FELEFranklin Electric Co., Inc.

$97.75+3.4% 1Y

The financials

Franklin Electric Co., Inc. by the numbers

Franklin Electric Co., Inc. (FELE) reported revenue of $500M in Q1 2026 (quarter ended Mar 31, 2026), up 9.9% from the same quarter a year earlier. That came with a gross margin of 35% and net income of $34M (6.9% of revenue). For the full year FY2025, revenue was $2.13B (+5.4% year on year) and net income $147M. Its largest segment in Jun 2026 was Water Systems at $322M, 52% of the disclosed total, ahead of Distribution at 35%. The next results filing is expected around Oct 27, 2026, the same week as a year ago.

Franklin Electric Co., Inc. income statement, Q1 2026 against the same quarter a year earlier
Income statementQ1 2026Q1 2025Change
Revenue$500M$455M+9.9%
Gross profit$175M$164M+6.8%
Operating income$48M$44M+9.0%
Net income$34M$31M+11%
Diluted EPS$0.77$0.67+15%
Revenue by segment, Jun 2026, as reported to the SEC
OperatingRevenueShare
Water Systems$322M52%
Distribution$221M35%
Energy Systems$80M13%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Jun 2026Total $622.9M (+24%)
Distribution grew +11% year on yearEnergy Systems +3.5% year on year
  • Water Systems$321.6Mquarter on quarter +16%year on year +3.8%
  • Distribution$221.1Mquarter on quarter +47%year on year +11%
  • Energy Systems$80.2Mquarter on quarter +12%year on year +3.5%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Jul 29, 2026, SEC EDGAR