Filing Flows › Federal Signal (FSS) › Q3 2026
Federal Signal (FSS) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
Federal Signal (FSS) reported revenue of $656M for the third quarter 2026 (Q3 2026), +18% from a year earlier and -2% from the quarter before. Operating margin was 17.0%, net earnings $79.6M (12.1% of revenue).
Federal Signal, Q3 2026: revenue $656M (+18% year over year), operating margin 17.0%, net earnings $79.6M, operating cash flow $91.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $656M | -2% | +18% |
| Gross profit | $189M | -7% | +17% |
| Operating profit | $111M | -6% | +19% |
| Net earnings | $79.6M | -8% | +17% |
| Operating cash flow | $91.4M | -19% | +50% |
| Free cash flow | $80.0M | -21% | +48% |
What changed
Revenue was $655.5M in Q3 2026, up 18% year over year and down 2% from the previous quarter. Environmental Solutions was the largest line at 86% of revenue. Environmental Solutions added $98.3M year over year (up 21%), 98% of the total change.
Gross margin was 28.9%, down 0.2 points from Q3 2025. Operating profit was $111.4M, a 17.0% margin (up 0.1 points year over year). Of the extra revenue versus Q3 2025, 17% reached operating profit, above the 17% margin then. Operating expenses grew 15% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+31%). Net earnings were $79.6M, up 17% year over year. The effective tax rate was 24.3%.
Operating cash flow was $91.4M (up 50% year over year), 115% of net earnings. Non-cash charges added back $25.3M of depreciation and amortization and $3.9M of share-based compensation. Working capital and other items used $17.4M. Capital expenditures of $11.4M left free cash flow of $80.0M.
Questions
What was Federal Signal's revenue in the third quarter 2026?
Federal Signal (FSS) reported revenue of $656M for the third quarter 2026 (Q3 2026), +18% from a year earlier and -2% from the quarter before.
Was Federal Signal profitable in the third quarter 2026?
Operating profit was $111M (17.0% of revenue) and net earnings $79.6M.
Source: Federal Signal 10-Q on SEC EDGAR.