Jun 2026 (Q2 FY26) — Jul 30, 2026
Federal Signal Q2 FY26 — Record Sales, EBITDA, and EPS Driven by Broad-Based Strength and Acquisitions
Read the full callFederal Signal (FSS) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Federal Signal earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 670 | +18.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 17.6 | +0.3 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 86.1 | +20.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$113.47 +0.42% · +$0.47
Performance −4.5% 1Y
1Y: $118.81 on 14 Oct 2025 → $113.47. High $133.86 (6 Jul 2026), low $104.77 (30 Mar 2026).
- Previous close
- $113
- 52-week range
- $104.77 – $133.86
- One year
- −4.74%
Overview
- Symbol
- FSS
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Call summaries
Dec 2025 (Q4 FY25) — Feb 25, 2026
Federal Signal Q4 FY25 — Record Sales and EPS Driven by Acquisitions and Organic Growth
Read the full callEvery analysed call
Federal Signal earnings calls (FSS)
Financials
What the filings say
Net profit, year on year: +21% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 474 | 472 | 464 | 565 | 555 | 597 | 626 | 670 |
| Operating profit | 76 | 70 | 66 | 98 | 94 | 84 | 100 | 118 |
| Operating margin | 16.0% | 14.8% | 14.2% | 17.3% | 16.9% | 14.0% | 15.9% | 17.6% |
| Interest | 3 | 3 | 3 | 4 | 3 | 5 | 7 | 6 |
| Profit before tax | 73 | 63 | 62 | 93 | 91 | 79 | 92 | 111 |
| Tax rate | 25.8% | 20.5% | 25.3% | 23.6% | 24.8% | 22.6% | 23.6% | 22.7% |
| Net profit | 54 | 50 | 46 | 71 | 68 | 61 | 70 | 86 |
| EPS ($ per share) | 0.88 | — | 0.76 | 1.18 | 1.12 | — | 1.16 | 1.41 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 66 | 67 | 68 | 69 | 70 | 70 | 70 | 71 |
| Reserves | 433 | 528 | 605 | 684 | 782 | 916 | 1,103 | 1,315 |
| Total liabilities | 494 | 524 | 507 | 582 | 663 | 619 | 579 | 1,011 |
| Fixed assets | 62 | 92 | 107 | 142 | 179 | 191 | 219 | 275 |
| Total assets | 1,024 | 1,166 | 1,209 | 1,366 | 1,524 | 1,621 | 1,765 | 2,393 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 93 | 103 | 136 | 102 | 72 | 194 | 231 | 255 |
| Cash from investing | -11 | -84 | -34 | -169 | -100 | -84 | -79 | -528 |
| Cash from financing | -81 | -25 | -53 | 26 | 36 | -98 | -121 | 245 |
| Net cash flow | -0 | -6 | 50 | -41 | 7 | 14 | 30 | -27 |
| Capital expenditure | -14 | -35 | -30 | -37 | -53 | -30 | -41 | -28 |
| Free cash flow | 79 | 68 | 107 | 64 | 19 | 164 | 191 | 227 |
FSS revenue by segment
Environmental Solutions grew from 84% to 86% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Environmental Solutions | 84% | 84% | 84% | 85% | 84% | 84% | 85% | 86% | +20.2% |
| Safety and Security Systems | 16% | 16% | 16% | 15% | 16% | 16% | 15% | 14% | +10.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
FSS operating KPIs by quarter
| KPI | Dec 2025 Q4 FY25 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Orders | $647MOrders for the quarter were $647 million, up $201 million or 45% from last year.Source: earnings call transcript | $637MCustomer 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 | $566MESG reported total orders of $566 million in Q4 this year, an increase of [Technical Difficulty] or 55% from last year.Source: earnings call transcript | $548MESG 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 | ~$82MSSG's orders for the quarter were generally in line with last year at approximately $82 million.Source: earnings call transcript | $89MSSG's orders for the quarter were $89 million compared to $99 million last year.Source: earnings call transcript | — |
| Backlog | $1.04BLastly, 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 | $1BBacklog 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.
Revenue by region
Q2 FY2026 · share of revenue
- US 83% ↑ 3 pt
- CA 10% ↓ 2 pt
- Europe Other 7%
As FSS cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
61 filings between Nov 4, 2025 and Sep 25, 2026.
