SPX, also known as SPX Technologies, is publicly owned and headquartered in the United States. Founded in 1912, the company employs approximately 1910 individuals and reported $2.3B in revenue as of 2025. The company specializes in Industrial Machinery Manufacturing, supplying engineered heating, ventilation, and air conditioning (HVAC) products, along with detection and measurement technologies and power equipment.
SPX Technologies reported strong second-quarter earnings performance on August 16, 2026, with revenues reaching $679 million, marking a 22.9% year-over-year increase that surpassed analyst expectations by 5.8%. This followed the company's announcement on July 31, 2026, that it appointed Brian Deck, CEO of JBT Marel Corporation, to its Board of Directors. Earlier the same day, SPX Technologies' stock experienced a 9.3% decline after the company released its second-quarter 2026 results, which included sales of US$679 million, net income of US$78.4 million, and a raised 2026 revenue outlook.
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