nVent reinvests in business and returns cash to shareholders
Full-year capex is ~$130 million, up 40%, and the company returned $118 million in cash to shareholders in 1H.
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Provider of electrical connection and protection solutions
nvent.comLast updated
In short: nVent achieved record Q1 2026 financial results and expanded its data center cooling operations through a strategic NVIDIA collaboration.
Full-year capex is ~$130 million, up 40%, and the company returned $118 million in cash to shareholders in 1H.
Sales rose 53% to $1.5B, adjusted EPS up 69% to $1.45, raising full-year guidance
The new 160,000-square-foot site in Blaine, Minnesota, will begin production in 2027 and employ over 200 people.
The results will be posted on the company's website, and a conference call will be held at 9:00 a.m. ET.
Q2 2026 earnings call recap: record sales/EPS, raised guidance, data center & liquid cooling growth, backlog and tariff risks—read now.
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Vent Electric heads into second-quarter earnings with strong AI data center demand, a record backlog and expectations for another earnings beat.
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