nVent Electric (NVT) Cost of Revenue (2017 - 2026)
nVent Electric's 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 has reported Cost of Revenue for 10 years, with the latest figure at $796.4 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 60.69% year-over-year to $796.4 million; the trailing twelve-month figure through Mar 2026 stood at $2.7 billion (up 47.18% YoY), and the FY2025 full-year result was $2.4 billion, up 34.89% from the prior year.
- Cost of Revenue for Q1 2026 stood at $796.4 million, up from $677.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $796.4 million in Q1 2026, with the low at $109.9 million in Q4 2022.
- Average Cost of Revenue over 5 years is $484.6 million, with a median of $455.2 million recorded in 2022.
- Year-over-year, Cost of Revenue sank 73.94% in 2022 and surged 276.71% in 2023.
- Tracing NVT's Cost of Revenue over 5 years: stood at $109.9 million in 2022, then surged by 276.71% to $414.0 million in 2023, then grew by 9.35% to $452.7 million in 2024, then soared by 49.72% to $677.8 million in 2025, then climbed by 17.5% to $796.4 million in 2026.
- The last three Cost of Revenue figures came in at $796.4 million (Q1 2026), $677.8 million (Q4 2025), and $659.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 1.65 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 525.51 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 796.40 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 1.01 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 310.10 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 208.68 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 535.30 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 398.41 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 185.12 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 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 |
| Sep 30, 2023 | 425.90 Mn |
| Sep 30, 2023 | 425.90 Mn |
| Jun 30, 2023 | 471.10 Mn |
| Jun 30, 2023 | 471.10 Mn |
| Mar 31, 2023 | 437.40 Mn |
| Mar 31, 2023 | 437.40 Mn |
| Dec 31, 2022 | 109.90 Mn |
| Dec 31, 2022 | 109.90 Mn |
| Sep 30, 2022 | 455.20 Mn |
| Sep 30, 2022 | 455.20 Mn |
| Jun 30, 2022 | 459.70 Mn |
| Jun 30, 2022 | 459.70 Mn |
| Mar 31, 2022 | 447.40 Mn |
| Mar 31, 2022 | 447.40 Mn |
| Dec 31, 2021 | 421.80 Mn |
| Dec 31, 2021 | 421.80 Mn |
| Sep 30, 2021 | 392.30 Mn |
| Sep 30, 2021 | 392.30 Mn |
| Jun 30, 2021 | 366.10 Mn |
| Jun 30, 2021 | 366.10 Mn |
| Mar 31, 2021 | 339.90 Mn |
| Mar 31, 2021 | 339.90 Mn |
| Dec 31, 2020 | 324.20 Mn |
| Dec 31, 2020 | 324.20 Mn |
| Sep 30, 2020 | 312.50 Mn |
| Sep 30, 2020 | 312.50 Mn |
| Jun 30, 2020 | 286.90 Mn |
| Jun 30, 2020 | 286.90 Mn |
| Mar 31, 2020 | 325.60 Mn |
| Mar 31, 2020 | 325.60 Mn |
| Dec 31, 2019 | 347.10 Mn |
| Dec 31, 2019 | 347.10 Mn |
| Sep 30, 2019 | 335.70 Mn |
| Sep 30, 2019 | 335.70 Mn |
| Jun 30, 2019 | 327.30 Mn |
| Jun 30, 2019 | 327.30 Mn |
| Mar 31, 2019 | 328.10 Mn |
| Mar 31, 2019 | 328.10 Mn |
| Dec 31, 2018 | 349.40 Mn |
| Dec 31, 2018 | 349.40 Mn |
| Sep 30, 2018 | 334.80 Mn |
| Sep 30, 2018 | 334.80 Mn |
| Jun 30, 2018 | 323.30 Mn |
| Jun 30, 2018 | 323.30 Mn |
| Mar 31, 2018 | 330.00 Mn |
| Mar 31, 2018 | 330.00 Mn |
| Dec 31, 2017 | 328.50 Mn |
| Dec 31, 2017 | 328.50 Mn |
| Sep 30, 2017 | 320.50 Mn |
| Sep 30, 2017 | 320.50 Mn |
| Jun 30, 2017 | 303.50 Mn |
| Jun 30, 2017 | 303.50 Mn |
| Mar 31, 2017 | 303.50 Mn |
| Mar 31, 2017 | 303.50 Mn |