nVent Sales Surge 44% to Record on Data Center Demand, Outlook Raised

Published October 30, 2026 at 9:20 AM EDT

nVent Electric posted record quarterly sales, up 44%, and raised its full-year outlook, riding demand for the electrical connection and cooling products used in data centers and power infrastructure, the company said Friday.

Third-quarter sales reached a record $1.5 billion, up 44% on both a reported and organic basis, according to the earnings release filed with an 8-K. Earnings per share from continuing operations rose 68% to $1.23, and adjusted EPS climbed 67% to $1.52. Free cash flow was $268 million.

Raised outlook

nVent now expects full-year 2026 reported sales growth of 48% to 49% and organic growth of 38% to 39%. It forecast EPS of $4.54 to $4.57 and adjusted EPS of $5.36 to $5.39.

The company said it closed its acquisition of Maverick Power on Oct. 1.

"We had another strong quarter, with record sales and orders. We saw double digit sales growth in all verticals, led by infrastructure," Chair and CEO Beth Wozniak said in the release. She said the Maverick Power deal broadens nVent's data center exposure by adding a new power distribution platform.

Why it matters

nVent has become one of the clearest industrial plays on the buildout of AI data centers and the electric grid. Organic growth of 44% in a single quarter is rare for an electrical products maker, and a higher full-year forecast suggests management expects that demand to continue into year-end.

By the numbers

$1.5 billion: record third-quarter sales, up 44%
44%: organic sales growth
$1.52: adjusted EPS, up 67%
$268 million: free cash flow
$5.36 to $5.39: raised 2026 adjusted EPS outlook
48% to 49%: expected 2026 reported sales growth

Sources

nVent Form 8-K with third-quarter 2026 earnings release (Exhibit 99.1), filed Oct. 30, 2026 (accession 0001628280-26-068391)

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