SPX Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	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	2,349	2,265	1,984	1,741	1,461	1,220
Revenue Growth (YoY)	17.39%	14.17%	13.94%	19.19%	19.79%	8.10%
Cost of Revenue	1,397	1,347	1,185	1,071	937	787.7
Gross Profit	952.4	917.7	799.4	670	523.9	431.8
Selling, General & Admin	487.5	477.6	414.6	394.4	355.7	309.6
Depreciation & Amortization Expenses	91	87.4	64.5	43.9	28.5	21.6
Other Operating Expenses	2.4	2.3	12	9.8	88.7	26.9
Total Operating Expenses	580.9	567.3	491.1	448.1	472.9	358.1
Operating Income	371.5	350.4	308.3	221.9	51	73.7
Interest Income	5	4.8	2.1	1.7	1.7	0.5
Interest Expense	-44.2	-48.1	-45.7	-27.2	-9.3	-13.1
Other Non-Operating Income (Expense)	1.3	7	-9.3	-10.1	-16.3	8.8
Total Non-Operating Income (Expense)	-37.9	-36.3	-52.9	-35.6	-23.9	-3.8
Pretax Income	333.6	314.1	255.4	186.3	27.1	69.9
Provision for Income Taxes	75.4	68.6	53.6	41.6	7.3	10.9
Net Income	252.7	244	200.5	89.9	0.2	425.4
Earnings From Discontinued Operations	-11	-3	-2.6	-109.6	-39.2	732.8
Net Income to Common	252.7	244	200.5	89.9	0.2	425.4
Net Income Growth	24.67%	21.70%	123.03%	44850.00%	-99.95%	329.70%
Shares Outstanding (Basic)	49	48	46	46	45	45
Shares Outstanding (Diluted)	49	49	47	47	46	46
Shares Change (YoY)	4.53%	3.04%	1.00%	0.85%	-0.59%	1.59%
EPS (Basic)	5.19	5.10	4.34	1.97	-	9.39
EPS (Diluted)	5.12	5.03	4.26	1.93	-	9.15
EPS Growth	18.79%	18.07%	120.72%	-	-	468.32%
Shares Outstanding	50.06	49.87	46.37	45.67	45.29	45.47
Free Cash Flow	269.7	241.2	247.9	184.6	-152.7	165
Free Cash Flow Growth	11.82%	-2.70%	34.29%	-	-	48.65%
Free Cash Flow Per Share	5.46	4.97	5.27	3.96	-3.30	3.55
Gross Margin	40.54%	40.51%	40.29%	38.48%	35.86%	35.41%
Operating Margin	15.81%	15.47%	15.54%	12.74%	3.49%	6.04%
Profit Margin	10.99%	10.84%	10.17%	8.31%	1.36%	4.84%
FCF Margin	11.48%	10.65%	12.50%	10.60%	-10.45%	13.53%
EBITDA	499.2	473	399.9	285.1	97.4	116
EBITDA Margin	21.25%	20.88%	20.16%	16.37%	6.67%	9.51%
EBIT	371.5	350.4	308.3	221.9	51	73.7
EBIT Margin	15.81%	15.47%	15.54%	12.74%	3.49%	6.04%
Effective Tax Rate	22.60%	21.84%	20.99%	22.33%	26.94%	15.59%

Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q