Hubbell (HUBB) Operating Expenses (2009 - 2026)
Hubbell (HUBB) posted quarterly Operating Expenses of $264.4 million for Q2 2026, up 22.52% year-over-year from $215.8 million in Q2 2025, and up 9.48% quarter-over-quarter from $241.5 million in Q1 2026.
Hubbell (HUBB) Operating Expenses (2009 - 2026) Analysis & Trends
Hubbell (HUBB) has reported Operating Expenses for 18 consecutive years, with $264.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 22.52% year-over-year to $264.4 million; the TTM figure through Jun 2026 stood at $933.2 million (up 14.67% YoY), while the FY2025 annual figure was $855.3 million, up 5.27% from the prior year.
- Operating Expenses climbed to $264.4 million in Q2 2026 per HUBB's latest filing, from $241.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $264.4 million in Q2 2026 and bottomed at $180.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $210.3 million across 5 years, with a median of $209.8 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses grew 25.58% — and 2024, when it decreased 16.52%.
- Hubbell's Operating Expenses stood at $194.8 million in 2022, then advanced by 18.38% to $230.6 million in 2023, then fell by 16.52% to $192.5 million in 2024, then climbed by 10.96% to $213.6 million in 2025, then climbed by 23.78% to $264.4 million in 2026.
- Business Quant data shows HUBB's Operating Expenses at $264.4 million in Q2 2026, $241.5 million in Q1 2026, and $213.6 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.31 Bn | 97.20 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 57.51 Bn | 54.84 Bn | 355.57 Mn | 173.34 Mn |
| 3 | Hubbell | 24.86 Bn | 24.46 Bn | 613.00 Mn | 264.40 Mn |
| 4 | nVent Electric | 24.80 Bn | 24.54 Bn | 558.00 Mn | 257.30 Mn |
| 5 | Advanced Energy Industries | 11.09 Bn | 9.67 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.35 Bn | 9.94 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.56 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Hayward Holdings | 3.19 Bn | 2.71 Bn | 155.05 Mn | 72.69 Mn |
| 10 | Plug Power | 3.18 Bn | 2.86 Bn | -1.68 Mn | 62.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 264.40 Mn |
| 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 |