Quarterly ResultJul 31, 2026, 04:38 PM
nVent Q2 Net Sales $1.47B, Diluted EPS $1.32
AI Summary
nVent reported strong financial results for the second quarter and first half of 2026, with significant year-over-year increases in net sales, net income, and diluted EPS from continuing operations. The company finalized the purchase price allocation for the Electrical Products Group acquisition, completed in May 2025, and continued to reflect the divestment of its Thermal Management business, completed in January 2025, as discontinued operations.
Key Highlights
- Q2 2026 Net Sales increased to $1,471.3 million from $963.1 million YoY.
- Q2 2026 Diluted EPS from continuing operations rose to $1.32 from $0.65 YoY.
- Q2 2026 Net Income from continuing operations was $215.8 million, up from $106.7 million YoY.
- Six-month Net Sales increased to $2,713.3 million from $1,772.4 million YoY.
- Six-month Diluted EPS from continuing operations was $2.17, up from $1.17 YoY.
- Cash dividends paid per ordinary share increased to $0.21 from $0.20 YoY.
- Electrical Products Group acquisition completed May 2025 for $979.6 million, with allocation finalized Q2 2026.
- Thermal Management business divestment completed January 2025 for $1.7 billion.
Price Impact
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