The table below shows nVent Electric plc's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$3.89B
$3.01B
$2.67B
$2.30B
$2.46B
$2.00B
Cost of revenue
$2.42B
$1.80B
$1.59B
$1.47B
$1.52B
$1.25B
Gross profit
$1.47B
$1.21B
$1.08B
$822.90M
$941.90M
$749.40M
R&D
$78.50M
$66.10M
$55.20M
$45.60M
$48.60M
$43.50M
SG&A
NVT annual revenue (10-K history)
nVent Electric plc reported annual revenue of $3.89B for fiscal year 2025. That is up 29.5% from $3.01B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $2.12B (FY 2016) to $3.89B. Figures come from the company's audited annual reports as filed with the SEC.