SPX Technologies, Inc. (SPXC) — Financial statements
Income statement, balance sheet, and cash flow for SPX Technologies, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,265↑14.2% | 1,984↑13.9% | 1,741↑19.2% | 1,461↑19.8% | 1,220 | |
| Cost of Revenue | 1,435↑21.1% | 1,185↑10.6% | 1,071↑14.3% | 937↑19.0% | 788 | |
| Gross Profit | 830↑3.9% | 799↑19.3% | 670↑27.9% | 524↑21.3% | 432 | |
| Operating Expenses | ||||||
| R&D Expenses | 54 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 395↓4.8% | 415↑5.1% | 394↑10.9% | 356↑14.9% | 310 | |
| Other Expenses | 0.50↓99.3% | 77↑42.5% | 54↓54.2% | 117↑141.6% | 49 | |
| Operating Expenses | 449↓8.5% | 491↑9.6% | 448↓5.2% | 473↑32.1% | 358 | |
| Total Costs & Expenses | 1,884↑12.4% | 1,676↑10.3% | 1,519↑7.8% | 1,410↑23.0% | 1,146 | |
| Operating Results | ||||||
| Operating Income | 381↑23.6% | 308↑38.9% | 222↑335.1% | 51↓30.8% | 74 | |
| Depreciation & Amortization | 123↑33.8% | 92↑44.9% | 63↑36.2% | 46↑9.7% | 42 | |
| EBITDA | 504↑28.3% | 393↑41.9% | 277↑234.2% | 83↓33.9% | 125 | |
| EBIT | 381↑26.6% | 301↑41.0% | 214↑486.5% | 36↓56.1% | 83 | |
| Interest & Other Income | ||||||
| Net Interest Income | -46↓6.2% | -44↓71.0% | -26↓235.5% | -8↑39.7% | -13 | |
| Interest Income | 5↑128.6% | 2↑23.5% | 2↑0.0% | 2↑240.0% | 0.50 | |
| Interest Expense | 51↑11.8% | 46↑68.0% | 27↑192.5% | 9↓29.0% | 13 | |
| Non-Operating Income | 0.00↓100.0% | 7↓14.3% | 8↓42.5% | 15↑257.0% | -9 | |
| Other Income / Expenses | -67↓26.7% | -53↓48.6% | -36↓49.0% | -24↓528.9% | -4 | |
| Income Before Tax | 314↑23.0% | 255↑37.1% | 186↑587.5% | 27↓61.2% | 70 | |
| Income Tax Expense | 69↑28.0% | 54↑28.8% | 42↑469.9% | 7↓33.0% | 11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 246↑21.7% | 202↑39.5% | 145↑630.8% | 20↓66.4% | 59 | |
| Net Income from Discontinued Operations | 0.00↑100.0% | -1↑97.6% | -55↓179.6% | -20↓105.3% | 366 | |
| Net Income | 246↑22.4% | 201↑123.0% | 90↑44850.0% | 0.20↓100.0% | 425 | |
| Bottom-Line Net Income | 246↑22.4% | 201↑123.0% | 90↑44850.0% | 0.20↓100.0% | 425 | |
| EPS (Basic) | 5.13↑17.4% | 4.37↑121.8% | 1.97↑19600.0% | 0.01↓99.9% | 9.39 | |
| EPS (Diluted) | 5.06↑17.9% | 4.29↑122.3% | 1.93↑44503.7% | 0.00↓100.0% | 9.15 | |
| Weighted Average Shares | 48↑3.6% | 46↑1.4% | 46↑0.4% | 45↑0.1% | 45 | |
| Weighted Average Diluted Shares | 49↑3.0% | 47↑1.0% | 47↑0.8% | 46↓0.6% | 46 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.