nVent Electric (NVT) Work In Process (2017 - 2026)
nVent Electric's (NVT) quarterly Work In Process came in at $40.8 million in Q1 2026, up 121.74% year-on-year from $18.4 million in Q1 2025, and up 30.77% quarter-over-quarter from $31.2 million in Q4 2025.
nVent Electric (NVT) Work In Process (2017 - 2026) Analysis & Trends
nVent Electric's Work In Process history runs 10 years deep, the most recent figure standing at $40.8 million for Q1 2026.
- On a quarterly basis, Work In Process rose 121.74% year-over-year to $40.8 million in Q1 2026; TTM through Mar 2026 was $40.8 million, a 121.74% increase from a year earlier, with the FY2025 full-year figure at $31.2 million, up 97.47% from the prior year.
- Work In Process climbed to $40.8 million in Q1 2026 per NVT's latest filing, from $31.2 million in the prior quarter.
- Across five years, Work In Process topped out at $46.3 million in Q2 2023 and bottomed at $15.8 million in Q4 2024.
- The 5-year median for Work In Process is $32.2 million (2024), against an average of $31.8 million.
- Across the five-year window, Work In Process tumbled 43.63% in 2024 and soared 121.74% in 2026, its largest moves.
- Year by year, Work In Process stood at $36.2 million in 2022, then slumped by 35.08% to $23.5 million in 2023, then plunged by 32.77% to $15.8 million in 2024, then jumped by 97.47% to $31.2 million in 2025, then jumped by 30.77% to $40.8 million in 2026.
- Per Business Quant, the three latest NVT Work In Process figures stand at $40.8 million (Q1 2026), $31.2 million (Q4 2025), and $26.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 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 |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 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 |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.80 Mn |
| Dec 31, 2025 | 31.20 Mn |
| Sep 30, 2025 | 26.40 Mn |
| Jun 30, 2025 | 23.00 Mn |
| Mar 31, 2025 | 18.40 Mn |
| Dec 31, 2024 | 15.80 Mn |
| Sep 30, 2024 | 20.80 Mn |
| Jun 30, 2024 | 32.20 Mn |
| Mar 31, 2024 | 32.20 Mn |
| Dec 31, 2023 | 23.50 Mn |
| Sep 30, 2023 | 36.90 Mn |
| Jun 30, 2023 | 46.30 Mn |
| Mar 31, 2023 | 41.60 Mn |
| Dec 31, 2022 | 36.20 Mn |
| Sep 30, 2022 | 38.40 Mn |
| Jun 30, 2022 | 37.60 Mn |
| Mar 31, 2022 | 38.70 Mn |
| Dec 31, 2021 | 33.30 Mn |
| Sep 30, 2021 | 32.90 Mn |
| Jun 30, 2021 | 30.20 Mn |