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

nVent Electric has reported Research & Development for 10 years, with the latest figure at $22.7 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 29.71% year-over-year to $22.7 million; the trailing twelve-month figure through Mar 2026 stood at $83.7 million (up 24.37% YoY), and the FY2025 full-year result was $78.5 million, up 18.76% from the prior year.
• Research & Development for Q1 2026 stood at $22.7 million, up from $21.3 million in the prior quarter.
• The five-year high for Research & Development was $22.7 million in Q1 2026, with the low at $1.1 million in Q4 2022.
• Average Research & Development over 5 years is $16.3 million, with a median of $16.5 million recorded in 2024.
• Year-over-year, Research & Development tumbled 91.13% in 2022 and surged 1263.64% in 2023.
• Tracing NVT's Research & Development over 5 years: 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 climbed 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