Hubbell Incorporated stock research
FY2025 Q2
Hubbell (HUBB) Gross Margin — Quarter Ended Jun 30, 2025
Revenue was stable compared to the same quarter last year and higher than the preceding quarter. Gross profit and gross margin improved relative to both the prior quarter and the year-ago period, while cost of revenue was lower than a year earlier but slightly higher than the previous quarter.
Gross margin takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue was stable compared to the same quarter last year and higher than the preceding quarter. Gross profit and gross margin improved relative to both the prior quarter and the year-ago period, while cost of revenue was lower than a year earlier but slightly higher than the previous quarter.
- The gross margin strengthened sequentially and year-over-year, driven by a combination of higher revenue and lower cost of revenue compared to the prior year, and a more favorable relationship between revenue growth and cost changes relative to the previous quarter.
- Compared to the immediately preceding quarter, gross margin improved from 32.4% to 37.2%, with revenue increasing and cost of revenue rising only modestly. Versus the same quarter one year earlier, gross margin rose from 35.4% to 37.2%, as revenue was essentially flat while cost of revenue declined.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
37.2%
Gross profit
$552.1M
Revenue
$1.5B
Cost of revenue
$932.2M
Quarter-over-quarter change
+4.8 pts
Year-over-year change
+1.8 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2024 | $1.5B | $513.8M | $938.7M | 35.4% |
| Sep 30, 2024 | $1.4B | $506.0M | $936.6M | 35.1% |
| Mar 31, 2025 | $1.4B | $442.6M | $922.6M | 32.4% |
| Jun 30, 2025 | $1.5B | $552.1M | $932.2M | 37.2% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Mar 31, 2025
+4.8 pts
Year-over-year change
Jun 30, 2024
+1.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The gross margin strengthened sequentially and year-over-year, driven by a combination of higher revenue and lower cost of revenue compared to the prior year, and a more favorable relationship between revenue growth and cost changes relative to the previous quarter.
Compared to the immediately preceding quarter, gross margin improved from 32.4% to 37.2%, with revenue increasing and cost of revenue rising only modestly. Versus the same quarter one year earlier, gross margin rose from 35.4% to 37.2%, as revenue was essentially flat while cost of revenue declined.
Monitor the trajectory of cost of revenue relative to revenue, as the current quarter's improvement partly reflects a decline in cost of revenue year-over-year despite stable revenue.