Business Description

SPX Technologies Inc. (NYSE: SPXC), founded in 1911, is an industrial company that designs and manufactures advanced engineered solutions for HVAC, power generation, and process applications. Its revenue is generated from diversified products such as centrifugal compressors and precision filtration systems along with strong aftermarket services. Under the leadership of CEO Gary P. McGann, the company holds an estimated 10-12% market share in key segments and competes robustly through technological innovation and service excellence. With strategic investments in digital solutions and market expansion, SPX Technologies is positioning itself for sustainable future growth.

Everything on SPX Technologies Inc.

Revenue (FY2025) $2.27B
YoY growth +14.2%
Operating margin 15.5%
Direction Expanding
Gross margin 40.5%
Net margin 10.8%

Earnings Transcripts

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Leadership & board

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Ricky D. Puckett — Director View full profile ↗ Meenal A. Sethna — Director View full profile ↗ Tana L. Utley — Director View full profile ↗ Ruth G. Shaw — Director View full profile ↗ Robert B. Toth — Director View full profile ↗ Angel Shelton Willis — Director View full profile ↗ Eugene J. Lowe, III — President and Chief Executive Officer; Director View full profile ↗ Patrick J. O'Leary — Chairman of the Board; Director View full profile ↗ David A. Roberts — Director View full profile ↗ Mark A. Carano — Vice President, Chief Financial Officer and Treasurer View full profile ↗ Jennifer Carpenter — Vice President and Chief Human Resources Officer View full profile ↗ J. Randall Data — President, Global Operations and Data Center Solutions View full profile ↗ Sean McClenaghan — President, HVAC Segment View full profile ↗ John W. Swann, III — President, Detection & Measurement Segment View full profile ↗ Daniel J. Whitman — Vice President, General Counsel and Secretary View full profile ↗ Wayne M. McLaren — Vice President, Chief Accounting Officer and Corporate Controller View full profile ↗ Brian Deck — Director; member of the Audit Committee and Governance & Sustainability Committee (effective July 27, 2026) View full profile ↗
SPX Technologies acquires ASPEQ Heating Group — HVAC · 2023 View full deal ↗ SPX Technologies acquires Kranze Technology Solutions, Inc. (“KTS”) — Detection & Measurement · 2025 View full deal ↗ SPX Technologies acquires Crawford United Corporation — HVAC (Commercial Air Handling) + retained Industrial & Transportation Products · 2026 View full deal ↗ SPX Technologies acquires Ingénia Technologies Inc. — HVAC · 2024 View full deal ↗ SPX Technologies acquires Cues, Inc. — Detection & Measurement · 2018 View full deal ↗ SPX Technologies acquires Cincinnati Fan & Ventilator Co., Inc. — HVAC · 2021 View full deal ↗ SPX Technologies acquires Sigma Heating and Cooling and Omega Heat Pump (“Sigma & Omega”) — HVAC · 2025 View full deal ↗ SPX Technologies acquires Thermolec Ltd. — HVAC · 2026 View full deal ↗ SPX Technologies acquires T. A. Morrison & Co. Inc. (“TAMCO”) — HVAC · 2023 View full deal ↗ SPX Technologies acquires ULC Robotics (“ULC”) — Detection & Measurement · 2020 View full deal ↗ SPX Technologies acquires Sealite Pty Ltd (incl. Sealite USA / Avlite Systems and Star2M) — Detection & Measurement · 2021 View full deal ↗ SPX Technologies acquires Sabik Marine (“Sabik”) — Detection & Measurement · 2019 View full deal ↗

Share Repurchase Program

Total authorized
$100.0 million per fiscal year
Remaining (as of December 31, 2025)
$100.0 million
Latest FY repurchased
$0 (no share repurchases executed in fiscal years 2025, 2024, or 2023)

Recent SEC Filings

2026-06-22 Leadership change (directors/officers) View filing ↗
2026-05-12 Shareholder vote results View filing ↗
2026-04-30 Reported quarterly results View filing ↗
2026-02-24 Reported quarterly results View filing ↗
2026-02-02 Leadership change (directors/officers) View filing ↗
2025-10-30 Reported quarterly results View filing ↗
2025-09-11 Entered a material agreement (+1 more) View filing ↗
2025-08-14 Other event View filing ↗
2025-07-31 Reported quarterly results View filing ↗
2025-05-13 Shareholder vote results View filing ↗
2025-05-01 Reported quarterly results View filing ↗
2025-02-25 Reported quarterly results View filing ↗

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