SPX Technologies beats Q2, raises 2026 guidance on data center strength and Neptronic deal

Filed July 30, 2026 · Period ending July 30, 2026 · ~1 min read

Key Changes

• high

  Q2 revenue rose 22.9% to $679.0M; adjusted EPS up 22.4% to $2.02, GAAP EPS up 41.8% to $1.56, driven by organic growth and recent acquisitions.

  Exhibit 99.1 view on EDGAR →
• high

  Raised full-year guidance: revenue to $2.705–$2.765B (from $2.575–$2.645B), adjusted EPS to $8.20–$8.60 (from $7.75–$8.15), reflecting data center demand and Neptronic contribution.

  Exhibit 99.1 view on EDGAR →
• high

  Acquired Neptronic to expand HVAC portfolio with complementary products leveraging existing sales channels; funded with $340M in July 2026 borrowings.

  Exhibit 99.1 view on EDGAR →