| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 622.88 | 24.5% | 6.0% |
| Total Income | 622.88 | 24.5% | 6.0% |
| Expenditure | 529.28 | 17.0% | 6.0% |
| PBT | 88.92 | 94.2% | 10.3% |
| Net Profit | 65.74 | 91.5% | 9.3% |
| OPM | 15.03% | 5.42pp | 0.02pp |
| NPM | 10.55% | 3.69pp | 0.32pp |
| EPS | 1.48 | 92.2% | 12.1% |
Franklin Electric Reports Strong Q2 2026 Results with 6% Net Sales Growth
28 Jul 2026 · 28 Jul, 5:32 pm
Summary
Franklin Electric reported a strong second quarter of 2026, with consolidated net sales increasing by 6% year-over-year to $622.9 million. This growth was broad-based, with all three business segments contributing positively. Operating income rose by 6% to $93.6 million, maintaining a 15.0% operating margin. The company highlighted an 18% increase in adjusted diluted EPS to $1.55, driven by organic volume growth initiatives and strategic investments. Based on this performance, Franklin Electric is raising its full-year 2026 guidance for both revenue and adjusted diluted EPS.
Key Highlights
- 1
Consolidated net sales for the second quarter of 2026 reached $622.9 million, marking a 6% increase compared to the prior year.
- 2
Net sales saw growth across all three segments, with Water Systems up 5%, Energy Systems up 3%, and Distribution up 11%.
- 3
Operating income for the second quarter of 2026 was $93.6 million, a 6% increase year-over-year, maintaining an operating margin of 15.0%.
- 4
GAAP diluted earnings per share (EPS) was $1.46, an increase of 11 percent, while adjusted diluted EPS grew by 18 percent to $1.55.
- 5
The company is raising its full-year 2026 guidance for net sales to be in the range of $2.21 billion to $2.29 billion.
- 6
Full-year 2026 Adjusted Diluted EPS guidance is also increased to a range of $4.50 to $4.70.
Management Comments
Joe Ruzynski
In the second quarter, we delivered 6 percent year‑over‑year top‑line growth, balanced between organic and inorganic contributions, along with 18 percent growth in adjusted EPS. With this strong performance and continued momentum in our core businesses, we are increasing both our revenue and EPS guidance for the year. These results reflect the progress of our organic volume growth initiatives — adding new customers, strengthening our channels, and investing in innovation across the highest‑growth applications in the Water and Energy segments. We’re seeing solid demand in areas such as dewatering for mining, pressure‑boosting, and water treatment solutions in fast‑growing regions. At the same time, we continue to manage closely the inflationary price pressures we’re seeing in sourced materials and logistics lanes. Our global footprint and in‑region manufacturing model help us serve critical water and energy needs reliably while maintaining the operational discipline that supports profitable growth and long-term value for our shareholders.
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