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SPX Technologies SPXC HVAC reportable segment — SG&A

Other segment segments

Detection and Measurement reportable segment
$40.4M—

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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:SellingGeneralAndAdministrativeExpense.

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 — SG&A?
SPX Technologies (SPXC) reported HVAC reportable segment — SG&A of $58.8M in Q1 2026.
How has SPX Technologies's HVAC reportable segment — SG&A changed year-over-year?
SPX Technologies's HVAC reportable segment — SG&A increased by 18.8% year-over-year, from $49.5M to $58.8M.
What is the long-term trend for SPX Technologies's HVAC reportable segment — SG&A?
Over 2 years (2023 to 2025), SPX Technologies's HVAC reportable segment — SG&A has grown at a 12.5% compound annual growth rate (CAGR), from $175.1M to $221.8M.
What does HVAC reportable segment — SG&A mean?
This represents the operating expenses incurred by the HVAC segment for administrative support, sales, marketing, and general management. It reflects the overhead required to maintain and grow the segment's operations. Investors monitor this to assess the segment's operating leverage and cost control discipline.

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