SPX Technologies SPXC
NYSE SPXC
$192.74 -4.46 (-2.26%)
As of: Sep 9, 2026 · 3:59 PM EDT

SPX Technologies (SPXC) Gross Margin (2009 - 2026)

SPX Technologies (SPXC) posted Gross Margin of 40.18% for Q2 2026, down 1.25% on a QoQ basis from 40.68% in Q1 2026, and down 126.0% year-over-year from 154.53% in Q2 2025.

Analysis

SPX Technologies (SPXC) Gross Margin (2009 - 2026) Analysis & Trends

SPX Technologies has reported Gross Margin for 18 years, with the latest figure at 40.18% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 126.0% year-over-year to 40.18% in Q2 2026; TTM through Jun 2026 was 40.24%, a 71.0% decrease from a year earlier, with the FY2025 full-year figure at 40.51%, up 22.0% from the prior year.
  • Gross Margin was 40.18% for Q2 2026 at SPX Technologies, down from 40.68% in the prior quarter.
  • The five-year high for Gross Margin was 41.44% in Q2 2025, with the low at 33.87% in Q2 2022.
  • Average Gross Margin over 5 years is 38.93%, with a median of 39.9% recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin sank 249 bps in 2022, then soared 363 bps in 2023.
  • Over 5 years, Gross Margin stood at 37.78% in 2022, then rose by 6 bps to 40.03% in 2023, then grew by 2 bps to 40.87% in 2024, then dropped by 3 bps to 39.76% in 2025, then rose by 1 bps to 40.18% in 2026.
  • The last three Gross Margin figures came in at 40.18% (Q2 2026), 40.68% (Q1 2026), and 39.76% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Trane Technologies 98.54 Bn 97.25 Bn 2.26 Bn 35.57%
2 Johnson Controls International 87.78 Bn 87.18 Bn 2.47 Bn 37.41%
3 Comfort Systems Usa 56.67 Bn 54.82 Bn 844.23 Mn 25.85%
4 Carrier Global 49.23 Bn 48.21 Bn 1.94 Bn 30.59%
5 Lennox International 13.50 Bn 13.44 Bn 539.50 Mn 34.91%
6 Modine Manufacturing 10.26 Bn 10.20 Bn - -
7 SPX Technologies 9.84 Bn 9.67 Bn 272.80 Mn 40.18%
8 Smith A O 8.22 Bn 8.04 Bn 387.80 Mn 38.61%
9 Aaon 6.55 Bn 6.55 Bn 152.49 Mn 24.32%
10 Legence 5.72 Bn 5.81 Bn 220.23 Mn 17.45%
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 40.18%
Mar 28, 2026 40.68%
Dec 31, 2025 39.76%
Sep 27, 2025 40.40%
Jun 28, 2025 41.44%
Mar 29, 2025 40.59%
Dec 31, 2024 40.87%
Sep 28, 2024 40.85%
Jun 29, 2024 40.06%
Mar 30, 2024 39.32%
Dec 31, 2023 40.03%
Sep 30, 2023 37.58%
Jul 1, 2023 38.65%
Apr 1, 2023 37.49%
Dec 31, 2022 37.78%
Oct 1, 2022 35.92%
Jul 2, 2022 35.20%
Apr 2, 2022 33.87%
Dec 31, 2021 36.94%
Oct 2, 2021 33.53%