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Side-by-side financial comparison of GLACIER BANCORP, INC. (GBCI) 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 $306.8M, roughly 1.8× GLACIER BANCORP, INC.). GLACIER BANCORP, INC. runs the higher net margin — 26.8% vs 10.6%, a 16.2% gap on every dollar of revenue. Over the past eight quarters, GLACIER BANCORP, INC.'s revenue compounded faster (24.3% CAGR vs 6.3%).

Glacier Bancorp, Inc. is a regional multi-bank holding company headquartered in Kalispell, Montana, United States. It is a successor corporation to the Delaware corporation originally incorporated in 1990. The company provides personal and commercial banking services from 221 locations in Montana, Idaho, Utah, Washington, Wyoming, Colorado, Arizona, and, Nevada.

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...

GBCI vs SPXC — Head-to-Head

Bigger by revenue
SPXC
SPXC
1.8× larger
SPXC
$566.8M
$306.8M
GBCI
Higher net margin
GBCI
GBCI
16.2% more per $
GBCI
26.8%
10.6%
SPXC
Faster 2-yr revenue CAGR
GBCI
GBCI
Annualised
GBCI
24.3%
6.3%
SPXC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GBCI
GBCI
SPXC
SPXC
Revenue
$306.8M
$566.8M
Net Profit
$82.1M
$59.9M
Gross Margin
Operating Margin
15.5%
Net Margin
26.8%
10.6%
Revenue YoY
22.0%
Net Profit YoY
17.0%
EPS (diluted)
$0.63

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
GBCI
GBCI
SPXC
SPXC
Q1 26
$306.8M
$566.8M
Q4 25
$306.5M
$637.3M
Q3 25
$260.7M
$592.8M
Q2 25
$240.6M
$552.4M
Q1 25
$222.6M
$482.6M
Q4 24
$223.0M
$533.7M
Q3 24
$214.9M
$483.7M
Q2 24
$198.7M
$501.3M
Net Profit
GBCI
GBCI
SPXC
SPXC
Q1 26
$82.1M
$59.9M
Q4 25
$63.8M
$77.9M
Q3 25
$67.9M
$62.7M
Q2 25
$52.8M
$52.2M
Q1 25
$54.6M
$51.2M
Q4 24
$61.8M
$57.1M
Q3 24
$51.1M
$50.2M
Q2 24
$44.7M
$44.2M
Gross Margin
GBCI
GBCI
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
GBCI
GBCI
SPXC
SPXC
Q1 26
15.5%
Q4 25
24.9%
15.7%
Q3 25
32.7%
16.4%
Q2 25
27.1%
15.7%
Q1 25
28.5%
13.8%
Q4 24
33.0%
16.9%
Q3 24
28.9%
16.3%
Q2 24
27.3%
14.9%
Net Margin
GBCI
GBCI
SPXC
SPXC
Q1 26
26.8%
10.6%
Q4 25
20.8%
12.2%
Q3 25
26.0%
10.6%
Q2 25
21.9%
9.4%
Q1 25
24.5%
10.6%
Q4 24
27.7%
10.7%
Q3 24
23.8%
10.4%
Q2 24
22.5%
8.8%
EPS (diluted)
GBCI
GBCI
SPXC
SPXC
Q1 26
$0.63
Q4 25
$0.49
$1.56
Q3 25
$0.57
$1.28
Q2 25
$0.45
$1.10
Q1 25
$0.48
$1.09
Q4 24
$0.55
$1.21
Q3 24
$0.45
$1.06
Q2 24
$0.39
$0.94

