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SPX Technologies reports strong Q3 2026 growth with 20.5% revenue increase and raises full-year guidance.

Company Fundamentals
29 Oct 2026, 23:05 WIB
GlobeNewsWire
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Bullish
SPX Technologies reports strong Q3 2026 growth with 20.5% revenue increase and raises full-year guidance.

SPX Technologies posted a 20.5% revenue increase to $714.5 million in Q3 2026, with GAAP net income up 30.6% to $81.9 million and adjusted EPS rising 20.1%. Growth was driven by strong demand in HVAC, especially data center cooling, and improved profitability in Detection & Measurement despite a revenue decline in that segment. The company raised its full-year 2026 revenue guidance to $2.745-$2.805 billion and expects adjusted EBITDA growth of about 25%. SPX also expanded its HVAC capacity and acquired FIS Water to strengthen its cooling platform and market position.

SPX Technologies reported a 20.5% revenue increase to $714.5 million in Q3 2026, highlighting strong growth in HVAC and improved profitability despite some segment declines. For readers following the Industrials sector, here is Pluang's market snapshot as of Oct 30, 2026 02:31 WIB: out of 135 priced US Industrials stocks, 100 rose and 34 fell. Notable movers include ATI at USD 174.95 (+5.84%), JetBlue Airways at USD 3.02 (+5.79%), and AGCO at USD 107.79 (+5.51%).

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