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SPX Technologies SPXC Net Change in Cash

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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:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect.

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
Minimum withholdings paid on behalf of employees for net share settlements, net of proceeds from the exercise of employee stock options(14.6)(9.8)
Net cash from continuing operations157.6335.7
Net cash from (used in) discontinued operations
Net cash from financing activities157.6335.7
Change in cash and equivalents due to changes in foreign currency exchange rates(0.1)2.6
Net change in cash and equivalents(207.7)20.8
Consolidated cash and equivalents, beginning of period366.0161.4
Consolidated cash and equivalents, end of period$158.3$182.2

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's net change in cash?
SPX Technologies (SPXC) reported net change in cash of -$207.7M in Q1 2026.
How has SPX Technologies's net change in cash changed year-over-year?
SPX Technologies's net change in cash decreased by 1098.6% year-over-year, from $20.8M to -$207.7M.
What is the long-term trend for SPX Technologies's net change in cash?
Over 2 years (2022 to 2025), SPX Technologies's net change in cash has grown at a -7.5% compound annual growth rate (CAGR), from -$238.9M to $204.6M.
What does net change in cash mean?
Total increase or decrease in cash during the period — the sum of operating, investing, financing cash flows plus FX effects.

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