SPX Technologies (SPXC) Tax Provisions (2009 - 2026)
SPX Technologies (SPXC) posted Tax Provisions of $22.9 million for Q2 2026, up 76.15% on a QoQ basis from $13.0 million in Q1 2026, and up 31.61% year-over-year from $17.4 million in Q2 2025.
Analysis
SPX Technologies (SPXC) Tax Provisions (2009 - 2026) Analysis & Trends
SPX Technologies has reported Tax Provisions for 18 years, with the latest figure at $22.9 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 31.61% year-over-year to $22.9 million in Q2 2026; TTM through Jun 2026 was $80.9 million, a 34.61% increase from a year earlier, with the FY2025 full-year figure at $68.6 million, up 27.99% from the prior year.
- Tax Provisions was $22.9 million for Q2 2026 at SPX Technologies, up from $13.0 million in the prior quarter.
- The five-year high for Tax Provisions was $26.6 million in Q4 2025, with the low at -$2.5 million in Q4 2022.
- Average Tax Provisions over 5 years is $11.5 million, with a median of $11.8 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions slumped 159.52% in 2022, then soared 596.0% in 2023.
- Over 5 years, Tax Provisions stood at $2.8 million in 2022, then soared by 260.71% to $10.1 million in 2023, then soared by 111.88% to $21.4 million in 2024, then grew by 24.3% to $26.6 million in 2025, then decreased by 13.91% to $22.9 million in 2026.
- The last three Tax Provisions figures came in at $22.9 million (Q2 2026), $13.0 million (Q1 2026), and $26.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.21 Bn | 95.89 Bn | 2.26 Bn | 218.20 Mn |
| 2 | Johnson Controls International | 86.90 Bn | 86.26 Bn | 2.47 Bn | 165.00 Mn |
| 3 | Comfort Systems Usa | 56.02 Bn | 54.17 Bn | 844.23 Mn | 124.64 Mn |
| 4 | Carrier Global | 46.82 Bn | 45.47 Bn | 1.94 Bn | 180.00 Mn |
| 5 | Lennox International | 12.94 Bn | 12.88 Bn | 539.50 Mn | 70.60 Mn |
| 6 | Modine Manufacturing | 9.45 Bn | 9.37 Bn | - | - |
| 7 | SPX Technologies | 9.35 Bn | 9.18 Bn | 272.80 Mn | 22.90 Mn |
| 8 | Smith A O | 7.76 Bn | 7.58 Bn | 387.80 Mn | 33.10 Mn |
| 9 | Aaon | 6.28 Bn | 6.28 Bn | 152.49 Mn | 6.19 Mn |
| 10 | Csw Industrials | 4.83 Bn | 4.79 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 22.90 Mn |
| Mar 28, 2026 | 13.00 Mn |
| Dec 31, 2025 | 26.60 Mn |
| Sep 27, 2025 | 18.40 Mn |
| Jun 28, 2025 | 17.40 Mn |
| Mar 29, 2025 | 6.20 Mn |
| Dec 31, 2024 | 21.40 Mn |
| Sep 28, 2024 | 15.10 Mn |
| Jun 29, 2024 | 15.20 Mn |
| Mar 30, 2024 | 1.90 Mn |
| Dec 31, 2023 | 10.10 Mn |
| Sep 30, 2023 | 12.40 Mn |
| Jul 1, 2023 | 7.80 Mn |
| Apr 1, 2023 | 11.30 Mn |
| Dec 31, 2022 | 2.80 Mn |
| Oct 1, 2022 | -2.50 Mn |
| Jul 2, 2022 | 4.40 Mn |
| Apr 2, 2022 | 2.60 Mn |
| Dec 31, 2021 | -27.40 Mn |
| Oct 2, 2021 | 4.20 Mn |