← Filings of HUBB
Tables in the 10-Q of HUBBELL INC
58 tables with numbers, filed Jul 29, 2026. Each one downloads as an Excel file or a CSV (numbers are stored as numbers),
with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed.
Open the filing on sec.gov ↗
Table 1 after “(Exact name of registrant as specified in its charter)”
| Connecticut | 06-0397030 | |
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | |
| 40 Waterview Drive | | |
| Shelton, | CT | 06484 |
| (Address of principal executive offices) | (Zip Code) | |
| (475) | 882-4000 | |
| (Registrant’s telephone number, including area code) | | |
Table 2 after “Securities registered pursuant to Section 12(b) of the Act:”
| Indicate by check mark | | | | | | | |
| •whether the registrant (1) has filed all reports required to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. | Yes | ☑ | No | ☐ | | | |
| •whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). | Yes | ☑ | No | ☐ | | | |
| •whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act: | | | | | | | |
| Large accelerated filer | ☑ | Accelerated filer | ☐ | Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standard provided pursuant to Section 13(a) of the Exchange Act. ☐ | | | | | |
| •whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). | Yes | ☐ | No | ☑ | | | |
| Table of Contents | | |
| PART I | | 3 |
| ITEM 1 | Financial Statements (unaudited) | |
| Condensed Consolidated Statements of Income | 3 |
| Condensed Consolidated Statements of Comprehensive Income | 4 |
| Condensed Consolidated Balance Sheets | 5 |
| Condensed Consolidated Statements of Cash Flows | 6 |
| Notes to Condensed Consolidated Financial Statements | 7 |
First 8 of 17 rows. The download has all of them.
Table 4 after “Condensed Consolidated Statements of Income (unaudited)”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (in millions, except per share amounts) | 2026 | 2025 | 2026 | 2025 | | |
| Net sales | $1,711.8 | | $1,484.3 | | $3,228.5 | $2,849.5 |
| Cost of goods sold | 1,098.8 | | 932.2 | | 2,110.2 | 1,854.8 |
| Gross profit | 613.0 | | 552.1 | | 1,118.3 | 994.7 |
| Selling & administrative expenses | 264.4 | | 215.8 | | 505.9 | 428.0 |
| Operating income | 348.6 | | 336.3 | | 612.4 | 566.7 |
| Interest expense, net | (39.1) | | (14.5) | | (61.1) | (28.3) |
First 8 of 19 rows. The download has all of them.
Table 5 after “Condensed Consolidated Statements of Comprehensive Income (unaudited)”
| Three Months Ended June 30, | | |
| (in millions) | 2026 | 2025 | |
| Net income | $242.2 | | $245.5 |
| Other comprehensive income (loss): | | | |
| Foreign currency translation adjustments | 3.4 | | 31.0 |
| Defined benefit pension and post-retirement plans, net of taxes of $(0.5) and $(0.6) | 1.9 | | 2.1 |
| Unrealized gain on investments, net of taxes of $0.0 and $(0.1) | 0.1 | | 0.3 |
| Unrealized loss on cash flow hedges, net of taxes of $(0.2) and $0.4 | (0.4) | | (1.1) |
First 8 of 12 rows. The download has all of them.
Table 6 after “See notes to unaudited Condensed Consolidated Financial Statements.”
| Six Months Ended June 30, | | |
| (in millions) | 2026 | 2025 | |
| Net income | $425.2 | | $410.0 |
| Other comprehensive income (loss): | | | |
| Foreign currency translation adjustments | 2.3 | | 48.3 |
| Defined benefit pension and post-retirement plans, net of taxes of $(1.5) and $(1.3) | 3.3 | | 4.5 |
| Unrealized (loss) gain on investments, net of taxes of $0.1 and $(0.2) | (0.2) | | 0.5 |
| Unrealized gain (loss) on cash flow hedges, net of taxes of $(0.4) and $0.5 | 0.2 | | (1.5) |
First 8 of 13 rows. The download has all of them.
Table 7 after “Condensed Consolidated Balance Sheets (unaudited)”
| (in millions) | June 30, 2026 | December 31, 2025 | |
| ASSETS | | | |
| Current Assets | | | |
| Cash and cash equivalents | $378.6 | | $482.5 |
| Short-term investments | 16.1 | | 15.4 |
| Accounts receivable (net of allowances of $17.0 and $13.9) | 1,150.9 | | 856.9 |
| Inventories, net | 1,267.5 | | 1,083.8 |
| Other current assets | 197.2 | | 155.4 |
First 8 of 33 rows. The download has all of them.
Table 8 after “Condensed Consolidated Statements of Cash Flows (unaudited)”
| Six Months Ended June 30, | | |
| (in millions) | 2026 | 2025 | |
| Cash Flows from Operating Activities | | | |
| Net income | $425.2 | | $410.0 |
| Adjustments to reconcile net income to net cash provided by operating activities: | | | |
| Depreciation and amortization | 127.8 | | 95.2 |
| Deferred income taxes | (8.9) | | (18.4) |
| Stock-based compensation | 21.9 | | 20.7 |
First 8 of 41 rows. The download has all of them.
