Growth Metrics

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

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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
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