Filing Flows › Franklin Electric (FELE) › Q1 2026
Franklin Electric (FELE) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Franklin Electric (FELE) reported revenue of $500M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -1% from the quarter before. Operating margin was 9.6%, net earnings $34.7M (6.9% of revenue).
Franklin Electric, Q1 2026: revenue $500M (+10% year over year), operating margin 9.6%, net earnings $34.7M, operating cash flow −$40.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $500M | -1% | +10% |
| Gross profit | $175M | +2% | +7% |
| Operating profit | $48.1M | -7% | +9% |
| Net earnings | $34.7M | -12% | +11% |
| Operating cash flow | −$40.9M | -139% | — |
What changed
Revenue was $500.4M in Q1 2026, up 10% year over year and down 1% from the previous quarter.
Gross margin was 35.0%, down 1.0 points from Q1 2025. Operating profit was $48.1M, a 9.6% margin (down 0.1 points year over year). Of the extra revenue versus Q1 2025, 9% reached operating profit, below the 10% margin then. Operating expenses grew 6% against revenue growth of 10%. Net earnings were $34.3M, up 11% year over year. The effective tax rate was 24.2%.
Operating cash flow was −$40.9M. Non-cash charges added back $16.5M of depreciation and amortization and $3.6M of share-based compensation. Working capital and other items used $95.7M. Capital expenditures of $9.5M exceeded it, leaving free cash flow of −$50.4M.
Questions
What was Franklin Electric's revenue in the first quarter 2026?
Franklin Electric (FELE) reported revenue of $500M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -1% from the quarter before.
Was Franklin Electric profitable in the first quarter 2026?
Operating profit was $48.1M (9.6% of revenue) and net earnings $34.7M.
Source: Franklin Electric 10-Q on SEC EDGAR.