Table 9 after “Fair value estimates are based on a complex series of judgments about future events and uncertainties and rely heavily on estimates and assu”
| Accounts receivable | $162.2 |
| Inventories | 120.1 |
| Other current assets | 5.2 |
| Property, plant and equipment | 60.5 |
| Other non-current assets | 34.9 |
| Intangible assets | 1,856.0 |
| Accounts payable | (19.2) |
| Other accrued liabilities | (63.1) |
First 8 of 12 rows. The download has all of them.
Table 10 after “The purchase price allocation to identifiable intangible assets acquired for the 2026 acquisition is as follows (in millions, except useful ”
| Estimated Fair Value | Weighted Average Estimated Useful Life | |
| Patents, tradenames and trademarks | $65.0 | | 20 |
| Customer relationships | $1,780.0 | | 25 |
| Backlog | $11.0 | | 1 |
| Total | $1,856.0 | | |
Table 11 after “The following supplemental pro-forma information presents consolidated results as if the acquisition had been completed on January 1, 2025. ”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (in millions) | 2026 | 2025 | | 2026 | 2025 | |
| Transaction costs incurred in 2026 | $21.1 | | $— | | $21.1 | $(21.1) |
| Intangible amortization and inventory step up | $(5.4) | | $(15.5) | | $(15.8) | $(38.7) |
| Interest expense | $(20.5) | | $(27.7) | | $(48.2) | $(57.0) |
Table 12 after “The pro-forma results were calculated by combining the results of the Company with the stand-alone results of the acquisition for the pre-ac”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| (in millions) | 2026 | 2025 | | 2026 | 2025 | |
| Net sales | $1,821.8 | | $1,612.8 | | $3,475.1 | $3,091.3 |
| Net income attributable to Hubbell | $248.4 | | $225.3 | | $419.5 | $329.9 |
Table 13 after “Fair value estimates are based on a complex series of judgments about future events and uncertainties and rely heavily on estimates and assu”
| Accounts receivable | $32.1 |
| Inventories | 44.4 |
| Other current assets | 1.9 |
| Property, plant and equipment | 48.7 |
| Other non-current assets | 5.4 |
| Intangible assets | 417.1 |
| Accounts payable | (12.9) |
| Other accrued liabilities | (13.9) |
First 8 of 12 rows. The download has all of them.
Table 14 after “The following table presents disaggregated revenue by business group. In September 2025, we internally reorganized certain businesses within”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| in millions | 2026 | 2025 | 2026 | 2025 | | |
| Net sales | | | | | | |
| Grid Infrastructure | $785.5 | | $698.7 | | $1,512.6 | $1,316.4 |
| Grid Automation | 240.3 | | 236.8 | | 462.1 | 476.2 |
| Total Utility Solutions | $1,025.8 | | $935.5 | | $1,974.7 | $1,792.6 |
| Electrical Products | $275.6 | | $225.4 | | $507.8 | $431.1 |
| Industrial | 410.4 | | 323.4 | | 746.0 | 625.8 |
First 8 of 10 rows. The download has all of them.
Table 15 after “The following table presents disaggregated third-party Net sales by geographic location (the Company defines “international” as operations b”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| in millions | 2026 | 2025 | 2026 | 2025 | | |
| Net sales | | | | | | |
| United States | $989.4 | | $891.3 | | $1,900.2 | $1,709.4 |
| International | 36.4 | | 44.2 | | 74.5 | 83.2 |
| Total Utility Solutions | $1,025.8 | | $935.5 | | $1,974.7 | $1,792.6 |
| United States | $608.4 | | $478.5 | | $1,104.2 | $921.3 |
| International | 77.6 | | 70.3 | | 149.6 | 135.6 |
First 8 of 10 rows. The download has all of them.
Table 16 after “General corporate assets not allocated to segments are principally cash, prepaid pensions, investments and deferred taxes. These assets have”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| Net Sales: | | | | | | |
| Utility Solutions | $1,025.8 | | $935.5 | | $1,974.7 | $1,792.6 |
| Electrical Solutions | 686.0 | | 548.8 | | 1,253.8 | 1,056.9 |
| TOTAL NET SALES | $1,711.8 | | $1,484.3 | | $3,228.5 | $2,849.5 |
| Cost of Goods Sold: | | | | | | |
| Utility Solutions | $654.8 | | $597.6 | | $1,286.6 | $1,183.0 |
First 8 of 30 rows. The download has all of them.
Table 17 after “Back to Contents”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| Capital Expenditures: | | | | | | |
| Utility Solutions | $20.6 | | $24.6 | | $46.6 | $35.9 |
| Electrical Solutions | 16.4 | | 15.3 | | 31.0 | 30.0 |
| TOTAL CAPITAL EXPENDITURES | $37.0 | | $39.9 | | $77.6 | $65.9 |
| Depreciation and Amortization: | | | | | | |
| Utility Solutions | $44.1 | | $34.4 | | $90.0 | $68.2 |
First 8 of 10 rows. The download has all of them.
