Oct 29, 4:11 PM ET
SPX Technologies reported third-quarter 2026 revenue of $714.5 million, up 20.5%, and GAAP net income of $81.9 million, up 30.6%. It raised its full-year revenue forecast to $2.745 billion to $2.805 billion but lowered its adjusted EBITDA range to $625 million to $645 million and its adjusted EPS top end to $8.50, which matters to shareholders because profit guidance moved down even as sales guidance moved up.
- Q3 2026 revenue $714.5 million, up 20.5%; GAAP EPS $1.62, up 25.6%; adjusted EPS $2.21, up 20.1%
- Full-year revenue guidance raised to $2.745 billion to $2.805 billion, from $2.705 billion to $2.765 billion
- Adjusted EBITDA guidance lowered to $625 million to $645 million, from $630 million to $660 million; adjusted EPS range now $8.20 to $8.50, from $8.20 to $8.60
- Total debt was $1,334.7 million at September 26, 2026, up from $501.6 million at December 31, 2025
Read the filing on SEC.gov ↗
Jul 30, 4:08 PM ET
SPX Technologies reported second-quarter 2026 revenue of $679.0 million, up 22.9%, and GAAP EPS of $1.56, up 41.8% from a year earlier. The company raised its full-year 2026 guidance for revenue, adjusted EBITDA and adjusted EPS, citing data center demand and the Neptronic acquisition. Total debt rose to $614.7 million and cash fell to $168.2 million, so shareholders will also watch the balance sheet after the July 2026 borrowings for Neptronic.
- Q2 2026 revenue of $679.0 million, up 22.9%; GAAP EPS of $1.56, up 41.8%; adjusted EPS of $2.02, up 22.4%
- 2026 revenue guidance raised to $2.705 to $2.765 billion from $2.575 to $2.645 billion
- 2026 adjusted EBITDA guidance raised to $630 to $660 million from $600 to $625 million; adjusted EPS guidance raised to $8.20 to $8.60 from $7.75 to $8.15
- Total debt was $614.7 million and cash was $168.2 million at June 27, 2026; the company borrowed $340.0 million in July 2026 to fund the Neptronic acquisition
Read the filing on SEC.gov ↗
Jul 27, 6:47 AM ET
SPX Technologies elected Brian Deck, who is CEO of JBT Marel Corporation, as a director effective July 27, 2026, and appointed him to the Audit and Governance & Sustainability Committees. The filing describes this as a board addition with pro-rated director pay, with no change to reported financial results.
- Brian Deck elected director effective July 27, 2026; Board elected him July 24, 2026
- Appointed to Audit and Governance & Sustainability Committees, effective July 27, 2026
- Annual non-employee director pay: $100,000 cash retainer and $150,000 grant-date value of restricted stock units, pro-rated for his service through the 2027 Annual Meeting
- Deck currently serves as CEO of JBT Marel Corporation (NYSE: JBTM)
Read the filing on SEC.gov ↗
Jun 22, 6:30 AM ET
SPX Technologies said John W. Swann III, President of its Detection and Measurement Segment, informed the company on June 18, 2026 of his decision to retire in January 2027. The filing does not name a successor or describe any change to the company's financial outlook.
- John W. Swann III, President, Detection and Measurement Segment, notified the company on June 18, 2026.
- He plans to retire in January 2027, about seven months after the notice.
- The filing does not name a successor or give a replacement timeline.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.