NVent Electric (NVT) Q2 2026 Earnings Call Transcript

NVent Electric reported Q2 2026 results that show accelerating growth across multiple segments. Revenue reached $1.47 billion, up 53%, driven by the infrastructure vertical and acquisitions. Organic sales rose 47%, beating management guidance, while adjusted EPS climbed 69% to $1.45. Adjusted operating income increased 61% to $323 million and return on sales expanded 110 basis points to 21.9%. Systems Protection posted $1.07 billion in revenue, up 70%, its first quarter above $1 billion, and Electrical Connections revenue rose 21% to $399 million. For full-year 2026, NVent raised guidance, including adjusted EPS of $5.00 to $5.10 and a data-center sales target of $2 billion, with backlog at $2.5 billion.