Every material Form 8-K SPX Technologies filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
SPX Technologies reported third-quarter 2025 revenue of $592.8 million, up 22.6%, and GAAP EPS of $1.29, up 19.4%, in a press release furnished under Item 2.02 of Form 8-K. The company raised its full-year 2025 Adjusted EBITDA and Adjusted EPS guidance while maintaining its revenue range of $2.225 billion to $2.275 billion.
Q3 2025 revenue was $592.8 million, up 22.6%; GAAP income from continuing operations was $63.1 million, up 24.0%
Q3 2025 Adjusted EPS was $1.84, up 32.4%, and Adjusted EBITDA was $136.1 million, up 30.9%
2025 Adjusted EBITDA guidance raised to $495 million to $515 million from $485 million to $510 million
2025 Adjusted EPS guidance raised to $6.65 to $6.80 from $6.35 to $6.65; revenue guidance maintained at $2.225 billion to $2.275 billion
SPX Technologies' subsidiary SPX Enterprises signed a third amendment to its credit agreement with Bank of America as administrative agent, providing $2.025 billion of committed senior secured financing. The initial borrowings will repay debt outstanding under the existing agreement, and all facilities mature September 9, 2030.
Committed senior secured financing totals $2.025 billion across a $500 million term loan, a revolver of up to $1.5 billion, and a $25 million bilateral foreign credit instrument facility
All facilities have a final maturity of September 9, 2030
Proceeds of initial borrowings will repay indebtedness under the Existing Credit Agreement dated August 12, 2022
Covenants require an interest coverage ratio of at least 3.00 to 1.00 and a leverage ratio of no more than 3.75 to 1.00 (4.25 to 1.00 after certain acquisitions)
SPX Technologies reported second-quarter 2025 revenue of $552.4 million, up 10.2%, and GAAP EPS of $1.10, up 14.6%, and raised its full-year 2025 guidance for revenue, adjusted EBITDA and adjusted EPS. For shareholders, the higher outlook reflects the company's view of demand and operations, while total debt rose to $1,019.3 million from $614.7 million at year-end 2024.
Q2 2025 revenue was $552.4 million, up 10.2%; GAAP income from continuing operations was $52.5 million, up 16.2%.
Full-year adjusted EBITDA guidance raised to $485 million to $510 million from $470 million to $495 million.
Full-year revenue guidance raised to $2.225 billion to $2.275 billion from $2.20 billion to $2.26 billion; adjusted EPS guidance raised to $6.35 to $6.65 from $6.10 to $6.40.
Total debt was $1,019.3 million at June 28, 2025, compared with $614.7 million at December 31, 2024.
SPX Technologies reported first-quarter 2025 revenue of $482.6 million, up 3.7%, and raised its full-year 2025 guidance for revenue, adjusted EBITDA and adjusted EPS. The company linked the higher adjusted EBITDA range to its strong first quarter and the April acquisition of Sigma & Omega, partly offset by tariffs and mitigation efforts. For shareholders, the higher profit outlook is accompanied by negative first-quarter operating cash flow and total debt that rose to $960.3 million.
Q1 2025 revenue was $482.6 million, up 3.7%; GAAP EPS was $1.10, up 4.8%; adjusted EPS was $1.38, up 10.4%.
2025 revenue guidance raised to $2.20 billion to $2.26 billion from $2.13 billion to $2.19 billion; adjusted EBITDA guidance raised to $470 million to $495 million from $460 million to $490 million.
Q1 net operating cash flow from continuing operations was negative $10.4 million, compared with positive $10.7 million a year earlier.
Total debt was $960.3 million at March 29, 2025, up from $614.7 million at December 31, 2024.
SPX Technologies reported fourth-quarter 2024 revenue of $533.7 million, up from $469.4 million, and GAAP diluted EPS of $1.19, up from $0.67. For full-year 2024, GAAP net income rose to $200.5 million from $89.9 million, and the company introduced 2025 full-year adjusted EPS guidance of $6.00 to $6.25. Shareholders get a clear view of stronger 2024 earnings and a 2025 outlook that calls for growth.
Q4 2024 revenue was $533.7 million versus $469.4 million in Q4 2023, and Q4 GAAP diluted EPS was $1.19 versus $0.67.
Full-year 2024 GAAP net income was $200.5 million versus $89.9 million in 2023; full-year adjusted EPS was $5.58 versus $4.31.
2025 guidance targets consolidated revenue of approximately $2.13 to $2.19 billion and adjusted EPS of $6.00 to $6.25.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every SPX Technologies filing is on SEC EDGAR ↗. 8-K briefs of other companies →