Business Segments · Cost of goods sold
Systems Protection — Cost of goods sold
nVent Electric plc Systems Protection — Cost of goods sold increased by 19.8% to $586.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 80.5%, from $324.90M to $586.40M. Over 3 years (FY 2022 to FY 2025), Systems Protection — Cost of goods sold shows an upward trend with a 18.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026
Rolls up toTotal Cost of Revenue
How to read this metric
A rising ratio relative to sales indicates margin compression, while a falling ratio suggests improved production efficiency.
Detailed definition
Represents the direct costs attributable to the production of the goods sold by the segment, including raw materials, la...
Peer comparison
Standard operating metric for all manufacturing and industrial segments.
Metric ID:
nvt_segment_systems_protection_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 | $256.18M | $256.18M | $256.18M | $256.18M | $252.90M | $252.90M | $252.90M | $252.90M | $280.60M | $270.00M | $302.70M | $290.10M | $324.90M | $401.50M | $470.50M | $489.60M | $586.40M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -1.3% | +0.0% | +0.0% | +0.0% | +11.0% | -3.8% | +12.1% | -4.2% | +12.0% | +23.6% | +17.2% | +4.1% | +19.8% |
| YoY Change | — | — | — | — | -1.3% | -1.3% | -1.3% | -1.3% | +11.0% | +6.8% | +19.7% | +14.7% | +15.8% | +48.7% | +55.4% | +68.8% | +80.5% |
Range$252.90M – $586.40M
CAGR+23.0%
Avg YoY Growth+24.3%
Median YoY Growth+14.7%
Current Streak5 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is nVent Electric plc's systems protection — cost of goods sold?
- nVent Electric plc (NVT) reported systems protection — cost of goods sold of $586.40M in Q1 2026.
- How has nVent Electric plc's systems protection — cost of goods sold changed year-over-year?
- nVent Electric plc's systems protection — cost of goods sold increased by 80.5% year-over-year, from $324.90M to $586.40M.
- What is the long-term trend for nVent Electric plc's systems protection — cost of goods sold?
- Over 3 years (2022 to 2025), nVent Electric plc's systems protection — cost of goods sold has grown at a 18.1% compound annual growth rate (CAGR), from $1.02B to $1.69B.
- What does systems protection — cost of goods sold mean?
- The direct costs incurred to produce the products sold by the segment.