Operating Expenses

R&D

nVent Electric plc R&D increased by 6.6% to $22.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 29.7%, from $17.50M to $22.70M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 12.7% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

High spending signals a commitment to future growth and innovation, though it reduces current period earnings.

Detailed definition

Expenses related to the development of new products, services, and technologies, as well as the improvement of existing...

Peer comparison

Tech leaders often spend a significant percentage of revenue on R&D to prevent disruption by competitors.

Metric ID: research_and_development

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.70M$13.10M$12.40M$15.20M$14.60M$14.70M$1.10M$16.70M$17.50M$14.50M$6.50M$16.30M$16.50M$16.10M$17.20M$17.50M$19.10M$20.60M$21.30M$22.70M
QoQ Change+12.0%-5.3%+22.6%-3.9%+0.7%-92.5%>999%+4.8%-17.1%-55.2%+150.8%+1.2%-2.4%+6.8%+1.7%+9.1%+7.9%+3.4%+6.6%
YoY Change+24.8%+12.2%-91.1%+9.9%+19.9%-1.4%+490.9%-2.4%-5.7%+11.0%+164.6%+7.4%+15.8%+28.0%+23.8%+29.7%
Range$1.10M$22.70M
CAGR+15.0%
Avg YoY Growth+46.1%
Median YoY Growth+14.0%
Current Streak6 quarters growth

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Systems Protection$10.60M$11.60M$13.20M$13.90M$15.10M
Electrical Connections$5.20M$5.60M$5.60M$5.40M$5.80M
Total$17.50M$19.10M$20.60M$21.30M$22.70M

Frequently Asked Questions

What is nVent Electric plc's r&d?
nVent Electric plc (NVT) reported r&d of $22.70M 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 $17.50M to $22.70M.
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 $48.60M to $78.50M.
What does r&d mean?
The money spent on creating new technology and improving existing products.