Filing Flows › nVent Electric (NVT) › How it makes money
How nVent Electric (NVT) makes money
nVent Electric (NVT) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +44% from a year earlier. Systems Protection brought in $1.1B (72%); Electrical Connections brought in $417M (28%). Of every dollar of revenue, 36¢ was left as gross profit, 19¢ was left as operating profit, 13¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Systems Protection | $1.1B | 72.5% | +2% | +53% |
| Electrical Connections | $417M | 27.5% | +4% | +23% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.5B | 100.0% |
| Cost of revenue | $972M | 64.2% |
| Gross profit | $543M | 35.8% |
| Operating expenses | $261M | 17.2% |
| Operating profit | $282M | 18.6% |
| Income tax | $57.7M | 3.8% |
| Net earnings | $202M | 13.4% |
| Operating cash flow | $303M | 20.0% |
| Free cash flow | $266M | 17.5% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.5B | +44% |
| Q2 2026 | $1.5B | +53% |
| Q1 2026 | $1.2B | +54% |
| Q4 2025 | $1.1B | +42% |
| Q3 2025 | $1.1B | +35% |
| Q2 2025 | $963M | +30% |
| Q1 2025 | $809M | +10% |
From nVent Electric's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does nVent Electric make money?
nVent Electric (NVT) made $1.5B of revenue in the third quarter 2026 (Q3 2026), +44% from a year earlier. Systems Protection brought in $1.1B (72%); Electrical Connections brought in $417M (28%). Of every dollar of revenue, 36¢ was left as gross profit, 19¢ was left as operating profit, 13¢ was left as net earnings.
What is nVent Electric's biggest business?
Systems Protection: $1.1B in the third quarter 2026, 72% of revenue, +53% from a year earlier.
What is nVent Electric's profit margin?
Net earnings were $202M, 13.4% of revenue, in the third quarter 2026; the operating margin was 18.6%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.