SPX Technologies (SPXC) Gross Margin (2009 - 2026)
SPX Technologies (SPXC) posted quarterly Gross Margin of 40.18% for Q2 2026, down 126.0% year-over-year from 154.53% in Q2 2025, and down 1.25% on a QoQ basis from 40.68% in Q1 2026.
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.
- Gross Margin for Q2 2026 came in at 40.18%, down 126.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 40.24% (down 71.0% YoY), and the FY2025 annual result was 40.51%, up 22.0% from the prior year.
- Gross Margin slipped to 40.18% in Q2 2026, from 40.68% in the prior quarter.
- Over five years, Gross Margin peaked at 41.44% in Q2 2025 and troughed at 33.87% in Q2 2022.
- A 5-year average of 38.93% and a median of 39.9% in 2023 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin sank 249 bps; it then surged 363 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 37.78% in 2022, then grew by 6 bps to 40.03% in 2023, then advanced by 2 bps to 40.87% in 2024, then decreased by 3 bps to 39.76% in 2025, then grew by 1 bps to 40.18% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 40.18% in Q2 2026, 40.68% in Q1 2026, and 39.76% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 37.41% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 30.59% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 43.57% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 36.20% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 34.91% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 28.77% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 40.76% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 40.18% |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 41.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |