nVent Electric plc R&D increased by 6.6% to $22.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.7%, from $17.50M to $22.70M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 12.7% CAGR.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.
Detailed definition
Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...
Peer comparison
Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.
Metric ID:
research_and_developmentHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.70M | $13.10M | $12.40M | $15.20M | $14.60M | $14.70M | $1.10M | $16.70M | $17.50M | $14.50M | $6.50M | $16.30M | $16.50M | $16.10M | $17.20M | $17.50M | $19.10M | $20.60M | $21.30M | $22.70M |
| QoQ Change | — | +12.0% | -5.3% | +22.6% | -3.9% | +0.7% | -92.5% | >999% | +4.8% | -17.1% | -55.2% | +150.8% | +1.2% | -2.4% | +6.8% | +1.7% | +9.1% | +7.9% | +3.4% | +6.6% |
| YoY Change | — | — | — | — | +24.8% | +12.2% | -91.1% | +9.9% | +19.9% | -1.4% | +490.9% | -2.4% | -5.7% | +11.0% | +164.6% | +7.4% | +15.8% | +28.0% | +23.8% | +29.7% |
Range$1.10M – $22.70M
CAGR+15.0%
Avg YoY Growth+46.1%
Median YoY Growth+14.0%
Current Streak6 quarters growth
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Systems Protection | $10.60M | $11.60M | $13.20M | $13.90M | $15.10M |
| Electrical Connections | $5.20M | $5.60M | $5.60M | $5.40M | $5.80M |
| Total | $17.50M | $19.10M | $20.60M | $21.30M | $22.70M |
R&D at Other Companies
Frequently Asked Questions
- What is nVent Electric plc's r&d?
- nVent Electric plc (NVT) reported r&d of $22.70M in Q1 2026.
- How has nVent Electric plc's r&d changed year-over-year?
- nVent Electric plc's r&d increased by 29.7% year-over-year, from $17.50M to $22.70M.
- What is the long-term trend for nVent Electric plc's r&d?
- Over 4 years (2021 to 2025), nVent Electric plc's r&d has grown at a 12.7% compound annual growth rate (CAGR), from $48.60M to $78.50M.
- What does r&d mean?
- The money spent on creating new products or improving existing ones to drive future growth.