What is nVent Electric plc's R&D?

nVent Electric plc (NVT) reported R&D of $22.7M 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 $17.5M to $22.7M.

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 $48.6M to $78.5M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

nVent Electric plc NVT R&D

R&D at other companies

PentairPNR

$24.5M+3.8%

Eaton CorporationETN

$211M+6.6%

Powell IndustriesPOWL

$4.29M+56.2%

Resideo Technologies, Inc.REZI

$48M+37.1%

LittelfuseLFUS

$29.74M+14.2%

Segments

By segment

See full

Systems Protection$15.1M+42.5%

Electrical Connections$5.8M+11.5%

Other financials

Income statement

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Revenue$1.2B+53.5%

Gross profit$445.6M+42.0%

Operating income$195.7M+50.5%

Net income$142.4M-60.5%

EPS (diluted)$0.87-59.7%

Balance sheet

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Cash & equivalents$190.0M-85.9%

Total debt$1.7B-9.5%

Total equity$3.8B+5.0%

Total assets$7.0B+3.5%

Cash flow

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Operating cash flow$85.2M+41.5%

CapEx$36.1M+71.1%

Free cash flow$49.1M+25.6%

Valuation

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Market cap$27.43B+131%

Enterprise value$28.94B+112%

P/E55.8×+35.5×

P/S6.3×+2.8×

Profitability

See full

Gross margin37%-2.9pp

Operating margin15.8%-1.3pp

Net margin11.4%-7.7pp

FCF margin9.6%-7.7pp

Returns & leverage

See full

Return on equity13.3%-3.9pp

Debt / equity0.4×-0.1×

Current ratio1.7×-1.2×

Where this comes from

Reported directly by nVent Electric plc in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: nVent Electric plc’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is nVent Electric plc's R&D?: nVent Electric plc (NVT) reported R&D of $22.7M 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 $17.5M to $22.7M.
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 $48.6M to $78.5M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.