SPXC · XBRL financial data

SPX Technologies financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (SPXC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	1,560	1,220	1,461	1,741	1,984	2,265
Cost of goods and services sold	1,081	788	937	1,071	1,185	1,347
Research and development	28	31	39	43	46	54
Selling, general and administrative	320	310	356	394	415	478
Other operating income (expense)	(9)	(20)	(75)	(9)	(8)	(1)
Operating income (loss)	132	74	51	222	308	350
Interest income	0	1	2	2	2	5
Interest expense	18	13	9	27	46	48
Other income (expense)	3	9	(15)	(10)	(9)	9
Income tax expense (benefit)	16	11	7	42	54	69
Net income (loss)	97	425	0	90	201	244
Earnings per share, basic USD per share	2.18	9.39	0.00	1.97	4.34	5.10
Earnings per share, diluted USD per share	2.12	9.15	0.00	1.93	4.26	5.03
Weighted average shares, basic millions of shares	45	45	45	46	46	48
Weighted average shares, diluted millions of shares	46	46	46	47	47	49

Fiscal years (SPXC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	68	388	148	99	157	364
Accounts receivable	272	223	264	280	314	357
Inventory	162	190	244	277	271	302
Total current assets	683	903	721	710	784	1,144
Right-of-use asset	41	42	46	42	58	77
Goodwill	500	457	455	705	835	1,043
Total assets	2,298	2,629	1,931	2,440	2,715	3,605
Accounts payable	139	120	125	119	128	145
Accrued liabilities	234	218	148	169	171	185
Current portion of long-term debt	7	13	2	17	28	4
Total current liabilities	585	440	334	401	418	461
Lease liability, non-current	31	32	34	29	45	61
Retained earnings (accumulated deficit)	(488)	(52)	(52)	38	239	483
Total stockholders' equity	629	1,103	1,079	1,195	1,384	2,238
Total liabilities and equity	2,298	2,629	1,931	2,440	2,715	3,605
Common shares outstanding (cover page) millions of shares	45	45	45	46	46	50

Fiscal years (SPXC's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	97	425	0	90	201	244
Stock-based compensation	14	13	11	13	15	17
Depreciation and amortization	42	42	46	63	92	123
Net cash from operating activities	126	175	(137)	209	286	333
Net cash from investing activities	(126)	314	(66)	(570)	(285)	(561)
Proceeds from issuing common stock	—	—	—	0	0	551
Share repurchases	0	0	34	0	0	—
Net cash from financing activities	16	(168)	(39)	310	53	426
Net change in cash	14	328	(239)	(52)	57	205

SIC 3540 and related industry codes, similar size; rows marked “added: same SIC” fill a short list. Each row is the latest quarter reported.

How peers are chosen

SIC 3540 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Fewer than three companies fall in that range, so the list adds same-SIC (3540) companies nearest in public float, each marked “added: same SIC”.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
SPX Technologies	119	715	59*	50.1M	—	Q3 FY26 10-QSep 26, 2026
Lincoln Electric Holdings	283	1,221	216*	54.2M	—	Q3 FY26 10-QSep 30, 2026
NNadded: same SIC	12	131	5.1*	not reported	—	Q3 FY26 10-QSep 30, 2026
Chicago Rivet & Machineadded: same SIC	0.8	7.2	(1.1)*	966,132	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Seto Holdingsadded: same SIC	not reported	not reported	not reported	not reported	—	—

Not investment advice. Not affiliated with the U.S. SEC.