Business Segments · Cost of goods sold
Electrical Connections — Cost of goods sold
nVent Electric plc Electrical Connections — Cost of goods sold increased by 11.5% to $205.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.2%, from $166.90M to $205.70M. Over 3 years (FY 2022 to FY 2025), Electrical Connections — Cost of goods sold shows an upward trend with a 18.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toTotal Cost of Revenue
How to read this metric
An increase relative to sales suggests margin compression due to rising input costs or manufacturing inefficiencies.
Detailed definition
The direct costs attributable to the production of the electrical and fastening products sold by the segment. This inclu...
Peer comparison
Universal metric for manufacturing companies; critical for calculating gross margin.
Metric ID:
nvt_segment_electrical_connections_cost_of_goods_soldHistorical Data
17 periods
| 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 | $108.33M | $108.33M | $108.33M | $108.33M | $137.38M | $137.38M | $137.38M | $137.38M | $156.60M | $158.30M | $164.20M | $158.00M | $166.90M | $184.70M | $184.90M | $184.50M | $205.70M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +26.8% | +0.0% | +0.0% | +0.0% | +14.0% | +1.1% | +3.7% | -3.8% | +5.6% | +10.7% | +0.1% | -0.2% | +11.5% |
| YoY Change | — | — | — | — | +26.8% | +26.8% | +26.8% | +26.8% | +14.0% | +15.2% | +19.5% | +15.0% | +6.6% | +16.7% | +12.6% | +16.8% | +23.2% |
Range$108.33M – $205.70M
CAGR+17.4%
Avg YoY Growth+19.0%
Median YoY Growth+16.8%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is nVent Electric plc's electrical connections — cost of goods sold?
- nVent Electric plc (NVT) reported electrical connections — cost of goods sold of $205.70M in Q1 2026.
- How has nVent Electric plc's electrical connections — cost of goods sold changed year-over-year?
- nVent Electric plc's electrical connections — cost of goods sold increased by 23.2% year-over-year, from $166.90M to $205.70M.
- What is the long-term trend for nVent Electric plc's electrical connections — cost of goods sold?
- Over 3 years (2022 to 2025), nVent Electric plc's electrical connections — cost of goods sold has grown at a 18.5% compound annual growth rate (CAGR), from $433.30M to $721.00M.
- What does electrical connections — cost of goods sold mean?
- The direct costs required to manufacture and deliver the products sold.