nVent Electric (NVT) Research & Development (2017 - 2026)
nVent Electric (NVT) posted Research & Development of $24.5 million for Q2 2026, up 7.93% on a QoQ basis from $22.7 million in Q1 2026, and up 28.27% year-over-year from $19.1 million in Q2 2025.
Analysis
nVent Electric (NVT) Research & Development (2017 - 2026) Analysis & Trends
nVent Electric has reported Research & Development for 10 years, with the latest figure at $24.5 million in Q2 2026.
- On a quarterly basis, Research & Development rose 28.27% year-over-year to $24.5 million in Q2 2026; TTM through Jun 2026 was $89.1 million, a 27.47% increase from a year earlier, with the FY2025 full-year figure at $78.5 million, up 18.76% from the prior year.
- Research & Development was $24.5 million for Q2 2026 at nVent Electric, up from $22.7 million in the prior quarter.
- The five-year high for Research & Development was $24.5 million in Q2 2026, with the low at $1.1 million in Q4 2022.
- Average Research & Development over 5 years is $16.7 million, with a median of $16.6 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Research & Development slumped 91.13% in 2022, then jumped 1263.64% in 2023.
- Over 5 years, Research & Development stood at $1.1 million in 2022, then surged by 1263.64% to $15.0 million in 2023, then grew by 14.67% to $17.2 million in 2024, then gained by 23.84% to $21.3 million in 2025, then gained by 15.02% to $24.5 million in 2026.
- The last three Research & Development figures came in at $24.5 million (Q2 2026), $22.7 million (Q1 2026), and $21.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 204.03 Bn | 198.05 Bn | 3.55 Bn | - |
| 2 | Eaton | 159.57 Bn | 158.92 Bn | 2.86 Bn | 227.00 Mn |
| 3 | Vertiv Holdings | 107.98 Bn | 104.87 Bn | 1.23 Bn | - |
| 4 | TE Connectivity | 60.39 Bn | 59.30 Bn | 1.84 Bn | 230.00 Mn |
| 5 | nVent Electric | 25.25 Bn | 25.00 Bn | 558.00 Mn | 24.50 Mn |
| 6 | Hubbell | 24.33 Bn | 23.94 Bn | 613.00 Mn | - |
| 7 | Advanced Energy Industries | 11.24 Bn | 9.82 Bn | 236.10 Mn | 65.00 Mn |
| 8 | Aptiv | 9.99 Bn | 9.23 Bn | 775.00 Mn | - |
| 9 | Valmont Industries | 9.29 Bn | 9.16 Bn | 340.82 Mn | - |
| 10 | Vicor | 8.66 Bn | 8.21 Bn | 83.12 Mn | 20.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.50 Mn |
| 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 |