Filing Flows › Franklin Electric (FELE) › Q3 2026
Franklin Electric (FELE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Franklin Electric (FELE) reported revenue of $634M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +2% from the quarter before. Operating margin was 13.7%, net earnings $61.0M (9.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $634M | +2% | +9% |
| Gross profit | $224M | -3% | +7% |
| Operating profit | $86.5M | -8% | +2% |
| Net earnings | $61.0M | -8% | +255% |
| Operating cash flow | $80.5M | -19% | -22% |
| Free cash flow | $66.5M | -25% | -27% |
What changed
Revenue was $633.6M in Q3 2026, up 9% year over year and up 2% from the previous quarter. Water Systems was the largest line at 50% of revenue. Distribution added $28.8M year over year (up 15%), 55% of the total change.
Gross margin was 35.4%, down 0.5 points from Q3 2025. Operating profit was $86.5M, a 13.7% margin (down 1.0 points year over year). Of the extra revenue versus Q3 2025, 3% reached operating profit, below the 15% margin then. Operating expenses grew 11% against revenue growth of 9%. Net earnings were $60.6M, up 262% year over year. The effective tax rate was 24.4%.
Operating cash flow was $80.5M (down 22% year over year), 132% of net earnings. Non-cash charges added back $19.2M of depreciation and amortization and $3.3M of share-based compensation. Capital expenditures of $14.0M left free cash flow of $66.5M.
Questions
What was Franklin Electric's revenue in the third quarter 2026?
Franklin Electric (FELE) reported revenue of $634M for the third quarter 2026 (Q3 2026), +9% from a year earlier and +2% from the quarter before.
Was Franklin Electric profitable in the third quarter 2026?
Operating profit was $86.5M (13.7% of revenue) and net earnings $61.0M.
Source: Franklin Electric 10-Q on SEC EDGAR.