SPX Technologies Reports Strong Q4 & Full-Year 2025 Results, Issues Robust Double-Digit Growth Guidance for 2026

summarizeSummary

SPX Technologies reported strong fourth quarter and full-year 2025 financial results, exceeding expectations, and provided optimistic double-digit growth guidance for 2026.

check_boxKey Events

• Strong Q4 2025 Performance

  Revenue increased by 19.4% to $637.3 million, GAAP EPS rose 29.4% to $1.54, and Adjusted EPS grew 24.5% to $1.88 compared to Q4 2024.

• Robust Full-Year 2025 Results

  Full-year revenue reached $2.265 billion, up 14.2%, with GAAP EPS of $5.06 (up 17.9%) and Adjusted EPS of $6.76 (up 21.1%) over 2024.

• Positive 2026 Guidance

  The company anticipates full-year 2026 revenue between $2.535 billion and $2.605 billion (up ~13% at midpoint), Adjusted EBITDA between $590 million and $620 million (up ~20%), and Adjusted EPS between $7.60 and $8.00 (up ~15%).

• Strategic Acquisitions and Market Demand

  Management highlighted healthy demand across key end markets, strong operational execution, and contributions from recent acquisitions, including Thermolec and Crawford United's air handling segment in Q1 2026.

auto_awesomeAnalysis

SPX Technologies delivered impressive financial results for both the fourth quarter and full-year 2025, with double-digit growth across key metrics including revenue, GAAP EPS, and Adjusted EBITDA. The company's positive momentum is expected to continue into 2026, as evidenced by its strong guidance projecting further double-digit increases in revenue, Adjusted EBITDA, and Adjusted EPS. This consistent performance, coupled with strategic acquisitions and healthy demand in key end markets, reinforces a positive outlook for the company, especially as its stock trades near its 52-week high.