Filing Flows › SPX Technologies (SPXC) › Q3 2026
SPX Technologies (SPXC) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 30, 2026
SPX Technologies (SPXC) reported revenue of $714M for the third quarter 2026 (Q3 2026), +21% from a year earlier and +5% from the quarter before. Operating margin was 16.1%, net earnings $81.9M (11.5% of revenue).
SPX Technologies, Q3 2026: revenue $714M (+20% year over year), operating margin 16.1%, net earnings $81.9M, operating cash flow $59.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $714M | +5% | +21% |
| Operating profit | $115M | +0.3% | +19% |
| Net earnings | $81.9M | +4% | +31% |
| Operating cash flow | $59.3M | -34% | -44% |
| Free cash flow | $19.3M | -72% | -80% |
What changed
Revenue was $714.5M in Q3 2026, up 21% year over year and up 5% from the previous quarter. Package and Process Cooling Equipment and Services and Engineered Air Movement and Handling Solutions was the largest line at 47% of revenue. Package and Process Cooling Equipment and Services and Engineered Air Movement and Handling Solutions added $101.9M year over year (up 43%), 84% of the total change. Communication technologies, aids to navigation, and transportation systems declined 14%.
Operating profit was $115.3M, a 16.1% margin (down 0.2 points year over year). Of the extra revenue versus Q3 2025, 15% reached operating profit, below the 16% margin then. Total costs grew 21% against revenue growth of 21%. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $81.9M, up 31% year over year. The effective tax rate was 22.7%.
Operating cash flow was $59.3M (down 44% year over year), 72% of net earnings. Non-cash charges added back $41.4M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items used $68.3M. Capital expenditures of $40.0M left free cash flow of $19.3M.
Questions
What was SPX Technologies' revenue in the third quarter 2026?
SPX Technologies (SPXC) reported revenue of $714M for the third quarter 2026 (Q3 2026), +21% from a year earlier and +5% from the quarter before.
Was SPX Technologies profitable in the third quarter 2026?
Operating profit was $115M (16.1% of revenue) and net earnings $81.9M.
Source: SPX Technologies 10-Q on SEC EDGAR.