Growth Metrics

nVent Electric (NVT) Operating Expenses (2017 - 2026)

nVent Electric's quarterly Operating Expenses came in at $249.9 million in Q1 2026, up 36.04% year-on-year from $183.7 million in Q1 2025, and up 11.02% quarter-over-quarter from $225.1 million in Q4 2025.

nVent Electric has reported Operating Expenses for 10 years, with the latest figure at $249.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 36.04% year-over-year to $249.9 million; the trailing twelve-month figure through Mar 2026 stood at $918.5 million (up 29.97% YoY), and the FY2025 full-year result was $852.3 million, up 24.97% from the prior year.
  • Operating Expenses for Q1 2026 stood at $249.9 million, up from $225.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $249.9 million in Q1 2026, with the low at $24.1 million in Q4 2022.
  • Average Operating Expenses over 5 years is $175.5 million, with a median of $177.9 million recorded in 2024.
  • Year-over-year, Operating Expenses tumbled 84.77% in 2022 and soared 559.75% in 2023.
  • Tracing NVT's Operating Expenses over 5 years: 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 grew by 11.02% to $249.9 million in 2026.
  • The last three Operating Expenses figures came in at $249.9 million (Q1 2026), $225.1 million (Q4 2025), and $228.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 451.80 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 153.35 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 249.90 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 241.50 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 132.60 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 30.13 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 387.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 19.72 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 87.88 Mn
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn 69.85 Mn

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 146.90 Mn
Mar 31, 2021 128.60 Mn
Dec 31, 2020 122.60 Mn
Sep 30, 2020 117.90 Mn
Jun 30, 2020 115.00 Mn
Mar 31, 2020 135.00 Mn
Dec 31, 2019 137.10 Mn
Sep 30, 2019 146.90 Mn
Jun 30, 2019 134.00 Mn
Mar 31, 2019 140.80 Mn
Dec 31, 2018 132.50 Mn
Sep 30, 2018 144.70 Mn
Jun 30, 2018 163.20 Mn
Mar 31, 2018 152.50 Mn
Dec 31, 2017 154.00 Mn
Sep 30, 2017 120.50 Mn
Jun 30, 2017 120.20 Mn
Mar 31, 2017 131.10 Mn