SPX Technologies, Inc. (SPXC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 566.8M | 637.3M | 592.8M | 552.4M | 482.6M | 533.7M | 483.7M | 501.3M | 465.2M | 469.4M | 448.7M | 423.3M | 399.8M | 429.3M | 370.5M | 354M | 307.1M | 349.1M | 285.7M | 296.6M |
| Revenue Growth % | 17.45% | 19.41% | 22.56% | 10.19% | 3.74% | 13.7% | 7.8% | 18.43% | 16.36% | 9.34% | 21.11% | 19.58% | 30.19% | 22.97% | 29.68% | 19.35% | 6.93% | -23.04% | 6.49% | 14.96% |
| Cost of Goods Sold | 336.2M | 402.4M | 377.9M | 348.1M | 306.4M | 315.6M | 286.1M | 300.5M | 282.3M | 281.5M | 280.1M | 259.7M | 249.9M | 267.1M | 237.4M | 229.4M | 203.1M | 217.3M | 189.9M | 194.3M |
| COGS % of Revenue | 59.32% | 63.14% | 63.75% | 63.02% | 63.49% | 59.13% | 59.15% | 59.94% | 60.68% | 59.97% | 62.42% | 61.35% | 62.51% | 62.22% | 64.08% | 64.8% | 66.13% | 62.25% | 66.47% | 65.51% |
| Gross Profit | 230.6M | 234.9M | 214.9M | 204.3M | 176.2M | 218.1M | 197.6M | 200.8M | 182.9M | 187.9M | 168.6M | 163.6M | 149.9M | 162.2M | 133.1M | 124.6M | 104M | 131.8M | 95.8M | 102.3M |
| Gross Margin % | 40.68% | 36.86% | 36.25% | 36.98% | 36.51% | 40.87% | 40.85% | 40.06% | 39.32% | 40.03% | 37.58% | 38.65% | 37.49% | 37.78% | 35.92% | 35.2% | 33.87% | 37.75% | 33.53% | 34.49% |
| Gross Profit Growth % | 30.87% | 7.7% | 8.76% | 1.74% | -3.66% | 16.07% | 17.2% | 22.74% | 22.01% | 15.84% | 26.67% | 31.3% | 44.13% | 23.07% | 38.94% | 21.8% | -0.38% | -7.51% | 4.47% | 15.86% |
| Operating Expenses | 119.4M | 125.3M | 110M | 110M | 102.7M | 127.9M | 118.7M | 126.2M | 118.3M | 124.8M | 110.9M | 112.3M | 100.1M | 187.1M | 95.8M | 97.4M | 92.6M | 102.8M | 78.1M | 85.2M |
| OpEx % of Revenue | 21.07% | 19.66% | 18.56% | 19.91% | 21.28% | 23.96% | 24.54% | 25.17% | 25.43% | 26.59% | 24.72% | 26.53% | 25.04% | 43.58% | 25.86% | 27.51% | 30.15% | 29.45% | 27.34% | 28.73% |
| Selling, General & Admin | 119.4M | 125.3M | 110M | 109.5M | 102.7M | 108.9M | 101.6M | 101.2M | 102.9M | 103.5M | 96.3M | 100.8M | 93.8M | 94.1M | 89.1M | 88.3M | 84.2M | 74.9M | 72.7M | 75.4M |
| SG&A % of Revenue | 21.07% | 19.66% | 18.56% | 19.82% | 21.28% | 20.4% | 21% | 20.19% | 22.12% | 22.05% | 21.46% | 23.81% | 23.46% | 21.92% | 24.05% | 24.94% | 27.42% | 21.46% | 25.45% | 25.42% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | 9.22% | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 500K | 0 | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 87.7M | 109.6M | 104.9M | 94.3M | 73.5M | 90.2M | 78.9M | 74.6M | 64.6M | 63.1M | 57.7M | 51.3M | 49.8M | -24.9M | 37.3M | 27.2M | 11.4M | 29M | 17.7M | 17.1M |
