# SPX Technologies, Inc.: financial statements, quarterly

SPXC · NYSE · CIK 88205 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/spxc.md) · [Financials](/companies/spxc/financials.md) · [Filings](/companies/spxc/filings.md) · [Insiders](/companies/spxc/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/spxc/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [449](/filings/0000088205-24-000059.md) | [469 d](/filings/0000088205-26-000008.md) | [465](/filings/0000088205-25-000037.md) | [501](/filings/0000088205-25-000062.md) | [484](/filings/0000088205-25-000073.md) | [534 d](/filings/0000088205-26-000008.md) | [483](/filings/0000088205-26-000032.md) | [552](/filings/0000088205-26-000053.md) | [593](/filings/0000088205-25-000073.md) | [637 d](/filings/0000088205-26-000008.md) | [567](/filings/0000088205-26-000032.md) | [679](/filings/0000088205-26-000053.md) |
| Cost of revenue | $m | [280](/filings/0000088205-24-000059.md) | [282 d](/filings/0000088205-26-000008.md) | [282](/filings/0000088205-25-000037.md) | [301](/filings/0000088205-25-000062.md) | [286](/filings/0000088205-25-000073.md) | [316 d](/filings/0000088205-26-000008.md) | [287](/filings/0000088205-26-000032.md) | [324](/filings/0000088205-26-000053.md) | [353](/filings/0000088205-25-000073.md) | [384 d](/filings/0000088205-26-000008.md) | [336](/filings/0000088205-26-000032.md) | [406](/filings/0000088205-26-000053.md) |
| Gross profit | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Selling, general and administrative | $m | [96.3](/filings/0000088205-24-000059.md) | [104 d](/filings/0000088205-26-000008.md) | [103](/filings/0000088205-25-000037.md) | [101](/filings/0000088205-25-000062.md) | [102](/filings/0000088205-25-000073.md) | [109 d](/filings/0000088205-26-000008.md) | [110](/filings/0000088205-26-000032.md) | [117](/filings/0000088205-26-000053.md) | [118](/filings/0000088205-25-000073.md) | [133 d](/filings/0000088205-26-000008.md) | [119](/filings/0000088205-26-000032.md) | [130](/filings/0000088205-26-000053.md) |
| Operating income | $m | [57.7](/filings/0000088205-24-000059.md) | [63.1 d](/filings/0000088205-26-000008.md) | [64.6](/filings/0000088205-25-000037.md) | [74.6](/filings/0000088205-25-000062.md) | [78.9](/filings/0000088205-25-000073.md) | [90.2 d](/filings/0000088205-26-000008.md) | [66.6](/filings/0000088205-26-000032.md) | [86.6](/filings/0000088205-26-000053.md) | [97.1](/filings/0000088205-25-000073.md) | [100 d](/filings/0000088205-26-000008.md) | [87.7](/filings/0000088205-26-000032.md) | [115](/filings/0000088205-26-000053.md) |
| Interest expense | $m | [10.2](/filings/0000088205-23-000037.md) | [9.2 d](/filings/0000088205-24-000008.md) | [9.8](/filings/0000088205-24-000039.md) | [12.8](/filings/0000088205-24-000050.md) | [12.1](/filings/0000088205-25-000073.md) | [11.0 d](/filings/0000088205-26-000008.md) | [12.3](/filings/0000088205-26-000032.md) | [15.6](/filings/0000088205-26-000053.md) | [12.0](/filings/0000088205-25-000073.md) | [8.2 d](/filings/0000088205-26-000008.md) | [8.4](/filings/0000088205-26-000032.md) | [8.8](/filings/0000088205-26-000053.md) |
| Income tax | $m | [12.4](/filings/0000088205-24-000059.md) | [10.1 d](/filings/0000088205-26-000008.md) | [1.9](/filings/0000088205-25-000037.md) | [15.2](/filings/0000088205-25-000062.md) | [15.1](/filings/0000088205-25-000073.md) | [21.4 d](/filings/0000088205-26-000008.md) | [6.2](/filings/0000088205-26-000032.md) | [17.4](/filings/0000088205-26-000053.md) | [18.4](/filings/0000088205-25-000073.md) | [26.6 d](/filings/0000088205-26-000008.md) | [13.0](/filings/0000088205-26-000032.md) | [22.9](/filings/0000088205-26-000053.md) |
