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Side-by-side financial comparison of Excelerate Energy, Inc. (EE) and SPX Technologies, Inc. (SPXC). Click either name above to swap in a different company.

SPX Technologies, Inc. is the larger business by last-quarter revenue ($566.8M vs $317.6M, roughly 1.8× Excelerate Energy, Inc.). On growth, SPX Technologies, Inc. posted the faster year-over-year revenue change (22.0% vs 15.7%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (26.0% CAGR vs 6.3%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

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...

EE vs SPXC — Head-to-Head

Bigger by revenue
SPXC
SPXC
1.8× larger
SPXC
$566.8M
$317.6M
EE
Growing faster (revenue YoY)
SPXC
SPXC
+6.3% gap
SPXC
22.0%
15.7%
EE
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
26.0%
6.3%
SPXC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EE
EE
SPXC
SPXC
Revenue
$317.6M
$566.8M
Net Profit
$59.9M
Gross Margin
Operating Margin
22.2%
15.5%
Net Margin
10.6%
Revenue YoY
15.7%
22.0%
Net Profit YoY
17.0%
EPS (diluted)
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EE
EE
SPXC
SPXC
Q1 26
$566.8M
Q4 25
$317.6M
$637.3M
Q3 25
$391.0M
$592.8M
Q2 25
$204.6M
$552.4M
Q1 25
$315.1M
$482.6M
Q4 24
$274.6M
$533.7M
Q3 24
$193.4M
$483.7M
Q2 24
$183.3M
$501.3M
Net Profit
EE
EE
SPXC
SPXC
Q1 26
$59.9M
Q4 25
$77.9M
Q3 25
$62.7M
Q2 25
$52.2M
Q1 25
$51.2M
Q4 24
$57.1M
Q3 24
$50.2M
Q2 24
$44.2M
Gross Margin
EE
EE
SPXC
SPXC
Q1 26
Q4 25
39.8%
Q3 25
40.4%
Q2 25
41.4%
Q1 25
40.6%
Q4 24
40.9%
Q3 24
40.9%
Q2 24
40.1%
Operating Margin
EE
EE
SPXC
SPXC
Q1 26
15.5%
Q4 25
22.2%
15.7%
Q3 25
22.3%
16.4%
Q2 25
21.2%
15.7%
Q1 25
20.9%
13.8%
Q4 24
21.9%
16.9%
Q3 24
30.9%
16.3%
Q2 24
27.2%
14.9%
Net Margin
EE
EE
SPXC
SPXC
Q1 26
10.6%
Q4 25
12.2%
Q3 25
10.6%
Q2 25
9.4%
Q1 25
10.6%
Q4 24
10.7%
Q3 24
10.4%
Q2 24
8.8%
EPS (diluted)
EE
EE
SPXC
SPXC
Q1 26
Q4 25
$0.24
$1.56
Q3 25
$0.43
$1.28
Q2 25
$0.15
$1.10
Q1 25
$0.46
$1.09
Q4 24
$0.42
$1.21
Q3 24
$0.35
$1.06
Q2 24
$0.26
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EE
EE
SPXC
SPXC
Cash + ST InvestmentsLiquidity on hand
$538.2M
$156.5M
Total DebtLower is stronger
$936.3M
$667.3M
Stockholders' EquityBook value
$2.2B
$2.3B
Total Assets
$4.1B
$3.9B
Debt / EquityLower = less leverage
0.42×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
SPXC
SPXC
Q1 26
$156.5M
Q4 25
$538.2M
$364.0M
Q3 25
$462.6M
$229.4M
Q2 25
$426.0M
$132.8M
Q1 25
$619.5M
$177.8M
Q4 24
$537.5M
$156.9M
Q3 24
$608.4M
$124.8M
Q2 24
$609.1M
$128.1M
Total Debt
EE
EE
SPXC
SPXC
Q1 26
$667.3M
Q4 25
$936.3M
$496.7M
Q3 25
$942.0M
$499.8M
Q2 25
$946.2M
$950.3M
Q1 25
$322.6M
$872.0M
Q4 24
$333.6M
$577.0M
Q3 24
$345.7M
$665.2M
Q2 24
$356.4M
$509.9M
Stockholders' Equity
EE
EE
SPXC
SPXC
Q1 26
$2.3B
Q4 25
$2.2B
$2.2B
Q3 25
$2.2B
$2.1B
Q2 25
$2.1B
$1.5B
Q1 25
$1.9B
$1.4B
Q4 24
$1.9B
$1.4B
Q3 24
$1.9B
$1.4B
Q2 24
$1.8B
$1.3B
Total Assets
EE
EE
SPXC
SPXC
Q1 26
$3.9B
Q4 25
$4.1B
$3.6B
Q3 25
$4.1B
$3.4B
Q2 25
$4.0B
$3.3B
Q1 25
$2.9B
$3.1B
Q4 24
$2.9B
$2.7B
Q3 24
$2.9B
$2.8B
Q2 24
$2.9B
$2.8B
Debt / Equity
EE
EE
SPXC
SPXC
Q1 26
0.29×
Q4 25
0.42×
0.22×
Q3 25
0.43×
0.23×
Q2 25
0.44×
0.62×
Q1 25
0.17×
0.60×
Q4 24
0.18×
0.42×
Q3 24
0.18×
0.49×
Q2 24
0.19×
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EE
EE
SPXC
SPXC
Operating Cash FlowLast quarter
$104.4M
Free Cash FlowOCF − Capex
$11.3M
FCF MarginFCF / Revenue
2.0%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$268.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EE
EE
SPXC
SPXC
Q1 26
Q4 25
$104.4M
$195.2M
Q3 25
$114.9M
$106.5M
Q2 25
$87.1M
$42.5M
Q1 25
$154.8M
$-10.9M
Q4 24
$49.6M
$166.5M
Q3 24
$39.8M
$51.4M
Q2 24
$90.4M
$57.5M
Free Cash Flow
EE
EE
SPXC
SPXC
Q1 26
$11.3M
Q4 25
$126.7M
Q3 25
$96.1M
Q2 25
$34.8M
Q1 25
$-16.4M
Q4 24
$156.7M
Q3 24
$43.5M
Q2 24
$47.1M
FCF Margin
EE
EE
SPXC
SPXC
Q1 26
2.0%
Q4 25
19.9%
Q3 25
16.2%
Q2 25
6.3%
Q1 25
-3.4%
Q4 24
29.4%
Q3 24
9.0%
Q2 24
9.4%
Capex Intensity
EE
EE
SPXC
SPXC
Q1 26
3.3%
Q4 25
10.7%
Q3 25
1.8%
Q2 25
1.4%
Q1 25
1.1%
Q4 24
1.8%
Q3 24
1.6%
Q2 24
2.1%
Cash Conversion
EE
EE
SPXC
SPXC
Q1 26
Q4 25
2.51×
Q3 25
1.70×
Q2 25
0.81×
Q1 25
-0.21×
Q4 24
2.92×
Q3 24
1.02×
Q2 24
1.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EE
EE

Other$179.4M57%
Revenue From Leases$138.1M43%

SPXC
SPXC

Segment breakdown not available.

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