Welcome to our dedicated page for SPX TECHNOLOGIES news (Ticker: SPXC), a resource for investors and traders seeking the latest updates and insights on SPX TECHNOLOGIES stock.
SPX Technologies, Inc. reports recurring developments across its engineered HVAC products and detection and measurement technologies businesses. Company news commonly covers quarterly and annual results, segment performance, production-capacity investments, customer demand for data center cooling solutions, and the contribution of heating and cooling product volumes to operating results.
Updates also include product launches such as the Marley OlympusMAX Fluid Cooler, additions to the HVAC portfolio through completed acquisitions, and corporate governance changes. The company’s disclosures emphasize cooling towers, dry and adiabatic coolers, custom electric heating, custom air-handling equipment, communication technologies, transportation systems, and related industrial markets.
SPX Technologies (NYSE:SPXC) reported Q1 2026 results: revenue $566.8M (+17.4%), GAAP income $64.4M (+24.6%), GAAP EPS $1.27, and Adjusted EPS $1.69 (+22.5%). Adjusted EBITDA was $126.1M (+22.9%). The company raised 2026 guidance: revenue $2.575–$2.645B and Adjusted EBITDA $600–$625M.
Liquidity shows total debt $674.0M and cash $158.3M; capital expenditures increased to $18.5M in Q1.
SPX Cooling Tech (NYSE:SPXC) launched the Marley® OlympusMAX™ Fluid Cooler on April 29, 2026, a modular dry and adiabatic cooling platform for data centers, industrial plants and high-density applications. The product offers bolt-on adiabatic modules (factory or field installable), a patent-pending recirculating adiabatic design, and unit options from 120 to 240 horsepower.
Key buildouts include Marley Geareducer gear drives, integrated redundancy for fan and VFD systems, pre-installed VFDs and PLC controls, full-size access doors, and features aimed at streamlined installation and serviceability.
SPX Technologies (NYSE:SPXC) will report first quarter fiscal 2026 results after U.S. markets close on Thursday, April 30, 2026. Management will host a conference call and simultaneous webcast at 4:45 p.m. Eastern Time to discuss results and outlook.
Slides and a replay will be available in the Investor Relations section of the company website.
SPX Technologies (NYSE:SPXC) reported Q4 2025 revenue of $637.3M (up 19.4%) and full-year 2025 revenue of $2.265B (up 14.2%). GAAP EPS was $1.54 in Q4 and $5.06 for FY. Adjusted EBITDA was $142.0M Q4 and $507.4M FY. The company provided 2026 guidance of $2.535–$2.605B revenue, Adjusted EBITDA $590–$620M, and Adjusted EPS $7.60–$8.00.
SPX cited organic and inorganic growth across HVAC and Detection & Measurement, noted recent acquisitions (Thermolec, Crawford air handling, KTS, Sigma & Omega), and improved liquidity with lower net debt and higher cash.
SPX Technologies (NYSE: SPXC) completed the acquisition of Crawford United for approximately $300 million, paying about $83.86 per share after adjustments.
Crawford United’s Commercial Air-Handling Equipment businesses (Air Enterprises and Rahn Industries) join SPX’s HVAC reportable segment, while Crawford’s Industrial & Transportation Products are recorded as assets held for sale and reported as discontinued operations as SPX seeks buyers. SPX will include Crawford United’s impact in its 2026 guidance when reporting Q4 2025 results on February 24, 2026.
SPX Technologies (NYSE:SPXC) completed the acquisition of Thermolec Ltd. on Jan. 20, 2026 for CA$195 million (≈US$140 million). Thermolec, a Montréal-based maker of custom electric duct heating founded in 1973, has nearly 200 employees and generates approximately US$35 million of annual revenue. Thermolec will join SPX's HVAC Electric Heat business alongside Marley Engineered Products and ASPEQ.
A substantial majority of Thermolec sales are in Canada; SPX plans to expand Thermolec’s U.S. sales while using Thermolec’s Canadian customer relationships to grow MEP sales in Canada. Management expects to include Thermolec’s impact when SPX provides full-year 2026 guidance.
SPX Technologies (NYSE:SPXC) will release fourth-quarter and full-year fiscal 2025 results after U.S. markets close on Tuesday, February 24, 2026. Company executives Gene Lowe (President & CEO) and Mark Carano (VP, CFO & Treasurer) will discuss results and 2026 financial guidance on a conference call the same day at 4:45 p.m. Eastern Time. The call will be simultaneously webcast and slides will be available in the Investor Relations section of the company website. Phone dial-in details require registration via the provided link. Participants are encouraged to join 15 minutes early. A replay of the webcast will be available for a limited time on the company website.
SPX Technologies (NYSE: SPXC) appointed Daniel Whitman as Vice President, General Counsel & Secretary, effective January 5, 2026.
Whitman joins from Parker Hannifin after a 20-year career, including 14 years as Vice President, Law, Deputy General Counsel and Assistant Secretary, where he led commercial, intellectual property, and international legal support and led EMEA legal operations during an expatriate assignment in Switzerland. He began as an IP attorney at Tarolli Sundheim Covell & Tummino and previously held engineering roles at Ingersoll-Rand and Air Technologies. Whitman holds a Juris Doctor, magna cum laude from the University of Akron and a B.S. in mechanical engineering from Purdue. He is registered to practice in Ohio and before the U.S. Patent & Trademark Office.
SPX Technologies (NYSE:SPXC) agreed to acquire Crawford United for an estimated $300 million, with Crawford shareholders to receive approximately $83.42 per share in cash after customary adjustments. The deal adds Crawford’s Commercial Air-Handling Equipment segment (Air Enterprises and Rahn Industries) to SPX’s HVAC segment; that segment reported $81.6 million in sales and $22.8 million operating profit for the trailing twelve months ended Sept. 30, 2025.
Non-core Industrial & Transportation Products businesses will be recorded as assets held for sale and reported as discontinued operations. The transaction is expected to close in Q1 2026, subject to regulatory approvals and Crawford shareholder approval.
SPX Technologies (NYSE:SPXC) reported Q3 2025 results for the quarter ended Sept 27, 2025, with revenue $592.8M (+22.6% vs. Q3 2024) and GAAP EPS $1.29 (+19.4%). Adjusted EPS was $1.84 (+32.4%) and Adjusted EBITDA $136.1M (+30.9%).
The company raised full‑year 2025 guidance: maintaining revenue range $2.225–$2.275B, and increasing Adjusted EBITDA to $495–$515M and Adjusted EPS to $6.65–$6.80 (midpoint ~+20% EBITDA YoY).