nVent Electric (NVT) Research & Development (2017 - 2026)

nVent Electric's (NVT) quarterly Research & Development came in at $22.7 million in Q1 2026, up 29.71% year-on-year from $17.5 million in Q1 2025, and up 6.57% quarter-over-quarter from $21.3 million in Q4 2025.

nVent Electric (NVT) Research & Development (2017 - 2026) Analysis & Trends

nVent Electric's Research & Development history runs 10 years deep, the most recent figure standing at $22.7 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 29.71% year-over-year to $22.7 million in Q1 2026; TTM through Mar 2026 was $83.7 million, a 24.37% increase from a year earlier, with the FY2025 full-year figure at $78.5 million, up 18.76% from the prior year.
  • Research & Development grew to $22.7 million in Q1 2026 per NVT's latest filing, from $21.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $22.7 million in Q1 2026 and bottomed at $1.1 million in Q4 2022.
  • The 5-year median for Research & Development is $16.5 million (2024), against an average of $16.3 million.
  • Across the five-year window, Research & Development tumbled 91.13% in 2022 and surged 1263.64% in 2023, its largest moves.
  • Year by year, Research & Development stood at $1.1 million in 2022, then jumped by 1263.64% to $15.0 million in 2023, then grew by 14.67% to $17.2 million in 2024, then climbed by 23.84% to $21.3 million in 2025, then advanced by 6.57% to $22.7 million in 2026.
  • Per Business Quant, the three latest NVT Research & Development figures stand at $22.7 million (Q1 2026), $21.3 million (Q4 2025), and $20.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 1.48 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn -
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 56.85 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn -
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 22.70 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 62.40 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 4.29 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 6.76 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.70 Mn
Dec 31, 2025 21.30 Mn
Sep 30, 2025 20.60 Mn
Jun 30, 2025 19.10 Mn
Mar 31, 2025 17.50 Mn
Dec 31, 2024 17.20 Mn
Sep 30, 2024 16.10 Mn
Jun 30, 2024 16.50 Mn
Mar 31, 2024 16.30 Mn
Dec 31, 2023 15.00 Mn
Sep 30, 2023 14.50 Mn
Jun 30, 2023 17.50 Mn
Mar 31, 2023 16.70 Mn
Dec 31, 2022 1.10 Mn
Sep 30, 2022 14.70 Mn
Jun 30, 2022 14.60 Mn
Mar 31, 2022 15.20 Mn
Dec 31, 2021 12.40 Mn
Sep 30, 2021 13.10 Mn
Jun 30, 2021 11.70 Mn