nVent Electric NVT
NYSE NVT
$158.62 -3.95 (-2.43%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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