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
DateValue
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%