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Side-by-side financial comparison of Penguin Solutions, Inc. (PENG) 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 ($637.3M vs $343.1M, roughly 1.9× Penguin Solutions, Inc.). SPX Technologies, Inc. runs the higher net margin — 12.2% vs 1.5%, a 10.7% gap on every dollar of revenue. On growth, SPX Technologies, Inc. posted the faster year-over-year revenue change (19.4% vs 0.6%). SPX Technologies, Inc. produced more free cash flow last quarter ($126.7M vs $28.2M). Over the past eight quarters, SPX Technologies, Inc.'s revenue compounded faster (17.0% CAGR vs 11.8%).

The Lampo Group, LLC, doing business as Ramsey Solutions, is an American company that provides products and services relating to personal finance, leadership development, interpersonal relationships, and professional development. Founded in 1991 by Dave Ramsey and his wife, Sharon, the company is based in Franklin, Tennessee.

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...

PENG vs SPXC — Head-to-Head

Bigger by revenue
SPXC
SPXC
1.9× larger
SPXC
$637.3M
$343.1M
PENG
Growing faster (revenue YoY)
SPXC
SPXC
+18.8% gap
SPXC
19.4%
0.6%
PENG
Higher net margin
SPXC
SPXC
10.7% more per $
SPXC
12.2%
1.5%
PENG
More free cash flow
SPXC
SPXC
$98.5M more FCF
SPXC
$126.7M
$28.2M
PENG
Faster 2-yr revenue CAGR
SPXC
SPXC
Annualised
SPXC
17.0%
11.8%
PENG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PENG
PENG
SPXC
SPXC
Revenue
$343.1M
$637.3M
Net Profit
$5.3M
$77.9M
Gross Margin
28.0%
39.8%
Operating Margin
5.7%
15.7%
Net Margin
1.5%
12.2%
Revenue YoY
0.6%
19.4%
Net Profit YoY
1.0%
36.4%
EPS (diluted)
$0.04
$1.56

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
PENG
PENG
SPXC
SPXC
Q4 25
$343.1M
$637.3M
Q3 25
$337.9M
$592.8M
Q2 25
$324.3M
$552.4M
Q1 25
$365.5M
$482.6M
Q4 24
$341.1M
$533.7M
Q3 24
$284.8M
$483.7M
Q2 24
$300.6M
$501.3M
Q1 24
$465.2M
Net Profit
PENG
PENG
SPXC
SPXC
Q4 25
$5.3M
$77.9M
Q3 25
$9.4M
$62.7M
Q2 25
$2.7M
$52.2M
Q1 25
$8.1M
$51.2M
Q4 24
$5.2M
$57.1M
Q3 24
$50.2M
Q2 24
$5.6M
$44.2M
Q1 24
$49.0M
Gross Margin
PENG
PENG
SPXC
SPXC
Q4 25
28.0%
39.8%
Q3 25
28.6%
40.4%
Q2 25
29.3%
41.4%
Q1 25
28.6%
40.6%
Q4 24
28.7%
40.9%
Q3 24
28.8%
40.9%
Q2 24
29.6%
40.1%
Q1 24
39.3%
Operating Margin
PENG
PENG
SPXC
SPXC
Q4 25
5.7%
15.7%
Q3 25
3.7%
16.4%
Q2 25
3.0%
15.7%
Q1 25
5.1%
13.8%
Q4 24
5.1%
16.9%
Q3 24
-1.2%
16.3%
Q2 24
3.8%
14.9%
Q1 24
13.9%
Net Margin
PENG
PENG
SPXC
SPXC
Q4 25
1.5%
12.2%
Q3 25
2.8%
10.6%
Q2 25
0.8%
9.4%
Q1 25
2.2%
10.6%
Q4 24
1.5%
10.7%
Q3 24
10.4%
Q2 24
1.9%
8.8%
Q1 24
10.5%
EPS (diluted)
PENG
PENG
SPXC
SPXC
Q4 25
$0.04
$1.56
Q3 25
$0.10
$1.28
Q2 25
$-0.01
$1.10
Q1 25
$0.09
$1.09
Q4 24
$0.10
$1.21
Q3 24
$1.06
Q2 24
$0.10
$0.94
Q1 24
$1.05

