nVent Electric (NVT) Gross Profit (2017 - 2026)
nVent Electric (NVT) recorded quarterly Gross Profit of $445.6 million in Q1 2026, up 14.58% quarter-over-quarter from $388.9 million in Q4 2025, and up 42.05% on a YoY basis from $313.7 million in Q1 2025.
nVent Electric (NVT) Gross Profit (2017 - 2026) Analysis & Trends
nVent Electric's Gross Profit history runs 10 years deep, the most recent figure standing at $445.6 million for Q1 2026.
- In Q1 2026, Gross Profit rose 42.05% year-over-year to $445.6 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 29.96% YoY), while the FY2025 annual figure was $1.5 billion, up 21.5% from the prior year.
- Gross Profit was $445.6 million for Q1 2026 at nVent Electric, up from $388.9 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $445.6 million in Q1 2026 to a low of $17.8 million in Q4 2022.
- Historically, Gross Profit has averaged $302.8 million across 5 years, with a median of $303.2 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Gross Profit tumbled 92.8% in 2022, then soared 1453.37% in 2023.
- A 5-year view of Gross Profit shows it stood at $17.8 million in 2022, then jumped by 1453.37% to $276.5 million in 2023, then climbed by 8.32% to $299.5 million in 2024, then increased by 29.85% to $388.9 million in 2025, then gained by 14.58% to $445.6 million in 2026.
- The last three Gross Profit figures came in at $445.6 million (Q1 2026), $388.9 million (Q4 2025), and $394.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 445.60 Mn |
| Mar 31, 2026 | 445.60 Mn |
| Dec 31, 2025 | 388.90 Mn |
| Dec 31, 2025 | 388.90 Mn |
| Sep 30, 2025 | 394.70 Mn |
| Sep 30, 2025 | 394.70 Mn |
| Jun 30, 2025 | 371.80 Mn |
| Jun 30, 2025 | 371.80 Mn |
| Mar 31, 2025 | 313.70 Mn |
| Mar 31, 2025 | 313.70 Mn |
| Dec 31, 2024 | 299.50 Mn |
| Dec 31, 2024 | 299.50 Mn |
| Sep 30, 2024 | 311.10 Mn |
| Sep 30, 2024 | 311.10 Mn |
| Jun 30, 2024 | 307.60 Mn |
| Jun 30, 2024 | 307.60 Mn |
| Mar 31, 2024 | 290.90 Mn |
| Mar 31, 2024 | 290.90 Mn |
| Dec 31, 2023 | 276.50 Mn |
| Dec 31, 2023 | 276.50 Mn |