Table 18 after “Back to Contents”
| June 30, 2026 | December 31, 2025 | |
| Assets: | | | |
| Utility Solutions | $5,659.9 | | $5,603.8 |
| Electrical Solutions | 5,860.8 | | 2,238.8 |
| General Corporate | 325.5 | | 386.2 |
| TOTAL ASSETS | $11,846.2 | | $8,228.8 |
Table 19 after “Inventories, net consists of the following (in millions):”
| June 30, 2026 | December 31, 2025 | |
| Raw material | $474.4 | | $455.0 |
| Work-in-process | 264.8 | | 227.5 |
| Finished goods | 528.3 | | 401.3 |
| INVENTORIES, NET | $1,267.5 | | $1,083.8 |
Table 20 after “Changes in the carrying values of goodwill for the six months ended June 30, 2026, by segment, were as follows (in millions):”
| Segment | | | |
| Utility Solutions | Electrical Solutions | Total | |
| BALANCE AT DECEMBER 31, 2025 | $2,384.0 | | $676.8 | $3,060.8 |
| Prior year acquisitions(1) | 4.0 | | — | 4.0 |
| Current year acquisitions(1) | — | | 1,288.7 | 1,288.7 |
| Foreign currency translation | 1.5 | | (0.9) | 0.6 |
| BALANCE AT JUNE 30, 2026 | $2,389.5 | | $1,964.6 | $4,354.1 |
Table 21 after “The carrying value of other intangible assets included in Other intangible assets, net in the Condensed Consolidated Balance Sheets is as fo”
| June 30, 2026 | December 31, 2025 | | | | |
| Gross Amount | Accumulated Amortization | Gross Amount | Accumulated Amortization | | |
| Definite-lived: | | | | | | |
| Patents, tradenames and trademarks | $315.0 | | $(110.6) | | $250.0 | $(104.7) |
| Customer relationships | 3,424.3 | | (560.0) | | 1,633.6 | (517.6) |
| Developed technology and other | 277.9 | | (190.4) | | 278.6 | (179.4) |
| TOTAL DEFINITE-LIVED INTANGIBLES | $4,017.2 | | $(861.0) | | $2,162.2 | $(801.7) |
| Indefinite-lived: | | | | | | |
First 8 of 10 rows. The download has all of them.
Table 22 after “Other accrued liabilities consists of the following (in millions):”
| June 30, 2026 | December 31, 2025 | |
| Customer program incentives | $71.1 | | $73.5 |
| Accrued income taxes | 14.2 | | 27.5 |
| Contract liabilities - deferred revenue | 145.3 | | 161.3 |
| Customer refund liability | 21.0 | | 20.5 |
| Accrued warranties short-term(1) | 15.9 | | 15.2 |
| Current operating lease liabilities | 47.2 | | 40.7 |
| Other | 134.6 | | 112.0 |
First 8 of 9 rows. The download has all of them.
Table 23 after “Other non-current liabilities consists of the following (in millions):”
| June 30, 2026 | December 31, 2025 | |
| Pensions | $113.5 | | $117.4 |
| Other post-retirement benefits | 10.3 | | 10.3 |
| Accrued warranties long-term(1) | 17.6 | | 18.8 |
| Non-current operating lease liabilities | 136.8 | | 121.2 |
| Other | 154.6 | | 138.1 |
| TOTAL | $432.8 | | $405.8 |
Table 24 after “A summary of changes in total equity for the three and six months ended June 30, 2026 and the three and six months ended June 30, 2025 is pr”
| Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Total Hubbell Shareholders' Equity | Non- controlling interest | | | |
| BALANCE AT DECEMBER 31, 2025 | $0.6 | | $6.4 | | $4,155.7 | | $(314.8) | $3,847.9 | $10.0 |
| Net income | — | | — | | 181.8 | | — | 181.8 | 1.2 |
| Other comprehensive income | — | | — | | — | | 0.6 | 0.6 | — |
| Stock-based compensation | — | | 14.4 | | — | | — | 14.4 | — |
| Acquisition/surrender of common shares(1) | — | | (20.7) | | (179.8) | | — | (200.5) | — |
| Cash dividends declared ($1.42 per share) | — | | — | | (75.5) | | — | (75.5) | — |
| Dividends to noncontrolling interest | — | | — | | — | | — | — | (0.6) |
First 8 of 18 rows. The download has all of them.
Table 25 after “Back to Contents”
| Common Stock | Additional Paid-in Capital | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Total Hubbell Shareholders' Equity | Non- controlling interest | | | |
| BALANCE AT DECEMBER 31, 2024 | $0.6 | | $2.6 | | $3,779.5 | | $(386.5) | $3,396.2 | $14.4 |
| Net income | — | | — | | 163.2 | | — | 163.2 | 1.3 |
| Other comprehensive income | — | | — | | — | | 19.5 | 19.5 | — |
| Stock-based compensation | — | | 14.4 | | — | | — | 14.4 | — |
| Acquisition/surrender of common shares(1) | — | | (15.5) | | (122.7) | | — | (138.2) | — |
| Cash dividends declared ($1.32 per share) | — | | — | | (70.8) | | — | (70.8) | — |
| Dividends to noncontrolling interest | — | | — | | — | | — | — | (4.9) |
First 8 of 18 rows. The download has all of them.
