SPX Technologies annual r&d spending
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SPX Technologies R&D Spending Growth & History (SPXC)
SPX Technologies's r&d spending was $54.0M for fiscal 2025.
View full SPX Technologies company overviewSPX Technologies annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $54.0M | $8.1M | +17.65% |
| 2024 | 2024-12-31 | $45.9M | $2.7M | +6.25% |
| 2023 | 2023-12-31 | $43.2M | $4.1M | +10.49% |
| 2022 | 2022-12-31 | $39.1M | $8.4M | +27.36% |
| 2021 | 2021-12-31 | $30.7M | $2.6M | +9.25% |
| 2020 | 2020-12-31 | $28.1M | $3.8M | +15.64% |
| 2019 | 2019-12-31 | $24.3M | $1.4M | +6.11% |
| 2018 | 2018-12-31 | $22.9M | −$400,000 | −1.72% |
| 2017 | 2017-12-31 | $23.3M | −$5.8M | −19.93% |
| 2016 | 2016-12-31 | $29.1M | $500,000 | +1.75% |
| 2015 | 2015-12-31 | $28.6M | −$1.6M | −5.30% |
| 2014 | 2014-12-31 | $30.2M | −$1.8M | −5.63% |
| 2013 | 2013-12-31 | $32.0M | −$17.0M | −34.69% |
| 2012 | 2012-12-31 | $49.0M | $7.9M | +19.22% |
| 2011 | 2011-12-31 | $41.1M | −$6.1M | −12.92% |
| 2010 | 2010-12-31 | $47.2M | $4.8M | +11.32% |
| 2009 | 2009-12-31 | $42.4M | — | — |
SPX Technologies r&d spending trends
Over the last five fiscal years, SPX Technologies's r&d spending increased from $28.1M to $54.0M, a change of $25.9M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SPX Technologies source filings ↗