SPX Technologies Income Statement
SPXC / Industrials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
SPX Technologies reported $2.3B in revenue and $244M in net income for FY2025. Revenue has declined at a 4.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.0B | $1.7B | $1.5B | $1.2B | $1.1B | $1.1B | $1.5B | $1.4B | $1.5B | $1.6B | $1.7B | $2.0B | $4.9B | $4.3B |
| Cost of Revenue | $1.3B | $1.2B | $1.1B | $937.0M | $787.7M | $732.6M | $721.6M | $1.1B | $1.1B | $1.1B | $1.3B | $1.3B | $1.5B | $3.6B | $3.1B |
| Gross Profit | - | - | - | - | $104.4M | - | - | $90.1M | $88.1M | $89.9M | $74.5M | $426.2M | $483.4M | $382.0M | $349.3M |
| SG&A Expense | $477.6M | $414.6M | $394.4M | $355.7M | $309.6M | $272.5M | $275.8M | $289.1M | $277.2M | $286.0M | $387.8M | $511.2M | $443.9M | $1.1B | $897.4M |
| R&D Expense | $54.0M | $45.9M | $43.2M | $39.1M | $30.7M | $28.1M | $24.3M | $22.9M | $23.3M | $29.1M | $28.6M | $30.2M | $32.0M | $49.0M | $41.1M |
| Operating Income | $350.4M | $308.3M | $221.9M | $51.0M | $73.7M | $96.9M | $114.0M | $112.5M | $59.9M | $70.0M | -$122.2M | -$185.3M | $15.8M | -$123.9M | $237.0M |
| Interest Expense | - | - | $27.2M | $9.3M | $13.1M | $18.4M | $21.0M | $21.5M | $17.1M | $14.8M | $22.0M | $23.6M | $65.9M | $114.4M | $97.0M |
| Income Tax | $68.6M | $53.6M | $41.6M | $7.3M | $10.9M | $4.8M | $12.5M | $2.6M | -$47.9M | $9.1M | -$2.7M | $137.5M | -$20.0M | -$14.2M | -$12.3M |
| Net Income | $244.0M | $200.5M | $89.9M | $200.0K | $425.4M | $99.0M | $65.3M | $81.2M | $89.3M | -$67.2M | -$82.7M | $393.4M | $212.3M | $183.2M | $176.2M |
| EPS (Basic) | $5.10 | $4.34 | $1.97 | $0.00 | $9.39 | $2.22 | $1.61 | $1.89 | $2.11 | -$2.05 | -$2.03 | $9.28 | $4.62 | $3.61 | $3.39 |
| EPS (Diluted) | $5.03 | $4.26 | $1.93 | $0.00 | $9.15 | $2.16 | $1.58 | $1.82 | $2.03 | -$2.02 | -$2.03 | $9.14 | $4.56 | $3.61 | $3.36 |
| Shares Outstanding | 48.5M | 47.1M | 46.6M | 46.2M | 46.5M | 45.8M | 45.0M | 44.7M | 43.9M | 42.2M | 40.7M | 43.0M | 46.0M | 50.0M | 50.9M |
| Gross Margin | - | - | - | - | 8.6% | - | - | 6.0% | 6.2% | 6.1% | 4.8% | 25.2% | 24.6% | 7.8% | 8.2% |
| Operating Margin | 15.5% | 15.5% | 12.7% | 3.5% | 6.0% | 8.6% | 10.1% | 7.4% | 4.2% | 4.8% | -7.8% | -10.9% | 0.8% | -2.5% | 5.5% |
| Profit Margin | 10.8% | 10.1% | 5.2% | 0.0% | 34.9% | 8.8% | 5.8% | 5.4% | 6.3% | -4.6% | -5.3% | 23.2% | 10.8% | 3.7% | 4.1% |