nVent Electric plc (NVT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.24B | 1.07B | 1.05B | 963.1M | 809.3M | 752.2M | 782M | 739.8M | 732.1M | 861.2M | 715M | 803M | 740.6M | 741.6M | 745.2M | 727.5M | 694.7M | 669M | 642.8M | 601.3M |
| Revenue Growth % | 53.47% | 41.81% | 34.78% | 30.18% | 10.54% | -12.66% | 9.37% | -7.87% | -1.15% | 16.13% | -4.05% | 10.38% | 6.61% | 10.85% | 15.93% | 20.99% | 26.56% | 28.36% | 26.21% | 34.46% |
| Cost of Goods Sold | 796.4M | 677.8M | 659.3M | 591.3M | 495.6M | 452.7M | 470.9M | 432.2M | 441.2M | 507.4M | 425.9M | 471.1M | 437.4M | 450M | 455.2M | 459.7M | 447.4M | 421.8M | 392.3M | 366.1M |
| COGS % of Revenue | 64.12% | 63.54% | 62.55% | 61.4% | 61.24% | 60.18% | 60.22% | 58.42% | 60.27% | 58.92% | 59.57% | 58.67% | 59.06% | 60.68% | 61.08% | 63.19% | 64.4% | 63.05% | 61.03% | 60.88% |
| Gross Profit | 445.6M | 388.9M | 394.7M | 371.8M | 313.7M | 299.5M | 311.1M | 307.6M | 290.9M | 353.8M | 289.1M | 331.9M | 303.2M | 291.6M | 290M | 267.8M | 247.3M | 247.2M | 250.5M | 235.2M |
| Gross Margin % | 35.88% | 36.46% | 37.45% | 38.6% | 38.76% | 39.82% | 39.78% | 41.58% | 39.73% | 41.08% | 40.43% | 41.33% | 40.94% | 39.32% | 38.92% | 36.81% | 35.6% | 36.95% | 38.97% | 39.12% |
| Gross Profit Growth % | 42.05% | 29.85% | 26.87% | 20.87% | 7.84% | -15.35% | 7.61% | -7.32% | -4.06% | 21.33% | -0.31% | 23.94% | 22.6% | 17.96% | 15.77% | 13.86% | 18.33% | 25.48% | 27.29% | 46.72% |
| Operating Expenses | 249.9M | 225.1M | 228.4M | 215.1M | 183.7M | 182.4M | 177.9M | 162.7M | 159M | 193.4M | 162.9M | 185.2M | 179.1M | 166.5M | 169.5M | 163.1M | 157.2M | 158.2M | 152.8M | 146.9M |
| OpEx % of Revenue | 20.12% | 21.1% | 21.67% | 22.33% | 22.7% | 24.25% | 22.75% | 21.99% | 21.72% | 22.46% | 22.78% | 23.06% | 24.18% | 22.45% | 22.75% | 22.42% | 22.63% | 23.65% | 23.77% | 24.43% |
| Selling, General & Admin | 227.2M | 203.8M | 207.8M | 196M | 166.2M | 165.2M | 161.8M | 146.2M | 142.7M | 174.4M | 148.4M | 167.7M | 162.4M | 150.6M | 154.8M | 148.5M | 142M | 145.8M | 139.7M | 135.2M |
| SG&A % of Revenue | 18.29% | 19.11% | 19.72% | 20.35% | 20.54% | 21.96% | 20.69% | 19.76% | 19.49% | 20.25% | 20.76% | 20.88% | 21.93% | 20.31% | 20.77% | 20.41% | 20.44% | 21.79% | 21.73% | 22.48% |
| Research & Development | 22.7M | 21.3M | 20.6M | 19.1M | 17.5M | 17.2M | 16.1M | 16.5M | 16.3M | 19M | 14.5M | 17.5M | 16.7M | 15.9M | 14.7M | 14.6M | 15.2M | 12.4M | 13.1M | 11.7M |