Balance Sheet & Financial Strength

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

Metric
GBCI
GBCI
SPXC
SPXC
Cash + ST InvestmentsLiquidity on hand
$1.4B
$156.5M
Total DebtLower is stronger
$667.3M
Stockholders' EquityBook value
$4.2B
$2.3B
Total Assets
$31.7B
$3.9B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GBCI
GBCI
SPXC
SPXC
Q1 26
$1.4B
$156.5M
Q4 25
$364.0M
Q3 25
$229.4M
Q2 25
$132.8M
Q1 25
$177.8M
Q4 24
$156.9M
Q3 24
$124.8M
Q2 24
$128.1M
Total Debt
GBCI
GBCI
SPXC
SPXC
Q1 26
$667.3M
Q4 25
$496.7M
Q3 25
$499.8M
Q2 25
$950.3M
Q1 25
$872.0M
Q4 24
$577.0M
Q3 24
$665.2M
Q2 24
$509.9M
Stockholders' Equity
GBCI
GBCI
SPXC
SPXC
Q1 26
$4.2B
$2.3B
Q4 25
$4.2B
$2.2B
Q3 25
$3.6B
$2.1B
Q2 25
$3.5B
$1.5B
Q1 25
$3.3B
$1.4B
Q4 24
$3.2B
$1.4B
Q3 24
$3.2B
$1.4B
Q2 24
$3.1B
$1.3B
Total Assets
GBCI
GBCI
SPXC
SPXC
Q1 26
$31.7B
$3.9B
Q4 25
$32.0B
$3.6B
Q3 25
$29.0B
$3.4B
Q2 25
$29.0B
$3.3B
Q1 25
$27.9B
$3.1B
Q4 24
$27.9B
$2.7B
Q3 24
$28.2B
$2.8B
Q2 24
$27.8B
$2.8B
Debt / Equity
GBCI
GBCI
SPXC
SPXC
Q1 26
0.29×
Q4 25
0.22×
Q3 25
0.23×
Q2 25
0.62×
Q1 25
0.60×
Q4 24
0.42×
Q3 24
0.49×
Q2 24
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
GBCI
GBCI
SPXC
SPXC
Operating Cash FlowLast quarter
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
GBCI
GBCI
SPXC
SPXC
Q1 26
Q4 25
$374.4M
$195.2M
Q3 25
$112.4M
$106.5M
Q2 25
$86.0M
$42.5M
Q1 25
$52.4M
$-10.9M
Q4 24
$258.0M
$166.5M
Q3 24
$150.1M
$51.4M
Q2 24
$62.7M
$57.5M
Free Cash Flow
GBCI
GBCI
SPXC
SPXC
Q1 26
$11.3M
Q4 25
$347.6M
$126.7M
Q3 25
$104.8M
$96.1M
Q2 25
$79.5M
$34.8M
Q1 25
$46.8M
$-16.4M
Q4 24
$209.8M
$156.7M
Q3 24
$137.7M
$43.5M
Q2 24
$44.1M
$47.1M
FCF Margin
GBCI
GBCI
SPXC
SPXC
Q1 26
2.0%
Q4 25
113.4%
19.9%
Q3 25
40.2%
16.2%
Q2 25
33.1%
6.3%
Q1 25
21.0%
-3.4%
Q4 24
94.1%
29.4%
Q3 24
64.1%
9.0%
Q2 24
22.2%
9.4%
Capex Intensity
GBCI
GBCI
SPXC
SPXC
Q1 26
3.3%
Q4 25
8.8%
10.7%
Q3 25
2.9%
1.8%
Q2 25
2.7%
1.4%
Q1 25
2.5%
1.1%
Q4 24
21.6%
1.8%
Q3 24
5.8%
1.6%
Q2 24
9.3%
2.1%
Cash Conversion
GBCI
GBCI
SPXC
SPXC
Q1 26
Q4 25
5.87×
2.51×
Q3 25
1.66×
1.70×
Q2 25
1.63×
0.81×
Q1 25
0.96×
-0.21×
Q4 24
4.18×
2.92×
Q3 24
2.94×
1.02×
Q2 24
1.40×
1.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GBCI
GBCI

Net Interest Income$268.7M88%
Noninterest Income$38.1M12%

SPXC
SPXC

Segment breakdown not available.

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