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

nVent Electric (NVT) recorded quarterly Research & Development of $22.7 million in Q1 2026, up 6.57% quarter-over-quarter from $21.3 million in Q4 2025, and up 29.71% on a YoY basis from $17.5 million in Q1 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.

  • In Q1 2026, Research & Development rose 29.71% year-over-year to $22.7 million; the TTM figure through Mar 2026 stood at $83.7 million (up 24.37% YoY), while the FY2025 annual figure was $78.5 million, up 18.76% from the prior year.
  • Research & Development was $22.7 million for Q1 2026 at nVent Electric, up from $21.3 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $22.7 million in Q1 2026 to a low of $1.1 million in Q4 2022.
  • Historically, Research & Development has averaged $16.3 million across 5 years, with a median of $16.5 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Research & Development tumbled 91.13% in 2022, then soared 1263.64% in 2023.
  • A 5-year view of Research & Development shows it stood at $1.1 million in 2022, then jumped by 1263.64% to $15.0 million in 2023, then climbed by 14.67% to $17.2 million in 2024, then rose by 23.84% to $21.3 million in 2025, then advanced by 6.57% to $22.7 million in 2026.
  • The last three Research & Development figures came in at $22.7 million (Q1 2026), $21.3 million (Q4 2025), and $20.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn -
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 56.85 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 22.70 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn -
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 62.40 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 4.29 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 10.94 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -
10 EnerSys 8.53 Bn 8.10 Bn 290.87 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