SPX Technologies — Third Quarter 2026 Earnings Summary

SPX Technologies reported third-quarter 2026 revenue of $714.5 million, representing a 20.5% increase compared to the same period in 2025, driven primarily by strong demand in the HVAC sector and inorganic growth from recent acquisitions. The company achieved GAAP net income of $81.9 million and adjusted earnings per share of $2.21, while updating its full-year 2026 revenue guidance to a range of $2.745 billion to $2.805 billion. HVAC segment revenue grew 35.5% to $525.0 million, whereas the Detection and Measurement segment saw a 7.7% decline in revenue to $189.5 million due to lower project volumes. SPX Technologies anticipates full-year 2026 adjusted EBITDA to range between $625 million and $645 million, reflecting continued momentum in data center cooling capacity and strategic expansion.