Other

Standard Product Warranty Accrual

Hubbell Standard Product Warranty Accrual increased by 2.6% to $34.90M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 16.1%, from $41.60M to $34.90M. Over 5 years (FY 2020 to FY 2025), Standard Product Warranty Accrual shows a downward trend with a -14.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

A significant increase relative to sales may indicate declining product quality or higher-than-expected failure rates.

Detailed definition

This represents the estimated liability for future costs associated with repairing or replacing products under standard...

Peer comparison

Standard for manufacturing firms; peers typically maintain accruals as a percentage of revenue.

Metric ID: other_standard_product_warranty_accrual

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$67.70M$65.80M$66.10M$66.30M$66.10M$56.80M$46.20M$43.20M$45.80M$46.80M$39.20M$40.10M$40.00M$40.10M$41.70M$41.60M$41.20M$39.80M$34.00M$34.90M
QoQ Change-2.8%+0.5%+0.3%-0.3%-14.1%-18.7%-6.5%+6.0%+2.2%-16.2%+2.3%-0.2%+0.3%+4.0%-0.2%-1.0%-3.4%-14.6%+2.6%
YoY Change-2.4%-13.7%-30.1%-34.8%-30.7%-17.6%-15.2%-7.2%-12.7%-14.3%+6.4%+3.7%+3.0%-0.7%-18.5%-16.1%
Range$34.00M$67.70M
CAGR-13.0%
Avg YoY Growth-12.6%
Median YoY Growth-14.0%

Frequently Asked Questions

What is Hubbell's standard product warranty accrual?
Hubbell (HUBB) reported standard product warranty accrual of $34.90M in Q1 2026.
How has Hubbell's standard product warranty accrual changed year-over-year?
Hubbell's standard product warranty accrual decreased by 16.1% year-over-year, from $41.60M to $34.90M.
What is the long-term trend for Hubbell's standard product warranty accrual?
Over 5 years (2020 to 2025), Hubbell's standard product warranty accrual has grown at a -14.1% compound annual growth rate (CAGR), from $72.70M to $34.00M.
What does standard product warranty accrual mean?
The estimated cost the company expects to pay for future product repairs under warranty.