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SPX Technologies SPXC Intangibles (Net)

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Segments

By segment

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HVAC reportable segment$601.9M
Detection and Measurement reportable segment$227.8M

Other financials

Income statement

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Revenue$566.8M+17.4%
Gross profit$230.6M+17.7%
Operating income$87.7M+31.7%
Net income$59.9M+17.0%
EPS (diluted)$1.19+9.2%

Balance sheet

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Cash & equivalents$158.3M-13.1%
Total debt$697.6M-31.7%
Total equity$2.3B+58.3%
Total assets$3.9B+23.6%

Cash flow

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Operating cash flow$30.6M+381%
CapEx$18.5M+236%
Free cash flow$12.1M+174%

Valuation

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Market cap$10.82B+13.1%
Enterprise value$11.36B+8.3%
P/E42.8×-2.6×
P/S4.6×-0.1×

Profitability

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Gross margin40.5%-0.1pp
Operating margin15.8%+0.3pp
Net margin10.8%+0.6pp
FCF margin11.5%-0.1pp

Returns & leverage

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Return on equity13.6%-1.6pp
Debt / equity0.3×-0.4×
Current ratio2.1×+0.2×

Where this comes from

Reported directly by SPX Technologies in its filing.

Tagged under the XBRL concept us-gaap:FiniteLivedIntangibleAssetsNet.

The source filing: SPX Technologies’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 5:58 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000088205-26-000032
Line itemMarch 28, 2026 / Gross Carrying ValueMarch 28, 2026 / Accumulated AmortizationMarch 28, 2026 / Net Carrying ValueDecember 31, 2025 / Gross Carrying ValueDecember 31, 2025 / Accumulated AmortizationDecember 31, 2025 / Net Carrying Value
Intangible assets with determinable lives: (1)
Customer relationships and contracts$698.3$(163.7)$534.6$557.8$(150.2)$407.6
Technology299.7(69.7)230.0274.3(64.0)210.3
Patents4.5(4.5)4.5(4.5)
Other141.5(76.4)65.1101.0(72.1)28.9
1,144.0(314.3)829.7937.6(290.8)646.8
Trademarks with indefinite lives221.4221.4221.4221.4
Total$1,365.4$(314.3)$1,051.1$1,159.0$(290.8)$868.2

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's intangibles (net)?
SPX Technologies (SPXC) reported intangibles (net) of $829.7M in Q1 2026.
How has SPX Technologies's intangibles (net) changed year-over-year?
SPX Technologies's intangibles (net) increased by 31.0% year-over-year, from $633.6M to $829.7M.
What is the long-term trend for SPX Technologies's intangibles (net)?
Over 5 years (2020 to 2025), SPX Technologies's intangibles (net) has grown at a 16.2% compound annual growth rate (CAGR), from $305M to $646.8M.
What does intangibles (net) mean?
Identifiable intangible assets (patents, trademarks, customer relationships, technology) net of accumulated amortization — excluding goodwill.

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