10-Q quarterly report · filed Jul 31, 2026

SPX Technologies, Inc. (SPXC) Q2 2026 10-Q Quarterly Report

Short answer

SPX Technologies, Inc. (SPXC) filed its Q2 2026 10-Q quarterly report on Jul 31, 2026 for the quarter ended Jun 27, 2026. Quarterly revenue was $679M (up 22.9% year over year) with net income of $78M.

Q2 2026 key financials · XBRL

Revenue
$679M
+22.9% YoY · +19.8% QoQ
Net income
$78M
+50.2% YoY · +30.9% QoQ
Operating margin
16.9%
EPS (diluted)
$1.54
+40.0% YoY · +29.4% QoQ

Source: XBRL data from the SPX Technologies, Inc. (SPXC) Q2 2026 10-Q on SEC EDGAR. USD.

SPX Technologies, Inc. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

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

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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