10-K · February 17, 2026
nVent’s 2025 results show material top-line expansion driven by acquisitions and organic demand: total 2025 revenue was about $3,892.0 million (sum of quarterly revenues) vs $3,006.0 million in 2024, backlog expanded to…
Earnings analysis · 10-Q
NVT earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
nVent Electric reported strong Q1 2026 results with revenue of $1.242 billion, reflecting a significant 53.5% increase year-over-year and surpassing expectations. Diluted EPS was reported at $1.09, indicating a robust…
Read full summary
nVent Electric reported strong Q1 2026 results with revenue of $1.242 billion, reflecting a significant 53.5% increase year-over-year and surpassing expectations. Diluted EPS was reported at $1.09, indicating a robust surprise compared to the projected EPS of $0.94 and achieving substantial growth from the previous year's figures.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.09
- Segment
- Systems Protection
- Segment
- Electrical Connections
What stood out
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Record Q1 Revenue
Revenue reached $1.242 billion, up 53.5% YoY from $809.3 million in Q1 2025.
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Exceeding EPS Expectations
Diluted EPS of $1.09 surpassed the estimate of $0.94, with a notable growth from $0.67 in Q1 2025.
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Segment Growth in Systems Protection
The Systems Protection segment posted net sales of $894.8 million, up 76.1% from $508.2 million in Q1 2025.
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Strong Operating Income Growth
Operating income grew to $195.7 million, a 50.5% increase YoY from $130 million.
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Free Cash Flow Positive
Free cash flow was $53.8 million, an increase compared to $44.4 million in Q1 2025.
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Strong Backlog
nVent holds a strong backlog of $2.6 billion, indicating continued demand.
What to watch
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Margin Compression due to Inflation
Gross margin decreased by 2.9 points to 35.9% due to inflationary costs and unfavorable product mix.
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Acquisition Integration Risks
The ongoing integration of Electrical Products Group may pose operational risks.
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Exposure to Currency Fluctuations
The company faces risks from currency exchange rates impacting costs and revenues.
Management's outlook
Full-year sales growth guidance raised to 26-28%.
Earlier filings 4
10-Q · October 31, 2025
nVent delivered a strong Q3 top-line beat with net sales of $1,054.0 million (up $272.0 million vs Q3 2024's $782.0 million) while gross and operating margins compressed to ~37.5% and ~15.8% respectively. EPS (diluted)…
10-Q · August 1, 2025
nVent reported strong top-line growth in Q2: net sales of $963.1 million, up $223.3 million (+30.2%) year-over-year and up $153.8 million (+19.0%) sequentially. Gross margin compressed to 38.6% while operating margin…
10-K · February 18, 2025
nVent positions itself as a global leader in systems protection and electrical connection solutions, pursuing growth through commercial excellence, digital transformation and M&A (notably ECM in 2023 and Trachte in…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.