nVent Electric (NVT) Research & Development (2017 - 2026)
nVent Electric (NVT) posted quarterly Research & Development of $24.5 million for Q2 2026, up 28.27% year-over-year from $19.1 million in Q2 2025, and up 7.93% on a QoQ basis from $22.7 million in Q1 2026.
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.
- Research & Development for Q2 2026 came in at $24.5 million, up 28.27% year-over-year; the trailing twelve-month figure through Jun 2026 was $89.1 million (up 27.47% YoY), and the FY2025 annual result was $78.5 million, up 18.76% from the prior year.
- Research & Development grew to $24.5 million in Q2 2026, from $22.7 million in the prior quarter.
- Over five years, Research & Development peaked at $24.5 million in Q2 2026 and troughed at $1.1 million in Q4 2022.
- A 5-year average of $16.7 million and a median of $16.6 million in 2023 frame the typical range for Research & Development.
- The widest annual swing landed in 2022, when Research & Development slumped 91.13%; it then soared 1263.64% in 2023.
- A 5-year view of Research & Development shows it stood at $1.1 million in 2022, then soared by 1263.64% to $15.0 million in 2023, then advanced by 14.67% to $17.2 million in 2024, then increased by 23.84% to $21.3 million in 2025, then increased by 15.02% to $24.5 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $24.5 million in Q2 2026, $22.7 million in Q1 2026, and $21.3 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | - |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 58.87 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 24.50 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 65.00 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 4.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | - |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 7.67 Mn |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | - |
Historic Data
Download 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 |