• Reported sales of $1.5 billion up 53%, organically up 47%
• Reported EPS of $1.32 up 103%; Adjusted EPS of $1.45 up 69%
• Cash Flows of $189 million up 107%; Free Cash Flow of $167 million up 125%
• Raising full-year sales and EPS guidance:
◦ Reported sales growth of 37% to 39%; Organic sales growth of 32% to 34% 
◦ Reported EPS of $4.29 to $4.39; Adjusted EPS of $5.00 to $5.10
Reconciliations of GAAP (reported) to Non-GAAP measures are in the attached financial tables. All results referenced throughout this release are on a continuing operations basis unless otherwise stated.

LONDON, UNITED KINGDOM – July 31, 2026 – nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced strong financial results for the second quarter of 2026, provided third quarter guidance and raised full-year 2026 guidance.

"Our portfolio transformation continued to drive performance as we had another tremendous quarter, with record sales and earnings per share," said Beth Wozniak, nVent chair and chief executive officer. "We saw significant data center growth and new products contributed more than 30 points to sales growth. Today we announced another manufacturing expansion for liquid cooling to meet continued data center demand. As a result of our strong secondquarter performance and momentum across our portfolio, we are significantly raising our full-year sales and EPS guidance. Our strong performance is the result of our team's focus on delivering for our customers."

Reported sales in the second quarter totaled $1.5 billion. This performance represents an increase of 53 percent. Organically, sales grew 47 percent, which excludes the impact from acquisitions and currency fluctuations.

Second quarter 2026 earnings per diluted share (“EPS”) were $1.32, up 103 percent, while on an adjusted basis, the company had EPS of $1.45, up 69 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.

Second quarter 2026 operating income was $301 million, up 92 percent, compared to $157 million in the second quarter of 2025. Adjusted operating income was $323 million, up 61 percent, compared to $200 million in the second quarter of 2025.

nVent had net cash provided by operating activities of $189 million in the second quarter compared to $91 million in the second quarter of 2025. Free cash flow was $167 million in the second quarter compared to $74 million in the second quarter of 2025.

GUIDANCE FOR FULL-YEAR AND THIRD QUARTER 2026

The company now estimates reported sales growth for full-year 2026 of 37 to 39 percent versus prior guidance of 26 to 28 percent. This new guidance range represents 32 to 34 percent organic sales growth versus prior guidance of 21 to 23 percent. The company now expects full-year 2026 EPS of $4.29 to $4.39 on a GAAP basis and adjusted EPS of $5.00 to $5.10, versus prior guidance of  $3.68 to $3.78 on a GAAP basis and adjusted EPS of $4.45 to $4.55.

The company estimates third quarter 2026 reported sales growth of 32 to 35 percent and organic sales growth of 32 to 35 percent. The company estimates third quarter 2026 EPS on a GAAP basis of $1.18 to $1.21 and adjusted EPS of $1.35 to $1.38.

DIVIDENDS

nVent previously announced on May 16, 2026 that its Board of Directors approved a regular cash dividend of $0.21 per share, payable during the third quarter on August 7, 2026.

EARNINGS CONFERENCE CALL

nVent’s management team will discuss the company’s second quarter performance on a conference call with analysts and investors at 9:00 a.m. ET today. A live audio webcast of the conference call and materials will be available through the “Investor Relations” section of the company’s website (http://investors.nvent.com). To participate, please dial 1-833-630-1071 or 1-412-317-1832 approximately ten minutes before the 9:00 a.m. ET start. 

A replay of the conference call will be made accessible once it becomes available and will remain accessible through August 14, 2026 by dialing 1-855-669-9658 or 1-412-317-0088, along with the access code 3803194.

About nVent

nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation. Our principal office is in London and our management office in the United States is in Minneapolis.

Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE.nVent, CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE are trademarks owned or licensed by nVent Services GmbH or its affiliates.


CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact are forward looking statements. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “forecasts,” “should,” “would,” “could,” “positioned,” “strategy,” “future,” “are confident,” or words, phrases or terms of similar substance or the negative thereof, areforward-looking statements. All projections in this press release are also forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Among these factors are adverse effects on our business operations or financial results, including the overall global economic and business conditions impacting our business; the ability to achieve the benefits of our restructuring plans; the ability to successfully identify, finance, complete and integrate acquisitions, including the Electrical Products Group acquisition; competition and pricing pressures in the markets we serve; the impacts of tariffs; volatility in currency exchange rates, interest rates and commodity prices; inability to generate savings from excellence in operations initiatives consisting of lean enterprise, supply management and cash flow practices; inability to mitigate material and other cost inflation; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging and transportation; increased risks associated with operating foreign businesses; risks associated with or arising from military conflicts; the ability to deliver backlog and win future project work; failure of markets to accept new product introductions and enhancements; the impact of changes in laws and regulations, including those that limit U.S. tax benefits; the outcome of litigation and governmental proceedings; and the ability to achieve our long-term strategic operating goals. Additional information concerning these and other factors is contained in our filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. All forward-looking statements speak only as of the date of this press release. nVent assumes no obligation, and disclaims any obligation, to 
update the information contained in this press release.

Investor Contact
Tony Riter
Vice President, Investor Relations
nVent
763.204.7750
[email protected]

Media Contact 
Kevin H. King
Vice President, Global Communications
nVent
763.291.0526
[email protected]
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