Every 10-Q that Federal Signal Corp. (FSS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FSS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FSS filings page.
Federal Signal Corporation reported net sales of $670.2 million for the quarter ended June 30, 2026, up 19% from $564.6 million a year earlier. Net income rose to $86.1 million from $71.4 million, with diluted EPS increasing to $1.40 from $1.16. Operating income reached $118.2 million and operating margin was 17.6%, driven mainly by the Environmental Solutions Group, which grew sales 20% to $577.7 million; Safety and Security Systems sales increased 10% to $92.5 million.
For the first six months of 2026, net sales were $1,295.8 million, up 26%, and net income was $156.5 million compared with $117.7 million in the prior-year period. Net cash provided by operating activities increased to $214.2 million from $96.4 million, supporting a decrease in long-term borrowings and finance lease obligations to $448.2 million from $564.6 million. The company invested in acquisitions, including the $45.0 million Mega Equipment transaction and a subsequent $9.2 million Western Technology asset acquisition. Total orders were $636.7 million in the quarter and $1,259.5 million year-to-date, with backlog at $1,002.1 million as of June 30, 2026. The Board maintained a quarterly dividend of $0.15 per share and executed modest share repurchases, leaving approximately $157 million available under existing authorizations.
Federal Signal Corporation delivered strong growth in Q1 2026. Net sales rose to $625.6 million from $463.8 million, driven by higher volumes, recent acquisitions, and pricing. Net income increased to $70.4 million from $46.3 million, with diluted EPS up to $1.14 from $0.75.
The Environmental Solutions Group grew net sales 38% to $532.7 million, helped by refuse trucks from the New Way acquisition and metal extraction equipment from the Mega acquisition. Safety and Security Systems net sales rose 22% to $92.9 million, supported by public safety and industrial signaling products.
Operating margin improved to 15.9% from 14.2%. Operating cash flow strengthened to $101.3 million, supporting a $45 million purchase of Mega, $9.2 million of dividends, and reduced revolver borrowings. Backlog remained high at $1.04 billion, with Q1 orders of $622.8 million, up 10% year over year.
Federal Signal (FSS) reported stronger Q3 results. Net sales were $555.0 million, up from $474.2 million a year ago, with net income of $68.1 million versus $53.9 million. Diluted EPS rose to $1.11 from $0.87. Operating income increased to $94.0 million from $75.9 million, reflecting solid execution across segments.
For the nine months, net sales reached $1,583.4 million (from $1,389.5 million) and net income was $185.8 million (from $166.3 million). Environmental Solutions delivered $465.5 million in Q3 sales with $85.3 million of segment operating income; Safety & Security posted $89.5 million sales and $21.9 million segment operating income.
Cash from operations was $157.5 million year-to-date. The company repurchased $39.7 million of stock and paid $25.6 million in dividends. It acquired Hog for initial cash of about $82.1 million (total consideration $96.5 million), which contributed $46.3 million of sales and $7.1 million of operating income post-close. FSS signed an agreement to acquire New Way for $396.0 million plus $30.0 million for facilities, with up to $54.0 million in earn-out, subject to closing conditions. Shares outstanding were 60,808,577 as of September 30, 2025.
Federal Signal (FSS) Q2 2025 (Form 10-Q) shows solid, broad-based growth.
- Net sales rose 15.1% YoY to $564.6 m, led by 17.6% growth in Environmental Solutions; Safety & Security added 3.1%.
- Gross profit increased 17.8% to $169.6 m, expanding margin 60 bp to 30.0%.
- Operating income up 20.5% to $97.7 m; operating margin 17.3% (+80 bp).
- Net income climbed 17.4% to $71.4 m; diluted EPS $1.16 (vs $0.99).
- Six-month revenue grew 12.4% to $1.03 bn; diluted EPS $1.91, held back by a higher 24.3% tax rate.
- Operating cash flow strengthened to $96.4 m (+34%), funding the $82.1 m cash acquisition of Hog Technologies and $39.9 m in share repurchases. New $150 m authorization pushes remaining buyback capacity to ~$157 m.
- Debt rose to $269.0 m (up $45 m); cash fell to $64.7 m, but $514.5 m of revolving availability provides ample liquidity.
- Quarterly dividend lifted to $0.14; $17.1 m paid YTD.
Management expects the Hog deal to widen the Environmental Solutions portfolio; integration costs were modest at $0.5 m. All debt covenants remain in compliance and no material legal matters were noted.