nVent Electric plc Electrical Connections — R&D increased by 7.4% to $5.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.5%, from $5.20M to $5.80M. Over 3 years (FY 2022 to FY 2025), Electrical Connections — R&D shows an upward trend with a 14.0% CAGR.
Higher spending signals a commitment to long-term innovation, while lower spending may suggest a focus on short-term cost control.
Expenditures dedicated to the innovation, design, and improvement of electrical connection and fastening technologies. T...
Standard metric for technology-driven industrial firms; reflects the intensity of innovation cycles.
nvt_segment_electrical_connections_research_and_development| 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 | $3.68M | $3.68M | $3.68M | $3.68M | $4.95M | $4.95M | $4.95M | $4.95M | $6.30M | $6.20M | $5.60M | $5.60M | $5.20M | $5.60M | $5.60M | $5.40M | $5.80M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +34.7% | +0.0% | +0.0% | +0.0% | +27.3% | -1.6% | -9.7% | +0.0% | -7.1% | +7.7% | +0.0% | -3.6% | +7.4% |
| YoY Change | — | — | — | — | +34.7% | +34.7% | +34.7% | +34.7% | +27.3% | +25.3% | +13.1% | +13.1% | -17.5% | -9.7% | +0.0% | -3.6% | +11.5% |