nVent Electric plc Q1 2026 Earnings Release

nVent Electric plc reported strong financial results for the first quarter of 2026, with record sales, orders, and backlog. Sales reached $1.2 billion, a 53% increase year-over-year (34% organically). Earnings per share (EPS) were $0.86, a 65% increase, with adjusted EPS at $1.09, up 63%. The company generated $90 million in cash flow from operations and $54 million in free cash flow. nVent is raising its full-year 2026 guidance, now expecting reported sales growth of 26-28% (21-23% organically) and reported EPS of $3.68-$3.78 (adjusted EPS of $4.45-$4.55). The company also provided second quarter guidance, expecting reported sales growth of 28-30% and adjusted EPS of $1.12-$1.15.