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| Date | Value |
|---|---|
| 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 |