nVent Electric plc Q2 2026 Earnings Release

nVent Electric plc announced strong financial results for the second quarter of 2026, reporting record sales of $1.5 billion, a 53% increase year-over-year (47% organically). Earnings per share (EPS) were $1.32, a 103% increase, with adjusted EPS at $1.45, up 69%. Cash flow from operations was $189 million, a 107% increase, and free cash flow was $167 million, up 125%. The company is significantly raising its full-year 2026 guidance, now expecting reported sales growth of 37-39% (32-34% organically) and adjusted EPS of $5.00-$5.10. This strong performance is attributed to portfolio transformation, data center growth, and new products. The company also announced a manufacturing expansion for liquid cooling to meet data center demand.