SPXCNYSEMetalworkg Machinery & EquipmentFiscal year ends December 31
SPX Technologies, Inc.
Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Jul 31, 2026
$166.50+0.46 (+0.28%)
Close on Oct 19, 2026
- Market cap
- $8.44B
- P/E (TTM)
- 29.9
- Dividend yield
- –
SPX Technologies, Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Segment Reporting | $2.27B | $1.98B | $1.74B | $1.46B | – | – | – | – | – | – | 100.0% | +14.2% |
| HVAC reportable segment | $1.52B | $1.36B | $1.12B | $913.80M | $752.10M | $740.80M | $738.70M | $582.10M | $511.00M | $509.50M | 67.0% | +11.2% |
| HVAC | $1.52B | $1.36B | $1.12B | $913.80M | – | – | – | – | – | – | 67.0% | +11.2% |
| Detection and Measurement reportable segment | $746.90M | $619.20M | $618.90M | $547.10M | $467.40M | $387.30M | $384.90M | $320.90M | $260.30M | $226.40M | 33.0% | +20.6% |
| Detection and Measurement reportable segment | $746.90M | $619.20M | $618.90M | $547.10M | – | – | – | – | – | – | 33.0% | +20.6% |
| Engineered Solutions | – | – | – | – | – | $577.50M | $548.90M | $537.00M | $560.70M | $598.00M | – | – |
| Other Segments | – | – | – | – | – | $4.00M | -$6.10M | $72.60M | $93.80M | $138.40M | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Segment Reporting | $548.80M | $460.60M | $353.20M | $249.60M | – | – | – | – | – | – | +19.1% |
| HVAC reportable segment | $372.60M | $323.90M | $234.40M | $135.50M | $107.70M | $106.20M | $103.20M | $90.00M | $74.10M | $80.20M | +15.0% |
| Detection and Measurement reportable segment | $176.20M | $136.70M | $118.80M | $114.10M | $92.90M | $80.90M | $81.70M | $72.40M | $63.40M | $45.30M | +28.9% |
| HVAC | – | $323.90M | $234.40M | $135.50M | – | – | – | – | – | – | – |
| Detection and Measurement reportable segment | – | $136.70M | $118.80M | $114.10M | – | – | – | – | – | – | – |
| Engineered Solutions | – | – | – | – | – | $60.50M | $43.00M | $35.00M | $44.20M | $39.10M | – |
| Other Segments | – | – | – | – | – | -$19.30M | -$43.60M | -$16.00M | -$56.80M | -$21.80M | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Package and process cooling equipment and services, and engineered air movement and handling solutions | $932.90M | $884.00M | $683.20M | – | – | – | – | – | – | – | 41.2% | +5.5% |
| Hydronic heating, electrical heating, and ventilation | $585.30M | $480.70M | $439.10M | – | – | – | – | – | – | – | 25.8% | +21.8% |
| Communication technologies, aids to navigation, and transportation systems | $491.00M | $358.30M | $354.80M | $285.00M | – | – | – | – | – | – | 21.7% | +37.0% |
| Underground locators, inspection and rehabilitation equipment, and robotic systems | $255.90M | $260.90M | $264.10M | $262.10M | $256.80M | $217.80M | $194.30M | $159.10M | – | – | 11.3% | -1.9% |
| Underground locators and inspection and rehabilitation equipment | – | – | – | – | – | – | $194.30M | $159.10M | – | – | – | – |
| Cooling | – | – | – | – | – | $297.00M | $284.20M | $281.70M | – | – | – | – |
| Power transformers | – | – | – | – | – | $427.40M | $403.40M | $373.80M | – | – | – | – |
| Boilers, comfort heating, and ventilation | – | – | – | $376.80M | $318.30M | $293.70M | $309.00M | $300.40M | – | – | – | – |
| Process cooling equipment, services, and heat exchangers | – | – | – | – | – | – | $154.80M | $212.70M | – | – | – | – |
| South African projects | – | – | – | – | – | $3.20M | -$10.90M | $49.10M | – | – | – | – |
| Communication technologies, aids to navigation, and transportation systems | – | – | $354.80M | $285.00M | $210.60M | $169.50M | $190.60M | $161.80M | – | – | – | – |
| Process cooling equipment and services | – | – | – | – | – | $150.90M | $150.30M | $186.70M | – | – | – | – |
| Package and process cooling equipment and services, and engineered air quality solutions | – | – | – | $537.00M | $433.80M | $447.10M | $429.70M | – | – | – | – | – |
| Package and process cooling equipment and services, and engineered air movement and handling solutions | – | $884.00M | $683.20M | $537.00M | $433.80M | – | – | – | – | – | – | – |
| Boilers, electrical heating, and ventilation | – | $480.70M | $439.10M | $376.80M | $318.30M | – | – | – | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.81B | $1.64B | $1.45B | $1.22B | $991.50M | $935.70M | $972.70M | $1.29B | $1.24B | $1.24B | 80.0% | +10.5% |
| Canada | $193.40M | $111.30M | $48.40M | $17.30M | – | – | – | – | – | – | 8.5% | +73.8% |
| United Kingdom | $95.50M | $90.90M | $96.30M | $96.50M | $80.10M | $88.40M | $59.00M | $62.40M | $60.80M | $59.10M | 4.2% | +5.1% |
| Other | $91.90M | $76.00M | $88.70M | $72.60M | $90.00M | $62.30M | $60.80M | $47.50M | $36.80M | $39.10M | 4.1% | +20.9% |
| China | $71.70M | $64.90M | $53.70M | $51.00M | $57.90M | $41.70M | $31.10M | $38.50M | $28.00M | $33.50M | 3.2% | +10.5% |
| South Africa | – | – | – | – | – | $4.00M | -$6.10M | $72.60M | $56.90M | $105.40M | – | – |
From the segment and revenue-disaggregation notes of SPX Technologies's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.