SPX Technologies, Inc.

SPX Technologies, Inc.SPXCEarnings & Financial Report

NYSE · Industrials · Metalworkg Machinery & Equipment

SPX Technologies, Inc. is an American manufacturing company, headquartered in Charlotte, North Carolina. The company operates within four markets: heating, ventilation, and air conditioning (HVAC), detection and measurement, power transmission and generation, and engineered solutions. Examples of SPX’s products include cooling towers and boilers, underground pipe and cable locators, power transformers, and heat exchangers. Brands include Waukesha, Dielectric, Genfare, Fahrenheat, Radiodetecti...

SPXC Q1 FY2026 Key Financial Metrics

Revenue

$566.8M

Gross Profit

N/A

Operating Profit

$87.7M

Net Profit

$59.9M

Gross Margin

N/A

Operating Margin

15.5%

Net Margin

10.6%

YoY Growth

22.0%

EPS

$1.20

SPX Technologies, Inc. Q1 FY2026 Financial Summary

SPX Technologies, Inc. reported revenue of $566.8M (up 22.0% YoY) for Q1 FY2026, with a net profit of $59.9M (up 17.0% YoY) (10.6% margin).

Key Financial Metrics

Total Revenue$566.8M
Net Profit$59.9M
Gross MarginN/A
Operating Margin15.5%
Report PeriodQ1 FY2026

SPX Technologies, Inc. Annual Revenue by Year

SPX Technologies, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.3B).

YearAnnual Revenue
2025$2.3Bvs 2024
2024$2.0Bvs 2023

SPX Technologies, Inc. Quarterly Revenue & Net Profit History

SPX Technologies, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$566.8M+22.0%$59.9M10.6%
Q4 FY2025$637.3M+19.4%$77.9M12.2%
Q3 FY2025$592.8M+22.6%$62.7M10.6%
Q2 FY2025$552.4M+10.2%$52.2M9.4%
Q1 FY2025$482.6M+3.7%$51.2M10.6%
Q4 FY2024$533.7M+13.7%$57.1M10.7%
Q3 FY2024$483.7M+7.8%$50.2M10.4%
Q2 FY2024$501.3M+25.4%$44.2M8.8%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$501.3M$483.7M$533.7M$482.6M$552.4M$592.8M$637.3M$566.8M
YoY Growth25.4%7.8%13.7%3.7%10.2%22.6%19.4%22.0%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$2.78B$2.81B$2.71B$3.14B$3.31B$3.45B$3.60B$3.88B
Liabilities$1.50B$1.45B$1.33B$1.69B$1.77B$1.30B$1.37B$1.59B
Equity$1.28B$1.36B$1.38B$1.44B$1.53B$2.15B$2.24B$2.29B

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$57.5M$51.4M$166.5M$-10.9M$42.5M$106.5M$195.2M