Operating Income
Gross Profit
nVent Electric plc Gross Profit increased by 14.6% to $445.60M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 42.0%, from $313.70M to $445.60M. Over 4 years (FY 2021 to FY 2025), Gross Profit shows an upward trend with a 11.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
Higher gross profit indicates a strong ability to command premium pricing and manage production costs effectively.
Detailed definition
The profit a company makes after deducting the costs associated with making and selling its products, or the costs assoc...
Peer comparison
Premium hardware brands aim for higher gross profit margins than commodity electronics manufacturers.
Metric ID:
gross_profitHistorical 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 | $235.20M | $250.50M | $247.20M | $247.30M | $267.80M | $290.00M | $17.80M | $303.20M | $331.90M | $289.10M | $151.00M | $290.90M | $307.60M | $311.10M | $299.50M | $313.70M | $371.80M | $394.70M | $388.90M | $445.60M |
| QoQ Change | — | +6.5% | -1.3% | +0.0% | +8.3% | +8.3% | -93.9% | >999% | +9.5% | -12.9% | -47.8% | +92.6% | +5.7% | +1.1% | -3.7% | +4.7% | +18.5% | +6.2% | -1.5% | +14.6% |
| YoY Change | — | — | — | — | +13.9% | +15.8% | -92.8% | +22.6% | +23.9% | -0.3% | +748.3% | -4.1% | -7.3% | +7.6% | +98.3% | +7.8% | +20.9% | +26.9% | +29.8% | +42.0% |
Range$17.80M – $445.60M
CAGR+14.4%
Avg YoY Growth+59.6%
Median YoY Growth+18.3%
Gross Profit at Other Companies
Frequently Asked Questions
- What is nVent Electric plc's gross profit?
- nVent Electric plc (NVT) reported gross profit of $445.60M in Q1 2026.
- How has nVent Electric plc's gross profit changed year-over-year?
- nVent Electric plc's gross profit increased by 42.0% year-over-year, from $313.70M to $445.60M.
- What is the long-term trend for nVent Electric plc's gross profit?
- Over 4 years (2021 to 2025), nVent Electric plc's gross profit has grown at a 11.8% compound annual growth rate (CAGR), from $941.90M to $1.47B.
- What does gross profit mean?
- The money left over from sales after paying for the direct cost of goods sold.