Hybrid nanomaterials, defined as intentional combination of at least one nanomaterial with one or more materials, at an atomic or nanometer‐level of mixture, complementing each other to have new or improved functions and properties which component materials do not possess, provide new possibilities for electroanalytical methods The relevant functional properties of nanomaterials can be tuned, in an unimaginable fashion, by rational combination with other materials. This fact opens an exciting door for sensor and biosensor technology, which is well supported by the advances in other areas such as surface science, organic and inorganic synthesis, polymer and biomolecular chemistry, and nanotechnology. This article provides a general sight state‐of‐the‐art on the use of nanosized hybrid materials as transduction, amplification, and labeling elements for the development of original electroanalytical methods, exemplifying with some of the most relevant research published in the last 5 years. The article is divided into two main sections: (i) electrochemical sensors based on hybrid nanomaterials of inorganic–organic, inorganic–inorganic, and organic–organic composition; (ii) electrochemical enzyme and affinity biosensors making use of hybrid nanostructures.