nVent Electric (NVT) Work In Process (2017 - 2026)
nVent Electric's 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 has reported Work In Process for 10 years, with the latest figure at $40.8 million in Q1 2026.
- For the quarter ending Q1 2026, Work In Process rose 121.74% year-over-year to $40.8 million; the trailing twelve-month figure through Mar 2026 stood at $40.8 million (up 121.74% YoY), and the FY2025 full-year result was $31.2 million, up 97.47% from the prior year.
- Work In Process for Q1 2026 stood at $40.8 million, up from $31.2 million in the prior quarter.
- The five-year high for Work In Process was $46.3 million in Q2 2023, with the low at $15.8 million in Q4 2024.
- Average Work In Process over 5 years is $31.8 million, with a median of $32.2 million recorded in 2024.
- Year-over-year, Work In Process tumbled 43.63% in 2024 and soared 121.74% in 2026.
- Tracing NVT's Work In Process over 5 years: stood at $36.2 million in 2022, then tumbled by 35.08% to $23.5 million in 2023, then sank by 32.77% to $15.8 million in 2024, then surged by 97.47% to $31.2 million in 2025, then surged 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 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 |
| Mar 31, 2021 | 26.80 Mn |
| Dec 31, 2020 | 24.40 Mn |
| Sep 30, 2020 | 25.50 Mn |
| Jun 30, 2020 | 25.80 Mn |
| Mar 31, 2020 | 27.60 Mn |
| Dec 31, 2019 | 25.60 Mn |
| Sep 30, 2019 | 28.60 Mn |
| Jun 30, 2019 | 26.40 Mn |
| Mar 31, 2019 | 26.50 Mn |
| Dec 31, 2018 | 25.30 Mn |
| Sep 30, 2018 | 25.90 Mn |
| Jun 30, 2018 | 25.00 Mn |
| Mar 31, 2018 | 25.40 Mn |
| Dec 31, 2017 | 25.20 Mn |