SPX Technologies, Inc.
SPXC- Exchange
- NYSE
- Industry
- Metalworkg Machinery & Equipment
- SEC CIK
- 0000088205
In the last 90 days, SPX Technologies, Inc. insiders filed 2 open-market purchases and 0 sales; 521 institutions reported holding it in 13F filings for Q2 2026, worth $11.6B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 31, 2026, 1:09 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 24, 2026 | Feb 25, 2025 | Feb 22, 2024 | Feb 23, 2023 | Feb 23, 2022 |
| Revenue | $2.27B | $1.98B | $1.74B | $1.46B | $1.22B |
| Cost of revenue | $1.35B | $1.18B | $1.07B | $937.0M | $787.7M |
| Research and development | $54.0M | $45.9M | $43.2M | $39.1M | $30.7M |
| Selling, general and administrative | $477.6M | $414.6M | $394.4M | $355.7M | $309.6M |
| Operating income | $350.4M | $308.3M | $221.9M | $51.0M | $73.7M |
| Interest expense | – | – | $27.2M | $9.30M | $13.3M |
| Income tax | $68.6M | $53.6M | $41.6M | $7.30M | $10.9M |
| Net income | $244.0M | $200.5M | $89.9M | $200.0K | $425.4M |
| EPS, basic | $5.10 | $4.34 | $1.97 | $0.00 | $9.39 |
| EPS, diluted | $5.03 | $4.26 | $1.93 | $0.00 | $9.15 |
| Weighted shares, basic | 47.8M | 46.2M | 45.5M | 45.3M | 45.3M |
| Weighted shares, diluted | 48.5M | 47.1M | 46.6M | 46.2M | 46.5M |
| Margins and growth | |||||
| Operating margin | 15.5% | 15.5% | 12.7% | 3.5% | 6.0% |
| Net margin | 10.8% | 10.1% | 5.2% | 0.0% | 34.9% |
| Revenue growth, year over year | +14.2% | +13.9% | +19.2% | +19.8% | −21.8% |
| Net income growth, year over year | +21.7% | +123.0% | +44,850.0% | −100.0% | +337.7% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 24, 2026 | Feb 25, 2025 | Feb 22, 2024 | Feb 23, 2023 | Feb 23, 2022 |
| Cash and equivalents | $364.0M | $156.9M | $99.4M | $147.8M | $388.2M |
| Accounts receivable | $357.2M | $313.6M | $279.8M | $263.5M | $223.4M |
| Inventory | $302.2M | $271.0M | $276.7M | $244.0M | $189.8M |
| Total current assets | $1.14B | $784.3M | $709.6M | $721.1M | $903.4M |
| Goodwill | $1.04B | $834.5M | $704.8M | $455.3M | $457.3M |
| Intangible assets | $868.2M | $703.0M | $680.8M | $401.6M | $415.5M |
| Total assets | $3.60B | $2.71B | $2.44B | $1.93B | $2.63B |
| Accounts payable | $145.2M | $128.1M | $118.7M | $124.5M | $119.6M |
| Short-term debt | $1.40M | $10.1M | $17.9M | $1.80M | $2.20M |
| Total current liabilities | $461.1M | $418.3M | $401.2M | $333.8M | $439.5M |
| Shareholders' equity | $2.24B | $1.38B | $1.19B | $1.08B | $1.10B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 24, 2026 | Feb 25, 2025 | Feb 22, 2024 | Feb 23, 2023 | Feb 23, 2022 |
| Operating cash flow | $333.3M | $285.9M | $208.5M | -$136.8M | $174.6M |
| Capital expenditures | $92.1M | $38.0M | $23.9M | $15.9M | $9.60M |
| Free cash flow | $241.2M | $247.9M | $184.6M | -$152.7M | $165.0M |
| Depreciation and amortization | $122.6M | $91.6M | $63.2M | $46.4M | $42.3M |
| Stock-based compensation | $16.7M | $15.0M | $13.4M | $10.9M | $12.8M |
| Share buybacks | – | $0 | $0 | $33.7M | – |
| Investing cash flow | -$561.0M | -$284.5M | -$570.2M | -$66.1M | $314.1M |
| Financing cash flow | $425.5M | $53.1M | $309.6M | -$38.9M | -$167.6M |
| Net change in cash | $204.6M | $56.5M | -$52.2M | -$238.9M | $327.7M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.7% | 0.8% | 0.8% | 0.7% | 1.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 50.1M | +0.5% | SEC |
| Jul 24, 2026 | 50.1M | +7.1% | SEC |
| Apr 24, 2026 | 50.1M | +7.2% | SEC |
| Feb 20, 2026 | 49.9M | +7.5% | SEC |
| Oct 24, 2025 | 49.8M | +7.5% | SEC |
| Jul 25, 2025 | 46.8M | +1.0% | SEC |
| Apr 25, 2025 | 46.7M | +1.0% | SEC |
| Feb 21, 2025 | 46.4M | +1.5% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.