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| 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 |
| 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 |