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
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