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| Date | Value |
|---|---|
| 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 |