| Operating Margin % | 15.47% | 17.2% | 17.7% | 17.07% | 15.23% | 16.9% | 16.31% | 14.88% | 13.89% | 13.44% | 12.86% | 12.12% | 12.46% | -5.8% | 10.07% | 7.68% | 3.71% | 8.31% | 6.2% | 5.77% |
| Operating Income Growth % | 19.32% | 21.51% | 32.95% | 26.41% | 13.78% | 42.95% | 36.74% | 45.42% | 29.72% | 353.41% | 54.69% | 88.6% | 336.84% | -185.86% | 110.73% | 59.06% | -54.4% | -16.91% | -13.24% | -2.29% |
| EBITDA | 87.7M | 140.3M | 137.3M | 126.8M | 100.5M | 113.9M | 102.4M | 98M | 85.6M | 79.9M | 77.4M | 67.3M | 60.5M | -15.4M | 48.6M | 38.8M | 25.4M | 39.2M | 29.7M | 28.3M |
| EBITDA Margin % | 15.47% | 22.01% | 23.16% | 22.95% | 20.82% | 21.34% | 21.17% | 19.55% | 18.4% | 17.02% | 17.25% | 15.9% | 15.13% | -3.59% | 13.12% | 10.96% | 8.27% | 11.23% | 10.4% | 9.54% |
| EBITDA Growth % | -12.74% | 23.18% | 34.08% | 29.39% | 17.41% | 42.55% | 32.3% | 45.62% | 41.49% | 618.83% | 59.26% | 73.45% | 138.19% | -139.29% | 63.64% | 37.1% | -24.63% | -18.33% | 5.32% | 28.05% |
| D&A (Non-Cash Add-back) | 0 | 30.7M | 32.4M | 32.5M | 27M | 23.7M | 23.5M | 23.4M | 21M | 16.8M | 19.7M | 16M | 10.7M | 9.5M | 11.3M | 11.6M | 14M | 10.2M | 12M | 11.2M |
| EBIT | 0 | 109.6M | 104.9M | 94.3M | 73.5M | 88.9M | 78.1M | 73.2M | 60.9M | 50.9M | 58.3M | 51.5M | 52.8M | -20M | 12.6M | 25.8M | 18M | 20.9M | 21.6M | 23.5M |
| Net Interest Income | 0 | -6.4M | -12.3M | -15.2M | -10.4M | -10.1M | -11.5M | -12.5M | -9.5M | -9M | -9.4M | -5.2M | -1.9M | -1.7M | -1.6M | -2M | -2.3M | -2.1M | -3.4M | -3.4M |
| Interest Income | 1.1M | 1.8M | 1.1M | 1M | 900K | 900K | 600K | 300K | 300K | 200K | 800K | 200K | 500K | 300K | 1M | 300K | 100K | 100K | 100K | 0 |
| Interest Expense | -8.4M | 8.2M | 13.4M | 16.2M | 11.3M | 11M | 12.1M | 12.8M | 9.8M | 9.2M | 10.2M | 5.4M | 2.4M | 2M | 2.6M | 2.3M | 2.4M | 2.2M | 3.5M | 3.4M |
| Other Income/Expense | -10.3M | -4.8M | -23.4M | -24.4M | -15.6M | -12.3M | -12.9M | -14.2M | -13.5M | -21.4M | -9.6M | -5.2M | 600K | 2.9M | -27.3M | -3.7M | 4.2M | -10.3M | 400K | 3M |
| Pretax Income | 77.4M | 104.8M | 81.5M | 69.9M | 57.9M | 77.9M | 66M | 60.4M | 51.1M | 41.7M | 48.1M | 46.1M | 50.4M | -22M | 10M | 23.5M | 15.6M | 18.7M | 18.1M | 20.1M |
