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SPX Technologies SPXC HVAC reportable segment — Cost of products sold

Other segment segments

Detection and Measurement reportable segment
$117.9M—

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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:CostOfGoodsAndServicesSold.

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
HVAC reportable segment
Revenues$394.0$323.0
Cost of products sold246.6199.6
Selling, general and administrative expense58.849.5
Segment income$88.6$73.9
Detection and Measurement reportable segment
Revenues$172.8$159.6
Cost of products sold88.286.8

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's HVAC reportable segment — cost of products sold?
SPX Technologies (SPXC) reported HVAC reportable segment — cost of products sold of $246.6M in Q1 2026.
How has SPX Technologies's HVAC reportable segment — cost of products sold changed year-over-year?
SPX Technologies's HVAC reportable segment — cost of products sold increased by 23.5% year-over-year, from $199.6M to $246.6M.
What is the long-term trend for SPX Technologies's HVAC reportable segment — cost of products sold?
Over 2 years (2023 to 2025), SPX Technologies's HVAC reportable segment — cost of products sold has grown at a 13.8% compound annual growth rate (CAGR), from $712.8M to $923.8M.
What does HVAC reportable segment — cost of products sold mean?
This metric captures the direct costs associated with manufacturing and delivering HVAC products, including raw materials, direct labor, and factory overhead. It is a critical measure of production efficiency and supply chain management within the segment. Tracking this helps evaluate the segment's gross margin sustainability.

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