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| Date | Value |
|---|---|
| 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 |