SPX Technologies: Inside the Data Center Capacity Buildout—How HVAC Expansion Is Riding the AI Heat-Load Wave!

SPX Technologies recently reported its fourth quarter and full-year 2025 results, showcasing notable financial and strategic progress amidst ongoing expansion efforts in its core segments, HVAC and Detection & Measurement. The company’s results demonstrated significant growth, with both segments contributing to a 21% increase in adjusted EBITDA and adjusted earnings per share (EPS) for the full year. The year-end highlights included a revenue increase of 19.4% in the fourth quarter, supported by recent acquisitions and organic growth. The company’s strategic initiatives were evident through both organic expansions and inorganic growth via acquisitions. In the HVAC segment, SPX Technologies is enhancing its capacity to address growing demand by investing in new facilities and strengthening its market presence. Notably, the acquisition of Thermolec, Air Enterprises, and Rahn Industries is aimed at bolstering its position in the electric heat and engineered air movement markets.