Filing Flows › nVent Electric (NVT) › Q3 2026
nVent Electric (NVT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
nVent Electric (NVT) reported revenue of $1.5B for the third quarter 2026 (Q3 2026), +44% from a year earlier and +3% from the quarter before. Operating margin was 18.6%, net earnings $202M (13.4% of revenue).
nVent Electric, Q3 2026: revenue $1.5B (+44% year over year), operating margin 18.6%, net earnings $202M, operating cash flow $303M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +3% | +44% |
| Gross profit | $543M | -3% | +38% |
| Operating profit | $282M | -6% | +70% |
| Net earnings | $202M | -6% | +67% |
| Operating cash flow | $303M | +65% | +38% |
| Free cash flow | $266M | +64% | +32% |
What changed
Revenue was $1.5B in Q3 2026, up 44% year over year and up 3% from the previous quarter. Systems Protection was the largest line at 72% of revenue. Systems Protection added $0.38B year over year (up 53%), 83% of the total change.
Gross margin was 35.8%, down 1.6 points from Q3 2025. Operating profit was $0.28B, a 18.6% margin (up 2.9 points year over year). Of the extra revenue versus Q3 2025, 25% reached operating profit, above the 16% margin then. Operating expenses grew 14% against revenue growth of 44%. The fastest-growing cost line was Research & development (+18%). Net earnings were $0.20B, up 67% year over year. The effective tax rate was 22.2%.
Operating cash flow was $0.30B (up 38% year over year), 150% of net earnings. Non-cash charges added back $0.05B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.04B. Capital expenditures of $0.04B left free cash flow of $0.27B.
Questions
What was nVent Electric's revenue in the third quarter 2026?
nVent Electric (NVT) reported revenue of $1.5B for the third quarter 2026 (Q3 2026), +44% from a year earlier and +3% from the quarter before.
Was nVent Electric profitable in the third quarter 2026?
Operating profit was $282M (18.6% of revenue) and net earnings $202M.
Source: nVent Electric 10-Q on SEC EDGAR.