Balance Sheet & Financial Strength

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

Metric
PENG
PENG
SPXC
SPXC
Cash + ST InvestmentsLiquidity on hand
$461.5M
$364.0M
Total DebtLower is stronger
$462.3M
$496.7M
Stockholders' EquityBook value
$389.7M
$2.2B
Total Assets
$1.6B
$3.6B
Debt / EquityLower = less leverage
1.19×
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PENG
PENG
SPXC
SPXC
Q4 25
$461.5M
$364.0M
Q3 25
$453.8M
$229.4M
Q2 25
$735.5M
$132.8M
Q1 25
$647.0M
$177.8M
Q4 24
$393.7M
$156.9M
Q3 24
$389.5M
$124.8M
Q2 24
$467.5M
$128.1M
Q1 24
$100.5M
Total Debt
PENG
PENG
SPXC
SPXC
Q4 25
$462.3M
$496.7M
Q3 25
$461.8M
$499.8M
Q2 25
$659.5M
$950.3M
Q1 25
$658.8M
$872.0M
Q4 24
$658.1M
$577.0M
Q3 24
$657.3M
$665.2M
Q2 24
$667.0M
$509.9M
Q1 24
$516.6M
Stockholders' Equity
PENG
PENG
SPXC
SPXC
Q4 25
$389.7M
$2.2B
Q3 25
$394.2M
$2.1B
Q2 25
$584.8M
$1.5B
Q1 25
$602.5M
$1.4B
Q4 24
$400.4M
$1.4B
Q3 24
$391.4M
$1.4B
Q2 24
$423.4M
$1.3B
Q1 24
$1.2B
Total Assets
PENG
PENG
SPXC
SPXC
Q4 25
$1.6B
$3.6B
Q3 25
$1.6B
$3.4B
Q2 25
$1.8B
$3.3B
Q1 25
$1.8B
$3.1B
Q4 24
$1.6B
$2.7B
Q3 24
$1.5B
$2.8B
Q2 24
$1.5B
$2.8B
Q1 24
$2.8B
Debt / Equity
PENG
PENG
SPXC
SPXC
Q4 25
1.19×
0.22×
Q3 25
1.17×
0.23×
Q2 25
1.13×
0.62×
Q1 25
1.09×
0.60×
Q4 24
1.64×
0.42×
Q3 24
1.68×
0.49×
Q2 24
1.58×
0.40×
Q1 24
0.42×

Cash Flow & Capital Efficiency

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

Metric
PENG
PENG
SPXC
SPXC
Operating Cash FlowLast quarter
$31.1M
$195.2M
Free Cash FlowOCF − Capex
$28.2M
$126.7M
FCF MarginFCF / Revenue
8.2%
19.9%
Capex IntensityCapex / Revenue
0.8%
10.7%
Cash ConversionOCF / Net Profit
5.89×
2.51×
TTM Free Cash FlowTrailing 4 quarters
$116.3M
$241.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PENG
PENG
SPXC
SPXC
Q4 25
$31.1M
$195.2M
Q3 25
$-70.4M
$106.5M
Q2 25
$92.8M
$42.5M
Q1 25
$72.9M
$-10.9M
Q4 24
$13.8M
$166.5M
Q3 24
$51.4M
Q2 24
$57.9M
$57.5M
Q1 24
$10.5M
Free Cash Flow
PENG
PENG
SPXC
SPXC
Q4 25
$28.2M
$126.7M
Q3 25
$-73.4M
$96.1M
Q2 25
$90.9M
$34.8M
Q1 25
$70.5M
$-16.4M
Q4 24
$12.0M
$156.7M
Q3 24
$43.5M
Q2 24
$48.9M
$47.1M
Q1 24
$600.0K
FCF Margin
PENG
PENG
SPXC
SPXC
Q4 25
8.2%
19.9%
Q3 25
-21.7%
16.2%
Q2 25
28.0%
6.3%
Q1 25
19.3%
-3.4%
Q4 24
3.5%
29.4%
Q3 24
9.0%
Q2 24
16.3%
9.4%
Q1 24
0.1%
Capex Intensity
PENG
PENG
SPXC
SPXC
Q4 25
0.8%
10.7%
Q3 25
0.9%
1.8%
Q2 25
0.6%
1.4%
Q1 25
0.6%
1.1%
Q4 24
0.5%
1.8%
Q3 24
1.6%
Q2 24
3.0%
2.1%
Q1 24
2.1%
Cash Conversion
PENG
PENG
SPXC
SPXC
Q4 25
5.89×
2.51×
Q3 25
-7.47×
1.70×
Q2 25
34.88×
0.81×
Q1 25
9.02×
-0.21×
Q4 24
2.65×
2.92×
Q3 24
1.02×
Q2 24
10.30×
1.30×
Q1 24
0.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PENG
PENG

Integrated Memory Segment$171.6M50%
Advanced Computing Segment$115.7M34%
Optimized LED Segment$55.7M16%

SPXC
SPXC

Package And Process Cooling Equipment And Services And Engineered Air Movement And Handling Solutions$258.5M41%
Detectionand Measurement Reportable Segment$206.2M32%
CA$57.7M9%
Kranze Technology Solutions Inc$37.9M6%
GB$32.0M5%
Other Foreign Countries$28.6M4%
Other$16.4M3%

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