AI-extracted from the 10-Q filed 2026-07-29 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Franklin Electric reported Q2 2026 net sales of $622.9M (+6% YoY) and diluted EPS of $1.46 (+11% YoY), driven by acquisitions, pricing gains, and favorable FX, despite a $4.5M legal settlement charge.
Higher sales volumes, price realization, and incremental impact from Benson Pump acquisition
Energy Systems$80.2M+3% YoY
Higher sales volumes and price realization
Largest Expense Items
Cost of sales$392.3M+4% YoY
Volume increases partially offset by tariff refunds in Q2 2026
Selling, general, and administrative expenses$132.1M+7% YoY
Incremental expense impact from recent acquisitions (Wood Brothers, Benson Pump)
Interest expense$3.5M+26% YoY
Higher average outstanding debt
Margins: Gross profit margin improved to 37.0% in Q2 2026 from 36.1% in Q2 2025, benefited by tariff refunds, though first-half margin of 36.1% was pressured by unfavorable product and geographic mix shifts. SG&A ratio increased to 21.2% from 21.0% due to acquisition overhead.
Watch Items from the Filing
$4.5M legal settlement accrued in Q2 2026 for Esso litigation in France; settlement subject to court approval in Q3 2026
Water Systems reported 10% decline in large dewatering equipment sales in Q2 and H1 2026 vs. prior year
Company executing tariff mitigation strategy amid ongoing U.S.-China trade disputes; extent and duration uncertain
Two acquisitions completed in first half 2026 (Wood Brothers $49.9M, Benson Pump $21.7M) contributing $15M incremental Q2 sales; integration ongoing
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Grizzle VictorDirectorGrant or award · May 8, 2026
About FRANKLIN ELECTRIC CO INC (FELE): stock profile, AI score and financials
FRANKLIN ELECTRIC CO INC (FELE) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores FELE at 55.8/100 on a composite quality score built from its SEC filings, placing it at rank #1,203 of 2,925 stocks — the top half of the AI-ranked universe. FELE scores in the top quartile across balance sheet strength (78.8). Based on the latest XBRL financial filings (Q2 2026), FRANKLIN ELECTRIC CO INC reports quarterly revenue of $622.9M, net income of $65.7M, an operating margin of 15.0%. Top institutional holders of FELE by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, STATE STREET, based on the most recent SEC filings. FELE trades on the Nasdaq exchange and files with the SEC under CIK 38725. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FELE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FRANKLIN ELECTRIC CO INC directly from SEC EDGAR.