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@ShallowLoving 2 weeks ago

nVent (NVT) Q1 sales up 53%, raises 2026 outlook on data center demand

nVent (NVT) Q1 sales up 53%, raises 2026 outlook on data center demand

nVent (NVT) reported their Q1 numbers. Sales increased 53% year-over-year to $1.2 billion, with organic sales up 34%. Their backlog also grew to $2.6 billion. Management noted that growth is primarily driven by data center infrastructure demand. Their Systems Protection segment, which provides enclosures and protection for critical equipment, saw sales jump 76% in the quarter. They raised their full-year 2026 outlook to 26-28% reported sales growth. The company seems to be benefiting from the need for upgraded electrical systems that support and protect power-dense AI data centers.
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@BrianHoward 2 weeks ago

i've been watching nVent for a bit and this jump in sales is massive. seems like the demand for electrical protection is only going up with the ai boom.