Package & Process Cooling Equipment And Services, And Engineered Air Movement was SPX Technologies’s largest segment in fiscal 2025, bringing in $932.90M of $2.27B (41%).
| Segment | FY 2018 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Package & Process Cooling Equipment And Services, And Engineered Air Movement | — | $683.20M | $884.00M | $932.90M | ||
| Hydronic Heating, Electrical Heating, & Ventilation | — | $439.10M | $480.70M | $585.30M | ||
| Package & Process Cooling Equipment And Services, And Engineered Air Movement And Handling Solutions | $537.00M | — | — | — | ||
| Package & Process Cooling Equipment And Services, And Engineered Air Movement Solutions | — | — | — | — | ||
| Power Transformers | — | — | — | — | ||
| Communication Technologies, Aids To Navigation, & Transportation Systems | $285.00M | $354.80M | $358.30M | $491.00M | ||
| Boilers, Electrical Heating, & Ventilation | $376.80M | — | — | — | ||
| Boilers, Comfort Heating, & Ventilation | — | — | — | — | ||
| Cooling | — | — | — | — | ||
| Underground Locators, Inspection & Rehabilitation Equipment, And Robotic Systems | $262.10M | $264.10M | $260.90M | $255.90M | ||
| Signal Monitoring, Obstruction Lighting, & Bus Fare Collection Systems | — | — | — | — | ||
| Process Cooling Equipment & Services | — | — | — | — | ||
| South African Projects | — | — | — | — | ||
| Total | $1.46B | $1.74B | $1.98B | $2.27B |
SPX Technologies brought in $2.27B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 14.2% from $1.98B in fiscal 2024. Package & Process Cooling Equipment And Services, And Engineered Air Movement was the largest at $932.90M (41.2%), ahead of Hydronic Heating, Electrical Heating, & Ventilation at $585.30M (25.8%) and Communication Technologies, Aids To Navigation, & Transportation Systems at $491.00M (21.7%). The remaining segment, Underground Locators, Inspection & Rehabilitation Equipment, And Robotic Systems, brought in $255.90M.
Compared with fiscal 2024, Communication Technologies, Aids To Navigation, & Transportation Systems grew fastest, up 37.0% to $491.00M, while Underground Locators, Inspection & Rehabilitation Equipment, And Robotic Systems fell the most, down 1.9% to $255.90M.
SPX Technologies began breaking out Package & Process Cooling Equipment And Services, And Engineered Air Movement in fiscal 2023 and Hydronic Heating, Electrical Heating, & Ventilation in fiscal 2023. SPX Technologies stopped reporting Package & Process Cooling Equipment And Services, And Engineered Air Movement And Handling Solutions ($537.00M in fiscal 2022) and Boilers, Electrical Heating, & Ventilation ($376.80M in fiscal 2022) as separate segments.
Hvac Reportable Segment was SPX Technologies’s largest segment in fiscal 2025, bringing in $1.05B of $1.66B (63%).
| Statement Business Segments | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Flow Technology Reportable | — | — | — | — | |||||||||||
| Salesrevenuenet | — | — | — | — | |||||||||||
| Revenue, Net | — | — | — | — | |||||||||||
| Revenues | — | — | — | — | |||||||||||
| Thermal Equipment & Services Reportable Segment | — | — | — | — | |||||||||||
| Engineered Solutions Reportable Segment | — | — | — | — | |||||||||||
| Engineered Solutions Segment | — | — | — | — | |||||||||||
| Industrial Products & Services And Other | — | — | — | — | |||||||||||
| Detection & Measurement Reportable Segment | $455.10M | $448.50M | $879.80M | $608.30M | |||||||||||
| Hvac Reportable Segment | — | $762.70M | $480.70M | $1.05B | |||||||||||
| External Revenues | $75.80M | — | — | — | |||||||||||
| Detection & Measurement Segment | — | — | — | — | |||||||||||
| Hvac Segment | — | — | — | — | |||||||||||
| Other Segments | — | — | — | — | |||||||||||
| All Other | — | — | — | — | |||||||||||
| Total | $530.90M | $1.21B | $1.36B | $1.66B |
SPX Technologies brought in $1.66B from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $2.27B it reports by segment, so these segments do not cover all of its revenue. Hvac Reportable Segment was the largest at $1.05B (63.4%), ahead of Detection & Measurement Reportable Segment at $608.30M (36.6%).
Compared with fiscal 2024, Hvac Reportable Segment grew 119.4% to $1.05B, while Detection & Measurement Reportable Segment fell 30.9% to $608.30M.
SPX Technologies stopped reporting External Revenues as a separate segment after fiscal 2022, when it brought in $75.80M.
United States was SPX Technologies’s largest region in fiscal 2025, bringing in $1.81B of $2.27B (80%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.22B | $1.45B | $1.64B | $1.81B | ||||||||||
| Salesrevenuenet | — | — | — | — | ||||||||||
| Revenue, Net | — | — | — | — | ||||||||||
| Revenues | — | — | — | — | ||||||||||
| Germany | — | — | — | — | ||||||||||
| Other | $72.60M | $88.70M | $76.00M | $91.90M | ||||||||||
| South Africa | — | — | — | — | ||||||||||
| United Kingdom | $96.50M | $96.30M | $90.90M | $95.50M | ||||||||||
| China | $51.00M | $53.70M | $64.90M | $71.70M | ||||||||||
| Canada | $17.30M | $48.40M | $111.30M | $193.40M | ||||||||||
| Total | $1.46B | $1.74B | $1.98B | $2.27B |
SPX Technologies brought in $2.27B from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 14.2% from $1.98B in fiscal 2024. United States was the largest at $1.81B (80.0%), ahead of Canada at $193.40M (8.5%) and United Kingdom at $95.50M (4.2%). The other two regions brought in $163.60M combined.
Compared with fiscal 2024, Canada grew fastest, up 73.8% to $193.40M. Every region above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these regions grew from $1.46B to $2.27B, a compound annual growth rate of 15.7%. United States' share of the total fell from 83.7% to 80.0%.
SPX Technologies (SPXC) reports its revenue by segment, by statement business segments and by geography. In fiscal 2025, Package & Process Cooling Equipment And Services, And Engineered Air Movement was its largest segment, bringing in $932.90M (41.2% of the total), followed by Hydronic Heating, Electrical Heating, & Ventilation at $585.30M (25.8%).
Package & Process Cooling Equipment And Services, And Engineered Air Movement was SPX Technologies' largest segment in fiscal 2025, bringing in $932.90M, or 41.2% of the $2.27B total across its four segments.
United States was SPX Technologies' largest region in fiscal 2025, bringing in $1.81B, or 80.0% of the $2.27B total across its five regions.
Among SPX Technologies' segments that make up at least 2% of revenue, Communication Technologies, Aids To Navigation, & Transportation Systems grew fastest in fiscal 2025, up 37.0% from $358.30M to $491.00M.
Every figure comes from SPX Technologies' annual financial filings, as reported. Each line keeps the name SPX Technologies gives it, and years follow its fiscal calendar.
SPX Technologies' revenue by segment goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.