| R&D % of Revenue | 1.83% | 2% | 1.95% | 1.98% | 2.16% | 2.29% | 2.06% | 2.23% | 2.23% | 2.21% | 2.03% | 2.18% | 2.25% | 2.14% | 1.97% | 2.01% | 2.19% | 1.85% | 2.04% | 1.95% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 195.7M | 163.8M | 166.3M | 156.7M | 130M | 117.1M | 133.2M | 144.9M | 131.9M | 160.4M | 126.2M | 146.7M | 124.1M | 125.1M | 120.5M | 104.7M | 90.1M | 89M | 97.7M | 88.3M |
| Operating Margin % | 15.76% | 15.36% | 15.78% | 16.27% | 16.06% | 15.57% | 17.03% | 19.59% | 18.02% | 18.63% | 17.65% | 18.27% | 16.76% | 16.87% | 16.17% | 14.39% | 12.97% | 13.3% | 15.2% | 14.68% |
| Operating Income Growth % | 50.54% | 39.88% | 24.85% | 8.14% | -1.44% | -27% | 5.55% | -1.23% | 6.29% | 28.22% | 4.73% | 40.11% | 37.74% | 40.56% | 23.34% | 18.57% | 12.06% | 19.62% | 169% | 94.92% |
| EBITDA | 195.7M | 220.6M | 225M | 207M | 172M | 158.6M | 173M | 176.8M | 164.7M | 201.2M | 143.7M | 179.9M | 152.8M | 153.4M | 149.3M | 133.3M | 118.6M | 117.7M | 125.5M | 114.6M |
| EBITDA Margin % | 15.76% | 20.68% | 21.35% | 21.49% | 21.25% | 21.08% | 22.12% | 23.9% | 22.5% | 23.36% | 20.1% | 22.4% | 20.63% | 20.69% | 20.03% | 18.32% | 17.07% | 17.59% | 19.52% | 19.06% |
| EBITDA Growth % | 13.78% | 39.09% | 30.06% | 17.08% | 4.43% | -21.17% | 20.39% | -1.72% | 7.79% | 31.16% | -3.75% | 34.96% | 28.84% | 30.33% | 18.96% | 16.32% | 11.89% | 17.58% | 208.47% | 62.09% |
| D&A (Non-Cash Add-back) | 0 | 56.8M | 58.7M | 50.3M | 42M | 41.5M | 39.8M | 31.9M | 32.8M | 40.8M | 17.5M | 33.2M | 28.7M | 28.3M | 28.8M | 28.6M | 28.5M | 28.7M | 27.8M | 26.3M |
| EBIT | 0 | 175.4M | 165.1M | 155.6M | 128.9M | 128.5M | 132M | 144M | 130.7M | 145.4M | 124.9M | 155.8M | 122.9M | 190.8M | 120M | 103.5M | 89.5M | 88.4M | 97.1M | 87.7M |
| Net Interest Income | 0 | -19.1M | -20.9M | -17.6M | -17.4M | -29.4M | -30.4M | -24M | -22.2M | -24.4M | -25.5M | -21.7M | -7.8M | -8.4M | -8.1M | -7.5M | -7.2M | -7.9M | -8.2M | -8.1M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 17.5M | 19.1M | 20.9M | 17.6M | 17.4M | 29.4M | 30.4M | 24M | 22.2M | 24.4M | 25.5M | 21.7M | 7.8M | 8.4M | 8.1M | 7.5M | 7.2M | 7.9M | 8.2M | 8.1M |
| Other Income/Expense | -18.8M | -7.5M | -22.1M | -18.7M | -18.5M | -18M | -31.6M | -24.9M | -23.4M | -39.4M | -26.8M | -12.6M | -9M | 57.3M | -8.6M | -8.7M | -7.8M | -8.5M | -8.8M | -8.7M |
| Pretax Income | 176.9M | 156.3M | 144.2M | 138M | 111.5M | 99.1M | 101.6M | 120M | 108.5M | 121M | 99.4M | 134.1M | 115.1M | 182.4M | 111.9M | 96M | 82.3M | 80.5M | 88.9M | 79.6M |
