SPX Technologies, Inc. (SPXC) quarterly income statement — complete revenue, gross profit & net income history
SPX Technologies, Inc. (SPXC) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 714.5M | 679M | 566.8M | 637.3M | 592.8M | 552.4M | 482.6M | 533.7M | 483.7M | 501.3M | 465.2M | 469.4M | 448.7M | 423.3M | 399.8M | 429.3M | 370.5M | 354M | 307.1M | 349.1M |
| Revenue Growth % | 20.53% | 22.92% | 17.45% | 19.41% | 22.56% | 10.19% | 3.74% | 13.7% | 7.8% | 18.43% | 16.36% | 9.34% | 21.11% | 19.58% | 30.19% | 22.97% | 29.68% | 19.35% | 6.93% | -23.04% |
| Cost of Goods Sold | 435M | 406.2M | 336.2M | 383.9M | 353.3M | 323.5M | 286.7M | 315.6M | 286.1M | 300.5M | 282.3M | 281.5M | 280.1M | 259.7M | 249.9M | 267.1M | 237.4M | 229.4M | 203.1M | 217.3M |
| COGS % of Revenue | 60.88% | 59.82% | 59.32% | 60.24% | 59.6% | 58.56% | 59.41% | 59.13% | 59.15% | 59.94% | 60.68% | 59.97% | 62.42% | 61.35% | 62.51% | 62.22% | 64.08% | 64.8% | 66.13% | 62.25% |
| Gross Profit | 279.5M | 272.8M | 230.6M | 253.4M | 239.5M | 228.9M | 195.9M | 218.1M | 197.6M | 200.8M | 182.9M | 187.9M | 168.6M | 163.6M | 149.9M | 162.2M | 133.1M | 124.6M | 104M | 131.8M |
| Gross Margin % | 39.12% | 40.18% | 40.68% | 39.76% | 40.4% | 41.44% | 40.59% | 40.87% | 40.85% | 40.06% | 39.32% | 40.03% | 37.58% | 38.65% | 37.49% | 37.78% | 35.92% | 35.2% | 33.87% | 37.75% |
| Gross Profit Growth % | 16.7% | 19.18% | 17.71% | 16.19% | 21.2% | 13.99% | 7.11% | 16.07% | 17.2% | 22.74% | 22.01% | 15.84% | 26.67% | 31.3% | 44.13% | 23.07% | 38.94% | 21.8% | -0.38% | -7.51% |
| Operating Expenses | 164.2M | 156.2M | 142.7M | 151.7M | 142.3M | 142.3M | 129.2M | 127.9M | 118.7M | 126.2M | 118.3M | 124.8M | 110.9M | 112.3M | 100.1M | 187.1M | 95.8M | 97.4M | 92.6M | 102.8M |
| OpEx % of Revenue | 22.98% | 23% | 25.18% | 23.8% | 24% | 25.76% | 26.77% | 23.96% | 24.54% | 25.17% | 25.43% | 26.59% | 24.72% | 26.53% | 25.04% | 43.58% | 25.86% | 27.51% | 30.15% | 29.45% |
| Selling, General & Admin | 132.7M | 129.9M | 119.4M | 133.2M | 117.7M | 117.2M | 109.5M | 108.9M | 101.6M | 101.2M | 102.9M | 103.5M | 96.3M | 100.8M | 93.8M | 94.1M | 89.1M | 88.3M | 84.2M | 74.9M |
| SG&A % of Revenue | 18.57% | 19.13% | 21.07% | 20.9% | 19.85% | 21.22% | 22.69% | 20.4% | 21% | 20.19% | 22.12% | 22.05% | 21.46% | 23.81% | 23.46% | 21.92% | 24.05% | 24.94% | 27.42% | 21.46% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | 9.22% | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 115.3M | 116.6M | 87.9M | 101.7M | 97.2M | 86.6M | 66.7M | 90.2M | 78.9M | 74.6M | 64.6M | 63.1M | 57.7M | 51.3M | 49.8M | -24.9M | 37.3M | 27.2M | 11.4M | 29M |
