SPX Technologies Q3 revenue +20.5% to $714.5M on four HVAC acquisitions; net income +30.6% to $81.9M

Filed October 30, 2026 · Period ending September 26, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read

Key Changes

• high

  Revenue rose 20.5% to $714.5M, driven by organic HVAC growth and four acquisitions: Thermolec ($140.5M), Crawford United ($299.4M), Neptronic ($428.4M), and FIS Water ($405.0M).

  MD&A: Revenue growth drivers verify on EDGAR →
• high

  Net income increased 30.6% to $81.9M, with diluted EPS up 26.6% to $1.62, reflecting acquisition contributions and operating leverage.

  Key Financials view on EDGAR →
• high

  HVAC backlog nearly doubled to $1,102.5M from $578.5M, including $125.2M from the four 2026 acquisitions, signaling strong future revenue visibility.

  MD&A: Backlog verify on EDGAR →