What is Hubbell's utility solutions — cost of goods sold?

Hubbell (HUBB) reported utility solutions — cost of goods sold of $631.80M in Q1 2026.

How has Hubbell's utility solutions — cost of goods sold changed year-over-year?

Hubbell's utility solutions — cost of goods sold increased by 9.6% year-over-year, from $576.20M to $631.80M.

What is the long-term trend for Hubbell's utility solutions — cost of goods sold?

Over 3 years (2022 to 2025), Hubbell's utility solutions — cost of goods sold has grown at a 5.1% compound annual growth rate (CAGR), from $2.06B to $2.40B.

What does utility solutions — cost of goods sold mean?

The direct costs incurred to manufacture or acquire the products sold by the Utility Solutions segment.

Business Segments · Cost of goods sold

Utility Solutions — Cost of goods sold

Hubbell Utility Solutions — Cost of goods sold increased by 2.0% to $631.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.6%, from $576.20M to $631.80M. Over 3 years (FY 2022 to FY 2025), Utility Solutions — Cost of goods sold shows an upward trend with a 5.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ1 2022

Last reportedQ1 2026

Rolls up toTotal Cost of Revenue

How to read this metric

A decrease relative to sales indicates improved manufacturing efficiency or lower input costs, while an increase may signal rising material costs or operational inefficiencies.

Detailed definition

Includes the direct costs attributable to the production of goods sold by the Utility Solutions segment, such as raw mat...

Peer comparison

Commonly reported as COGS or cost of sales in industrial segment reporting.

Metric ID: hubb_segment_utility_solutions_cost_of_goods_sold

Historical Data

17 periods

	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	$515.40M	$515.40M	$515.40M	$515.40M	$530.40M	$530.40M	$530.40M	$530.40M	$617.90M	$612.60M	$605.00M	$584.90M	$576.20M	$597.60M	$602.80M	$619.70M	$631.80M
QoQ Change	—	+0.0%	+0.0%	+0.0%	+2.9%	+0.0%	+0.0%	+0.0%	+16.5%	-0.9%	-1.2%	-3.3%	-1.5%	+3.7%	+0.9%	+2.8%	+2.0%
YoY Change	—	—	—	—	+2.9%	+2.9%	+2.9%	+2.9%	+16.5%	+15.5%	+14.1%	+10.3%	-6.7%	-2.4%	-0.4%	+5.9%	+9.6%

Range$515.40M – $631.80M

CAGR+5.2%

Avg YoY Growth+5.7%

Median YoY Growth+2.9%

Current Streak4 quarters growth

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Frequently Asked Questions

What is Hubbell's utility solutions — cost of goods sold?: Hubbell (HUBB) reported utility solutions — cost of goods sold of $631.80M in Q1 2026.
How has Hubbell's utility solutions — cost of goods sold changed year-over-year?: Hubbell's utility solutions — cost of goods sold increased by 9.6% year-over-year, from $576.20M to $631.80M.
What is the long-term trend for Hubbell's utility solutions — cost of goods sold?: Over 3 years (2022 to 2025), Hubbell's utility solutions — cost of goods sold has grown at a 5.1% compound annual growth rate (CAGR), from $2.06B to $2.40B.
What does utility solutions — cost of goods sold mean?: The direct costs incurred to manufacture or acquire the products sold by the Utility Solutions segment.