SPX Technologies, Inc. (SPXC) Financial Statements
Industry: Metalworkg Machinery & Equipment
In fiscal 2025, SPX Technologies reported revenue of $2.27B, up 14.2% from $1.98B the year before. Net income was $244.0M (a 10.8% net margin), or $5.03 per diluted share. Gross margin was 40.5% and operating margin was 15.5%. Operating activities generated $333.3M of cash, leaving $241.2M of free cash flow. At fiscal year end, SPX Technologies held $3.60B in total assets against $1.37B in total liabilities, including $364.0M of cash and equivalents.
Open the full interactive SPX Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
SPX Technologies Key Stats
| Share Price | $171.91 |
|---|---|
| Market Cap | $8.71B |
| P/E Ratio | 34.2 |
| Revenue YoY Growth | +14.2% |
| 52-Week Range | $168.45 – $246.41 |
| Shares Outstanding | 50.1 million (basic, 2026 Q2) |
SPX Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.56B | $1.22B | $1.46B | $1.74B | $1.98B | $2.27B |
| Cost of Goods Sold | $1.08B | $787.7M | $937.0M | $1.07B | $1.18B | $1.35B |
| Gross Profit | $478.9M | $431.8M | $523.9M | $670.0M | $799.4M | $917.7M |
| Operating Income | $132.0M | $73.7M | $51.0M | $221.9M | $308.3M | $350.4M |
| Pre-Tax Income | $116.5M | $69.9M | $27.1M | $186.3M | $255.4M | $314.1M |
| Income Tax | $15.8M | $10.9M | $7.3M | $41.6M | $53.6M | $68.6M |
| Net Income | $97.2M | $425.4M | $200,000 | $89.9M | $200.5M | $244.0M |
| Diluted EPS | $2.12 | $9.15 | — | $1.93 | $4.26 | $5.03 |
SPX Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $592.8M | $637.3M | $566.8M | $679.0M |
| Net Income | $62.7M | $77.9M | $59.9M | $78.4M |
| Diluted EPS | $1.28 | $1.61 | $1.19 | $1.55 |
SPX Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $68.3M | $388.2M | $147.8M | $99.4M | $156.9M | $364.0M |
| Current Assets | $682.6M | $903.4M | $721.1M | $709.6M | $784.3M | $1.14B |
| Total Assets | $2.30B | $2.63B | $1.93B | $2.44B | $2.71B | $3.60B |
| Current Liabilities | $584.9M | $439.5M | $333.8M | $401.2M | $418.3M | $461.1M |
| Total Long-Term Debt | $311.2M | $243.8M | $245.0M | $540.4M | $604.6M | $500.2M |
| Total Liabilities | $1.67B | $1.53B | $851.7M | $1.25B | $1.33B | $1.37B |
| Shareholders' Equity | $629.2M | $1.10B | $1.08B | $1.19B | $1.38B | $2.24B |
SPX Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $126.3M | $174.6M | -$136.8M | $208.5M | $285.9M | $333.3M |
| Cash From Investing | -$126.1M | $314.1M | -$66.1M | -$570.2M | -$284.5M | -$561.0M |
| Cash From Financing | $15.9M | -$167.6M | -$38.9M | $309.6M | $53.1M | $425.5M |
| Free Cash Flow | $104.8M | $165.0M | -$152.7M | $184.6M | $247.9M | $241.2M |
Figures from SPX Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full SPX Technologies financials page for every line item.
SPX Technologies Company Profile
| Ticker | SPXC |
|---|---|
| Exchange | NYSE |
| Industry | Metalworkg Machinery & Equipment |
| Headquarters | Charlotte, North Carolina |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000088205 |
Frequently Asked Questions
What was SPX Technologies' revenue in fiscal 2025?
SPX Technologies (SPXC) reported revenue of $2.27B for fiscal 2025.
What is SPX Technologies' annual revenue history?
SPX Technologies' annual revenue by fiscal year: 2020: $1.56B; 2021: $1.22B; 2022: $1.46B; 2023: $1.74B; 2024: $1.98B; 2025: $2.27B.
What was SPX Technologies' net income in fiscal 2025?
SPX Technologies reported net income of $244.0M for fiscal 2025.
What was SPX Technologies' earnings per share (EPS) in fiscal 2025?
SPX Technologies' diluted EPS was $5.03 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did SPX Technologies generate in fiscal 2025?
SPX Technologies generated $241.2M of free cash flow in fiscal 2025.
What was SPX Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), SPX Technologies reported revenue of $679.0M.
How much debt does SPX Technologies have?
SPX Technologies reported $500.2M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of SPX Technologies are outstanding?
SPX Technologies reported a weighted average of 50.1 million basic shares outstanding in 2026 Q2.
What is SPX Technologies' market cap?
Based on its latest closing price, SPX Technologies (SPXC) has a market capitalization of about $8.71B.
When does SPX Technologies' fiscal year end?
SPX Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is SPX Technologies headquartered?
SPX Technologies lists its business address in Charlotte, North Carolina in its SEC filings.