SPX CORPORATION

EDGAR

Annual consolidated revenue for 2025: about USD 2.265B, using the latest reported figures. The previous period, 2024, was about USD 1.984B.

Watchlist

Latest quarter

Revenue

715 million USD

2026-09-26 · USD

Exact inputs and evidence

Operating margin

16.14%

2026-09-26 · %

Exact inputs and evidence
  • Operating Income: 115300000 USD Source
  • Revenue: 714500000 USD Source

Operating cash flow

59.3 million USD

2026-09-26 · USD

Exact inputs and evidence
  • Operating Cash Flow: 179500000 USD Source
  • Operating Cash Flow: 120200000 USD Source
Cash and cash equivalents
119 million USD Source
Exact value

119200000 USD

Long-term debt including current maturities
Not available
Shares outstanding
50.1 million shares Source
Exact value

50096200 shares

Reported share-count change

0.54% · 268 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 49828522 shares · 2025-09-27· Source
  • 50096200 shares · 2026-09-26· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

2.6 billion USD

2025-09-28 – 2026-09-26

Exact inputs and evidence
  • Revenue: 2265100000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 1627800000 USD · 2025-01-01 – 2025-09-27 Source
  • Revenue: 566800000 USD · 2026-01-01 – 2026-03-28 Source
  • Revenue: 679000000 USD · 2026-03-29 – 2026-06-27 Source
  • Revenue: 714500000 USD · 2026-06-28 – 2026-09-26 Source

Net income

298 million USD

2025-09-28 – 2026-09-26

Exact inputs and evidence
  • Net income: 244000000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 166100000 USD · 2025-01-01 – 2025-09-27 Source
  • Net income: 59900000 USD · 2026-01-01 – 2026-03-28 Source
  • Net income: 78400000 USD · 2026-03-29 – 2026-06-27 Source
  • Net income: 81900000 USD · 2026-06-28 – 2026-09-26 Source

Operating cash flow

375 million USD

2025-09-28 – 2026-09-26

Exact inputs and evidence
  • Operating cash flow: 333300000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 138100000 USD · 2025-01-01 – 2025-09-27 Source
  • Operating cash flow: 30600000 USD · 2026-01-01 – 2026-03-28 Source
  • Operating cash flow: 120200000 USD · 2026-01-01 – 2026-06-27 Source
  • Operating cash flow: 30600000 USD · 2026-01-01 – 2026-03-28 Source
  • Operating cash flow: 179500000 USD · 2026-01-01 – 2026-09-26 Source
  • Operating cash flow: 120200000 USD · 2026-01-01 – 2026-06-27 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-30.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +14.2%

    Prior period

    USD 1.98 billion

    –

    Current period

    USD 2.27 billion

    –

    Exact inputs and evidence

    2265100000 − 1983900000 = 281200000 USD

    1983900000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2265100000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +21.7%

    Prior period

    USD 200.5 million

    –

    Current period

    USD 244 million

    –

    Exact inputs and evidence

    244000000 − 200500000 = 43500000 USD

    200500000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    244000000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +16.6%

    Prior period

    USD 285.9 million

    –

    Current period

    USD 333.3 million

    –

    Exact inputs and evidence

    333300000 − 285900000 = 47400000 USD

    285900000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    333300000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 2.27 billion 100% of revenue
  • Cost of revenue USD 1.35 billion 59% of revenue
  • Operating expenses USD 531.6 million 23% of revenue
  • Other operating costs Derived USD 35.7 million 1.6% of revenue
  • Operating income USD 350.4 million 15% of revenue
  • Tax, interest and other Derived USD 106.4 million 4.7% of revenue
  • Net income USD 244 million 11% of revenue

Cash

  • Operating cash flow USD 333.3 million 15% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Net loss: net income was −4.6% of revenue.
  • 2017 Net income was higher than operating income, so the split is not drawn.
  • 2018 93%
  • 2019 90%
  • 2020 Net income was higher than operating income, so the split is not drawn.
  • 2021 Net income was higher than operating income, so the split is not drawn.
  • 2022 97%
  • 2023 87%
  • 2024 10%84%
  • 2025 11%85%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-311472300000 1402300000 Derived 70000000 137200000 Derived -67200000 Unavailable
Source
2017 2017-01-01 – 2017-12-311425800000 1365900000 Derived 59900000 -29400000 Derived 89300000 Unavailable
Source
2018 2018-01-01 – 2018-12-311512600000 1400100000 Derived 112500000 31300000 Derived 81200000 Unavailable
Source
2019 2019-01-01 – 2019-12-311123600000 1009600000 Derived 114000000 48700000 Derived 65300000 Unavailable
Source
2020 2020-01-01 – 2020-12-311128100000 1031200000 Derived 96900000 -2100000 Derived 99000000 Unavailable
Source
2021 2021-01-01 – 2021-12-311219500000 1145800000 Derived 73700000 -351700000 Derived 425400000 Unavailable
Source
2022 2022-01-01 – 2022-12-311460900000 1409900000 Derived 51000000 50800000 Derived 200000 Unavailable
Source
2023 2023-01-01 – 2023-12-311741200000 1519300000 Derived 221900000 132000000 Derived 89900000 Unavailable
Source
2024 2024-01-01 – 2024-12-311983900000 1675600000 Derived 308300000 107800000 Derived 200500000 Unavailable
Source
2025 2025-01-01 – 2025-12-312265100000 1914700000 Derived 350400000 106400000 Derived 244000000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 2.3B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.4B1.8B1.2B611.6M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue1472300000
2017Revenue1425800000
2018Revenue1512600000
2019Revenue1123600000
2020Revenue1128100000
2021Revenue1219500000
2022Revenue1460900000
2023Revenue1741200000
2024Revenue1983900000
2025Revenue2265100000

Revenue growth

Change in revenue from the same financial period one year earlier.

