Earnings ·
nVent Electric reports Q3 sales of $1.5B, up 44%, and raises full-year EPS guidance to $5.36-$5.39
NVTnVent Electric plc
nVent Electric plc reported third-quarter 2026 results with record net sales of $1.5 billion, representing a 44% increase from the prior year period. Reported diluted earnings per share reached $1.23, up 68%, while adjusted EPS rose 67% to $1.52. The company also reported free cash flow of $268 million and operating income of $282 million. Management raised full-year guidance, now expecting organic sales growth of 38% to 39% and adjusted EPS of $5.36 to $5.39. Additionally, nVent announced the closing of its acquisition of Maverick Power on October 1, 2026, which broadens its data center exposure. The company operates as a global provider of electrical connection and protection solutions.