Hubbell (HUBB) Operating Expenses (2009 - 2026)
Hubbell's (HUBB) quarterly Operating Expenses came in at $241.5 million in Q1 2026, up 13.81% year-on-year from $212.2 million in Q1 2025, and up 13.06% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 13.81% year-over-year to $241.5 million in Q1 2026; TTM through Mar 2026 was $884.6 million, a 9.82% increase from a year earlier, with the FY2025 full-year figure at $855.3 million, up 5.27% from the prior year.
- Operating Expenses for Q1 2026 stood at $241.5 million, up from $213.6 million in the prior quarter.
- Over the last five years, Operating Expenses for HUBB reached as high as $241.5 million in Q1 2026 and fell as low as $180.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $207.1 million across 5 years, with a median of $208.4 million in 2023.
- Across the five-year window, Operating Expenses advanced 25.58% in 2022 and fell 16.52% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $194.8 million in 2022, then grew by 18.38% to $230.6 million in 2023, then decreased by 16.52% to $192.5 million in 2024, then increased by 10.96% to $213.6 million in 2025, then rose by 13.06% to $241.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 2.76 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 153.35 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 241.50 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 249.90 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 413.10 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 30.13 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 589.73 Mn |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn | 69.85 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 |