nVent Electric (NVT) Cost of Revenue (2017 - 2026)

nVent Electric's (NVT) quarterly Cost of Revenue came in at $796.4 million in Q1 2026, up 60.69% year-on-year from $495.6 million in Q1 2025, and up 17.5% quarter-over-quarter from $677.8 million in Q4 2025.

nVent Electric (NVT) Cost of Revenue (2017 - 2026) Analysis & Trends

nVent Electric's Cost of Revenue history runs 10 years deep, the most recent figure standing at $796.4 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 60.69% year-over-year to $796.4 million in Q1 2026; TTM through Mar 2026 was $2.7 billion, a 47.18% increase from a year earlier, with the FY2025 full-year figure at $2.4 billion, up 34.89% from the prior year.
  • Cost of Revenue advanced to $796.4 million in Q1 2026 per NVT's latest filing, from $677.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $796.4 million in Q1 2026 and bottomed at $109.9 million in Q4 2022.
  • The 5-year median for Cost of Revenue is $455.2 million (2022), against an average of $484.6 million.
  • Across the five-year window, Cost of Revenue sank 73.94% in 2022 and surged 276.71% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $109.9 million in 2022, then jumped by 276.71% to $414.0 million in 2023, then climbed by 9.35% to $452.7 million in 2024, then surged by 49.72% to $677.8 million in 2025, then advanced by 17.5% to $796.4 million in 2026.
  • Per Business Quant, the three latest NVT Cost of Revenue figures stand at $796.4 million (Q1 2026), $677.8 million (Q4 2025), and $659.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Electrovaya 413.55 Bn 413.53 Bn 6.04 Mn 12.01 Mn
2 Vertiv Holdings 109.26 Bn 106.76 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 53.01 Bn 50.51 Bn 225.54 Mn 525.51 Mn
4 Hubbell 26.33 Bn 25.81 Bn 505.30 Mn 1.01 Bn
5 nVent Electric 24.09 Bn 23.90 Bn 445.60 Mn 796.40 Mn
6 Advanced Energy Industries 10.99 Bn 10.29 Bn 200.90 Mn 310.10 Mn
7 Acuity Inc. (De) 10.14 Bn 9.72 Bn 606.40 Mn 591.60 Mn
8 Powell Industries 8.00 Bn 7.45 Bn 87.94 Mn 208.68 Mn
9 EnerSys 7.11 Bn 6.67 Bn 290.87 Mn 83.14 Mn
10 Hayward Holdings 3.15 Bn 2.92 Bn 118.70 Mn 136.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 796.40 Mn
Mar 31, 2026 796.40 Mn
Dec 31, 2025 677.80 Mn
Dec 31, 2025 677.80 Mn
Sep 30, 2025 659.30 Mn
Sep 30, 2025 659.30 Mn
Jun 30, 2025 591.30 Mn
Jun 30, 2025 591.30 Mn
Mar 31, 2025 495.60 Mn
Mar 31, 2025 495.60 Mn
Dec 31, 2024 452.70 Mn
Dec 31, 2024 452.70 Mn
Sep 30, 2024 470.90 Mn
Sep 30, 2024 470.90 Mn
Jun 30, 2024 432.20 Mn
Jun 30, 2024 432.20 Mn
Mar 31, 2024 441.20 Mn
Mar 31, 2024 441.20 Mn
Dec 31, 2023 414.00 Mn
Dec 31, 2023 414.00 Mn