nVent Electric (NVT) Work In Process (2017 - 2026)

nVent Electric (NVT) recorded quarterly Work In Process of $40.8 million in Q1 2026, up 30.77% quarter-over-quarter from $31.2 million in Q4 2025, and up 121.74% on a YoY basis from $18.4 million in Q1 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.

  • In Q1 2026, Work In Process rose 121.74% year-over-year to $40.8 million; the TTM figure through Mar 2026 stood at $40.8 million (up 121.74% YoY), while the FY2025 annual figure was $31.2 million, up 97.47% from the prior year.
  • Work In Process was $40.8 million for Q1 2026 at nVent Electric, up from $31.2 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $46.3 million in Q2 2023 to a low of $15.8 million in Q4 2024.
  • Historically, Work In Process has averaged $31.8 million across 5 years, with a median of $32.2 million in 2024.
  • The sharpest annual moves came in 2024 and 2026: Work In Process tumbled 43.63% in 2024, then jumped 121.74% in 2026.
  • A 5-year view of Work In Process shows it stood at $36.2 million in 2022, then plunged by 35.08% to $23.5 million in 2023, then slumped 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.
  • The last three Work In Process figures came in at $40.8 million (Q1 2026), $31.2 million (Q4 2025), and $26.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 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
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 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 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