| Net income | $m | [(20.4)](/filings/0000088205-24-000059.md) | [31.5 d](/filings/0000088205-26-000008.md) | [49.0](/filings/0000088205-25-000037.md) | [44.2](/filings/0000088205-25-000062.md) | [50.2](/filings/0000088205-25-000073.md) | [57.1 d](/filings/0000088205-26-000008.md) | [51.2](/filings/0000088205-26-000032.md) | [52.2](/filings/0000088205-26-000053.md) | [62.7](/filings/0000088205-25-000073.md) | [77.9 d](/filings/0000088205-26-000008.md) | [59.9](/filings/0000088205-26-000032.md) | [78.4](/filings/0000088205-26-000053.md) |
| Diluted EPS | $ per share | [(0.44)](/filings/0000088205-24-000059.md) | not reported | [1.05](/filings/0000088205-25-000037.md) | [0.94](/filings/0000088205-25-000062.md) | [1.06](/filings/0000088205-25-000073.md) | not reported | [1.09](/filings/0000088205-26-000032.md) | [1.10](/filings/0000088205-26-000053.md) | [1.28](/filings/0000088205-25-000073.md) | not reported | [1.19](/filings/0000088205-26-000032.md) | [1.55](/filings/0000088205-26-000053.md) |
| Basic EPS | $ per share | [(0.45)](/filings/0000088205-24-000059.md) | not reported | [1.07](/filings/0000088205-25-000037.md) | [0.96](/filings/0000088205-25-000062.md) | [1.08](/filings/0000088205-25-000073.md) | not reported | [1.10](/filings/0000088205-26-000032.md) | [1.12](/filings/0000088205-26-000053.md) | [1.30](/filings/0000088205-25-000073.md) | not reported | [1.20](/filings/0000088205-26-000032.md) | [1.57](/filings/0000088205-26-000053.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Gross profit: not reported
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpense, us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2023 (2023-09-30) | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [101](/filings/0000088205-24-000059.md) | [99.4](/filings/0000088205-26-000008.md) | [101](/filings/0000088205-25-000037.md) | [128](/filings/0000088205-25-000062.md) | [125](/filings/0000088205-25-000073.md) | [157](/filings/0000088205-26-000008.md) | [178](/filings/0000088205-26-000032.md) | [133](/filings/0000088205-26-000053.md) | [229](/filings/0000088205-25-000073.md) | [364](/filings/0000088205-26-000053.md) | [157](/filings/0000088205-26-000032.md) | [166](/filings/0000088205-26-000053.md) |
| Current assets | $m | [769](/filings/0000088205-23-000037.md) | [710](/filings/0000088205-25-000007.md) | [780](/filings/0000088205-24-000039.md) | [809](/filings/0000088205-24-000050.md) | [828](/filings/0000088205-24-000059.md) | [784](/filings/0000088205-26-000008.md) | [907](/filings/0000088205-25-000037.md) | [921](/filings/0000088205-25-000062.md) | [1,064](/filings/0000088205-25-000073.md) | [1,144](/filings/0000088205-26-000053.md) | [1,013](/filings/0000088205-26-000032.md) | [1,102](/filings/0000088205-26-000053.md) |
| Total assets | $m | [2,473](/filings/0000088205-23-000037.md) | [2,440](/filings/0000088205-25-000007.md) | [2,800](/filings/0000088205-24-000039.md) | [2,783](/filings/0000088205-24-000050.md) | [2,806](/filings/0000088205-24-000059.md) | [2,715](/filings/0000088205-26-000008.md) | [3,138](/filings/0000088205-25-000037.md) | [3,307](/filings/0000088205-25-000062.md) | [3,446](/filings/0000088205-25-000073.md) | [3,605](/filings/0000088205-26-000053.md) | [3,880](/filings/0000088205-26-000032.md) | [3,939](/filings/0000088205-26-000053.md) |
| Current liabilities | $m | [494](/filings/0000088205-23-000037.md) | [401](/filings/0000088205-25-000007.md) | [695](/filings/0000088205-24-000039.md) | [633](/filings/0000088205-24-000050.md) | [446](/filings/0000088205-24-000059.md) | [418](/filings/0000088205-26-000008.md) | [483](/filings/0000088205-25-000037.md) | [468](/filings/0000088205-25-000062.md) | [431](/filings/0000088205-25-000073.md) | [461](/filings/0000088205-26-000053.md) | [481](/filings/0000088205-26-000032.md) | [604](/filings/0000088205-26-000053.md) |
| Current portion of debt | $m | [14.0](/filings/0000088205-23-000037.md) | [17.3](/filings/0000088205-25-000007.md) | [20.8](/filings/0000088205-24-000039.md) | [24.1](/filings/0000088205-24-000050.md) | [24.2](/filings/0000088205-24-000059.md) | [27.6](/filings/0000088205-26-000008.md) | [27.6](/filings/0000088205-25-000037.md) | [27.6](/filings/0000088205-25-000062.md) | [0.4](/filings/0000088205-25-000073.md) | [3.5](/filings/0000088205-26-000053.md) | [6.7](/filings/0000088205-26-000032.md) | [9.9](/filings/0000088205-26-000053.md) |