| Pretax Margin % | 14.24% | 14.65% | 13.68% | 14.33% | 13.78% | 13.17% | 12.99% | 16.22% | 14.82% | 14.05% | 13.9% | 16.7% | 15.54% | 24.6% | 15.02% | 13.2% | 11.85% | 12.03% | 13.83% | 13.24% |
| Income Tax | 36.5M | 40.5M | 25.2M | 31.3M | 24.5M | 115.6M | 22.7M | 26.8M | 23.3M | -133.9M | 17.5M | 21.2M | 21.3M | 23.7M | 18.5M | 16.1M | 14.5M | 13.5M | 14.6M | 13.4M |
| Effective Tax Rate % | 20.63% | 25.91% | 17.48% | 22.68% | 21.97% | 116.65% | 22.34% | 22.33% | 21.47% | -110.66% | 17.61% | 15.81% | 18.51% | 12.99% | 16.53% | 16.77% | 17.62% | 16.77% | 16.42% | 16.83% |
| Net Income | 142.4M | 118.8M | 121.2M | 109.5M | 360.7M | 10.7M | 105M | 111M | 105.1M | 254.9M | 105.5M | 112.9M | 93.8M | 158.7M | 93.4M | 79.9M | 67.8M | 67M | 74.3M | 66.2M |
| Net Margin % | 11.47% | 11.14% | 11.5% | 11.37% | 44.57% | 1.42% | 13.43% | 15% | 14.36% | 29.6% | 14.76% | 14.06% | 12.67% | 21.4% | 12.53% | 10.98% | 9.76% | 10.01% | 11.56% | 11.01% |
| Net Income Growth % | -60.52% | 1010.28% | 15.43% | -1.35% | 243.2% | -95.8% | -0.47% | -1.68% | 12.05% | 60.62% | 12.96% | 41.3% | 38.35% | 136.87% | 25.71% | 20.69% | 3.67% | 42.25% | 153.57% | 156.59% |
| Net Income (Continuing) | 142.4M | 115.8M | 119M | 106.7M | 87M | -16.5M | 78.9M | 93.2M | 85.2M | 254.9M | 81.9M | 112.9M | 93.8M | 158.7M | 93.4M | 79.9M | 67.8M | 67M | 74.3M | 66.2M |
| Discontinued Operations | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.87 | 0.73 | 0.73 | 0.67 | 2.16 | 0.06 | 0.62 | 0.66 | 0.62 | 1.51 | 0.63 | 0.67 | 0.56 | 0.94 | 0.55 | 0.48 | 0.40 | 0.39 | 0.44 | 0.39 |
| EPS Growth % | -59.72% | 1042.41% | 17.74% | 1.52% | 248.39% | -95.77% | -1.59% | -1.49% | 10.71% | 60.64% | 14.55% | 39.58% | 40% | 141.03% | 25% | 23.08% | 2.56% | 39.29% | 153.66% | 160% |
| EPS (Basic) | 0.88 | 0.74 | 0.74 | 0.68 | 2.18 | 0.06 | 0.63 | 0.67 | 0.64 | 1.54 | 0.64 | 0.68 | 0.57 | 0.95 | 0.56 | 0.48 | 0.41 | 0.40 | 0.44 | 0.39 |
| Diluted Shares Outstanding | 164M | 164M | 164.8M | 163.6M | 167.3M | 168.2M | 168.1M | 168.9M | 168.5M | 168.3M | 168.6M | 168M | 168M | 168.4M | 168.3M | 168.2M | 168.2M | 170.1M | 170.1M | 169.6M |
| Basic Shares Outstanding | 161.7M | 161.6M | 162.7M | 161.7M | 165.1M | 165.5M | 165.6M | 166.1M | 165.5M | 165.5M | 165.8M | 165.7M | 165.3M | 166.2M | 166.5M | 166.4M | 166.2M | 167.7M | 168.2M | 167.9M |
| Dividend Payout Ratio | - | 27.27% | 26.65% | 29.5% | 9.26% | 294.39% | 30.19% | 28.56% | 30.35% | 11.46% | 27.58% | 25.86% | 31.24% | 18.46% | 31.37% | 36.8% | 42.77% | 43.88% | 39.7% | 44.41% |