AI-extracted from the 10-Q filed 2026-07-31 — Q2 FY2026 (six months ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
nVent delivered 53% revenue growth to $2.7B in H1 2026, driven by infrastructure/data center demand and the $1B Electrical Products Group acquisition completed May 2025.
Biggest Revenue Drivers
Systems Protection$1,966.9M+72.5% YoY
Organic growth of 56.7% from infrastructure business including data centers; acquisition contributed $166.2M.
Electrical Connections$746.4M+18.1% YoY
Organic growth of 13.1% across infrastructure, commercial & residential, and industrial verticals.
Biggest Revenue Drivers
Total revenue: $2,713.3M+53.1% YoY
Systems Protection$1,966.9M+72.5% YoY
Organic growth of 56.7% from infrastructure business including data centers; acquisition contributed $166.2M.
Electrical Connections$746.4M+18.1% YoY
Organic growth of 13.1% across infrastructure, commercial & residential, and industrial verticals.
Largest Expense Items
Cost of goods sold$1,709.7M+57.3% YoY
Inflationary increases in raw materials and labor; partially offset by supply chain efficiencies and higher sales volume leverage.
Selling, general and administrative$460.0M+27.0% YoY
Intangible amortization of $82.2M from acquisition; higher by $82.2M vs. $64.1M prior year; offset by restructuring savings.
Research and development$47.2M+29.0% YoY
Continued investment in new products and innovation to drive growth.
Margins: Gross margin declined 170 basis points to 37.0% due to inflationary cost pressures and unfavorable product mix, partially offset by higher sales leverage and manufacturing efficiencies. Operating margin expanded 210 basis points to 18.3% as SG&A deleverage was more than offset by gross profit growth.
Watch Items from the Filing
Infrastructure vertical represents ~58% of revenue ($1,576M of $2,713M H1 2026), creating concentration risk if data center/utility spending decelerates.
Remaining performance obligations of $2.5B as of June 30, 2026; company expects majority to be recognized within next 12 months, indicating strong near-term visibility.
Inflationary pressures including tariffs expected to persist throughout 2026 and beyond; company has taken selective pricing actions but full offset uncertain.
Integration of $1B Electrical Products Group acquisition ongoing; goodwill of $441.6M allocated, with $325.2M customer relationship intangibles over 16-20 year lives.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
5 transactions in NVT reported by 2 members of Congress under the STOCK Act, most recent trade Apr 15, 2026. Reported transactions, not recommendations.
About nVent Electric plc (NVT): stock profile, AI score and financials
nVent Electric plc (NVT) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores NVT at 65.6/100 on a composite quality score built from its SEC filings, placing it at rank #467 of 2,925 stocks — the top 25% of the AI-ranked universe. Based on the latest XBRL financial filings (Q2 2026), nVent Electric plc reports quarterly revenue of $1.5B, net income of $215.9M, an operating margin of 20.4%. Top institutional holders of NVT by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. NVT trades on the NYSE exchange and files with the SEC under CIK 1720635. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NVT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for nVent Electric plc directly from SEC EDGAR.