nVent Electric (NVT) Operating Expenses (2017 - 2026)
nVent Electric's (NVT) 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 (NVT) Operating Expenses (2017 - 2026) Analysis & Trends
nVent Electric's Operating Expenses history runs 10 years deep, the most recent figure standing at $249.9 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 36.04% year-over-year to $249.9 million in Q1 2026; TTM through Mar 2026 was $918.5 million, a 29.97% increase from a year earlier, with the FY2025 full-year figure at $852.3 million, up 24.97% from the prior year.
- Operating Expenses rose to $249.9 million in Q1 2026 per NVT's latest filing, from $225.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $249.9 million in Q1 2026 and bottomed at $24.1 million in Q4 2022.
- The 5-year median for Operating Expenses is $177.9 million (2024), against an average of $175.5 million.
- Across the five-year window, Operating Expenses tumbled 84.77% in 2022 and soared 559.75% in 2023, its largest moves.
- Year by year, Operating Expenses stood at $24.1 million in 2022, then surged by 559.75% to $159.0 million in 2023, then grew by 14.72% to $182.4 million in 2024, then grew by 23.41% to $225.1 million in 2025, then climbed by 11.02% to $249.9 million in 2026.
- Per Business Quant, the three latest NVT Operating Expenses figures stand at $249.9 million (Q1 2026), $225.1 million (Q4 2025), and $228.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 2.76 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 153.35 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 241.50 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 249.90 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 413.10 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 30.13 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 589.73 Mn |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn | 69.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |