SPXC at a glance
SPX Technologies, Inc. (SPXC, SEC CIK 88205) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on July 30, 2026 and Form 4 insider filings as recently as October 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), SPX Technologies, Inc. (SPXC) reported revenue of $2.3 billion (up 14.2% from FY2024) and net income of $244.0 million. Diluted EPS was $5.03.
- As of June 30, 2026, 34 institutional investment managers tracked by SignalX reported holding SPX Technologies, Inc. (SPXC) shares worth $4.9 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $2.3B
- +14.2% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 34 funds
- $4.9B · +0 vs prior quarter
- Latest 8-K
- Jul 30, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: diversified global supplier of engineered HVAC and detection/measurement solutions with operations in 16 countries, 4,700 employees
- New emphasis on expanding detection and measurement products through innovative hardware and software to serve broader markets
- Strategic acquisitions in 2025-2026 including Sigma & Omega, Thermolec, Crawford, and KTS to bolster HVAC and detection segments
- Revenue growth: HVAC segment $1,518.2M in 2025 up from $1,364.7M in 2024; Detection segment $746.9M in 2025 up from $619.2M
- Noteworthy: backlog growth in both segments with HVAC backlog up to $584.5M and Detection backlog at $350.3M as of year-end 2025
Risk Factors
- U.S. government contracting risk: potential contract termination or suspension under FAR regulations, risking fines, penalties, and loss of future contracts
- Geopolitical exposure: 80% U.S. revenue concentration faces risks from U.S. trade sanctions, tariffs, and export controls increasing costs or limiting sales
- Supply chain vulnerability: recent raw material price volatility (steel, aluminum, copper) and component shortages from tariffs and trade laws impacting costs and availability
- Competitive risk: pressure from competitors with lower cost structures and government support, risking market share, notably in slow-growth, price-sensitive markets
- Financial risk from acquisitions: goodwill impairment charges and potential inability to realize estimated cost savings from recent and future acquisitions
Management Discussion & Analysis
- Revenue $2,265.1M in 2025, up 14.2% YoY from $1,983.9M in 2024; growth driven by acquisitions and organic growth in HVAC and Detection segments
- Operating income $350.4M (2025) vs $308.3M (2024), income tax rate 21.8% vs 21.0%; gross margin 40.5% vs 40.3% YoY
- HVAC segment strongest with multiple acquisitions (Ingénia, Sigma & Omega); Detection & Measurement benefited from KTS acquisition; worst performing not specified explicitly
- Capital expenditures $62.0M in 2025 for facility expansion; $551.1M net proceeds from stock offering; amended credit facility increased to $2,025.0M total commitments
- Management monitoring geopolitical risks, tariffs, raw material supply; expects inorganic and organic growth; cautions on uncertain long-term impact of geopolitical conflicts and tariffs on operations
AI summary of the SPXC 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 27, 2026
Management Discussion & Analysis
- Revenue $679.0M, up 22.9% YoY from $552.4M
- Operating income $115.0M vs $86.6M; gross margin 40.2% vs 41.4%
- Best segment Detection and Measurement revenue $198.4M, up 12.9%; margin 28.9% vs 22.8%
- Worst margin trend HVAC revenue $480.6M, up 27.6%; margin 22.8% vs 25.4%
- Crawford acquisition funded partly with revolver borrowings; tariff duration and levels remain material uncertainties
Risk Factors
- New geopolitical risk: February 2026 United States–Israel–Iran conflict, with potential supply-chain and energy-price disruption
- Most materially updated tariff risk: April 2, 2026 Section 232 tariffs cover full customs value of goods containing aluminum, steel, or copper
- Legal and compliance risk: Supreme Court invalidated 2025 IEEPA tariffs, leaving refund availability, timing, and amounts uncertain
- Near-term market risk: New or retaliatory tariffs could exceed the Company’s ability to offset costs through pricing
- Financial risk: Indirect conflict impacts could pressure raw-material costs, currency exchange rates, interest rates, and cash flows
AI summary of the SPXC 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Filing provides only the signature page, dated July 30, 2026
- No earnings figures or operating disclosures included in the provided section
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Brian Deck elected SPX Technologies director effective July 27, 2026
- Audit and Governance & Sustainability Committee assignments expand his oversight responsibilities
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Detection and Measurement segment President John W. Swann III retiring in January 2027
- Planned leadership transition creates execution and succession risk for the segment
AI summaries of SPXC 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SPXC
Don't miss the next SPXC filing
- Alerts as it files. A push when SPXC files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut SPXC, by share count.
- Ask anything. An AI agent that reads every SPXC filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Carpenter Jennifer | F | Oct 1, 2026 | 183 | $169.71 |
| Toth Robert B | G | Aug 31, 2026 | 24,892 | - |
| Toth Robert B | G | Aug 31, 2026 | 24,892 | - |
| Toth Robert B | G | Aug 10, 2026 | 24,892 | - |
| Toth Robert B | G | Aug 10, 2026 | 24,892 | - |
| Deck Brian A | A | Jul 27, 2026 | 542 | - |
| Willis Angel S | A | May 12, 2026 | 754 | - |
| PUCKETT RICK D | A | May 12, 2026 | 754 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $1.7B | $2.0B | $2.3B |
| Operating Income | - | $308.3M | $350.4M |
| Net Income | $89.9M | $200.5M | $244.0M |
| Op. Margin | - | 15.5% | 15.5% |
| Net Margin | 5.2% | 10.1% | 10.8% |
| Balance Sheet | |||
| Total Assets | $2.4B | $2.7B | $3.6B |
| Equity | $1.2B | $1.4B | $2.2B |
| ROE | 7.5% | 14.5% | 10.9% |
| Per Share | |||
| EPS | $1.93 | $4.26 | $5.03 |
| Cash Flow | |||
| Operating CF | $208.5M | $285.9M | $333.3M |
Source: XBRL data in SPX Technologies, Inc. (SPXC)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SPXC share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 34 | $4.88B |
| Q1 2026 | 34 | $4.48B |
| Q4 2025 | 30 | $4.51B |
| Q3 2025 | 32 | $4.72B |
| Q2 2025 | 29 | $3.81B |
| Q1 2025 | 27 | $1.88B |
| Q4 2024 | 22 | $1.84B |
| Q3 2024 | 19 | $969.1M |
- D.E. Shaw & Co+258.7K (+151%)
- Raymond James Financial+244.1K (+87%)
- Millennium Management+134.8K (+129%)
- Citadel Advisors LLC+113.1K (+5938%)
- Two Sigma Investments+87.4K (+114%)
- BlackRock−1.38M (-22%)
- T. Rowe Price Group−428.1K (-48%)
- Invesco Ltd−314.5K (-16%)
- Franklin Resources−282.8K (-76%)
- Principal Financial Group−281.4K (-63%)
- HANCOCK WHITNEY CORP+9.5K
- Allstate+1.3K
Source: 13F-HR filings on SEC EDGAR (aggregated from 227 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SPXC filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Aug 31, 2026 | - | - | - |
| 4 | Aug 11, 2026 | - | - | - |
| 10-Q | Jul 31, 2026 | Jun 27, 2026 | Analysis | |
| 8-K | Jul 30, 2026 | - | Analysis | - |
| 4 | Jul 28, 2026 | - | - | - |
| 8-K | Jul 27, 2026 | - | Analysis | - |
| 8-K | Jun 22, 2026 | - | Analysis | - |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| SC 13G | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 4 | May 14, 2026 | - | - | |
| 8-K | May 12, 2026 | - | Analysis | |
| 10-Q | May 1, 2026 | Mar 28, 2026 | Analysis | |
| 8-K | Apr 30, 2026 | - | Analysis | - |
| SC 13G | Apr 30, 2026 | - | - | |
| SC 13G | Apr 29, 2026 | - | - | |
| 4 | Mar 4, 2026 | - | - | - |
| 4 | Mar 4, 2026 | - | - | - |
| 4 | Mar 4, 2026 | - | - | - |
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SPXC SEC filings: frequently asked questions
Which institutions hold SPXC stock?
As of June 30, 2026, the largest SPX Technologies, Inc. (SPXC) holders among the 13F filers tracked by SignalX were BlackRock ($1.2 billion), Vanguard Portfolio Management LLC ($555.4 million), Vanguard Capital Management LLC ($553.9 million), Invesco Ltd ($391.0 million), State Street Corp ($381.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SPXC's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), SPX Technologies, Inc. (SPXC) reported revenue of $2.3 billion (up 14.2% from FY2024) and net income of $244.0 million. Diluted EPS was $5.03. The figures come from the XBRL data in the 10-K.
What are the main risks in SPXC's latest 10-K?
In the 10-K filed February 25, 2026, SPX Technologies, Inc. (SPXC) flagged: U.S. government contracting risk: potential contract termination or suspension under FAR regulations, risking fines, penalties, and loss of future contracts. Geopolitical exposure: 80% U.S. revenue concentration faces risks from U.S. trade sanctions, tariffs, and export controls increasing costs or limiting sales. (AI summary of the Risk Factors section.)
What did SPXC report in its latest 8-K?
SPX Technologies, Inc. (SPXC) filed an 8-K on July 30, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Filing provides only the signature page, dated July 30, 2026.
What are the latest SPXC SEC filings?
SPX Technologies, Inc. (SPXC) filed its latest 10-K annual report on February 25, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on July 30, 2026 and a Form 4 insider filing on October 5, 2026.
What is SPXC's SEC CIK number?
SPX Technologies, Inc. (SPXC)'s SEC Central Index Key (CIK) is 88205. EDGAR lists every SPXC filing under that number.
Ask anything about SPXC
The research agent reads SPXC's filings, financials, insider trades and 13F holders, then answers with sources.