14.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.23%10%-3%-16%-29%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year-5.6%
2017Year over year-3.2%
2018Year over year6.1%
2019Year over year-25.7%
2020Year over year0.4%
2021Year over year8.1%
2022Year over year19.8%
2023Year over year19.2%
2024Year over year13.9%
2025Year over year14.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 15.5% 2025
Net margin 10.8% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.38%27%15%4%-8%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin4.8%
2017Operating margin4.2%
2018Operating margin7.4%
2019Operating margin10.1%
2020Operating margin8.6%
2021Operating margin6%
2022Operating margin3.5%
2023Operating margin12.7%
2024Operating margin15.5%
2025Operating margin15.5%
2016Net margin-4.6%
2017Net margin6.3%
2018Net margin5.4%
2019Net margin5.8%
2020Net margin8.8%
2021Net margin34.9%
2022Net margin0%
2023Net margin5.2%
2024Net margin10.1%
2025Net margin10.8%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 333.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.370.9M234.6M98.3M-38.1M-174.4M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow-1200000
2017Operating cash flow46900000
2018Operating cash flow110600000
2019Operating cash flow148600000
2020Operating cash flow126300000
2021Operating cash flow174600000
2022Operating cash flow-136800000
2023Operating cash flow208500000
2024Operating cash flow285900000
2025Operating cash flow333300000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reported
2017-12-31Liabilities / assetsNot reported
2018-12-31Liabilities / assetsNot reported
2019-12-31Liabilities / assetsNot reported
2020-12-31Liabilities / assetsNot reported
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported
2023-12-31Liabilities / assetsNot reported
2024-12-31Liabilities / assetsNot reported
2025-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

2.48× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.68×2.01×1.34×0.67×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.11×
2017Current assets / current liabilities1.37×
2018Current assets / current liabilities1.27×
2019Current assets / current liabilities1.04×
2020Current assets / current liabilities1.18×
2021Current assets / current liabilities2.06×
2022Current assets / current liabilities2.16×
2023Current assets / current liabilities1.77×
2024Current assets / current liabilities1.87×
2025Current assets / current liabilities2.48×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 67.2 million
Exact value

Exact value: -67200000 USD

2016-01-01 – 2016-12-31: -67200000 USD Inspect Net Income Open source
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−USD 1.2 million
Exact value

Exact value: -1200000 USD

2016-01-01 – 2016-12-31: -1200000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 89.3 million
Exact value

Exact value: 89300000 USD

2017-01-01 – 2017-12-31: 89300000 USD Inspect Net Income Open source
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USD 46.9 million
Exact value

Exact value: 46900000 USD

2017-01-01 – 2017-12-31: 46900000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 81.2 million
Exact value

Exact value: 81200000 USD

2018-01-01 – 2018-12-31: 81200000 USD Inspect Net Income Open source
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USD 110.6 million
Exact value

Exact value: 110600000 USD

2018-01-01 – 2018-12-31: 110600000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 65.3 million
Exact value

Exact value: 65300000 USD

2019-01-01 – 2019-12-31: 65300000 USD Inspect Net Income Open source
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USD 148.6 million
Exact value

Exact value: 148600000 USD

2019-01-01 – 2019-12-31: 148600000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
USD 99 million
Exact value

Exact value: 99000000 USD

2020-01-01 – 2020-12-31: 99000000 USD Inspect Net Income Open source
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USD 126.3 million
Exact value

Exact value: 126300000 USD

2020-01-01 – 2020-12-31: 126300000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 425.4 million
Exact value

Exact value: 425400000 USD

2021-01-01 – 2021-12-31: 425400000 USD Inspect Net Income Open source
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USD 174.6 million
Exact value

Exact value: 174600000 USD

2021-01-01 – 2021-12-31: 174600000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 200,000
Exact value

Exact value: 200000 USD

2022-01-01 – 2022-12-31: 200000 USD Inspect Net Income Open source
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−USD 136.8 million
Exact value

Exact value: -136800000 USD

2022-01-01 – 2022-12-31: -136800000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 89.9 million
Exact value

Exact value: 89900000 USD

2023-01-01 – 2023-12-31: 89900000 USD Inspect Net Income Open source
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USD 208.5 million
Exact value

Exact value: 208500000 USD

2023-01-01 – 2023-12-31: 208500000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 200.5 million
Exact value

Exact value: 200500000 USD

2024-01-01 – 2024-12-31: 200500000 USD Inspect Net Income Open source
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USD 285.9 million
Exact value

Exact value: 285900000 USD

2024-01-01 – 2024-12-31: 285900000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 244 million
Exact value

Exact value: 244000000 USD

2025-01-01 – 2025-12-31: 244000000 USD Inspect Net Income Open source
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USD 333.3 million
Exact value

Exact value: 333300000 USD

2025-01-01 – 2025-12-31: 333300000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

211 filings · 15,334 latest values · 15,333 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000088205, 88205, SPXC, edgar:88205

Also known as SPX CORP, SPX CORPORATION, SPX Corp, SPX TECHNOLOGIES, INC., SPX Technologies, Inc.