nVent Electric (NVT) Operating Expenses (2017 - 2026)
nVent Electric (NVT) posted quarterly Operating Expenses of $257.3 million for Q2 2026, up 19.62% year-over-year from $215.1 million in Q2 2025, and up 2.96% on a QoQ basis from $249.9 million in Q1 2026.
nVent Electric (NVT) Operating Expenses (2017 - 2026) Analysis & Trends
nVent Electric has reported Operating Expenses for 10 years, with the latest figure at $257.3 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $257.3 million, up 19.62% year-over-year; the trailing twelve-month figure through Jun 2026 was $960.7 million (up 26.56% YoY), and the FY2025 annual result was $852.3 million, up 24.97% from the prior year.
- Operating Expenses rose to $257.3 million in Q2 2026, from $249.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $257.3 million in Q2 2026 and troughed at $24.1 million in Q4 2022.
- A 5-year average of $180.1 million and a median of $178.5 million in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2022, when Operating Expenses slumped 84.77%; it then jumped 559.75% in 2023.
- A 5-year view of Operating Expenses shows it stood at $24.1 million in 2022, then jumped by 559.75% to $159.0 million in 2023, then climbed by 14.72% to $182.4 million in 2024, then climbed by 23.41% to $225.1 million in 2025, then climbed by 14.3% to $257.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $257.3 million in Q2 2026, $249.9 million in Q1 2026, and $225.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 173.34 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 257.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 264.40 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 72.69 Mn |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | 158.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 257.30 Mn |
| Mar 31, 2026 | 249.90 Mn |
| Dec 31, 2025 | 225.10 Mn |
| Sep 30, 2025 | 228.40 Mn |
| Jun 30, 2025 | 215.10 Mn |
| Mar 31, 2025 | 183.70 Mn |
| Dec 31, 2024 | 182.40 Mn |
| Sep 30, 2024 | 177.90 Mn |
| Jun 30, 2024 | 162.70 Mn |
| Mar 31, 2024 | 159.00 Mn |
| Dec 31, 2023 | 159.00 Mn |
| Sep 30, 2023 | 162.90 Mn |
| Jun 30, 2023 | 185.20 Mn |
| Mar 31, 2023 | 179.10 Mn |
| Dec 31, 2022 | 24.10 Mn |
| Sep 30, 2022 | 169.50 Mn |
| Jun 30, 2022 | 163.10 Mn |
| Mar 31, 2022 | 157.20 Mn |
| Dec 31, 2021 | 158.20 Mn |
| Sep 30, 2021 | 152.80 Mn |