Companies /Industrials

nVent Electric plc

NYSE: NVT Electrical Equipment & Parts
$148.15
▲ $0.85 (+0.57%) today
Markets open · 4:04pm ET

Q2 2026 Earnings

Reported Jul 31, 2026, 6:40am ET · SEC source
$1.45
Beat +24.59%
EPS · est. $1.16
$1.5B
Beat +16.90%
Revenue · est. $1.3B
−6.2%
Trailing market
NVT vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−6%−3%0+3%Jul 31Jul 31report 6:40am ETearnings−0.1%−4.5%
−6%−3%0+3%Jul 31Jul 31earnings−0.1%−4.5%
NVT −4.5%S&P 500 −0.1%
−6%−3%0+3%Jul 31Jul 31report 6:40am ETearnings−1.0%−4.5%
−6%−3%0+3%Jul 31Jul 31earnings−1.0%−4.5%
NVT −4.5%NASDAQ −1.0%
−12%−6%0+6%Jul 30Aug 7report 6:40am ETearnings+3.7%+4.6%
−12%−6%0+6%Jul 30Aug 7earnings+3.7%+4.6%
NVT +4.6%S&P 500 +3.7%
−12%−6%0+6%Jul 30Aug 7report 6:40am ETearnings+4.5%+4.6%
−12%−6%0+6%Jul 30Aug 7earnings+4.5%+4.6%
NVT +4.6%NASDAQ +4.5%
+6.24%
Day of report
+3.63%
Next session
+7.06%
One week
−4.24%
30 days

S&P 500 over the same 30 days: +1.97%.

Did NVT Beat Earnings? Q2 2026 Results

nVent Electric plc delivered a decisive earnings beat in Q2 2026, with adjusted EPS of $1.45 clearing the $1.16 consensus estimate by 24.59%, marking the fifth consecutive quarter the company has beaten Wall Street's profit expectations. Revenue surged 52.8% year over year to $1.47 billion, topping the $1.26 billion consensus by 16.90%, as an extraordinary wave of data center demand powered the company's Systems Protection segment to $1.07 billion in net sales, up 70% year over year with 62% organic growth. New products alone contributed more than 30 points to sales growth, reflecting how thoroughly nVent's pivot toward liquid cooling and data center infrastructure has reshaped its earnings profile. Operating cash flow from continuing operations more than doubled to $188.80 million, underscoring the quality behind the headline growth. With backlog visibility extending well into 2027, management sharply raised full-year 2026 guidance, now projecting adjusted EPS of $5.00 to $5.10 and organic sales growth of 32% to 34%, both well ahead of prior targets.

Key Takeaways
  • Significant data center growth driving Systems Protection segment
  • New products contributed more than 30 points to sales growth
  • Portfolio transformation strategy centered on liquid cooling and data center infrastructure
  • Organic sales growth of 47% in Q2
  • Systems Protection organic growth of 62%

“Our portfolio transformation continued to drive performance as we had another tremendous quarter, with record sales and earnings per share.”

nVent Electric CEO, on the earnings call

Forward Guidance & Outlook

nVent significantly raised full-year 2026 guidance: reported sales growth of 37-39% (up from 26-28%), organic sales growth of 32-34% (up from 21-23%), GAAP EPS of $4.29-$4.39 (up from $3.68-$3.78), and adjusted EPS of $5.00-$5.10 (up from $4.45-$4.55). For Q3 2026, the company expects reported and organic sales growth of 32-35%, GAAP EPS of $1.18-$1.21, and adjusted EPS of $1.35-$1.38. The company announced another manufacturing expansion for liquid cooling to meet continued data center demand.

NVT YoY Financials

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$500.0M$1.0B$1.5B$963.1M$1.5BRevenue$371.8M$558.0MGross Profit$156.7M$300.7MOperating Income$109.5M$215.8MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income

NVT Revenue by Segment

Systems Protection$1.1B+69.6%
Electrical Connections$399.2M+20.6%

Figures from SEC filings and company reports. Not investment advice.