SPX Technologies (SPXC) Operating Expenses (2009 - 2026)
SPX Technologies (SPXC) recorded quarterly Operating Expenses of $14.5 million in Q1 2026, down 25.64% quarter-over-quarter from $19.5 million in Q4 2025, and up 3.57% on a YoY basis from $14.0 million in Q1 2025.
SPX Technologies (SPXC) Operating Expenses (2009 - 2026) Analysis & Trends
SPX Technologies' Operating Expenses history runs 18 years deep, the most recent figure standing at $14.5 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.57% year-over-year to $14.5 million; the TTM figure through Mar 2026 stood at $59.7 million (up 11.17% YoY), while the FY2025 annual figure was $59.2 million, up 10.45% from the prior year.
- Operating Expenses was $14.5 million for Q1 2026 at SPX Technologies, down from $19.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $68.6 million in Q4 2022 to a low of $12.0 million in Q2 2024.
- Historically, Operating Expenses has averaged $17.9 million across 5 years, with a median of $14.5 million in 2026.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 233.01% in 2022, then plunged 79.3% in 2023.
- A 5-year view of Operating Expenses shows it stood at $68.6 million in 2022, then slumped by 79.3% to $14.2 million in 2023, then increased by 7.75% to $15.3 million in 2024, then rose by 27.45% to $19.5 million in 2025, then slipped by 25.64% to $14.5 million in 2026.
- The last three Operating Expenses figures came in at $14.5 million (Q1 2026), $19.5 million (Q4 2025), and $12.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 952.00 Mn |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 1.22 Bn |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 5.10 Bn |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 185.20 Mn |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 369.00 Mn |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 183.90 Mn |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 14.50 Mn |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | - |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 65.81 Mn |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | 390.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 14.50 Mn |
| Dec 31, 2025 | 19.50 Mn |
| Sep 27, 2025 | 12.40 Mn |
| Jun 28, 2025 | 13.30 Mn |
| Mar 29, 2025 | 14.00 Mn |
| Dec 31, 2024 | 15.30 Mn |
| Sep 28, 2024 | 12.40 Mn |
| Jun 29, 2024 | 12.00 Mn |
| Mar 30, 2024 | 13.90 Mn |
| Dec 31, 2023 | 14.20 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jul 1, 2023 | 16.60 Mn |
| Apr 1, 2023 | 14.60 Mn |
| Dec 31, 2022 | 68.60 Mn |
| Oct 1, 2022 | 17.20 Mn |
| Jul 2, 2022 | 16.40 Mn |
| Apr 2, 2022 | 16.60 Mn |
| Dec 31, 2021 | 20.60 Mn |
| Oct 2, 2021 | 11.90 Mn |
| Jul 3, 2021 | 13.60 Mn |