Hubbell Inc
hubbell.comWhat Do They Do?
Makes grid equipment and communications and control systems for utilities, plus electrical products for industrial and commercial customers.
10-K for FY2025, filed Feb 12, 2026Hubbell Utility Solutions has leading positions In Front of the Meter and on The Edge. The Utility Solutions segment (63% of consolidated…View ↗
Products of the Utility Solutions segment are sold under various brands and/or trademarks into the electrical distribution, substation and…View ↗
Our operations are classified into two reportable segments: Utility Solutions and Electrical Solutions. For a complete description of the…View ↗
How Do They Make Money?
Most revenue comes from product sales, generally counted when products ship; some utility orders are counted on delivery. Customized utility work is counted as it progresses; annual maintenance is paid at the start of its contract, and some orders require advance payment.
10-K for FY2025, filed Feb 12, 2026The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which…View ↗
The Company also has performance obligations, primarily within the Utility Solutions segment, that are recognized over time due to the…View ↗
Certain businesses require a portion of the transaction price to be paid in advance of transfer of control. Advance payments are not…View ↗
-
10-K for FY2025, filed Feb 12, 2026
FY2025 revenue by reportable segment ↗
$5.8B
-
10-K for FY2025, filed Feb 12, 2026
$5.8B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Utility Solutions
|
63%
FY2022: 58%
|
Utility Solutions, FY2025
$3.7B Sources
|
|
|
Electrical Solutions
Sold outright
10-K for FY2025, filed Feb 12, 2026 |
37%
FY2022: 42%
|
Electrical Solutions, FY2025
$2.2B Sources
|
Sold outright |
Who Are Their Customers?
Distributors and wholesalers route products to end markets; utilities also buy directly. Other buyers include contractors, equipment makers, telecommunications companies and retail outlets.
10-K for FY2025, filed Feb 12, 2026The Company recognizes revenue when performance obligations identified under the terms of contracts with its customers are satisfied, which…View ↗
We have an extensive customer base of distributors, wholesalers, electric utilities, OEMs, electrical contractors, telecommunications…View ↗
These products are sold under various brands and/or trademarks and are primarily sold through electrical and industrial distributors, home…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 15 cents of every revenue dollar as net income in FY2025 and turned 15 cents into free cash flow.
10-K for FY2025, filed Feb 12, 2026
$1.2BView ↗
10-K for FY2025, filed Feb 12, 2026
$887.1MView ↗
10-K for FY2025, filed Feb 12, 2026
$874.7MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Jul 29, 2026
$240.4MView ↗
- ▼ −2%
- vs $244.2M in Q2 FY2025
10-Q for Q2 FY2026, filed Jul 29, 2026
Open tableView ↗
-
Jun 9, 2026
Completed acquisition of NSI Industries
NSI supplies electrical fittings, connectors, components and wire management products for industrial, infrastructure and commercial markets.
Sources
8-K, filed Jun 9, 2026
On June 9, 2026, Hubbell completed the NSI Acquisition. NSI Industries is a provider of electrical fittings, connectors, components and…View ↗
Growing. Revenue grew 39% in 4 years, from $4.2B in FY2021 to $5.8B in FY2025, about 9% a year.
Loading...