Table 26 after “A summary of the changes in Accumulated other comprehensive loss (net of tax) for the six months ended June 30, 2026 is provided below (in m”
| (debit) credit | Cash flow hedge gain (loss) | Unrealized gain (loss) on available-for- sale securities | Pension and post retirement benefit plan adjustment | Cumulative translation adjustment | Total | | |
| BALANCE AT DECEMBER 31, 2025 | $(0.3) | | $0.4 | | $(169.8) | $(145.1) | $(314.8) |
| Other comprehensive income (loss) before reclassifications | 0.1 | | (0.2) | | — | 2.3 | 2.2 |
| Amounts reclassified from accumulated other comprehensive income (loss) | 0.1 | | — | | 3.3 | — | 3.4 |
| Current period other comprehensive income (loss) | 0.2 | | (0.2) | | 3.3 | 2.3 | 5.6 |
| BALANCE AT JUNE 30, 2026 | $(0.1) | | $0.2 | | $(166.5) | $(142.8) | $(309.2) |
Table 27 after “A summary of the gain (loss) reclassifications out of Accumulated other comprehensive loss for the three and six months ended June 30, 2026 ”
| Three Months Ended June 30, | | Six Months Ended June 30, | | | | | |
| Details about Accumulated Other Comprehensive Loss Components | 2026 | 2025 | | 2026 | 2025 | Location of Gain (Loss) Reclassified into Income | | |
| Cash flow hedges gain (loss): | | | | | | | | |
| Forward exchange contracts | $— | | $— | | | $— | $— | Net sales |
| — | | 0.2 | | | (0.1) | 0.7 | Cost of goods sold |
| — | | — | | | — | — | Other expense, net |
| — | | 0.2 | | | (0.1) | 0.7 | Total before tax |
| — | | (0.1) | | | — | (0.2) | Tax benefit (expense) |
First 8 of 16 rows. The download has all of them.
Table 28 after “The following table sets forth the computation of earnings per share for the three and six months ended June 30, 2026 and 2025 (in millions,”
| Three Months Ended June 30, | Six Months Ended June 30, | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| Numerator: | | | | | | |
| Net income attributable to Hubbell Incorporated | $240.4 | | $244.2 | | $422.2 | $407.4 |
| Less: Earnings allocated to participating securities | (0.3) | (0.4) | | (0.5) | (0.7) | |
| Net income available to common shareholders | $240.1 | | $243.8 | | $421.7 | $406.7 |
| Denominator: | | | | | | |
| Average number of common shares outstanding | 52.9 | | 53.2 | | 53.0 | 53.4 |
First 8 of 13 rows. The download has all of them.
Table 29 after “The following table sets forth the components of net pension and other benefit costs for the three and six months ended June 30, 2026 and 20”
| Pension Benefits | Other Benefits | | | | |
| 2026 | 2025 | 2026 | 2025 | | |
| Three Months Ended June 30, | | | | | | |
| Service cost | $0.1 | | $0.1 | | $— | $— |
| Interest cost | 8.4 | | 8.8 | | 0.2 | 0.2 |
| Expected return on plan assets | (7.5) | | (7.1) | | — | — |
| Amortization of prior service cost | 0.1 | | 0.1 | | — | — |
| Amortization of actuarial losses (gains) | 2.5 | | 2.8 | | (0.2) | (0.2) |
First 8 of 16 rows. The download has all of them.
Table 30 after “Changes in the accrual for product warranties during the six months ended June 30, 2026 and 2025 are set forth below (in millions):”
| 2026 | 2025 | |
| BALANCE AT JANUARY 1, (a) | $34.0 | | $41.7 |
| Provision | 5.9 | | 6.4 |
| Expenditures/payments/other | (6.4) | | (6.9) |
| BALANCE AT JUNE 30, (a) | $33.5 | | $41.2 |
Table 31 after “The following table shows, by level within the fair value hierarchy, our financial assets and liabilities that are accounted for at fair val”
| Asset (Liability) | Quoted Prices inActive Markets for Identical Assets(Level 1) | Quoted Prices in Active Markets for Similar Assets (Level 2) | Unobservable inputs for which little or no market data exists (Level 3) | Total | | |
| June 30, 2026 | | | | | | |
| Money market funds(a) | $81.4 | | $— | | $— | $81.4 |
| Time deposits(b) | — | | 2.8 | | — | 2.8 |
| Available for sale investments | — | | 82.1 | | — | 82.1 |
| Trading securities | 34.9 | | — | | — | 34.9 |
| Deferred compensation plan liabilities | (34.9) | | — | | — | (34.9) |
| Derivatives: | | | | | | |
First 8 of 21 rows. The download has all of them.
