nVent Electric (NVT) Net Income (2017 - 2026)
nVent Electric (NVT) recorded quarterly Net Income of $2.0 million in Q1 2026, down 33.33% quarter-over-quarter from $3.0 million in Q4 2025, and down 99.27% on a YoY basis from $273.7 million in Q1 2025.
nVent Electric (NVT) Net Income (2017 - 2026) Analysis & Trends
nVent Electric's Net Income history runs 10 years deep, the most recent figure standing at $2.0 million for Q1 2026.
- In Q1 2026, Net Income fell 99.27% year-over-year to $2.0 million; the TTM figure through Mar 2026 stood at $10.0 million (down 97.1% YoY), while the FY2025 annual figure was $281.7 million, up 209.56% from the prior year.
- Net Income was $2.0 million for Q1 2026 at nVent Electric, down from $3.0 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $273.7 million in Q1 2025 to a low of $2.0 million in Q1 2026.
- Historically, Net Income has averaged $55.3 million across 5 years, with a median of $27.2 million in 2024.
- The sharpest annual moves came in 2025 and 2026: Net Income jumped 1275.38% in 2025, then slumped 99.27% in 2026.
- A 5-year view of Net Income shows it stood at $52.0 million in 2022, then decreased by 18.27% to $42.5 million in 2023, then sank by 36.0% to $27.2 million in 2024, then plunged by 88.97% to $3.0 million in 2025, then sank by 33.33% to $2.0 million in 2026.
- The last three Net Income figures came in at $2.0 million (Q1 2026), $3.0 million (Q4 2025), and $2.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 390.10 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 73.70 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 2.00 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 183.00 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | -500,000.00 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 45.89 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -17.53 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 96.80 Mn |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 77.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.00 Mn |
| Dec 31, 2025 | 3.00 Mn |
| Sep 30, 2025 | 2.20 Mn |
| Jun 30, 2025 | 2.80 Mn |
| Mar 31, 2025 | 273.70 Mn |
| Dec 31, 2024 | 27.20 Mn |
| Sep 30, 2024 | 26.10 Mn |
| Jun 30, 2024 | 17.80 Mn |
| Mar 31, 2024 | 19.90 Mn |
| Dec 31, 2023 | 42.50 Mn |
| Sep 30, 2023 | 23.60 Mn |
| Jun 30, 2023 | 112.90 Mn |
| Mar 31, 2023 | 93.80 Mn |
| Dec 31, 2022 | 52.00 Mn |
| Sep 30, 2022 | 93.40 Mn |
| Jun 30, 2022 | 79.90 Mn |
| Mar 31, 2022 | 67.80 Mn |
| Dec 31, 2021 | 67.00 Mn |
| Sep 30, 2021 | 74.30 Mn |
| Jun 30, 2021 | 66.20 Mn |