Quarterly ResultApr 29, 2026, 03:26 PM
FSS Q1 Net Sales +34.9% to $625.6M; EPS $1.14, +52.0%
AI Summary
FEDERAL SIGNAL CORP /DE/ reported strong first-quarter 2026 results, with net sales increasing 34.9% to $625.6 million and diluted EPS rising 52.0% to $1.14. Net income grew 52.0% to $70.4 million. The company completed the acquisition of Mega for $45 million in January 2026 and continued to integrate the New Way acquisition from late 2025, contributing to growth.
Key Highlights
- Acquisition of Mega completed January 16, 2026, for $45 million.
- Net sales increased 34.9% to $625.6 million in Q1 2026.
- Net income rose 52.0% to $70.4 million in Q1 2026.
- Diluted EPS grew 52.0% to $1.14 in Q1 2026.
- Environmental Solutions Group net sales increased 37.5% to $532.7 million.
- Safety and Security Systems Group net sales increased 21.6% to $92.9 million.
- Net cash provided by operating activities was $101.3 million.
- Paid $15.0 million contingent consideration for Hog Technologies acquisition.