nVent Electric plcNVTEarnings & Financial Report
NVent Electric plc is an American-British multinational company providing electrical connection and enclosure products. The company designs, manufactures, markets, and services products used to connect, protect, and manage electrical systems in commercial, industrial, residential, infrastructure, and data center applications.
Revenue
$809.3M
Gross Profit
$313.7M
Operating Profit
$130.0M
Net Profit
$360.7M
Gross Margin
38.8%
Operating Margin
16.1%
Net Margin
44.6%
YoY Growth
-7.5%
EPS
$2.16
nVent Electric plc Q1 FY2025 Financial Summary
nVent Electric plc reported revenue of $809.3M (down 7.5% YoY) for Q1 FY2025, with a net profit of $360.7M (up 243.2% YoY) (44.6% margin). Cost of goods sold was $495.6M, operating expenses totaled $183.7M.
Key Financial Metrics
| Total Revenue | $809.3M |
|---|---|
| Net Profit | $360.7M |
| Gross Margin | 38.8% |
| Operating Margin | 16.1% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
nVent Electric plc Q1 FY2025 revenue of $809.3M breaks down across 6 segments, led by Electricaland Fastening Solutions Segment at $255.0M (31.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Electricaland Fastening Solutions Segment | $255.0M | 31.5% |
| Industrial Sector | $223.4M | 27.6% |
| Infrastructure Sector | $218.0M | 26.9% |
| Commercial And Residential Sector | $58.9M | 7.3% |
| Discontinued Operations Heldforsale | $40.5M | 5.0% |
| Energy Sector | $7.9M | 1.0% |
nVent Electric plc Revenue by Segment — Quarterly Trend
nVent Electric plc revenue by segment across the last 4 reported quarters, showing how each business line (such as Electricaland Fastening Solutions Segment and Industrial Sector) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Electricaland Fastening Solutions Segment | $278.0M | $290.6M | — | $255.0M |
| Industrial Sector | $554.0M | $265.8M | — | $223.4M |
| Infrastructure Sector | — | $373.3M | $292.4M | $218.0M |
| Commercial And Residential Sector | — | — | $73.5M | $58.9M |
| Discontinued Operations Heldforsale | — | — | — | $40.5M |
nVent Electric plc Annual Revenue by Year
nVent Electric plc annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $3.9B |
| 2024 | $3.0B |
| 2023 | $2.7B |
nVent Electric plc Quarterly Revenue & Net Profit History
nVent Electric plc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $1.1B | +127.3% | $118.8M | 11.1% |
| Q3 FY2025 | $1.1B | +34.8% | $121.2M | 11.5% |
| Q2 FY2025 | $963.1M | +9.4% | $109.5M | 11.4% |
| Q1 FY2025 | $809.3M | -7.5% | $360.7M | 44.6% |
| Q4 FY2024 | $469.2M | -45.5% | $10.7M | 2.3% |
| Q3 FY2024 | $782.0M | -8.9% | $105.0M | 13.4% |
| Q2 FY2024 | $880.3M | +9.6% | $111.0M | 12.6% |
| Q1 FY2024 | $874.6M | +18.1% | $105.1M | 12.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $874.6M | $880.3M | $782.0M | $469.2M | $809.3M | $963.1M | $1.05B | $1.07B |
| YoY Growth | 18.1% | 9.6% | -8.9% | -45.5% | -7.5% | 9.4% | 34.8% | 127.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $6.17B | $6.19B | $6.92B | $6.73B | $6.73B | $6.74B | $6.77B | $6.85B |
| Liabilities | $2.96B | $2.90B | $3.63B | $3.50B | $3.11B | $3.22B | $3.14B | $3.12B |
| Equity | $3.21B | $3.29B | $3.28B | $3.24B | $3.62B | $3.52B | $3.63B | $3.73B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $90.0M | $130.8M | $197.7M | $224.6M | $60.2M | $-16.9M | $219.5M | $202.4M |