SPX Technologies, Inc. (SPXC) Financial Statements — Income, Balance Sheet, Cash Flow

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Financial Statements — SPXC

Balance Sheet

(in billions USD)

Metric	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022	Q1 2022	Q3 2021	Q2 2021	Q1 2021
Cash & Equivalents	0.16	0.23	0.13	0.18	0.12	0.13	0.10	0.10	0.09	0.20	0.18	0.19	0.26	0.56	0.07	0.11
Accounts Receivable	0.39	0.39	0.36	0.32	0.34	0.33	0.32	0.30	0.28	0.27	0.27	0.24	0.22	0.21	0.21	0.24
Inventory	0.34	0.33	0.32	0.31	0.30	0.29	0.30	0.29	0.30	0.27	0.27	0.24	0.22	0.17	0.16	0.17
Total Current Assets	1.01	1.06	0.92	0.91	0.83	0.81	0.78	0.77	0.74	0.82	0.84	0.78	0.82	1.05	0.90	0.70
Property, Plant & Equipment	0.31	0.23	0.23	0.22	0.22	0.22	0.22	0.14	0.13	0.11	0.11	0.11	0.11	0.11	0.11	0.19
Goodwill	1.25	1.04	1.04	0.95	0.85	0.85	0.84	0.67	0.68	0.46	0.45	0.46	0.49	0.40	0.41	0.50
Intangible Assets	0.83	0.67	0.69	0.63	0.51	0.52	0.54	0.47	0.48	0.23	0.24	0.25	0.23	0.16	0.15	0.14
Total Non-current Assets*	0.56	0.45	0.42	0.42	1.98	1.97	2.02	1.70	1.76	1.20	1.64	1.71	1.75	1.44	1.51	1.60
Total Assets	3.88	3.45	3.31	3.14	2.81	2.78	2.80	2.47	2.50	2.02	2.48	2.49	2.57	2.49	2.41	2.30
Accounts Payable	0.16	0.16	0.14	0.15	0.14	0.13	0.15	0.13	0.13	0.12	0.13	0.12	0.11	0.11	0.09	0.14
Short-term Debt	0.02	0.00	0.04	0.06	0.05	0.26	0.32	0.13	0.13	0.07	0.00	0.00	0.00	0.00	0.17	0.10
Total Current Liabilities	0.48	0.43	0.47	0.48	0.45	0.63	0.69	0.49	0.49	0.39	0.37	0.37	0.39	0.48	0.71	0.59
Long-term Debt	0.64	0.50	0.95	0.87	0.67	0.51	0.52	0.53	0.53	0.24	0.24	0.22	0.23	0.23	0.24	0.28
Total Non-current Liabilities	1.11	0.87	1.31	1.21	1.00	0.87	0.87	0.83	0.84	0.50	1.03	1.03	1.06	0.95	0.97	1.05
Total Liabilities*	1.59	1.30	1.77	1.69	1.45	1.50	1.56	1.33	1.33	0.90	1.40	1.40	1.45	1.43	1.68	1.64
Retained Earnings	0.54	0.40	0.34	0.29	0.18	0.13	0.09	0.01	0.03	(0.01)	(0.02)	(0.03)	(0.04)	(0.07)	(0.40)	(0.46)
Total Stockholder Equity	2.29	2.15	1.53	1.44	1.36	1.28	1.24	1.15	1.17	1.13	1.08	1.09	1.12	1.06	0.73	0.66

* Derived from reported values

Income Statement

(in millions USD) (except per-share rows)

Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Total Revenue	566.80	637.30	592.80	552.40	482.60	533.70	483.70	501.30	465.20	469.40	448.70	423.30	399.80	429.30	370.50	354.00	307.10	238.50	285.80	296.70
Cost of Revenue	336.20	383.90	353.30	323.50	286.70	315.60	286.10	300.50	282.30	281.50	280.10	259.70	249.90	267.10	237.40	229.40	203.10	127.90	191.80	194.70
Gross Profit	230.60	253.40	239.50	228.90	195.90	218.10	197.60	200.80	182.90	187.90	168.60	163.60	149.90	162.20	133.10	124.60	104.00	131.80	300.00	102.00
Selling, General & Admin	119.40	133.20	117.70	117.20	109.50	108.90	101.60	101.20	102.90	103.50	96.30	100.80	93.80	94.10	89.10	88.30	84.20	65.40	76.20	79.20
Total Operating Expenses	142.90	153.30	142.40	142.30	129.30	127.90	118.70	126.20	118.30	124.80	110.90	112.30	100.10	187.10	95.80	97.40	92.60	102.80	255.30	89.10
Operating Income	87.70	100.10	97.10	86.60	66.60	90.20	78.90	74.60	64.60	63.10	57.70	51.30	49.80	(24.90)	37.30	27.20	11.40	17.30	11.80	12.90
Interest Expense	--	--	--	--	--	--	--	12.80	9.80	9.20	10.20	5.40	2.40	2.00	2.60	2.30	2.40	2.20	3.50	3.40
Pretax Income	77.40	104.80	81.50	69.90	57.90	77.90	66.00	60.40	51.10	41.70	48.10	46.10	50.40	(22.00)	10.00	23.50	15.60	7.20	11.40	16.70
Tax Provision	13.00	26.60	18.40	17.40	6.20	21.40	15.10	15.20	1.90	10.10	12.40	7.80	11.30	2.80	(2.50)	4.40	2.60	(1.80)	3.70	2.00
Net Income	59.90	77.90	62.70	52.20	51.20	57.10	50.20	44.20	49.00	31.50	(20.40)	36.00	42.80	(27.30)	3.10	13.00	11.40	6.00	331.10	61.50
Basic EPS	1.20	1.58	1.30	1.12	1.10	1.23	1.08	0.96	1.07	0.69	(0.45)	0.79	0.94	(0.61)	0.07	0.29	0.25	0.14	7.30	1.36
Diluted EPS	1.19	1.56	1.28	1.10	1.09	1.21	1.06	0.94	1.05	0.68	(0.44)	0.77	0.92	(0.60)	0.07	0.28	0.25	0.15	7.10	1.32

Cash Flow Statement

(in millions USD)

Metric	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Operating Cash Flow	30.60	195.20	106.50	42.50	(10.90)	166.50	51.40	57.50	10.50	126.50	14.40	72.00	(4.40)	(26.30)	(14.00)	(39.30)	(57.20)	20.80	74.90	18.70
Capital Expenditures	18.50	68.50	10.40	7.70	5.50	9.80	7.90	10.40	9.90	7.40	7.80	4.70	4.00	5.90	4.00	3.90	2.10	2.10	3.30	1.60
Free Cash Flow*	12.10	126.70	96.10	34.80	(16.40)	156.70	43.50	47.10	0.60	119.10	6.60	67.30	(8.40)	(32.20)	(18.00)	(43.20)	(59.30)	18.70	71.60	17.10
Investing Cash Flow	(395.80)	(61.80)	(41.40)	(151.20)	(306.60)	(7.20)	(5.80)	32.40	(303.90)	(9.00)	(6.40)	(550.90)	(3.90)	(6.80)	0.40	(1.90)	(57.80)	(184.50)	582.00	(84.30)
Financing Cash Flow	157.60	0.90	29.30	59.60	335.70	(123.80)	(53.60)	(62.20)	292.70	(115.50)	(1.10)	363.30	62.90	1.30	6.20	(35.00)	(11.40)	(0.80)	(167.70)	26.50

* Derived from reported values

Dividends Per Share

(USD)

Metric	Q4 2013	Q3 2013	Q2 2013	Q1 2013	Q4 2012	Q3 2012	Q2 2012	Q1 2012	Q3 2011	Q2 2011
Dividends Per Share	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25