| Pretax Margin % | 13.66% | 16.44% | 13.75% | 12.65% | 12% | 14.6% | 13.64% | 12.05% | 10.98% | 8.88% | 10.72% | 10.89% | 12.61% | -5.12% | 2.7% | 6.64% | 5.08% | 5.36% | 6.34% | 6.78% |
| Income Tax | -13M | 26.6M | 18.4M | 17.4M | 6.2M | 21.4M | 15.1M | 15.2M | 1.9M | 10.1M | 12.4M | 7.8M | 11.3M | 2.8M | -2.5M | 4.4M | 2.6M | 1.1M | 4.2M | 2.4M |
| Effective Tax Rate % | -16.8% | 25.38% | 22.58% | 24.89% | 10.71% | 27.47% | 22.88% | 25.17% | 3.72% | 24.22% | 25.78% | 16.92% | 22.42% | -12.73% | -25% | 18.72% | 16.67% | 5.88% | 23.2% | 11.94% |
| Net Income | 59.9M | 78.2M | 63.1M | 52.5M | 51.7M | 57.1M | 50.2M | 44.2M | 49M | 31.5M | -20.4M | 36M | 42.8M | -27.3M | 3.1M | 13M | 11.4M | 6M | 330.3M | 61.9M |
| Net Margin % | 10.57% | 12.27% | 10.64% | 9.5% | 10.71% | 10.7% | 10.38% | 8.82% | 10.53% | 6.71% | -4.55% | 8.5% | 10.71% | -6.36% | 0.84% | 3.67% | 3.71% | 1.72% | 115.61% | 20.87% |
| Net Income Growth % | 15.86% | 36.95% | 25.7% | 18.78% | 5.51% | 81.27% | 346.08% | 22.78% | 14.49% | 215.38% | -758.06% | 176.92% | 275.44% | -555% | -99.06% | -79% | -57.46% | -75.61% | 1348.68% | 128.41% |
| Net Income (Continuing) | 59.9M | 78.2M | 63.1M | 52.5M | 51.7M | 56.5M | 50.9M | 45.2M | 49.2M | 31.6M | 35.7M | 38.3M | 39.1M | -24.8M | 12.5M | 19.1M | 13M | 17.6M | 13.9M | 17.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 600K | -700K | -1000K | -200K | -100K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.19 | 1.54 | 1.29 | 1.11 | 1.10 | 1.20 | 1.08 | 0.94 | 1.05 | 0.67 | -0.45 | 0.77 | 0.92 | -0.60 | 0.07 | 0.28 | 0.25 | 0.14 | 7.10 | 1.33 |
| EPS Growth % | 8.18% | 28.33% | 19.44% | 18.09% | 4.76% | 79.1% | 340% | 22.08% | 14.13% | 211.67% | -742.86% | 175% | 268% | -528.57% | -99.01% | -78.95% | -56.9% | -73.58% | 1320% | 125.42% |
| EPS (Basic) | 1.20 | 1.57 | 1.31 | 1.12 | 1.11 | 1.22 | 1.10 | 0.96 | 1.07 | 0.69 | -0.45 | 0.79 | 0.92 | -0.60 | 0.07 | 0.29 | 0.25 | 0.14 | 7.30 | 1.37 |
| Diluted Shares Outstanding | 50.52M | 50.63M | 48.92M | 47.4M | 47.12M | 47.37M | 47.27M | 47.16M | 46.68M | 46.87M | 46.75M | 46.63M | 46.4M | 45.24M | 46.13M | 46.29M | 46.45M | 46.7M | 46.65M | 46.55M |
| Basic Shares Outstanding | 49.92M | 49.85M | 48.17M | 46.72M | 46.45M | 46.19M | 46.3M | 46.25M | 45.83M | 45.66M | 45.61M | 45.53M | 45.38M | 45.24M | 45.14M | 45.44M | 45.55M | 45.43M | 45.33M | 45.27M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |