SPX Technologies, Inc.
For the period ended Sep 27, 2025. Filed Oct 31, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 27, 2025 · Filed Oct 31, 2025
SPXC$150.12-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income
(Unaudited; in millions, except per share amounts)
| Three months ended | Nine months ended | |||
|---|---|---|---|---|
| September 27,2025 | September 28,2024 | September 27,2025 | September 28,2024 | |
| Revenues | $592.8 | $483.7 | $1,627.8 | $1,450.2 |
| Costs and expenses: | ||||
| Cost of products sold | 353.3 | 286.1 | 963.5 | 868.9 |
| Selling, general and administrative | 117.7 | 101.6 | 344.4 | 305.7 |
| Intangible amortization | 24.6 | 16.6 | 68.9 | 48.2 |
| Special charges, net | 0.1 | 0.5 | 0.2 | 0.9 |
| Other operating expense, net | — | — | 0.5 | 8.4 |
| Operating income | 97.1 | 78.9 | 250.3 | 218.1 |
| Other expense, net | (3.2) | (1.4) | (2.6) | (7.1) |
| Interest expense | (12.0) | (12.1) | (39.9) | (34.7) |
| Interest income | 1.1 | 0.6 | 3.0 | 1.2 |
| Loss on amendment/refinancing of senior credit agreement | (1.5) | — | (1.5) | — |
| Income from continuing operations before income taxes | 81.5 | 66.0 | 209.3 | 177.5 |
| Income tax provision | (18.4) | (15.1) | (42.0) | (32.2) |
| Income from continuing operations | 63.1 | 50.9 | 167.3 | 145.3 |
| Income (loss) from discontinued operations, net of tax | — | — | — | — |
| Loss on disposition of discontinued operations, net of tax | (0.4) | (0.7) | (1.2) | (1.9) |
| Loss from discontinued operations, net of tax | (0.4) | (0.7) | (1.2) | (1.9) |
| Net income | $62.7 | $50.2 | $166.1 | $143.4 |
| Basic income per share of common stock: | ||||
| Income from continuing operations | $1.31 | $1.10 | $3.55 | $3.15 |
| Loss from discontinued operations | (0.01) | (0.02) | (0.02) | (0.04) |
| Net income per share | $1.30 | $1.08 | $3.53 | $3.11 |
| Weighted-average number of common shares outstanding — basic | 48.170 | 46.305 | 47.120 | 46.127 |
| Diluted income per share of common stock: | ||||
| Income from continuing operations | $1.29 | $1.08 | $3.50 | $3.09 |
| Loss from discontinued operations | (0.01) | (0.02) | (0.02) | (0.04) |
| Net income per share | $1.28 | $1.06 | $3.48 | $3.05 |
| Weighted-average number of common shares outstanding — diluted | 48.919 | 47.265 | 47.794 | 47.003 |
| Comprehensive income | $56.1 | $65.7 | $199.7 | $142.7 |
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