Open market
decisions to buy or sellPurchases
$221.5K
1 purchase by 1 insider
Sales
$9.01M
13 sales by 3 insiders
Compensation
not trading decisions- 22
- Award — granted as compensation
- 8
- Option exercise — converted options into shares
- 9
- Tax withheld — shares kept back by the company to cover tax
Also filed: 8 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| WEBER MARK | — | $5.71M | Nov 6, 2025 |
| Bonina Diane | — | $2.51M | Aug 4, 2026 |
| REICHELDERFER BRENDA | — | $795.3K | Aug 4, 2026 |
| Maue Richard A | $221.5K | — | Mar 10, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 25, 2026 | Vaillancourt Eric A. Director | Award | 104 | $0 |
| Sep 25, 2026 | Maue Richard A Director | Award | 108 | $0 |
| Aug 4, 2026 | REICHELDERFER BRENDA Director | Gift | 7,650 | $0 |
| Aug 4, 2026 | REICHELDERFER BRENDA Director | Sale | 6,070 | $795.3K |
| Aug 4, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Sale | 100 | $13.1K |
| Aug 4, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Option exercise | 6,450 | $334.2K |
| Aug 4, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Sale | 6,350 | $828.1K |
| Aug 4, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Sale | 100 | $13.1K |
| Aug 4, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Option exercise | 8,406 | $300.9K |
| Aug 4, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Sale | 8,306 | $1.08M |
| Aug 3, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Sale | 4,408 | $567.5K |
| Jun 26, 2026 | Maue Richard A Director | Award | 99 | $0 |
| Jun 26, 2026 | Vaillancourt Eric A. Director | Award | 96 | $0 |
| May 4, 2026 | Hudson Ian A. S.V.P. & CFO | Tax withheld | 1,657 | $194.7K |
| May 4, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Tax withheld | 962 | $113.0K |
| May 4, 2026 | SHERMAN JENNIFER L President & CEO | Tax withheld | 7,695 | $904.1K |
| May 4, 2026 | WEBER MARK SVP & COO | Tax withheld | 2,278 | $267.6K |
| May 1, 2026 | SHERMAN JENNIFER L President & CEO | Tax withheld | 29,680 | $3.61M |
| May 1, 2026 | SHERMAN JENNIFER L President & CEO | Option exercise | 59,242 | $750.0K |
| Apr 21, 2026 | REICHELDERFER BRENDA Director | Award | 1,674 | $0 |
| Apr 21, 2026 | Helmkamp Katrina L Director | Award | 1,277 | $0 |
| Apr 21, 2026 | Lowe Eugene Joseph III Director | Award | 1,277 | $0 |
| Apr 21, 2026 | Maue Richard A Director | Award | 1,277 | $0 |
| Apr 21, 2026 | Patel Shashank Director | Award | 1,277 | $0 |
| Apr 21, 2026 | Vaillancourt Eric A. Director | Award | 1,277 | $0 |
| Apr 21, 2026 | Workman John L Director | Award | 1,277 | $0 |
| Mar 27, 2026 | Vaillancourt Eric A. Director | Award | 42 | $0 |
| Mar 27, 2026 | Maue Richard A Director | Award | 43 | $0 |
| Mar 10, 2026 | Maue Richard A Director | Purchase | 2,000 | $221.5K |
| Mar 4, 2026 | REICHELDERFER BRENDA Director | Gift | 215 | $0 |
| Feb 27, 2026 | WEBER MARK SVP & COO | Award | 2,577 | $0 |
| Feb 27, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Award | 1,396 | $0 |
| Feb 27, 2026 | Hudson Ian A. S.V.P. & CFO | Award | 2,416 | $0 |
| Feb 27, 2026 | SHERMAN JENNIFER L President & CEO | Award | 11,810 | $0 |
| Feb 27, 2026 | Boeschen Felix VP Strategy/Investor Relations | Award | 590 | $0 |
| Feb 26, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Award | 8,316 | $0 |
| Feb 26, 2026 | Bonina Diane VP, Gen'l Counsel & Secretary | Tax withheld | 3,718 | $437.3K |
| Feb 26, 2026 | WEBER MARK SVP & COO | Award | 22,170 | $0 |
| Feb 26, 2026 | SHERMAN JENNIFER L President & CEO | Award | 66,508 | $0 |
| Feb 26, 2026 | SHERMAN JENNIFER L President & CEO | Tax withheld | 29,455 | $3.46M |
| Feb 26, 2026 | WEBER MARK SVP & COO | Tax withheld | 9,843 | $1.16M |
| Feb 26, 2026 | Hudson Ian A. S.V.P. & CFO | Award | 14,318 | $0 |
| Feb 26, 2026 | Hudson Ian A. S.V.P. & CFO | Tax withheld | 6,376 | $750.0K |
| Dec 18, 2025 | SHERMAN JENNIFER L President & CEO | Gift | 1,805 | $0 |
| Nov 10, 2025 | Workman John L Director | Gift | 2,500 | $0 |
| Nov 6, 2025 | WEBER MARK SVP & COO | Sale | 14,042 | $1.57M |
| Nov 6, 2025 | WEBER MARK SVP & COO | Option exercise | 1,709 | $140.7K |
| Nov 6, 2025 | WEBER MARK SVP & COO | Option exercise | 2,546 | $70.8K |
| Nov 6, 2025 | WEBER MARK SVP & COO | Sale | 2,546 | $286.5K |
| Nov 6, 2025 | WEBER MARK SVP & COO | Option exercise | 15,682 | $672.1K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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