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Side-by-side financial comparison of Kimball Electronics, Inc. (KE) 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 $341.3M, roughly 1.7× Kimball Electronics, Inc.). SPX Technologies, Inc. runs the higher net margin — 10.6% vs 1.1%, a 9.5% gap on every dollar of revenue. On growth, SPX Technologies, Inc. posted the faster year-over-year revenue change (22.0% vs -4.5%). SPX Technologies, Inc. produced more free cash flow last quarter ($11.3M vs $-11.2M). Over the past eight quarters, SPX Technologies, Inc.'s revenue compounded faster (6.3% CAGR vs -10.4%).

Kimball International, Inc. is an American company which consists of furniture brands: Kimball, National, Interwoven, Etc., David Edward, D'Style and Kimball Hospitality. It is the successor to W.W. Kimball and Company, the world's largest piano and organ manufacturer at certain times in the 19th and 20th centuries.

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...

KE vs SPXC — Head-to-Head

Bigger by revenue
SPXC
SPXC
1.7× larger
SPXC
$566.8M
$341.3M
KE
Growing faster (revenue YoY)
SPXC
SPXC
+26.5% gap
SPXC
22.0%
-4.5%
KE
Higher net margin
SPXC
SPXC
9.5% more per $
SPXC
10.6%
1.1%
KE
More free cash flow
SPXC
SPXC
$22.5M more FCF
SPXC
$11.3M
$-11.2M
KE
Faster 2-yr revenue CAGR
SPXC
SPXC
Annualised
SPXC
6.3%
-10.4%
KE

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
KE
KE
SPXC
SPXC
Revenue
$341.3M
$566.8M
Net Profit
$3.6M
$59.9M
Gross Margin
8.2%
Operating Margin
3.2%
15.5%
Net Margin
1.1%
10.6%
Revenue YoY
-4.5%
22.0%
Net Profit YoY
6.0%
17.0%
EPS (diluted)
$0.15

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
KE
KE
SPXC
SPXC
Q1 26
$566.8M
Q4 25
$341.3M
$637.3M
Q3 25
$365.6M
$592.8M
Q2 25
$380.5M
$552.4M
Q1 25
$374.6M
$482.6M
Q4 24
$357.4M
$533.7M
Q3 24
$374.3M
$483.7M
Q2 24
$430.2M
$501.3M
Net Profit
KE
KE
SPXC
SPXC
Q1 26
$59.9M
Q4 25
$3.6M
$77.9M
Q3 25
$10.1M
$62.7M
Q2 25
$6.6M
$52.2M
Q1 25
$3.8M
$51.2M
Q4 24
$3.4M
$57.1M
Q3 24
$3.2M
$50.2M
Q2 24
$7.5M
$44.2M
Gross Margin
KE
KE
SPXC
SPXC
Q1 26
Q4 25
8.2%
39.8%
Q3 25
7.9%
40.4%
Q2 25
8.0%
41.4%
Q1 25
7.2%
40.6%
Q4 24
6.6%
40.9%
Q3 24
6.3%
40.9%
Q2 24
8.5%
40.1%
Operating Margin
KE
KE
SPXC
SPXC
Q1 26
15.5%
Q4 25
3.2%
15.7%
Q3 25
4.0%
16.4%
Q2 25
4.3%
15.7%
Q1 25
3.1%
13.8%
Q4 24
2.3%
16.9%
Q3 24
2.4%
16.3%
Q2 24
4.6%
14.9%
Net Margin
KE
KE
SPXC
SPXC
Q1 26
10.6%
Q4 25
1.1%
12.2%
Q3 25
2.8%
10.6%
Q2 25
1.7%
9.4%
Q1 25
1.0%
10.6%
Q4 24
1.0%
10.7%
Q3 24
0.8%
10.4%
Q2 24
1.8%
8.8%
EPS (diluted)
KE
KE
SPXC
SPXC
Q1 26
Q4 25
$0.15
$1.56
Q3 25
$0.40
$1.28
Q2 25
$0.27
$1.10
Q1 25
$0.15
$1.09
Q4 24
$0.14
$1.21
Q3 24
$0.12
$1.06
Q2 24
$0.29
$0.94

