Revenue: As of FY2026 Q1, the actual value is USD 566.8 M, beating the estimate of USD 557.63 M.EPS: As of FY2026 Q1, the actual value is USD 1.27, missing the estimate of USD 1.2744.EBIT: As of FY2026 Q1, the actual value is USD 95 M.<h3>First Quarter 2026 Financial Highlights (compared to First Quarter 2025)</h3><h4>Consolidated Results</h4><ul><li>SPX Technologies reported consolidated revenue of $566.8 million, marking an increase of 17.4%, which included 7.4% organic growth .</li><li>GAAP income from continuing operations rose by 24.6% to $64.4 million .</li><li>GAAP EPS was $1.27, an increase of 15.5% .</li><li>Adjusted EPS increased by 22.5% to $1.69 .</li><li>Adjusted EBITDA grew by 22.9% to $126.1 million, achieving an Adjusted EBITDA margin of 22.2% .</li><li>Operating income for SPX Technologies was $87.7 million, compared to $66.6 million in the prior year period .</li><li>Consolidated segment income reached $135.3 million, up from $110.5 million, representing 23.9% of revenues .</li><li>Adjusted operating income was $119.7 million, compared to $94.9 million in the prior year .</li></ul><h4>Cash Flow</h4><ul><li>Net operating cash flow from continuing operations was $29.8 million, a significant improvement from - $10.4 million in the prior year .</li><li>Capital expenditures were - $18.5 million .</li><li>Free cash flow from continuing operations was $11.3 million, compared to - $15.9 million in the prior year .</li><li>Adjusted free cash flow from continuing operations was $15.8 million, which was down from $36.3 million .</li></ul><h4>Segment Performance</h4><ul><li>HVAC Segment:<ul><li>Revenue increased by 22.0% to $394.0 million, driven by 9.6% organic growth and 11.5% inorganic growth from acquisitions .</li><li>Segment income for HVAC was $88.6 million, up from $73.9 million, but segment income as a percent of revenues decreased by 40 basis points to 22.5% .</li></ul></li><li>Detection &amp; Measurement Segment:<ul><li>Revenue grew by 8.3% to $172.8 million, with 3.0% organic growth and 3.9% inorganic growth .</li><li>Segment income rose to $46.7 million from $36.6 million, and segment income as a percent of revenues increased by 410 basis points to 27.0% .</li></ul></li></ul><h4>Liquidity and Financial Position (as of March 28, 2026, compared to December 31, 2025)</h4><ul><li>Total debt increased to $674.0 million from $501.6 million .</li><li>Total cash decreased to $158.3 million from $366.0 million .</li></ul><h3>2026 Full-Year Guidance</h3>SPX Technologies raised its full-year 2026 guidance, projecting total revenue between $2.575 billion and $2.645 billion, representing approximately 15% year-on-year growth at the midpoint . Adjusted EBITDA is anticipated to be between $600 million and $625 million, a 21% increase at the midpoint, while Adjusted EPS is expected to be in the range of $7.75 to $8.15, up around 18% at the midpoint . The company also updated segment income margin guidance, with HVAC expected at 24.25%-24.75% and Detection &amp; Measurement at 25.50%-26.00% .

SPX Technologies | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 566.8 M