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Get filing alertsnVent Electric raises 2026 guidance on record Q1 sales up 53%, data center backlog hits $2.6B
Filed May 1, 2026 · Period ending May 1, 2026 · ~1 min read
Key Changes
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Q1 sales jumped 53% to $1.2B (34% organic growth), adjusted EPS rose 63% to $1.09, driven by data center infrastructure demand across gray and white space applications.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Full-year 2026 guidance raised significantly: sales growth now 26-28% (from 15-18%), adjusted EPS now $4.45-$4.55 (from $4.00-$4.15), reflecting sustained data center momentum.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Backlog reached record $2.6B on strong orders, with Systems Protection segment sales up 76% and margins expanding 220 basis points to 22.7%.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR → -
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Q2 2026 outlook calls for 28-30% sales growth and adjusted EPS of $1.12-$1.15, indicating management expects data center strength to continue through mid-year.
Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
Summary
nVent Electric delivered a blowout first quarter and substantially raised its full-year outlook, signaling the company is capturing significant share of the data center infrastructure buildout. The 53% sales jump and 63% adjusted EPS growth demonstrate operational leverage as the business scales, while the $2.6 billion backlog provides visibility into sustained demand.
The Systems Protection segment—which serves data center power and cooling needs—posted 76% growth with expanding margins, validating management's investments in new products and manufacturing capacity. For retail holders, this represents a fundamental acceleration in the business model.
The data center theme has moved from tailwind to primary growth driver, with organic growth rates (34% in Q1, 21-23% guided for the full year) that are exceptional for an industrial company of this scale. The risk is execution: can nVent continue to ramp production, maintain quality, and convert the $2.6B backlog without margin pressure or delivery delays? Watch the Q2 results in August to see if the 28-30% growth guidance proves conservative or if supply chain constraints emerge as the company scales.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
nVent Electric plc disclosed Q1 2026 earnings results via press release and conference call.
Added in current filing · verify on EDGAR →
On May 1, 2026, nVent Electric plc (the "Company") issued a press release announcing earnings results for the first quarter of 2026 and a conference call in connection therewith.
The company announced its first quarter 2026 financial results through a press release and scheduled a conference call to discuss the results. The actual earnings figures and financial details are contained in the attached press release exhibit.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Reported sales of $1.2 billion up 53%, organically up 34%
•Reported EPS of $0.86 up 65%; Adjusted EPS of $1.09 up 63%
•Cash Flows of $90 million up 41%; Free Cash Flow of $54 million up 21%
nVent delivered record first quarter results with sales reaching $1.2 billion, representing 53% reported growth and 34% organic growth. Earnings per share increased 65% to $0.86 on a reported basis and 63% to $1.09 on an adjusted basis. Operating cash flow grew 41% to $90 million while free cash flow increased 21% to $54 million.
Added in current filing · view on EDGAR →
The company now estimates reported sales growth for full-year 2026 of 26 to 28 percent versus prior guidance of 15 to 18 percent. This new guidance range represents 21 to 23 percent organic sales growth versus prior guidance of 10 to 13 percent. The company now expects full-year 2026 EPS of $3.68 to $3.78 on a GAAP basis and adjusted EPS of $4.45 to $4.55, versus prior guidance of $3.27 to $3.42 on a GAAP basis and adjusted EPS of $4.00 to $4.15.
nVent significantly raised its full-year 2026 outlook, increasing reported sales growth guidance from 15-18% to 26-28% and organic sales growth from 10-13% to 21-23%. The company also raised its adjusted EPS guidance from $4.00-$4.15 to $4.45-$4.55, representing a substantial upward revision driven by strong first quarter performance and momentum in data centers.
Added in current filing · view on EDGAR →
We had a tremendous start to the year with record sales and orders, and our backlog increased to $2.6 billion
The company reported record sales and orders in Q1 2026, with backlog reaching $2.6 billion. CEO Beth Wozniak attributed the strong performance to broad-based data center growth in both gray and white space infrastructure, with the company's investments in new products and capacity enabling it to scale and respond to customer demand.
Added in current filing · view on EDGAR →
Systems Protection | Three months ended | March 31, 2026March 31, 2025% / point change | Net Sales $895$50876% | Organic50% | Adjusted ROS22.7%20.5%220 bps
The Systems Protection segment delivered exceptional growth with sales of $895 million, up 76% reported and 50% organically. The segment's adjusted return on sales improved 220 basis points to 22.7%, demonstrating strong operational leverage as the business scaled to meet data center infrastructure demand.
Added in current filing · view on EDGAR →
The company estimates second quarter 2026 reported sales growth of 28 to 30 percent and organic sales growth of 23 to 25 percent. The company estimates second quarter 2026 EPS on a GAAP basis of $0.93 to $0.96 and adjusted EPS of $1.12 to $1.15.
For the second quarter of 2026, nVent expects continued strong momentum with reported sales growth of 28-30% and organic growth of 23-25%. The company projects adjusted EPS of $1.12 to $1.15, indicating sustained profitability as the business continues to benefit from data center infrastructure investments.
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