Federal Signal Corporation (FSS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 625.6M | 597.1M | 555M | 564.6M | 463.8M | 472M | 474.2M | 490.4M | 424.9M | 448.4M | 446.4M | 442.4M | 385.5M | 391.5M | 346.4M | 366.7M | 330.2M | 301.4M | 298.3M | 334.7M |
| Revenue Growth % | 34.89% | 26.5% | 17.04% | 15.13% | 9.16% | 5.26% | 6.23% | 10.85% | 10.22% | 14.53% | 28.87% | 20.64% | 16.75% | 29.89% | 16.12% | 9.56% | 18.44% | 2.24% | 6.61% | 23.92% |
| Cost of Goods Sold | 450.7M | 432.9M | 398M | 395M | 333M | 339.4M | 333.8M | 346.4M | 308.9M | 329M | 328.7M | 325.1M | 289.7M | 294.9M | 263.6M | 276.9M | 254.5M | 234M | 227.4M | 253.1M |
| COGS % of Revenue | 72.04% | 72.5% | 71.71% | 69.96% | 71.8% | 71.91% | 70.39% | 70.64% | 72.7% | 73.37% | 73.63% | 73.49% | 75.15% | 75.33% | 76.1% | 75.51% | 77.07% | 77.64% | 76.23% | 75.62% |
| Gross Profit | 174.9M | 164.2M | 157M | 169.6M | 130.8M | 132.6M | 140.4M | 144M | 116M | 119.4M | 117.7M | 117.3M | 95.8M | 96.6M | 82.8M | 89.8M | 75.7M | 67.4M | 70.9M | 81.6M |
| Gross Margin % | 27.96% | 27.5% | 28.29% | 30.04% | 28.2% | 28.09% | 29.61% | 29.36% | 27.3% | 26.63% | 26.37% | 26.51% | 24.85% | 24.67% | 23.9% | 24.49% | 22.93% | 22.36% | 23.77% | 24.38% |
| Gross Profit Growth % | 33.72% | 23.83% | 11.82% | 17.78% | 12.76% | 11.06% | 19.29% | 22.76% | 21.09% | 23.6% | 42.15% | 30.62% | 26.55% | 43.32% | 16.78% | 10.05% | 10.03% | -11.2% | -2.34% | 16.07% |
| Operating Expenses | 74M | 67.4M | 61.4M | 71.9M | 65.1M | 62.5M | 64.5M | 62.9M | 61.7M | 56.3M | 55.2M | 57.9M | 56.3M | 50M | 43.3M | 43.6M | 47.2M | 37.3M | 36.6M | 43.1M |
| OpEx % of Revenue | 11.83% | 11.29% | 11.06% | 12.73% | 14.04% | 13.24% | 13.6% | 12.83% | 14.52% | 12.56% | 12.37% | 13.09% | 14.6% | 12.77% | 12.5% | 11.89% | 14.29% | 12.38% | 12.27% | 12.88% |
| Selling, General & Admin | 72M | 67.4M | 61.4M | 66.9M | 60.2M | 62.2M | 60.1M | 58.3M | 57.2M | 54.1M | 50.6M | 53.4M | 52M | 46.2M | 39.8M | 42.1M | 43.6M | 39.7M | 33.4M | 40M |
| SG&A % of Revenue | 11.51% | 11.29% | 11.06% | 11.85% | 12.98% | 13.18% | 12.67% | 11.89% | 13.46% | 12.07% | 11.34% | 12.07% | 13.49% | 11.8% | 11.49% | 11.48% | 13.2% | 13.17% | 11.2% | 11.95% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 0 | 0 | 1000K | 1000K | 300K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K |