| Operating Margin % | 16.14% | 17.17% | 15.51% | 15.96% | 16.4% | 15.68% | 13.82% | 16.9% | 16.31% | 14.88% | 13.89% | 13.44% | 12.86% | 12.12% | 12.46% | -5.8% | 10.07% | 7.68% | 3.71% | 8.31% |
| Operating Income Growth % | 18.62% | 34.64% | 31.78% | 12.75% | 23.19% | 16.09% | 3.25% | 42.95% | 36.74% | 45.42% | 29.72% | 353.41% | 54.69% | 88.6% | 336.84% | -185.86% | 110.73% | 59.06% | -54.4% | -16.91% |
| EBITDA | 156.7M | 152.3M | 120M | 132.4M | 129.6M | 119.1M | 93.7M | 113.9M | 102.4M | 98M | 85.6M | 79.9M | 77.4M | 67.3M | 60.5M | -15.4M | 48.6M | 38.8M | 25.4M | 39.2M |
| EBITDA Margin % | 21.93% | 22.43% | 21.17% | 20.78% | 21.86% | 21.56% | 19.42% | 21.34% | 21.17% | 19.55% | 18.4% | 17.02% | 17.25% | 15.9% | 15.13% | -3.59% | 13.12% | 10.96% | 8.27% | 11.23% |
| EBITDA Growth % | 20.91% | 27.88% | 28.07% | 16.24% | 26.56% | 21.53% | 9.46% | 42.55% | 32.3% | 45.62% | 41.49% | 618.83% | 59.26% | 73.45% | 138.19% | -139.29% | 63.64% | 37.1% | -24.63% | -18.33% |
| D&A (Non-Cash Add-back) | 41.4M | 35.7M | 32.1M | 30.7M | 32.4M | 32.5M | 27M | 23.7M | 23.5M | 23.4M | 21M | 16.8M | 19.7M | 16M | 10.7M | 9.5M | 11.3M | 11.6M | 14M | 10.2M |
| EBIT | 117.4M | 111M | 85.8M | 113M | 93.5M | 85.5M | 70.2M | 88.9M | 78.1M | 73.2M | 60.9M | 50.9M | 58.3M | 51.5M | 52.8M | -20M | 12.6M | 25.8M | 18M | 20.9M |
| Net Interest Income | -10.5M | -7.7M | -7.3M | -6.4M | -10.9M | -14.6M | -11.4M | -10.1M | -11.5M | -12.5M | -9.5M | -9M | -9.4M | -5.2M | -1.9M | -1.7M | -1.6M | -2M | -2.3M | -2.1M |
| Interest Income | 600K | 1.1M | 1.1M | 1.8M | 1.1M | 1M | 900K | 900K | 600K | 300K | 300K | 200K | 800K | 200K | 500K | 300K | 1M | 300K | 100K | 100K |
| Interest Expense | 11.1M | 8.8M | 8.4M | 8.2M | 12M | 15.6M | 12.3M | 11M | 12.1M | 12.8M | 9.8M | 9.2M | 10.2M | 5.4M | 2.4M | 2M | 2.6M | 2.3M | 2.4M | 2.2M |
| Other Income/Expense | -9M | -14.4M | -10.5M | 3.1M | -15.7M | -16.7M | -8.8M | -12.3M | -12.9M | -14.2M | -13.5M | -21.4M | -9.6M | -5.2M | 600K | 2.9M | -27.3M | -3.7M | 4.2M | -10.3M |
| Pretax Income | 106.3M | 102.2M | 77.4M | 104.8M | 81.5M | 69.9M | 57.9M | 77.9M | 66M | 60.4M | 51.1M | 41.7M | 48.1M | 46.1M | 50.4M | -22M | 10M | 23.5M | 15.6M | 18.7M |
