nVent Electric plc (NVT) Income Statement
NVT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNVT revenue and net income
Where NVT's revenue goes
2025Each bar shows an amount and its share of revenue. NVT kept 18.2% of revenue as net income.
NVT profit margins
NVT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +29.5% | +19.3% | +14.3% | +8.0% |
| Gross profit | +21.5% | +21.3% | +14.4% | +8.2% |
| Operating income | +17.0% | +25.9% | +74.2% | +8.7% |
| Net income | +114.0% | +21.1% | — | +13.0% |
| EPS (diluted) | +18.4% | +15.6% | +17.2% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NVT quarterly EPS vs estimates
nVent Electric beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 30, 2026 (estimate $1.40).
NVT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.89B | $3.01B | $3.26B | $2.30B | $2.46B | $2.00B | $2.20B | $2.21B | $2.10B | $2.12B |
| Cost of revenue | $2.42B | $1.80B | $1.92B | $1.47B | $1.52B | $1.25B | $1.34B | $1.34B | $1.26B | $1.28B |
| Gross profit | $1.47B | $1.21B | $1.34B | $822.9M | $941.9M | $749.4M | $865.8M | $876.1M | $841.9M | $835.8M |
| Research & development | $78.5M | $66.1M | $71.5M | $45.6M | $48.6M | $43.5M | $48.2M | $45.6M | $42.5M | $40.6M |
| Sales, general & admin | $773.8M | $615.9M | $659.4M | $595.9M | $537.9M | $447.0M | $484.5M | $519.7M | $485.9M | $436.8M |
| Total operating expenses | $852.3M | $682.0M | $754.7M | $513.9M | $586.5M | $711.0M | $532.7M | $565.3M | $525.8M | $503.0M |
| Operating income | $616.8M | $527.1M | $587.4M | $309.0M | $355.4M | $38.4M | $333.1M | $310.8M | $316.1M | $332.8M |
| Interest income | $75.0M | $106.0M | $69.1M | $31.2M | $32.3M | $36.4M | $44.7M | $31.2M | $200,000 | $1.4M |
| Interest expense | $75.0M | $106.0M | $79.4M | $31.2M | $32.3M | $36.4M | $44.7M | $31.2M | $200,000 | $1.4M |
| Income before taxes | $550.0M | $429.2M | $499.5M | $336.3M | $320.7M | −$9.5M | $257.4M | $268.7M | $313.3M | $315.0M |
| Income taxes | $121.5M | $188.4M | −$67.6M | $43.2M | $47.8M | $37.7M | $34.7M | $37.9M | −$48.4M | $55.9M |
| Net income | $710.2M | $331.8M | $567.1M | $399.8M | $272.9M | −$47.2M | $222.7M | $230.8M | $361.7M | $259.1M |
| EBITDA | $832.8M | $681.2M | $587.4M | $453.9M | $461.4M | $129.5M | $398.9M | $397.0M | $411.4M | $411.6M |
| EPS (diluted) | $3.34 | $2.82 | $3.06 | $2.16 | $1.96 | $1.51 | $1.79 | $1.64 | $1.91 | $0.25 |
| Gross margin | 37.7% | 40.2% | 41.1% | 35.9% | 38.3% | 37.5% | 39.3% | 39.6% | 40.1% | 39.5% |
| Operating margin | 15.8% | 17.5% | 18.0% | 13.5% | 14.4% | 1.9% | 15.1% | 14.0% | 15.1% | 15.7% |
| Net margin | 18.2% | 11.0% | 17.4% | 17.4% | 11.1% | −2.4% | 10.1% | 10.4% | 17.2% | 12.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.47B | $1.24B | $1.07B | $1.05B | $963.1M | $809.3M | $752.2M | $782.0M | $739.8M | $732.1M | $861.2M | $715.0M |
| Cost of revenue | $913.3M | $796.4M | $677.8M | $659.3M | $591.3M | $495.6M | $452.7M | $470.9M | $432.2M | $441.2M | $507.4M | $425.9M |
| Gross profit | $558.0M | $445.6M | $388.9M | $394.7M | $371.8M | $313.7M | $299.5M | $311.1M | $307.6M | $290.9M | $353.8M | $289.1M |
| Research & development | $24.5M | $22.7M | $21.3M | $20.6M | $19.1M | $17.5M | $17.2M | $16.1M | $16.5M | $16.3M | $19.0M | $14.5M |
| Sales, general & admin | $232.8M | $227.2M | $203.8M | $207.8M | $192.9M | $166.2M | $165.2M | $161.8M | $179.6M | $175.5M | $174.4M | $178.7M |