| Short-term borrowings | $m | [130](/filings/0000088205-23-000037.md) | [17.9](/filings/0000088205-25-000007.md) | [317](/filings/0000088205-24-000039.md) | [256](/filings/0000088205-24-000050.md) | [48.4](/filings/0000088205-24-000059.md) | [10.1](/filings/0000088205-26-000008.md) | [60.7](/filings/0000088205-25-000037.md) | [41.4](/filings/0000088205-25-000062.md) | [1.4](/filings/0000088205-25-000073.md) | [1.4](/filings/0000088205-26-000053.md) | [23.6](/filings/0000088205-26-000032.md) | [74.3](/filings/0000088205-26-000053.md) |
| Shareholders' equity | $m | [1,147](/filings/0000088205-24-000059.md) | [1,195](/filings/0000088205-26-000008.md) | [1,238](/filings/0000088205-25-000062.md) | [1,284](/filings/0000088205-25-000073.md) | [1,358](/filings/0000088205-25-000073.md) | [1,384](/filings/0000088205-26-000053.md) | [1,443](/filings/0000088205-26-000053.md) | [1,533](/filings/0000088205-26-000053.md) | [2,148](/filings/0000088205-25-000073.md) | [2,238](/filings/0000088205-26-000053.md) | [2,285](/filings/0000088205-26-000053.md) | [2,348](/filings/0000088205-26-000053.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Short-term borrowings: us-gaap:ShortTermBorrowings
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q3 FY2023 (2023-09-30) | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [14.4 d](/filings/0000088205-24-000059.md) | [127 d](/filings/0000088205-26-000008.md) | [10.5](/filings/0000088205-25-000037.md) | [57.5 d](/filings/0000088205-25-000062.md) | [51.4 d](/filings/0000088205-25-000073.md) | [167 d](/filings/0000088205-26-000008.md) | [(10.9)](/filings/0000088205-26-000032.md) | [42.5 d](/filings/0000088205-26-000053.md) | [107 d](/filings/0000088205-25-000073.md) | [195 d](/filings/0000088205-26-000008.md) | [30.6](/filings/0000088205-26-000032.md) | [89.6 d](/filings/0000088205-26-000053.md) |
| Capital expenditure | $m | [7.8 d](/filings/0000088205-24-000059.md) | [7.4 d](/filings/0000088205-26-000008.md) | [9.9](/filings/0000088205-25-000037.md) | [10.4 d](/filings/0000088205-25-000062.md) | [7.9 d](/filings/0000088205-25-000073.md) | [9.8 d](/filings/0000088205-26-000008.md) | [5.5](/filings/0000088205-26-000032.md) | [7.7 d](/filings/0000088205-26-000053.md) | [10.4 d](/filings/0000088205-25-000073.md) | [68.5 d](/filings/0000088205-26-000008.md) | [18.5](/filings/0000088205-26-000032.md) | [21.1 d](/filings/0000088205-26-000053.md) |
| Dividends paid | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Share repurchases | $m | [0.0 d](/filings/0000088205-23-000037.md) | [0.0 d](/filings/0000088205-25-000007.md) | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets
- Dividends paid: not reported
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2022 (2022-10-01) | Q1 FY2023 (2023-04-01) | Q2 FY2023 (2023-07-01) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-30) | Q2 FY2024 (2024-06-29) | Q3 FY2024 (2024-09-28) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [46.1](/filings/0000088205-23-000037.md) | [46.4](/filings/0000088205-24-000039.md) | [46.6](/filings/0000088205-24-000050.md) | [46.8](/filings/0000088205-24-000059.md) | [46.7](/filings/0000088205-25-000037.md) | [47.2](/filings/0000088205-25-000062.md) | [47.3](/filings/0000088205-25-000073.md) | [47.1](/filings/0000088205-26-000032.md) | [47.4](/filings/0000088205-26-000053.md) | [48.9](/filings/0000088205-25-000073.md) | [50.5](/filings/0000088205-26-000032.md) | [50.7](/filings/0000088205-26-000053.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 50,085,860 at 2026-07-24, from the cover of the [10-Q filed 2026-07-31](/filings/0000088205-26-000053.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:20 ET. No prices; not investment advice.