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SPX Technologies SPXC Pension 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$10.76B+13.1%
Enterprise value$11.3B+8.3%
P/E42.6×-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:PensionAndOtherPostretirementBenefitExpense.

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
Amortization of compensation expense related to acquisition (Refer to Note 3)3.64.3
Deferred and other income taxes2.6(0.5)
Depreciation and amortization32.127.0
Pension and other employee benefits6.55.5
Long-term incentive compensation3.73.7
Other, net, including allowance for doubtful accounts(0.1)0.2
Changes in operating assets and liabilities, net of effects from acquisitions and divestitures:
Accounts receivable and other assets(17.9)(26.3)

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's pension expense?
SPX Technologies (SPXC) reported pension expense of $6.5M in Q1 2026.
How has SPX Technologies's pension expense changed year-over-year?
SPX Technologies's pension expense increased by 18.2% year-over-year, from $5.5M to $6.5M.
What is the long-term trend for SPX Technologies's pension expense?
Over 3 years (2021 to 2025), SPX Technologies's pension expense has grown at a 32.3% compound annual growth rate (CAGR), from -$8.6M to $19.9M.
What does pension expense mean?
Non-cash pension and postretirement benefit expense that exceeds or falls short of cash contributions to the plans.

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