Filing Flows › Franklin Electric (FELE) › Q3 2026 › vs Q3 2025
Franklin Electric (FELE) Q3 2026 vs Q3 2025 (year over year)
Franklin Electric's revenue rose $51.9M (+9%) from $582M in Q3 2025 to $634M in Q3 2026. The biggest changes: Distribution +$28.8M (+15%); Energy Systems +$11.7M (+15%); Water Systems +$11.4M (+4%). Gross margin 35.4% against 35.9% (-0.5 pts).
Franklin Electric, Q3 2026: revenue $634M (+9% year over year), operating margin 13.7%, net earnings $61.0M, operating cash flow $80.5M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 35.4% | 35.9% | -0.5 pts |
| Operating margin | 13.7% | 14.6% | -1.0 pts |
| Net margin | 9.6% | 3.0% | +6.7 pts |
| Free cash flow margin | 10.5% | 15.7% | -5.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Water Systems | $316M | $304M | $11.4M | +4% |
| Distribution | $226M | $197M | $28.8M | +15% |
| Energy Systems | $91.7M | $80.0M | $11.7M | +15% |
| Revenue | $634M | $582M | $51.9M | +9% |
| Gross profit | $224M | $209M | $15.3M | +7% |
| Cost of revenue | $410M | $373M | $36.6M | +10% |
| Operating profit | $86.5M | $85.1M | $1.4M | +2% |
| Operating expenses | $138M | $124M | $13.9M | +11% |
| Pre-tax earnings | $80.8M | $23.5M | $57.3M | +243% |
| Other expense, net | $5.7M | $61.6M | −$55.9M | -91% |
| Net earnings | $61.0M | $17.2M | $43.8M | +255% |
| Income tax | $19.7M | $6.3M | $13.4M | +212% |
| Depreciation & amortization | $19.2M | $16.1M | $3.1M | +19% |
| Share-based compensation | $3.3M | $2.4M | $908K | +38% |
| Working capital & other | $3.0M | −$67.0M | $70.0M | — |
| Operating cash flow | $80.5M | $103M | −$22.2M | -22% |
| Free cash flow (OCF − capex) | $66.5M | $91.3M | −$24.8M | -27% |
| Capital expenditures | $14.0M | $11.4M | $2.6M | +23% |
Questions
How much did Franklin Electric's revenue grow year over year in Q3 2026?
Franklin Electric's revenue rose $51.9M (+9%) from $582M in Q3 2025 to $634M in Q3 2026.
What drove Franklin Electric's revenue change in Q3 2026?
Distribution +$28.8M (+15%); Energy Systems +$11.7M (+15%); Water Systems +$11.4M (+4%).