Hubbell (HUBB) Operating Expenses (2009 - 2026)

Hubbell (HUBB) reported Operating Expenses of $241.5 million for Q1 2026, up 13.81% year-over-year from $212.2 million in Q1 2025, and up 13.06% quarter-over-quarter from $213.6 million in Q4 2025.

Hubbell (HUBB) Operating Expenses (2009 - 2026) Analysis & Trends

Hubbell (HUBB) has 18 years of Operating Expenses data on file, last reported at $241.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $241.5 million, up 13.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $884.6 million (up 9.82% YoY), and the FY2025 annual result was $855.3 million, up 5.27% from the prior year.
  • Operating Expenses rose to $241.5 million in Q1 2026 per HUBB's latest filing, from $213.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $241.5 million in Q1 2026 and troughed at $180.2 million in Q1 2022.
  • A 5-year average of $207.1 million and a median of $208.4 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses grew 25.58% in 2022, then decreased 16.52% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $194.8 million in 2022, then gained by 18.38% to $230.6 million in 2023, then declined by 16.52% to $192.5 million in 2024, then advanced by 10.96% to $213.6 million in 2025, then climbed by 13.06% to $241.5 million in 2026.
  • Business Quant data shows HUBB's Operating Expenses at $241.5 million in Q1 2026, $213.6 million in Q4 2025, and $213.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 153.35 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 249.90 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 241.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 132.60 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 30.13 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.90 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 387.40 Mn
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 19.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 241.50 Mn
Dec 31, 2025 213.60 Mn
Sep 30, 2025 213.70 Mn
Jun 30, 2025 215.80 Mn
Mar 31, 2025 212.20 Mn
Dec 31, 2024 192.50 Mn
Sep 30, 2024 193.30 Mn
Jun 30, 2024 207.50 Mn
Mar 31, 2024 219.20 Mn
Dec 31, 2023 230.60 Mn
Sep 30, 2023 211.10 Mn
Jun 30, 2023 208.40 Mn
Mar 31, 2023 199.50 Mn
Dec 31, 2022 194.80 Mn
Sep 30, 2022 194.90 Mn
Jun 30, 2022 192.60 Mn
Mar 31, 2022 180.20 Mn
Dec 31, 2021 155.60 Mn
Sep 30, 2021 155.20 Mn
Jun 30, 2021 156.10 Mn