nVent Electric (NVT) Operating Expenses (2017 - 2026)
nVent Electric (NVT) posted Operating Expenses of $257.3 million for Q2 2026, up 2.96% on a QoQ basis from $249.9 million in Q1 2026, and up 19.62% year-over-year from $215.1 million in Q2 2025.
Analysis
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.
- On a quarterly basis, Operating Expenses rose 19.62% year-over-year to $257.3 million in Q2 2026; TTM through Jun 2026 was $960.7 million, a 26.56% increase from a year earlier, with the FY2025 full-year figure at $852.3 million, up 24.97% from the prior year.
- Operating Expenses was $257.3 million for Q2 2026 at nVent Electric, up from $249.9 million in the prior quarter.
- The five-year high for Operating Expenses was $257.3 million in Q2 2026, with the low at $24.1 million in Q4 2022.
- Average Operating Expenses over 5 years is $180.1 million, with a median of $178.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 84.77% in 2022, then surged 559.75% in 2023.
- Over 5 years, Operating Expenses stood at $24.1 million in 2022, then soared by 559.75% to $159.0 million in 2023, then increased by 14.72% to $182.4 million in 2024, then increased by 23.41% to $225.1 million in 2025, then increased by 14.3% to $257.3 million in 2026.
- The last three Operating Expenses figures came in at $257.3 million (Q2 2026), $249.9 million (Q1 2026), and $225.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 204.03 Bn | 198.05 Bn | 3.55 Bn | 963.40 Mn |
| 2 | Eaton | 159.57 Bn | 158.92 Bn | 2.86 Bn | 1.46 Bn |
| 3 | Vertiv Holdings | 107.98 Bn | 104.87 Bn | 1.23 Bn | 490.50 Mn |
| 4 | TE Connectivity | 60.39 Bn | 59.30 Bn | 1.84 Bn | 92.00 Mn |
| 5 | nVent Electric | 25.25 Bn | 25.00 Bn | 558.00 Mn | 257.30 Mn |
| 6 | Hubbell | 24.33 Bn | 23.94 Bn | 613.00 Mn | 264.40 Mn |
| 7 | Advanced Energy Industries | 11.24 Bn | 9.82 Bn | 236.10 Mn | 141.00 Mn |
| 8 | Aptiv | 9.99 Bn | 9.23 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Valmont Industries | 9.29 Bn | 9.16 Bn | 340.82 Mn | 174.71 Mn |
| 10 | Vicor | 8.66 Bn | 8.21 Bn | 83.12 Mn | 48.24 Mn |
Historic Data
Download Data
Historic 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 |