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SPX Technologies SPXC HVAC reportable segment — Operating Income (Loss)

Other segment segments

Detection and Measurement reportable segment
$46.7M

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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:OperatingIncomeLoss.

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
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
Selling, general and administrative expense37.936.2

ITEM 1. Financial Statements

FAQ

What is SPX Technologies's HVAC reportable segment — operating income (loss)?
SPX Technologies (SPXC) reported HVAC reportable segment — operating income (loss) of $88.6M in Q1 2026.
How has SPX Technologies's HVAC reportable segment — operating income (loss) changed year-over-year?
SPX Technologies's HVAC reportable segment — operating income (loss) increased by 19.9% year-over-year, from $73.9M to $88.6M.
What is the long-term trend for SPX Technologies's HVAC reportable segment — operating income (loss)?
Over 4 years (2021 to 2025), SPX Technologies's HVAC reportable segment — operating income (loss) has grown at a 36.4% compound annual growth rate (CAGR), from $107.7M to $372.6M.
What does HVAC reportable segment — operating income (loss) mean?
This is the profit or loss generated by the HVAC segment after deducting cost of goods sold and operating expenses from segment revenue. It is the primary measure of the segment's core operational profitability. Investors use this to evaluate the segment's ability to generate value from its specific business activities.

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