SPX Technologies (SPXC)
Builds HVAC systems, utility inspection tools, navigation aids, and defense communications equipment.
$174.65
After hours+0.05 (+0.03%)
At close$174.60(−3.64%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 449 | 469 | 465 | 501 | 484 | 534 | 483 | 552 | 593 | 637 | 567 | 679 |
| Cost of revenue | 280 | 282 | 282 | 301 | 286 | 316 | 287 | 324 | 353 | 384 | 336 | 406 |
| Gross profit | 169 | 188 | 183 | 201 | 198 | 218 | 196 | 229 | 240 | 253 | 231 | 273 |
| 111 | 125 | 118 | 126 | 119 | 128 | 129 | 142 | 142 | 152 | 143 | 156 | |
| Research & development | 0 | 43 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, general & administrative | 96 | 104 | 103 | 101 | 102 | 109 | 110 | 117 | 118 | 133 | 119 | 130 |
| Other expenses | 15 | −22 | 15 | 25 | 17 | 19 | 20 | 25 | 25 | 19 | 23 | 26 |
| Operating income | 58 | 63 | 65 | 75 | 79 | 90 | 67 | 87 | 97 | 102 | 88 | 117 |
| −10 | −21 | −14 | −14 | −13 | −12 | −9 | −17 | −16 | 3 | −11 | −14 | |
| Interest income | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 |
| Interest expense | 10 | 9 | 10 | 13 | 12 | 11 | 12 | 16 | 12 | 8 | 8 | 9 |
| Other non-operating income | −1 | 12 | 4 | 1 | 1 | 1 | −4 | 1 | 4 | −11 | 2 | 6 |
| Income before tax | 48 | 42 | 51 | 60 | 66 | 78 | 58 | 70 | 82 | 105 | 77 | 102 |
| Income tax expense | 12 | 10 | 2 | 15 | 15 | 21 | 6 | 17 | 18 | 27 | 13 | 23 |
| Net income from continuing operations | 36 | 32 | 49 | 45 | 51 | 57 | 52 | 53 | 63 | 78 | 64 | 79 |
| Discontinued operations | −56 | 0 | 0 | −1 | −1 | 1 | −1 | 0 | 0 | 0 | −5 | −1 |
| Net income | −20 | 32 | 49 | 44 | 50 | 57 | 51 | 52 | 63 | 78 | 60 | 78 |
| EPS, basic | −$0.45 | $0.69 | $1.07 | $0.96 | $1.08 | $1.23 | $1.10 | $1.12 | $1.30 | $1.56 | $1.20 | $1.57 |
| EPS, diluted | −$0.45 | $0.67 | $1.05 | $0.94 | $1.06 | $1.20 | $1.09 | $1.10 | $1.28 | $1.54 | $1.19 | $1.55 |
| Weighted average shares, basic | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 47 | 48 | 50 | 50 | 50 |
| Weighted average shares, diluted | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 49 | 51 | 51 | 51 |
| EBITDA | 78 | 68 | 82 | 97 | 102 | 113 | 97 | 118 | 126 | 144 | 118 | 147 |
| Depreciation & amortization | 20 | 17 | 21 | 23 | 24 | 24 | 27 | 33 | 32 | 31 | 32 | 36 |
| EBIT | 58 | 51 | 61 | 73 | 78 | 89 | 70 | 86 | 94 | 113 | 86 | 111 |
