nVent Delivers First $1B Sales Quarter

LONDON, UNITED KINGDOM — nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced strong financial results for the third quarter of 2025 and provided guidance for the fourth quarter and full-year 2025. The third quarter performance included record orders, sales and backlog, and new products and acquisitions performed ahead of expectations.

“This was our first billion-dollar sales quarter, and we had record orders, backlog, and strong cash flow. We also launched a number of new products, expanded capacity in several facilities to support data center and power utility growth, and executed on our acquisition integration playbook,” said Beth Wozniak, nVent chair and chief executive officer. “Our portfolio transformation is driving success, and we are raising our full-year sales and EPS guidance to reflect our record third quarter performance and our significant momentum in data centers. I want to recognize the hard work and dedication of our nVent team to deliver these outstanding results.”

Reported sales in the third quarter totaled $1.1 billion. This performance represents a 35 percent increase. Organically, sales grew 16 percent, which excludes the impact of acquisitions and currency fluctuations.

Third quarter 2025 earnings per diluted share (“EPS”) from continuing operations were $0.73, up 55 percent, while on an adjusted basis, the company had EPS from continuing operations of $0.91, up 44 percent. Adjusted EPS, adjusted operating income, adjusted net income and free cash flow are non-GAAP financial measures described in the attached Non-GAAP Financial Measures section of this press release.

Third quarter 2025 operating income was $166 million, up 25 percent, compared to $133 million in the third quarter of 2024. Adjusted operating income was $213 million, up 27 percent, compared to $168 million in the third quarter of 2024.

nVent had net cash provided by operating activities of continuing operations of $272 million in the third quarter compared to $158 million in the third quarter of 2024. Free cash flow generated was $253 million in the third quarter compared to $143 million in the third quarter of 2024.

GUIDANCE FOR FULL-YEAR AND FOURTH QUARTER 2025 The company now estimates reported sales growth for full-year 2025 of 27 to 28 percent versus prior guidance of 24 to 26 percent. This new guidance range represents 10 to 11 percent organic sales growth versus prior guidance of 8 to 10 percent. The company now expects full-year 2025 EPS of $2.57 to $2.59 on a GAAP basis and adjusted EPS of $3.31 to $3.33, versus prior guidance of $2.48 to $2.56 on a GAAP basis and adjusted EPS of $3.22 to $3.30. The company estimates fourth quarter 2025 reported sales growth of 31 to 33 percent and organic sales growth of 15 to 17 percent. The company estimates fourth quarter 2025 EPS on a GAAP basis of $0.67 to $0.69 and adjusted EPS of $0.87 to $0.89. DIVIDENDS nVent previously announced on September 22, 2025 that its Board of Directors approved a regular cash dividend of $0.20 per share, payable during the third quarter on November 7, 2025.