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SPX Technologies SPXC Segment Reporting — Revenue

Other segment segments

Revenues
$394M—
Cost of products sold
$172.8M—

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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$12.16B+67.0%
Enterprise value$12.7B+54.3%
P/E48.1×+12.2×
P/S5.2×+1.5×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: SPX Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SPX Technologies's segment reporting — revenue?
SPX Technologies (SPXC) reported segment reporting — revenue of $566.8M in Q1 2026.
How has SPX Technologies's segment reporting — revenue changed year-over-year?
SPX Technologies's segment reporting — revenue increased by 17.4% year-over-year, from $482.6M to $566.8M.
What does segment reporting — revenue mean?
The total sales generated by a specific business segment before deducting any operating expenses.
How do you interpret segment reporting — revenue?
An increase indicates growing market share or higher demand for the segment's offerings, while a decrease may signal market saturation or competitive pressure.
How does segment reporting — revenue compare across companies?
Comparable to segment-level net sales reported by diversified industrial or HVAC manufacturing peers.