| Operating Income | 100.9M | 96.8M | 95.6M | 97.7M | 65.7M | 70.1M | 75.9M | 81.1M | 54.3M | 63.1M | 62.5M | 59.4M | 39.5M | 46.6M | 39.5M | 46.2M | 28.5M | 30.1M | 34.3M | 38.5M |
| Operating Margin % | 16.13% | 16.21% | 17.23% | 17.3% | 14.17% | 14.85% | 16.01% | 16.54% | 12.78% | 14.07% | 14% | 13.43% | 10.25% | 11.9% | 11.4% | 12.6% | 8.63% | 9.99% | 11.5% | 11.5% |
| Operating Income Growth % | 53.58% | 38.09% | 25.96% | 20.47% | 20.99% | 11.09% | 21.44% | 36.53% | 37.47% | 35.41% | 58.23% | 28.57% | 38.6% | 54.82% | 15.16% | 20% | 2.52% | -10.95% | 0.88% | 23% |
| EBITDA | 124.7M | 118.4M | 115.9M | 117.6M | 84.4M | 87.7M | 92.4M | 96.9M | 69.7M | 78.4M | 77.8M | 74.9M | 53.8M | 60.6M | 53.1M | 59.9M | 41.9M | 43M | 47M | 51.1M |
| EBITDA Margin % | 19.93% | 19.83% | 20.88% | 20.83% | 18.2% | 18.58% | 19.49% | 19.76% | 16.4% | 17.48% | 17.43% | 16.93% | 13.96% | 15.48% | 15.33% | 16.33% | 12.69% | 14.27% | 15.76% | 15.27% |
| EBITDA Growth % | 47.75% | 35.01% | 25.43% | 21.36% | 21.09% | 11.86% | 18.77% | 29.37% | 29.55% | 29.37% | 46.52% | 25.04% | 28.4% | 40.93% | 12.98% | 17.22% | 4.75% | -5.49% | 3.98% | 20.52% |
| D&A (Non-Cash Add-back) | 23.8M | 21.6M | 20.3M | 19.9M | 18.7M | 17.6M | 16.5M | 15.8M | 15.4M | 15.3M | 15.3M | 15.5M | 14.3M | 14M | 13.6M | 13.7M | 13.4M | 12.9M | 12.7M | 12.6M |
| EBIT | 100.9M | 83.4M | 93.3M | 96.9M | 65M | 66M | 75.6M | 80.7M | 54.1M | 62.8M | 62.2M | 58.3M | 39.4M | 46.4M | 39.4M | 46.5M | 28.9M | 20.4M | 34.6M | 38.8M |
| Net Interest Income | -6.9M | -4.8M | -2.8M | -3.5M | -3M | -3.1M | -3M | -3.2M | -3.2M | -4.3M | -5.1M | -5.6M | -4.7M | -4.4M | -2.7M | -1.9M | -1.3M | -1.2M | -1.1M | -1.1M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 6.9M | 4.8M | 2.8M | 3.5M | 3M | 3.1M | 3M | 3.2M | 3.2M | 4.3M | 5.1M | 5.6M | 4.7M | 4.4M | 2.7M | 1.9M | 1.3M | 1.2M | 1.1M | 1.1M |
| Other Income/Expense | -8.7M | -18.2M | -5.1M | -4.3M | -3.7M | -7.2M | -3.3M | -3.6M | -3.4M | -4.6M | -5.4M | -6.7M | -4.8M | -4.6M | -2.8M | -1.6M | -900K | -10.9M | -800K | -800K |
| Pretax Income | 92.2M | 78.6M | 90.5M | 93.4M | 62M | 62.9M | 72.6M | 77.5M | 50.9M | 58.5M | 57.1M | 52.7M | 34.7M | 42M | 36.7M | 44.6M | 27.6M | 19.2M | 33.5M | 37.7M |
