nVent Electric NVT
NYSE NVT
$151.98 -2.32 (-1.50%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
DateValue
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