| Total operating expenses | $257.3M | $243.9M | $225.1M | $228.4M | $215.1M | $183.7M | $182.4M | $177.9M | $162.7M | $159.0M | $193.4M | $162.9M |
| Operating income | $300.7M | $201.7M | $163.8M | $166.3M | $156.7M | $130.0M | $117.1M | $133.2M | $144.9M | $131.9M | $160.4M | $126.2M |
| Interest income | — | — | $19.1M | $20.9M | $17.6M | $17.4M | $29.4M | $30.4M | — | — | — | $25.5M |
| Interest expense | $17.4M | $17.5M | $19.1M | $20.9M | $17.6M | $17.4M | $29.4M | $30.4M | $24.0M | $22.2M | $24.4M | $25.5M |
| Income before taxes | $282.0M | $176.9M | $156.3M | $144.2M | $138.0M | $111.5M | $99.1M | $101.6M | $120.0M | $108.5M | $121.0M | $99.4M |
| Income taxes | $66.2M | $36.5M | $40.5M | $25.2M | $31.3M | $24.5M | $115.6M | $22.7M | $26.8M | $23.3M | −$133.9M | $17.5M |
| Net income | $215.9M | $140.7M | $118.8M | $121.2M | $109.5M | $360.7M | $10.7M | $105.0M | $111.0M | $105.1M | $254.9M | $105.5M |
| EBITDA | $357.9M | $252.3M | $232.2M | $223.8M | $205.9M | $170.9M | $170.0M | $171.8M | $175.9M | $163.5M | $186.2M | $142.4M |
| EPS (diluted) | $1.45 | $1.09 | $0.90 | $0.91 | $0.86 | $0.67 | $0.59 | $0.63 | $0.82 | $0.78 | $0.78 | $0.84 |
| Gross margin | 37.9% | 35.9% | 36.5% | 37.4% | 38.6% | 38.8% | 39.8% | 39.8% | 41.6% | 39.7% | 41.1% | 40.4% |
| Operating margin | 20.4% | 16.2% | 15.4% | 15.8% | 16.3% | 16.1% | 15.6% | 17.0% | 19.6% | 18.0% | 18.6% | 17.7% |
| Net margin | 14.7% | 11.3% | 11.1% | 11.5% | 11.4% | 44.6% | 1.4% | 13.4% | 15.0% | 14.4% | 29.6% | 14.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NVT's financial statements (latest annual report filed February 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NVT financial results
In fiscal year 2025 (ended December 31, 2025), nVent Electric reported revenue of $3.9 billion, up 29.5% from the year before. It had net income of $710.2 million (up 114.0%), a net profit margin of 18.2%. Diluted earnings per share came to $3.34. Over five years revenue grew at an average rate of 14.3% a year.
See the NVT stock overview for the latest quote and news, or the NVT chart for price history and technical indicators.
NVT income statement FAQ
What is nVent Electric's annual revenue?
nVent Electric reported total revenue of $3.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 29.5% from $3.0 billion the previous year.
Is nVent Electric profitable?
Yes. nVent Electric reported net income of $710.2 million in fiscal 2025, a net profit margin of 18.2%; its operating margin was 15.8%.
What is nVent Electric's gross margin?
nVent Electric's gross margin was 37.7% in fiscal 2025: for every $100 of revenue, nVent Electric kept $38 after the direct cost of its products and services.
How much does nVent Electric spend on research and development?
nVent Electric spent $78.5 million on research and development in fiscal 2025, 2.0% of revenue.
How fast is nVent Electric growing?
Revenue grew 14.3% a year on average over the last five fiscal years, from $2.0 billion to $3.9 billion.
What are nVent Electric's earnings per share?
nVent Electric earned $3.34 per diluted share in fiscal 2025, compared with $2.82 a year earlier.
When will nVent Electric report its next earnings?
nVent Electric is expected to report results for the quarter ending September 30, 2026 on October 30, 2026 before the market opens.
When does nVent Electric's fiscal year end?
nVent Electric's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 17, 2026.