2026.
Hubbell (HUBB) Gross Margin (2009 - 2026) Analysis & Trends
Hubbell (HUBB) has reported Gross Margin for 18 consecutive years, with 35.81% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 139.0% year-over-year to 35.81%; the TTM figure through Jun 2026 stood at 35.15% (up 44.0% YoY), while the FY2025 annual figure was 35.32%, up 146.0% from the prior year.
- Gross Margin grew to 35.81% in Q2 2026 per HUBB's latest filing, from 33.32% in the prior quarter.
- Across five years, Gross Margin topped out at 37.2% in Q2 2025 and bottomed at 27.95% in Q1 2022.
- Historically, Gross Margin has averaged 33.56% across 5 years, with a median of 34.38% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin soared 693 bps — and 2024, when it plunged 388 bps.
- Hubbell's Gross Margin stood at 30.08% in 2022, then increased by 10 bps to 33.07% in 2023, then rose by 2 bps to 33.89% in 2024, then grew by 4 bps to 35.18% in 2025, then increased by 2 bps to 35.81% in 2026.
- Business Quant data shows HUBB's Gross Margin at 35.81% in Q2 2026, 33.32% in Q1 2026, and 35.18% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 33.38% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 37.93% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 35.81% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 33.49% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 48.70% |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | 22.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.81% |
| Mar 31, 2026 | 33.32% |
| Dec 31, 2025 | 35.18% |
| Sep 30, 2025 | 36.23% |
| Jun 30, 2025 | 37.20% |
| Mar 31, 2025 | 32.42% |
| Dec 31, 2024 | 33.89% |
| Sep 30, 2024 | 35.08% |
| Jun 30, 2024 | 35.37% |
| Mar 31, 2024 | 30.99% |
| Dec 31, 2023 | 33.07% |
| Sep 30, 2023 | 35.43% |
| Jun 30, 2023 | 36.33% |
| Mar 31, 2023 | 34.88% |
| Dec 31, 2022 | 30.08% |
| Sep 30, 2022 | 30.28% |
| Jun 30, 2022 | 30.51% |
| Mar 31, 2022 | 27.95% |
| Dec 31, 2021 | 26.35% |
| Sep 30, 2021 | 27.79% |