Hubbell Current portion of accrued product warranty increased by 13.8% to $17.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.4%, from $21.20M to $17.30M. Over 5 years (FY 2020 to FY 2025), Current portion of accrued product warranty shows a downward trend with a -10.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal concerns regarding product quality or a larger installed base, while a decrease suggests improved product reliability or lower expected claims.
This represents the estimated cost of fulfilling warranty obligations for products sold that are expected to be settled...
Common in heavy machinery and automotive sectors; highly dependent on product reliability and warranty terms.
current_liabilities_product_warranty_accrual_classified_current| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $24.00M | $21.90M | $36.70M | $36.40M | $36.00M | $25.50M | $20.20M | $17.20M | $20.60M | $21.10M | $15.60M | $16.10M | $15.50M | $15.20M | $20.60M | $21.20M | $21.10M | $19.70M | $15.20M | $17.30M |
| QoQ Change | — | -8.8% | +67.6% | -0.8% | -1.1% | -29.2% | -20.8% | -14.9% | +19.8% | +2.4% | -26.1% | +3.2% | -3.7% | -1.9% | +35.5% | +2.9% | -0.5% | -6.6% | -22.8% | +13.8% |
| YoY Change | — | — | — | — | +50.0% | +16.4% | -45.0% | -52.7% | -42.8% | -17.3% | -22.8% | -6.4% | -24.8% | -28.0% | +32.1% | +31.7% | +36.1% | +29.6% | -26.2% | -18.4% |