Hubbell raises outlook on datacenter and grid demand
Telborg
· October 27, 2026
· ✓ verified
Hubbell Inc. has reported third-quarter 2026 results and raised its full-year 2026 outlook, citing stronger sales growth and continued demand in datacenters and grid infrastructure.
- 3Q 2026 results: net sales were $1,872.5 million, adjusted operating profit was $476.8 million, adjusted diluted EPS was $5.91, and free cash flow was $280.4 million.
- Outlook and segment drivers: Hubbell raised 2026 sales growth guidance to +18-19% and adjusted EPS guidance to $20.40-$20.60; it also said CapEx of $175-190 million will support capacity expansion in transmission, substation, and datacenter markets, while 2027 preview comments pointed to strong datacenter growth and more than $500 million of backlog built YTD in Utility Solutions.