Hubbell (HUBB) Gross Margin (2009 - 2026)
Hubbell (HUBB) reported Gross Margin of 33.32% for Q1 2026, up 90.0% year-over-year from 17.53% in Q1 2025, and down 5.29% quarter-over-quarter from 35.18% in Q4 2025.
Hubbell (HUBB) Gross Margin (2009 - 2026) Analysis & Trends
Hubbell (HUBB) has 18 years of Gross Margin data on file, last reported at 33.32% in Q1 2026.
- Gross Margin for Q1 2026 came in at 33.32%, up 90.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.47% (up 125.0% YoY), and the FY2025 annual result was 35.32%, up 146.0% from the prior year.
- Gross Margin retreated to 33.32% in Q1 2026 per HUBB's latest filing, from 35.18% in the prior quarter.
- Over five years, Gross Margin peaked at 37.2% in Q2 2025 and troughed at 27.95% in Q1 2022.
- A 5-year average of 33.42% and a median of 33.89% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 693 bps in 2023, then plunged 388 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 30.08% in 2022, then grew by 10 bps to 33.07% in 2023, then increased by 2 bps to 33.89% in 2024, then climbed by 4 bps to 35.18% in 2025, then fell by 5 bps to 33.32% in 2026.
- Business Quant data shows HUBB's Gross Margin at 33.32% in Q1 2026, 35.18% in Q4 2025, and 36.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 30.03% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 35.88% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 33.32% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 39.32% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 29.65% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 16.77% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 49.29% |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 29.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 28.29% |