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SPX Technologies Q1 revenue rises 17.4%, boosts 2026 full-year guidance on strong demand and acquisitions

Company Fundamentals
30 Apr 2026
GlobeNewsWire
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Bullish
pluang ai news

SPX Technologies reported a 17.4% revenue increase to $566.8 million in Q1 2026, driven by organic growth and acquisitions. GAAP income from continuing operations rose 24.6%, with adjusted EPS up 22.5%. The company raised its full-year 2026 guidance, expecting revenue between $2.575 and $2.645 billion and adjusted EBITDA growth of about 21%, citing strong demand in HVAC and detection markets and successful capacity expansions. SPX remains optimistic about sustained growth and acquisition opportunities despite tariff challenges.

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