Table 32 after “Pre-tax restructuring costs incurred in each of our reporting segments and the location of the costs in the Condensed Consolidated Statement”
| Three Months Ended June 30, | | | | | | | | |
| 2026 | 2025 | 2026 | 2025 | 2026 | 2025 | | | |
| Cost of goods sold | Selling & administrative expense | Total | | | | | | |
| Utility Solutions | $— | | $2.2 | | $— | | $— | $— | $2.2 |
| Electrical Solutions | 1.5 | | 0.6 | | — | | — | 1.5 | 0.6 |
| Total Pre-Tax Restructuring Costs | $1.5 | | $2.8 | | $— | | $— | $1.5 | $2.8 |
Table 33 after “Pre-tax restructuring costs incurred in each of our reporting segments and the location of the costs in the Condensed Consolidated Statement”
| Six Months Ended June 30, | | | | | | | | |
| 2026 | 2025 | 2026 | 2025 | 2026 | 2025 | | | |
| Cost of goods sold | Selling & administrative expense | Total | | | | | | |
| Utility Solutions | $0.3 | | $3.4 | | $— | | $0.1 | $0.3 | $3.5 |
| Electrical Solutions | 5.8 | | 1.0 | | 0.7 | | — | 6.5 | 1.0 |
| Total Pre-Tax Restructuring Costs | $6.1 | | $4.4 | | $0.7 | | $0.1 | $6.8 | $4.5 |
Table 34 after “The following table summarizes the accrued liabilities for our restructuring actions (in millions):”
| Beginning Accrued Restructuring Balance 1/1/26 | Pre-tax Restructuring Costs | Utilization and Foreign Exchange | Ending Accrued Restructuring Balance 6/30/26 | | |
| 2026 Restructuring Actions | | | | | | |
| Severance | $— | | $3.8 | | $(0.6) | $3.2 |
| Asset write-downs | — | | — | | — | — |
| Facility closure and other costs | — | | 0.8 | | (0.8) | — |
| Total 2026 Restructuring Actions | $— | | $4.6 | | $(1.4) | $3.2 |
| 2025 and Prior Restructuring Actions | | | | | | |
| Severance | $4.2 | | $(0.2) | | $(3.1) | $0.9 |
First 8 of 12 rows. The download has all of them.
Table 35 after “The actual costs incurred and total expected cost in each of our reporting segments of our on-going restructuring actions are as follows (in”
| Total expected costs | Costs incurred during 2025 | Costs incurred in the first six months of 2026 | Remaining costs at 6/30/2026 | | |
| 2026 Restructuring Actions | | | | | | |
| Utility Solutions | $0.3 | | $— | | $— | $0.3 |
| Electrical Solutions | 9.3 | | — | | 4.6 | 4.7 |
| Total 2026 Restructuring Actions | $9.6 | | $— | | $4.6 | $5.0 |
| 2025 and Prior Restructuring Actions | | | | | | |
| Utility Solutions | $6.4 | | $6.1 | | $0.3 | $— |
| Electrical Solutions | 8.1 | | 5.9 | | 1.9 | 0.3 |
First 8 of 10 rows. The download has all of them.
Table 36 after “Long-term debt consists of the following (in millions):”
| Maturity | June 30, 2026 | December 31, 2025 | |
| Senior notes at 3.15% | 2027 | $299.4 | | $299.1 |
| Senior notes at 3.50% | 2028 | 448.8 | | 448.5 |
| Senior notes at 2.300% | 2031 | 297.9 | | 297.7 |
| Senior notes at 4.650% | 2031 | 492.5 | | — |
| Senior notes at 4.900% | 2033 | 688.9 | | — |
| Senior notes at 4.800% | 2035 | 392.6 | | 392.1 |
| Senior notes at 5.150% | 2036 | 687.6 | | — |
First 8 of 11 rows. The download has all of them.
Table 37 after “The following table summarizes the weighted-average assumptions used in estimating the fair value of the SARs granted during February 2026:”
| Grant Date | Expected Dividend Yield | Expected Volatility | Risk Free Interest Rate | Expected Term | Weighted Avg. Grant Date Fair Value of 1 SAR |
| February 2026 | 1.2% | 24.9% | 3.6% | 4.8 years | $126.81 |
Table 38 after “The following table summarizes the related assumptions used to determine the fair values of the performance share awards with a market condi”
| Grant Date | Stock Price on Measurement Date | Dividend Yield | Expected Volatility | Risk Free Interest Rate | Expected Term | Weighted Avg. Grant Date Fair Value |
| February 2026 | $517.58 | 1.1% | 32.1% | 3.4% | 2.9 years | $689.16 |
Table 39 after “for the awards granted during February 2026.”
| Grant Date | Fair Value | Performance Period | Payout Range |
| February 2026 | $501.47 | Jan 2026 - Dec 2028 | 0%-200% |
Table 40 after “SUMMARY OF CONDENSED CONSOLIDATED RESULTS (IN MILLIONS, EXCEPT PER SHARE DATA):”
| Three Months Ended June 30, | | | | | |
| 2026 | % of Net sales | 2025 | % of Net sales | | |
| Net sales | $1,711.8 | | | $1,484.3 | | |
| Cost of goods sold | 1,098.8 | | 64.2% | | 932.2 | 62.8% |
| Gross profit | 613.0 | | 35.8% | | 552.1 | 37.2% |
| Selling & administrative (“S&A”) expense | 264.4 | | 15.4% | | 215.8 | 14.5% |
| Operating income | 348.6 | | 20.4% | | 336.3 | 22.7% |
| Net income | 242.2 | | 14.1% | | 245.5 | 16.5% |
First 8 of 14 rows. The download has all of them.
