SPX Technologies publishes Q3 2026 earnings transcript
SPXC•SPX Technologies reported third-quarter revenue of $714.5 million and adjusted EBITDA of $165.7 million. It narrowed full-year 2026 adjusted EBITDA guidance to $625 million-$645 million and adjusted EPS guidance to $8.20-$8.50.
1. Quarterly results and guidance
SPX Technologies’ Oct. 29 third-quarter earnings presentation featured CEO Gene Lowe and CFO Mark A. Carano. Quarterly revenue reached $714.5 million, with adjusted EBITDA of $165.7 million. Full-year 2026 adjusted EBITDA guidance narrowed to $625 million-$645 million, and adjusted EPS guidance narrowed to $8.20-$8.50.
2. HVAC and acquisition update
HVAC organic revenue rose 22.3%, while segment margin fell 140 basis points amid growth-related inefficiencies and elevated input costs. Management confirmed the FIS Water acquisition closed, extending its HVAC strategy, and said the acquisition pipeline remained active.
