nVent Reports Strong Q1 2026 Earnings with Revenue Growth and Increased Orders
nVent (NVT) reported Q1 2026 earnings with revenue of $1.242 billion, a 53% increase year-over-year, driven by strong demand in data centers and AI infrastructure. Organic orders rose 40%, with backlog reaching $2.6 billion. Adjusted EPS of $1.09 exceeded guidance and marked the first time the company surpassed $1 per share in a quarter.
Topics: AI data center demand earnings financial performance free cash flow operating income revenue growth