Table 41 after “The following table reconciles Adjusted operating income, a non-GAAP measure, to Operating income, the directly comparable GAAP financial me”
| Three Months Ended June 30, | | | | | |
| 2026 | % of Net sales | 2025 | % of Net sales | | |
| Operating income (GAAP measure) | $348.6 | | 20.4% | | $336.3 | 22.7% |
| Amortization of acquisition-related intangible assets | 39.1 | | 2.3% | | 25.2 | 1.7% |
| Transaction, integration & separation costs | 20.8 | | 1.2% | | 0.7 | —% |
| Adjusted operating income (non-GAAP measure) | $408.5 | | 23.9% | | $362.2 | 24.4% |
| The following table reconciles Adjusted net income attributable to Hubbell Incorporated, Adjusted net income available to common shareholders, and the diluted per share amounts thereof, each a non-GAAP measure, to the directly comparable GAAP financial measures (in millions, except per share data). | | | | | | |
| Three Months Ended June 30, | | | | | |
First 8 of 18 rows. The download has all of them.
Table 42 after “The following table reconciles our organic net sales to the directly comparable GAAP financial measure (in millions and percentage change):”
| Three Months Ended June 30, | | | | | |
| 2026 | Inc/(Dec) % | 2025 | Inc/(Dec) % | | |
| Net sales growth (decline) (GAAP measure) | $227.5 | | 15.3 | | $31.8 | 2.2 |
| Impact of acquisitions | 71.5 | | 4.8 | | 4.9 | 0.3 |
| Impact of divestitures | — | | — | | — | — |
| Foreign currency exchange | 4.7 | | 0.3 | | (2.1) | (0.1) |
| Organic net sales growth (decline) (non-GAAP measure) | $151.3 | | 10.2 | | $29.0 | 2.0 |
Table 43 after “The following table reconciles our Utility Solutions segment adjusted operating income and adjusted operating margin to the directly compara”
| Three Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Net sales | $1,025.8 | | $935.5 |
| Operating income (GAAP measure) | 233.9 | | 218.2 |
| Amortization of acquisition-related intangible assets | 26.2 | | 20.0 |
| Transaction, integration & separation costs | 2.7 | | 0.5 |
| Adjusted operating income (non-GAAP measure) | $262.8 | | $238.7 |
| Operating margin (GAAP measure) | 22.8% | | 23.3% |
First 8 of 9 rows. The download has all of them.
Table 44 after “The following table reconciles our Utility Solutions segment organic net sales to the directly comparable GAAP financial measure (in million”
| Three Months Ended June 30, | | | | | |
| Utility Solutions | 2026 | Inc/(Dec) % | 2025 | Inc/(Dec) % | | |
| Net sales growth (decline) (GAAP measure) | $90.3 | | 9.7 | | $9.0 | 0.9 |
| Impact of acquisitions | 36.1 | | 3.9 | | — | — |
| Impact of divestitures | — | | — | | — | — |
| Foreign currency exchange | 3.2 | | 0.3 | | (1.4) | (0.2) |
| Organic net sales growth (decline) (non-GAAP measure) | $51.0 | | 5.5 | | $10.4 | 1.1 |
Table 45 after “The following table reconciles our Electrical Solutions segment adjusted operating income and adjusted operating margin to the directly comp”
| Three Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Net sales | $686.0 | | $548.8 |
| Operating income (GAAP measure) | 114.7 | | 118.1 |
| Amortization of acquisition-related intangible assets | 12.9 | | 5.2 |
| Transaction, integration & separation costs | 18.1 | | 0.2 |
| Adjusted operating income (non-GAAP measure) | $145.7 | | $123.5 |
| Operating margin (GAAP measure) | 16.7% | | 21.5% |
First 8 of 9 rows. The download has all of them.
