The financials
Federal Signal Corporation by the numbers
Federal Signal Corporation (FSS) reported revenue of $626M in Q1 2026 (quarter ended March 31, 2026), up 35% from the same quarter a year earlier. That came with a gross margin of 29% and net income of $70M (11% of revenue). For the full year FY2025, revenue was $2.18B (+17% year on year) and net income $247M. Its largest product in 2026-Q1 was Vehiclesandequipment at $426M, 68% of the disclosed total, just ahead of Parts at 12%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $626M | $464M | +35% |
| Gross profit | $179M | $131M | +37% |
| Operating income | $100M | $66M | +52% |
| Net income | $70M | $46M | +52% |
| Diluted EPS | $1.14 | $0.75 | +52% |
| Product | Revenue | Share |
|---|---|---|
| Vehiclesandequipment | $426M | 68% |
| Parts | $78M | 12% |
| Publicsafetyandsecurityequipment | $65M | 10% |
| Industrialsignalingequipment | $18M | 2.9% |
| Rentalincome | $17M | 2.7% |
| Other | $12M | 1.9% |
| Warningsystems | $9.4M | 1.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $625.6M (+13%)
Vehiclesandequipment grew +41% year on yearWarningsystems +2.2% year on year
Segment Latestquarter on quarteryear on year
- Vehiclesandequipment$425.9M$425.9MQoQ +20%year on year +41%+20%+41%
- Parts$77.9M$77.9MQoQ +10%year on year +30%+10%+30%
- Publicsafetyandsecurityequipment$65.2M$65.2MQoQ +14%year on year +29%+14%+29%
- Industrialsignalingequipment$18.3M$18.3MQoQ +1.7%year on year +10%+1.7%+10%
- Rentalincome$16.9M$16.9MQoQ -8.6%year on year +13%-8.6%+13%
- Other$12.0M$12.0MQoQ -43%year on year +12%-43%+12%
- Warningsystems$9.4M$9.4MQoQ -34%year on year +2.2%-34%+2.2%
Farm & Heavy Construction Machinery
Ranks #2 of 12 by Smart Score