| Pretax Margin % | 14.74% | 13.16% | 16.31% | 16.54% | 13.37% | 13.33% | 15.31% | 15.8% | 11.98% | 13.05% | 12.79% | 11.91% | 9% | 10.73% | 10.59% | 12.16% | 8.36% | 6.37% | 11.23% | 11.26% |
| Income Tax | 21.8M | 17.8M | 22.4M | 22M | 15.7M | 12.9M | 18.7M | 16.7M | -700K | 12.1M | 13.8M | 12.4M | 7.3M | 7.4M | 4.9M | 11.1M | 7.1M | -300K | 4.3M | 8M |
| Effective Tax Rate % | 23.64% | 22.65% | 24.75% | 23.55% | 25.32% | 20.51% | 25.76% | 21.55% | -1.38% | 20.68% | 24.17% | 23.53% | 21.04% | 17.62% | 13.35% | 24.89% | 25.72% | -1.56% | 12.84% | 21.22% |
| Net Income | 70.4M | 60.8M | 68.1M | 71.4M | 46.3M | 50M | 53.9M | 60.8M | 51.6M | 46.4M | 43.3M | 40.3M | 27.4M | 34.6M | 31.8M | 33.5M | 20.5M | 19.5M | 29.2M | 29.7M |
| Net Margin % | 11.25% | 10.18% | 12.27% | 12.65% | 9.98% | 10.59% | 11.37% | 12.4% | 12.14% | 10.35% | 9.7% | 9.11% | 7.11% | 8.84% | 9.18% | 9.14% | 6.21% | 6.47% | 9.79% | 8.87% |
| Net Income Growth % | 52.05% | 21.6% | 26.35% | 17.43% | -10.27% | 7.76% | 24.48% | 50.87% | 88.32% | 34.1% | 36.16% | 20.3% | 33.66% | 77.44% | 8.9% | 12.79% | -7.66% | -25.29% | 15.42% | 38.78% |
| Net Income (Continuing) | 70.4M | 60.8M | 68.1M | 71.4M | 46.3M | 50M | 53.9M | 60.8M | 51.6M | 46.4M | 43.3M | 40.3M | 27.4M | 34.6M | 31.8M | 33.5M | 20.5M | 19.5M | 29.2M | 29.7M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.14 | 0.99 | 1.11 | 1.16 | 0.75 | 0.81 | 0.87 | 0.99 | 0.84 | 0.75 | 0.71 | 0.66 | 0.45 | 0.57 | 0.52 | 0.55 | 0.33 | 0.31 | 0.47 | 0.48 |
| EPS Growth % | 52% | 22.22% | 27.59% | 17.17% | -10.71% | 8% | 22.54% | 50% | 86.67% | 31.58% | 36.54% | 20% | 36.36% | 83.87% | 10.64% | 14.58% | -8.33% | -27.91% | 14.63% | 37.14% |
| EPS (Basic) | 1.16 | 1.00 | 1.12 | 1.18 | 0.76 | 0.82 | 0.88 | 1.00 | 0.85 | 0.76 | 0.71 | 0.66 | 0.45 | 0.57 | 0.53 | 0.55 | 0.34 | 0.31 | 0.48 | 0.49 |
| Diluted Shares Outstanding | 61.5M | 61.5M | 61.4M | 61.3M | 61.8M | 61.9M | 61.7M | 61.7M | 61.6M | 61.6M | 61.4M | 61.4M | 61.3M | 61.2M | 61M | 60.9M | 61.4M | 61.7M | 61.7M | 61.8M |
| Basic Shares Outstanding | 60.9M | 60.8M | 60.7M | 60.6M | 61.1M | 60.9M | 61M | 61M | 60.9M | 60.8M | 60.8M | 60.7M | 60.7M | 60.5M | 60.4M | 60.4M | 60.7M | 60.9M | 60.9M | 60.9M |
| Dividend Payout Ratio | 13.07% | 13.98% | 12.48% | 11.9% | 18.57% | 14.6% | 13.54% | 12.17% | 14.15% | 13.15% | 14.09% | 15.14% | 20.07% | 15.61% | 17.3% | 16.12% | 26.83% | 28.21% | 18.84% | 18.52% |