Table 46 after “The following table reconciles our Electrical Solutions segment organic net sales to the directly comparable GAAP financial measure (in mill”
| Three Months Ended June 30, | | | | | |
| Electrical Solutions | 2026 | Inc/(Dec) % | 2025 | Inc/(Dec) % | | |
| Net sales growth (GAAP measure) | $137.2 | | 25.1 | | $22.8 | 4.3 |
| Impact of acquisitions | 35.4 | | 6.5 | | 4.9 | 0.9 |
| Impact of divestitures | — | | — | | — | — |
| Foreign currency exchange | 1.5 | | 0.3 | | (0.7) | (0.1) |
| Organic net sales growth (non-GAAP measure) | $100.3 | | 18.3 | | $18.6 | 3.5 |
Table 47 after “SUMMARY OF CONDENSED CONSOLIDATED RESULTS (IN MILLIONS, EXCEPT PER SHARE DATA):”
| Six Months Ended June 30, 2026 | | | | | |
| 2026 | % of Net sales | 2025 | % of Net sales | | |
| Net sales | $3,228.5 | | | $2,849.5 | | |
| Cost of goods sold | 2,110.2 | | 65.4% | | 1,854.8 | 65.1% |
| Gross profit | 1,118.3 | | 34.6% | | 994.7 | 34.9% |
| Selling & administrative (“S&A”) expense | 505.9 | | 15.6% | | 428.0 | 15.0% |
| Operating income | 612.4 | | 19.0% | | 566.7 | 19.9% |
| Net income | 425.2 | | 13.2% | | 410.0 | 14.4% |
First 8 of 14 rows. The download has all of them.
Table 48 after “The following table reconciles Adjusted operating income, a non-GAAP measure, to Operating income, the directly comparable GAAP financial me”
| Six Months Ended June 30, 2026 | | | | | |
| 2026 | % of Net sales | 2025 | % of Net sales | | |
| Operating income (GAAP measure) | $612.4 | | 19.0% | | $566.7 | 19.9% |
| Amortization of acquisition-related intangible assets | 72.5 | | 2.2% | | 49.9 | 1.8% |
| Transaction, integration & separation costs | 24.3 | | 0.8% | | 1.1 | —% |
| Adjusted operating income (non-GAAP measure) | $709.2 | | 22.0% | | $617.7 | 21.7% |
| The following table reconciles Adjusted net income attributable to Hubbell Incorporated, Adjusted net income available to common shareholders, and the diluted per share amounts thereof, each a non-GAAP measure, to the directly comparable GAAP financial measures (in millions, except per share data). | | | | | | |
| Six Months Ended June 30, 2026 | | | | | |
First 8 of 18 rows. The download has all of them.
Table 49 after “The following table reconciles our organic net sales to the directly comparable GAAP financial measure (in millions and percentage change):”
| Six Months Ended June 30, 2026 | | | | | |
| 2026 | Inc/(Dec) % | 2025 | Inc/(Dec) % | | |
| Net sales growth (decline) (GAAP measure) | $379.0 | | 13.2 | | $(2.1) | (0.1) |
| Impact of acquisitions | 103.0 | | 3.6 | | 9.4 | 0.3 |
| Impact of divestitures | — | | — | | (21.1) | (0.7) |
| Foreign currency exchange | 12.6 | | 0.4 | | (10.7) | (0.4) |
| Organic net sales growth (decline) (non-GAAP measure) | $263.4 | | 9.2 | | $20.3 | 0.7 |
Table 50 after “The following table reconciles our Utility Solutions segment adjusted operating income and adjusted operating margin to the directly compara”
| Six Months Ended June 30, 2026 | | |
| (In millions) | 2026 | 2025 | |
| Net sales | $1,974.7 | | $1,792.6 |
| Operating income (GAAP measure) | 409.0 | | 369.0 |
| Amortization of acquisition-related intangible assets | 54.9 | | 39.8 |
| Transaction, integration & separation costs | 6.2 | | 0.6 |
| Adjusted operating income (non-GAAP measure) | $470.1 | | $409.4 |
| Operating margin (GAAP measure) | 20.7% | | 20.6% |
First 8 of 9 rows. The download has all of them.
Table 51 after “The following table reconciles our Utility Solutions segment organic net sales to the directly comparable GAAP financial measure (in million”
| Six Months Ended June 30, 2026 | | | | | |
| Utility Solutions | 2026 | Inc/(Dec) % | 2025 | Inc/(Dec) % | | |
| Net sales growth (decline) (GAAP measure) | $182.1 | | 10.2 | | $(27.9) | (1.5) |
| Impact of acquisitions | 66.3 | | 3.7 | | — | — |
| Impact of divestitures | — | | — | | — | — |
| Foreign currency exchange | 6.6 | | 0.4 | | (5.6) | (0.3) |
| Organic net sales growth (decline) (non-GAAP measure) | $109.2 | | 6.1 | | $(22.3) | (1.2) |
Table 52 after “The following table reconciles our Electrical Solutions segment adjusted operating income and adjusted operating margin to the directly comp”
| Six Months Ended June 30, 2026 | | |
| (In millions) | 2026 | 2025 | |
| Net sales | $1,253.8 | | $1,056.9 |
| Operating income (GAAP measure) | 203.4 | | 197.7 |
| Amortization of acquisition-related intangible assets | 17.6 | | 10.1 |
| Transaction, integration & separation costs | 18.1 | | 0.5 |
| Adjusted operating income (non-GAAP measure) | $239.1 | | $208.3 |
| Operating margin (GAAP measure) | 16.2% | | 18.7% |
First 8 of 9 rows. The download has all of them.
