Q2 25 EPS
$1.65
BEAT +13.61%
Est. $1.45
Q2 25 Revenue
$552.4M
BEAT +1.12%
Est. $546.3M
vs S&P Since Q2 25
+5.4%
BEATING MARKET
SPXC +23.3% vs S&P +17.9%
Market Reaction
Did SPXC Beat Earnings? Q2 2025 Results
SPX Technologies posted a strong second quarter in 2025, with adjusted EPS of $1.65 rising 16.2% year-over-year and consolidated revenue climbing 10.2% to $552.40 million, a result that reflected both disciplined execution and the meaningful lift fro… Read more SPX Technologies posted a strong second quarter in 2025, with adjusted EPS of $1.65 rising 16.2% year-over-year and consolidated revenue climbing 10.2% to $552.40 million, a result that reflected both disciplined execution and the meaningful lift from recent acquisitions. The company's Detection & Measurement segment led the way, with revenue surging 21.3% to $175.70 million on the strength of the KTS acquisition and solid organic demand in communication technologies and transportation systems. The HVAC segment, meanwhile, expanded margins by 190 basis points to 25.4% on a more accretive product mix, even as organic growth remained modest at 0.7%. Adjusted EBITDA grew 16.3% to $126.70 million, with margins widening 120 basis points to 22.9%. Management responded to the momentum by raising full-year 2025 guidance, now targeting revenue of $2.23 billion to $2.27 billion, adjusted EBITDA of $485 million to $510 million, and adjusted EPS of $6.35 to $6.65, with capacity expansion initiatives and the new OlympusV Max data center cooling solution positioned to extend that trajectory into 2026.
Key Takeaways
- • Higher volumes of both heating and cooling products in HVAC segment
- • More accretive product mix and favorable project execution in cooling products
- • Higher project volumes in communication technologies and transportation systems businesses
- • Strong contributions from recent acquisitions (Sigma & Omega and KTS)
- • Organic revenue growth of 2.1% consolidated, with 7.8% inorganic contribution from acquisitions
SPXC YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
SPXC Revenue by Segment
With YoY comparisons, source: SEC Filings
“I'm very pleased with our second quarter results, which included significant year-over-year profit growth in both segments and strong margin performance—particularly in our HVAC segment. We continue to see solid demand in key end markets, execute well operationally across our businesses, and see strong contributions from our recent acquisitions.”
— Gene Lowe, Q2 2025 Earnings Press Release
SPXC Earnings Trends
SPXC vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SPXC EPS Trend
Earnings per share: estimate vs actual
SPXC Revenue Trend
Quarterly revenue: estimate vs actual
SPXC Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.56 | $1.69 | +8.28% | $566.8M | +1.64% |
| Q4 25 BEAT FY | $1.87 | $1.88 | +0.67% | $637.3M | +1.81% |
| FY Full Year | $6.74 | $6.76 | +0.24% | $2.27B | +0.51% |
| Q3 25 BEAT | $1.62 | $1.84 | +13.85% | $592.8M | +2.83% |
| Q2 25 BEAT | $1.45 | $1.65 | +13.61% | $552.4M | +1.12% |
| Q1 25 BEAT | $1.17 | $1.38 | +17.57% | $482.6M | +0.30% |