SPX Technologies: Its Efforts Towards Capacity Expansion Initiatives

SPX Technologies recently reported its third-quarter performance for 2025, which showcased strong financial results coupled with strategic corporate moves. The company experienced significant growth in both adjusted earnings per share (EPS) and revenue. Overall, SPX Technologies increased its adjusted EPS by 32% year-over-year to $1.84, while total company revenue grew by 23%, largely driven by organic growth and recent acquisitions. Revenue in the HVAC segment rose by 15.5% year-over-year, with an organic growth rate of 9%. This performance was bolstered by increased demand in cooling and heating, reflecting solid industry conditions. Similarly, the Detection & Measurement (D&M) segment saw a robust 38.4% year-over-year revenue increase, primarily fueled by organic growth and the benefits of the KTS acquisition, which contributed 11.6% to growth. Adjusted EBITDA margins expanded by 150 basis points to 31% year-over-year, highlighting efficient operations across segments. From a strategic perspective, SPX Technologies enhanced its liquidity position significantly.