Table 53 after “The following table reconciles our Electrical Solutions segment organic net sales to the directly comparable GAAP financial measure (in mill”
| Six Months Ended June 30, 2026 | | | | | |
| Electrical Solutions | 2026 | Inc/(Dec) % | 2025 | Inc/(Dec) % | | |
| Net sales growth (GAAP measure) | $196.9 | | 18.7 | | $25.8 | 2.5 |
| Impact of acquisitions | 36.7 | | 3.5 | | 9.4 | 0.9 |
| Impact of divestitures | — | | — | | (21.1) | (2.0) |
| Foreign currency exchange | 6.0 | | 0.6 | | (5.1) | (0.5) |
| Organic net sales growth (non-GAAP measure) | $154.2 | | 14.6 | | $42.6 | 4.1 |
Table 54 after “Cash Flow”
| Three Months Ended June 30, | | |
| (In millions) | 2026 | 2025 | |
| Net cash provided by (used in): | | | |
| Operating activities | $336.4 | | $298.0 |
| Investing activities | (3,086.6) | | (140.6) |
| Financing activities | 2,651.7 | | (117.5) |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | (1.2) | | 13.1 |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | $(99.7) | | $53.0 |
Table 55 after “The table below presents the restructuring and related costs incurred in the first six months of 2026, additional expected costs, and the ex”
| Costs incurred in the six months ended June 30, 2026 | Additional expected costs | Expected completion date | |
| 2026 Restructuring Actions | $4.6 | | $5.0 | 2027 |
| 2025 and Prior Restructuring Actions | 2.2 | | 0.3 | 2026 |
| Total Restructuring cost (GAAP measure) | $6.8 | | $5.3 | |
| Restructuring-related costs | 3.8 | | 3.4 | |
| Restructuring and related costs (Non-GAAP measure) | $10.6 | | $8.7 | |
Table 56 after “Net debt, defined as total debt less cash and investments, is a non-GAAP measure that may not be comparable to definitions used by other com”
| (In millions) | June 30, 2026 | December 31, 2025 | |
| Total Debt (GAAP measure) | $5,372.6 | | $2,325.4 |
| Hubbell Incorporated Shareholders’ Equity | 3,911.9 | | 3,847.9 |
| TOTAL CAPITAL (GAAP measure) | $9,284.5 | | $6,173.3 |
| Total Debt to Total Capital (GAAP measure) | 58% | | 38% |
| Cash and Investments | 498.4 | | 596.3 |
| Net Debt (non-GAAP measure) | $4,874.2 | | $1,729.1 |
| Net Debt to Total Capital (non-GAAP measure) | 52% | | 28% |
Table 57 after “The following table summarizes the Company's repurchase activity of common stock under the repurchase programs during the quarter ended June”
| Period | Total Number of Shares of Common Stock Purchased (000s)(1) | Average Price Paid Per Share of Common Stock(1) | Approximate Value of Shares that May Yet be Purchased Under the Plans(in millions) | Total number of shares purchased as part of publicly announced plans (000s) | | |
| April 1, 2026 - April 30, 2026 | 50 | | $502.42 | | $303.2 | 48 |
| May 1, 2026 - May 31, 2026 | 10 | | $512.58 | | $298.2 | 10 |
| June 1, 2026 - June 30, 2026 | — | | $— | | $298.2 | — |
| TOTAL FOR THE QUARTER ENDED June 30, 2026 | 60 | | $504.07 | | $298.2 | 58 |
Table 58 after “Back to Contents”
| | Incorporated by Reference | | | | |
| Exhibit Number | Exhibit Description | Form | File No. | Exhibit | Filing Date | Filed/ Furnished Herewith |
| 2.1 | Stock Purchase Agreement, by and among Hubbell Incorporated (Delaware), NSI Electrical Buyer, Inc., NSI Buyer, LP and Hubbell Incorporated, dated as of May 1, 2026* | 8-K | 001-02958 | 2.1 | 5/4/2026 | |
| 4.1 | Eighth Supplemental Indenture, dated as of June 8, 2026, between Hubbell Incorporated and U.S. Bank Trust Company, National Association, as trustee | 8-K | 001-02958 | 4.2 | 6/8/2026 | |
| 4.2 | Form of 4.650% Senior Notes due 2031 (included in Exhibit 4.2 to the Company’s Current Report on Form 8-K filed on June 8, 2026) | 8-K | 001-02958 | 4.3 | 6/8/2026 | |
| 4.3 | Form of 4.900% Senior Notes due 2033 (included in Exhibit 4.2 to the Company’s Current Report on Form 8-K filed on June 8, 2026) | 8-K | 001-02958 | 4.4 | 6/8/2026 | |
| 4.4 | Form of 5.150% Senior Notes due 2036 (included in Exhibit 4.2 to the Company’s Current Report on Form 8-K filed on June 8, 2026) | 8-K | 001-02958 | 4.5 | 6/8/2026 | |
| 10.1 | Term Loan Agreement, dated as of May 15, 2026, by and among Hubbell Incorporated, the Lenders party thereto and JPMorgan Chase Bank, N.A. as Administrative Agent | 8-K | 001-02958 | 10.1 | 5/15/2026 | |
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