nVent Electric (NVT) Cost of Revenue (2017 - 2026)
nVent Electric (NVT) posted quarterly Cost of Revenue of $913.3 million for Q2 2026, up 54.46% year-over-year from $591.3 million in Q2 2025, and up 14.68% on a QoQ basis from $796.4 million in Q1 2026.
nVent Electric (NVT) Cost of Revenue (2017 - 2026) Analysis & Trends
nVent Electric has reported Cost of Revenue for 10 years, with the latest figure at $913.3 million in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $913.3 million, up 54.46% year-over-year; the trailing twelve-month figure through Jun 2026 was $3.0 billion (up 51.54% YoY), and the FY2025 annual result was $2.4 billion, up 34.89% from the prior year.
- Cost of Revenue advanced to $913.3 million in Q2 2026, from $796.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $913.3 million in Q2 2026 and troughed at $109.9 million in Q4 2022.
- A 5-year average of $508.4 million and a median of $457.4 million in 2022 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2022, when Cost of Revenue plunged 73.94%; it then soared 276.71% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $109.9 million in 2022, then soared by 276.71% to $414.0 million in 2023, then advanced by 9.35% to $452.7 million in 2024, then jumped by 49.72% to $677.8 million in 2025, then surged by 34.74% to $913.3 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $913.3 million in Q2 2026, $796.4 million in Q1 2026, and $677.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 2.04 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 709.79 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 1.10 Bn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 913.30 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 338.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 591.60 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 216.44 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 538.65 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 179.97 Mn |
| 10 | Hayward Holdings | 3.17 Bn | 2.69 Bn | 155.05 Mn | 163.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 913.30 Mn |
| Jun 30, 2026 | 913.30 Mn |
| 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 |