nVent Electric Reports Strong Q3 2026 Results Driven by Data Center Demand
nVent Electric (NVT) delivered robust third-quarter results, highlighted by a 44% organic sales growth to $1.515 billion and an adjusted EPS of $1.52, representing a 67% year-over-year increase. The company's performance was primarily propelled by the Infrastructure vertical, which saw 70% organic sales growth fueled by surging data center capacity requirements and power needs. Following the acquisition of Maverick Power, management raised its full-year organic sales guidance to a range of 38% to 39%. To support this rapid expansion, nVent is increasing capital expenditures to $140 million for the year, focusing on manufacturing capacity in Arizona. While the company faces approximately $105 million in tariff impacts, strong backlog levels and high demand in the Americas continue to drive significant momentum.
Tickers: $NVT
Topics: Adjusted EPS Data Center Demand Guidance Raise Infrastructure Vertical Net Sales Growth