nVent 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

• high

  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 →
• high

  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 →
• high

  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 →