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SPX Technologies SPXC Interest Expense

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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:InterestExpenseNonoperating.

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 itemThree months ended / March 28,2026Three months ended / March 29,2025
Special charges, net0.20.1
Operating income87.766.6
Other income (expense), net(3.0)2.7
Interest expense(8.4)(12.3)
Interest income1.10.9
Income from continuing operations before income taxes77.457.9
Income tax provision(13.0)(6.2)
Income from continuing operations64.451.7

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's interest expense?
SPX Technologies (SPXC) reported interest expense of $8.4M in Q1 2026.
How has SPX Technologies's interest expense changed year-over-year?
SPX Technologies's interest expense decreased by 31.7% year-over-year, from $12.3M to $8.4M.
What is the long-term trend for SPX Technologies's interest expense?
Over 4 years (2021 to 2025), SPX Technologies's interest expense has grown at a 37.9% compound annual growth rate (CAGR), from $13.3M to $48.1M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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