SPX Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,265	1,984	1,741	1,461	1,220
Revenue Growth (YoY)	14.17%	13.94%	19.19%	19.79%	8.10%
Cost of Revenue	1,347	1,185	1,071	937	787.7
Gross Profit	917.7	799.4	670	523.9	431.8
Selling, General & Admin	477.6	414.6	394.4	355.7	309.6
Depreciation & Amortization Expenses	87.4	64.5	43.9	28.5	21.6
Other Operating Expenses	2.3	12	9.8	88.7	26.9
Total Operating Expenses	567.3	491.1	448.1	472.9	358.1
Operating Income	350.4	308.3	221.9	51	73.7
Interest Income	4.8	2.1	1.7	1.7	0.5
Interest Expense	-48.1	-45.7	-27.2	-9.3	-13.1
Other Non-Operating Income (Expense)	7	-9.3	-10.1	-16.3	8.8
Total Non-Operating Income (Expense)	-36.3	-52.9	-35.6	-23.9	-3.8
Pretax Income	314.1	255.4	186.3	27.1	69.9
Provision for Income Taxes	68.6	53.6	41.6	7.3	10.9
Net Income	242.5	199.2	35.1	-19.4	791.8
Earnings From Discontinued Operations	-3	-2.6	-109.6	-39.2	732.8
Net Income to Common	242.5	199.2	35.1	-19.4	791.8
Net Income Growth	21.74%	467.52%	-	-	537.52%
Shares Outstanding (Basic)	48	46	46	45	45
Shares Outstanding (Diluted)	49	47	47	46	46
Shares Change (YoY)	3.04%	1.00%	0.85%	-0.59%	1.59%
EPS (Basic)	5.10	4.34	1.97	-	9.39
EPS (Diluted)	5.03	4.26	1.93	-	9.15
EPS Growth	18.07%	120.72%	-	-	468.32%
Free Cash Flow	241.2	247.9	184.6	-152.7	165
Free Cash Flow Growth	-2.70%	34.29%	-	-	48.65%
Free Cash Flow Per Share	4.97	5.27	3.96	-3.30	3.55
Gross Margin	40.51%	40.29%	38.48%	35.86%	35.41%
Operating Margin	15.47%	15.54%	12.74%	3.49%	6.04%
Profit Margin	10.84%	10.17%	8.31%	1.36%	4.84%
FCF Margin	10.65%	12.50%	10.60%	-10.45%	13.53%
EBITDA	473	399.9	285.1	97.4	116
EBITDA Margin	20.88%	20.16%	16.37%	6.67%	9.51%
EBIT	350.4	308.3	221.9	51	73.7
EBIT Margin	15.47%	15.54%	12.74%	3.49%	6.04%
Effective Tax Rate	21.84%	20.99%	22.33%	26.94%	15.59%

Updated Feb 24, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q