SPX Technologies SPXC Deferred Revenue
Deferred Revenue at other companies
Other financials
Where this comes from
Reported directly by SPX Technologies in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.
The official record: SPX Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SPX Technologies's deferred revenue?
- SPX Technologies (SPXC) reported deferred revenue of $115.1M in Q1 2026.
- How has SPX Technologies's deferred revenue changed year-over-year?
- SPX Technologies's deferred revenue increased by 43.9% year-over-year, from $80M to $115.1M.
- What is the long-term trend for SPX Technologies's deferred revenue?
- Over 5 years (2020 to 2025), SPX Technologies's deferred revenue has grown at a 24.4% compound annual growth rate (CAGR), from $38.8M to $115.8M.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.
- How do you interpret deferred revenue?
- An increase indicates strong future demand and a growing backlog of work, which is a positive indicator for future revenue recognition.
- How does deferred revenue compare across companies?
- Common in service-heavy or long-cycle manufacturing; peers with similar business models will show comparable deferred revenue levels.