| Pretax Margin % | 14.88% | 15.05% | 13.66% | 16.44% | 13.75% | 12.65% | 12% | 14.6% | 13.64% | 12.05% | 10.98% | 8.88% | 10.72% | 10.89% | 12.61% | -5.12% | 2.7% | 6.64% | 5.08% | 5.36% |
| Income Tax | 24M | 22.9M | 13M | 26.6M | 18.4M | 17.4M | 6.2M | 21.4M | 15.1M | 15.2M | 1.9M | 10.1M | 12.4M | 7.8M | 11.3M | 2.8M | -2.5M | 4.4M | 2.6M | 1.1M |
| Effective Tax Rate % | 22.58% | 22.41% | 16.8% | 25.38% | 22.58% | 24.89% | 10.71% | 27.47% | 22.88% | 25.17% | 3.72% | 24.22% | 25.78% | 16.92% | 22.42% | -12.73% | -25% | 18.72% | 16.67% | 5.88% |
| Net Income | 81.9M | 78.4M | 59.9M | 77.9M | 62.7M | 52.2M | 51.2M | 57.1M | 50.2M | 44.2M | 49M | 31.5M | -20.4M | 36M | 42.8M | -27.3M | 3.1M | 13M | 11.4M | 6M |
| Net Margin % | 11.46% | 11.55% | 10.57% | 12.22% | 10.58% | 9.45% | 10.61% | 10.7% | 10.38% | 8.82% | 10.53% | 6.71% | -4.55% | 8.5% | 10.71% | -6.36% | 0.84% | 3.67% | 3.71% | 1.72% |
| Net Income Growth % | 30.62% | 50.19% | 16.99% | 36.43% | 24.9% | 18.1% | 4.49% | 81.27% | 346.08% | 22.78% | 14.49% | 215.38% | -758.06% | 176.92% | 275.44% | -555% | -99.06% | -79% | -57.46% | -75.61% |
| Net Income (Continuing) | 82.3M | 79.3M | 64.4M | 78.2M | 63.1M | 52.5M | 51.7M | 56.5M | 50.9M | 45.2M | 49.2M | 31.6M | 35.7M | 38.3M | 39.1M | -24.8M | 12.5M | 19.1M | 13M | 17.6M |
| Discontinued Operations | -400K | -900K | -1000K | -300K | -400K | -300K | -500K | 600K | -700K | -1000K | -200K | -100K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.62 | 1.55 | 1.19 | 1.54 | 1.28 | 1.10 | 1.09 | 1.20 | 1.06 | 0.94 | 1.05 | 0.67 | -0.45 | 0.77 | 0.92 | -0.60 | 0.07 | 0.28 | 0.25 | 0.14 |
| EPS Growth % | 26.56% | 40.91% | 9.17% | 28.33% | 20.75% | 17.02% | 3.81% | 79.1% | 335.56% | 22.08% | 14.13% | 211.67% | -742.86% | 175% | 268% | -528.57% | -99.01% | -78.95% | -56.9% | -73.58% |
| EPS (Basic) | 1.64 | 1.57 | 1.20 | 1.56 | 1.30 | 1.12 | 1.10 | 1.23 | 1.08 | 0.96 | 1.07 | 0.69 | -0.45 | 0.79 | 0.92 | -0.60 | 0.07 | 0.29 | 0.25 | 0.14 |
| Diluted Shares Outstanding | 50.65M | 50.67M | 50.52M | 50.63M | 48.92M | 47.4M | 47.12M | 47.37M | 47.27M | 47.16M | 46.68M | 46.87M | 46.75M | 46.63M | 46.4M | 45.24M | 46.13M | 46.29M | 46.45M | 46.7M |
| Basic Shares Outstanding | 50.09M | 50.07M | 49.92M | 49.85M | 48.17M | 46.72M | 46.45M | 46.36M | 46.3M | 46.25M | 45.83M | 45.66M | 45.61M | 45.53M | 45.38M | 45.24M | 45.14M | 45.44M | 45.55M | 45.43M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |