| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.5K | 18.5% | 52.8% |
| Total Income | 1.5K | 18.5% | 52.8% |
| Expenditure | 1.2K | 11.9% | 45.2% |
| PBT | 282.00 | 59.4% | 104.3% |
| Net Profit | 215.90 | 51.6% | 97.2% |
| OPM | 20.44% | 4.68pp | 4.17pp |
| NPM | 14.67% | 3.21pp | 3.30pp |
| EPS | 1.33 | 51.1% | 95.6% |
nVent Electric plc Reports Record Q2 2026 Sales and EPS, Raises Full-Year Guidance
31 Jul 2026 · 31 Jul, 4:16 pm
Summary
nVent Electric plc announced strong financial results for the second quarter of 2026, with record sales of $1.5 billion, representing a 53% increase year-over-year, and organic sales growth of 47%. Earnings per diluted share (EPS) surged by 103% to $1.32, with adjusted EPS up 69% to $1.45. The company also reported significant increases in cash flow, with free cash flow up 125% to $167 million. Driven by this strong performance and momentum, nVent is significantly raising its full-year 2026 guidance for both sales and EPS.
Key Highlights
- 1
nVent reported record sales of $1.5 billion in the second quarter of 2026, a 53% increase year-over-year.
- 2
Organic sales grew by 47% in Q2 2026, demonstrating strong underlying business performance.
- 3
Reported earnings per diluted share (EPS) were $1.32, up 103% compared to the prior year's second quarter.
- 4
Adjusted EPS for Q2 2026 reached $1.45, marking a 69% increase year-over-year.
- 5
Cash flows from operations were $189 million, up 107% year-over-year, with free cash flow at $167 million, up 125%.
- 6
The company is significantly raising its full-year 2026 guidance for reported sales growth to 37%-39% and adjusted EPS to $5.00-$5.10.
Management Comments
Beth Wozniak
Our portfolio transformation continued to drive performance as we had another tremendous quarter, with record sales and earnings per share. We saw significant data center growth and new products contributed more than 30 points to sales growth. Today we announced another manufacturing expansion for liquid cooling to meet continued data center demand. As a result of our strong second-quarter performance and momentum across our portfolio, we are significantly raising our full-year sales and EPS guidance. Our strong performance is the result of our team's focus on delivering for our customers.
Informational and educational content only. Not investment advice.