Earnings ·
SPX Technologies reported second quarter 2026 results with revenue of $679.0 million, a 22.9% increase year-over-year…
SPXCSPX Technologies, Inc.
SPX Technologies reported second quarter 2026 results with revenue of $679.0 million, a 22.9% increase year-over-year, driven by strong demand in its HVAC segment and acquisitions including Neptronic, Crawford United, Thermolec, and Sigma & Omega. GAAP income from continuing operations rose 51.0% to $79.3 million, yielding diluted EPS of $1.56. The company raised its full-year 2026 guidance, projecting revenue between $2.705 billion and $2.765 billion, adjusted EBITDA between $630 million and $660 million, and adjusted EPS between $8.20 and $8.60. SPX Technologies is a diversified global supplier of highly engineered products and technologies with leadership positions in the HVAC and detection and measurement markets.