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Federal Signal (FSS) Q4 FY25 earnings call

Earnings call· Dec 2025 (Q4 FY25)· Industrials· Feb 25, 2026

Source: earnings call transcript

Federal Signal delivered record Q4 FY25 results, driven by strong organic growth and contributions from recent acquisitions. The company is focused on integrating New Way and Mega, expanding capacity, and leveraging its aftermarket business, while navigating increased acquisition-related expenses and a shift in its refuse truck distribution strategy. Management provided an optimistic outlook for 2026, projecting continued double-digit growth and record adjusted EPS.

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FSS operating KPIs by quarter

FSS operating KPIs stated on its earnings calls, by fiscal quarter
KPIThis call Dec 2025 Q4 FY25 Jun 2026 Q2 FY26Change vs prior quarter
Orders
$647M Orders for the quarter were $647 million, up $201 million or 45% from last year. Source: earnings call transcript
$637M Customer demand remained strong during the quarter with orders of $637 million, representing an increase of $97 million or 18% compared to last year. Source: earnings call transcript
-1.5%
Orders Environmental Solutions Group
$566M ESG reported total orders of $566 million in Q4 this year, an increase of [Technical Difficulty] or 55% from last year. Source: earnings call transcript
$548M ESG reported total orders of $548 million in Q2 this year, an increase of $107 million or 24% compared to last year. Source: earnings call transcript
-3.2%
Orders Safety and Security Systems Group
~$82M SSG's orders for the quarter were generally in line with last year at approximately $82 million. Source: earnings call transcript
$89M SSG's orders for the quarter were $89 million compared to $99 million last year. Source: earnings call transcript
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Backlog
$1.04B Lastly, I wanted to provide some context around our backlog, which stood at $1.04 billion at the end of fourth quarter, up approximately 5% year-over-year. Source: earnings call transcript
$1B Backlog at the end of the quarter was $1 billion compared to $1.08 billion last year. Source: earnings call transcript
-3.8%

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.