nVent Electric (NVT) Work In Process (2017 - 2026)
nVent Electric (NVT) posted quarterly Work In Process of $46.4 million for Q2 2026, up 101.74% year-over-year from $23.0 million in Q2 2025, and up 13.73% on a QoQ basis from $40.8 million in Q1 2026.
nVent Electric (NVT) Work In Process (2017 - 2026) Analysis & Trends
nVent Electric has reported Work In Process for 10 years, with the latest figure at $46.4 million in Q2 2026.
- Work In Process for Q2 2026 came in at $46.4 million, up 101.74% year-over-year; the trailing twelve-month figure through Jun 2026 was $46.4 million (up 101.74% YoY), and the FY2025 annual result was $31.2 million, up 97.47% from the prior year.
- Work In Process grew to $46.4 million in Q2 2026, from $40.8 million in the prior quarter.
- Over five years, Work In Process peaked at $46.4 million in Q2 2026 and troughed at $15.8 million in Q4 2024.
- A 5-year average of $32.6 million and a median of $34.2 million in 2024 frame the typical range for Work In Process.
- The widest annual swing landed in 2024, when Work In Process slumped 43.63%; it then jumped 121.74% in 2026.
- A 5-year view of Work In Process shows it stood at $36.2 million in 2022, then sank by 35.08% to $23.5 million in 2023, then tumbled by 32.77% to $15.8 million in 2024, then soared by 97.47% to $31.2 million in 2025, then soared by 48.72% to $46.4 million in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $46.4 million in Q2 2026, $40.8 million in Q1 2026, and $31.2 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 46.40 Mn |
| 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 |