Balance Sheet & Financial Strength

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

Metric
KE
KE
SPXC
SPXC
Cash + ST InvestmentsLiquidity on hand
$77.9M
$156.5M
Total DebtLower is stronger
$153.8M
$667.3M
Stockholders' EquityBook value
$579.2M
$2.3B
Total Assets
$1.1B
$3.9B
Debt / EquityLower = less leverage
0.27×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KE
KE
SPXC
SPXC
Q1 26
$156.5M
Q4 25
$77.9M
$364.0M
Q3 25
$75.7M
$229.4M
Q2 25
$88.8M
$132.8M
Q1 25
$51.4M
$177.8M
Q4 24
$53.9M
$156.9M
Q3 24
$76.6M
$124.8M
Q2 24
$78.0M
$128.1M
Total Debt
KE
KE
SPXC
SPXC
Q1 26
$667.3M
Q4 25
$153.8M
$496.7M
Q3 25
$137.5M
$499.8M
Q2 25
$147.1M
$950.3M
Q1 25
$178.3M
$872.0M
Q4 24
$204.5M
$577.0M
Q3 24
$665.2M
Q2 24
$294.8M
$509.9M
Stockholders' Equity
KE
KE
SPXC
SPXC
Q1 26
$2.3B
Q4 25
$579.2M
$2.2B
Q3 25
$577.1M
$2.1B
Q2 25
$569.9M
$1.5B
Q1 25
$548.1M
$1.4B
Q4 24
$537.5M
$1.4B
Q3 24
$547.8M
$1.4B
Q2 24
$540.5M
$1.3B
Total Assets
KE
KE
SPXC
SPXC
Q1 26
$3.9B
Q4 25
$1.1B
$3.6B
Q3 25
$1.1B
$3.4B
Q2 25
$1.1B
$3.3B
Q1 25
$1.1B
$3.1B
Q4 24
$1.1B
$2.7B
Q3 24
$1.1B
$2.8B
Q2 24
$1.2B
$2.8B
Debt / Equity
KE
KE
SPXC
SPXC
Q1 26
0.29×
Q4 25
0.27×
0.22×
Q3 25
0.24×
0.23×
Q2 25
0.26×
0.62×
Q1 25
0.33×
0.60×
Q4 24
0.38×
0.42×
Q3 24
0.49×
Q2 24
0.55×
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
KE
KE
SPXC
SPXC
Operating Cash FlowLast quarter
$6.9M
Free Cash FlowOCF − Capex
$-11.2M
$11.3M
FCF MarginFCF / Revenue
-3.3%
2.0%
Capex IntensityCapex / Revenue
5.3%
3.3%
Cash ConversionOCF / Net Profit
1.89×
TTM Free Cash FlowTrailing 4 quarters
$81.8M
$268.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KE
KE
SPXC
SPXC
Q1 26
Q4 25
$6.9M
$195.2M
Q3 25
$8.1M
$106.5M
Q2 25
$78.1M
$42.5M
Q1 25
$30.9M
$-10.9M
Q4 24
$29.5M
$166.5M
Q3 24
$45.5M
$51.4M
Q2 24
$48.5M
$57.5M
Free Cash Flow
KE
KE
SPXC
SPXC
Q1 26
$11.3M
Q4 25
$-11.2M
$126.7M
Q3 25
$-2.5M
$96.1M
Q2 25
$68.4M
$34.8M
Q1 25
$27.0M
$-16.4M
Q4 24
$23.1M
$156.7M
Q3 24
$32.1M
$43.5M
Q2 24
$39.5M
$47.1M
FCF Margin
KE
KE
SPXC
SPXC
Q1 26
2.0%
Q4 25
-3.3%
19.9%
Q3 25
-0.7%
16.2%
Q2 25
18.0%
6.3%
Q1 25
7.2%
-3.4%
Q4 24
6.5%
29.4%
Q3 24
8.6%
9.0%
Q2 24
9.2%
9.4%
Capex Intensity
KE
KE
SPXC
SPXC
Q1 26
3.3%
Q4 25
5.3%
10.7%
Q3 25
2.9%
1.8%
Q2 25
2.5%
1.4%
Q1 25
1.0%
1.1%
Q4 24
1.8%
1.8%
Q3 24
3.6%
1.6%
Q2 24
2.1%
2.1%
Cash Conversion
KE
KE
SPXC
SPXC
Q1 26
Q4 25
1.89×
2.51×
Q3 25
0.80×
1.70×
Q2 25
11.86×
0.81×
Q1 25
8.11×
-0.21×
Q4 24
8.58×
2.92×
Q3 24
14.42×
1.02×
Q2 24
6.43×
1.30×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KE
KE

Automotive$162.3M48%
Medical$96.3M28%
Industrial$82.7M24%

SPXC
SPXC

Segment breakdown not available.

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