AI-extracted from the 10-Q filed 2026-07-30 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net sales rose 19% to $670.2M on acquisitions and pricing, lifting operating margin to 17.6% and diluted EPS to $1.40, while backlog fell to $1.00B from $1.08B.
Biggest Revenue Drivers
Environmental Solutions$577.7M+20% YoY
Increases in other specialty equipment of $47.7M, aftermarket offerings of $28.4M, vacuum trucks of $10.7M, and dump truck bodies and trailers of $10.5M
Safety and Security Systems$92.5M+10% YoY
Primarily improvements in public safety equipment of $7.5M and industrial signaling equipment of $0.9M
Biggest Revenue Drivers
Total revenue: $670.2M+19% YoY
Environmental Solutions$577.7M+20% YoY
Increases in other specialty equipment of $47.7M, aftermarket offerings of $28.4M, vacuum trucks of $10.7M, and dump truck bodies and trailers of $10.5M
Within Environmental Solutions
Vehicles and equipment$449.8M
Includes sales of new and used vehicles and equipment, including sales of rental equipment
Parts$88.6M
Aftermarket parts sales within the segment's comprehensive aftermarket offering
Safety and Security Systems$92.5M+10% YoY
Primarily improvements in public safety equipment of $7.5M and industrial signaling equipment of $0.9M
Within Safety and Security Systems
Public safety and security equipment$60.6M
U.S. public safety equipment sales increased $8.1M, partially offset by a $0.6M non-U.S. decline
Largest Expense Items
Cost of sales$466.4M+18% YoY
Addition of cost of sales from recent acquisitions and higher material costs, plus higher Safety and Security volumes
Selling, engineering, general and administrative$78.3M+17% YoY
Acquired SEG&A, higher employee-related costs, marketing expenses, and a $2.0M increase in Corporate SEG&A
Amortization expense$6.6M+$2.1M YoY
Reflects intangibles from the New Way and Mega acquisitions
Interest expense, net$6.0M+$2.5M YoY
Largely due to higher average debt levels
Margins: Gross margin was 30.4% versus 30.0%, as a 90bp Environmental Solutions gain on mix, production efficiencies and pricing outweighed a 160bp Safety and Security decline. Operating margin rose to 17.6% from 17.3%.
Watch Items from the Filing
Consolidated backlog fell to $1.00B at June 30, 2026 from $1.08B a year earlier; Environmental Solutions backlog $934.8M versus $1,000.3M.
Safety and Security Systems orders fell 10% to $88.9M, with non-U.S. orders down $4.3M on a $6.5M drop in public safety equipment orders.
Contingent earn-outs of up to $54.0M (New Way) and $4.8M (Standard) remain outstanding; a $13M New Way closing adjustment was accrued and settled in Q3 2026.
Debt totals $452.7M under the 2025 Credit Agreement ($400.0M term loan, $52.7M revolver); no interest rate swaps outstanding, leaving borrowings floating-rate.
Management has not yet assessed internal controls over financial reporting at Mega, New Way, or Kinloch as of June 30, 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Patel ShashankDirectorGrant or award · Apr 21, 2026
Congress trading in FSS
4 transactions in FSS reported by 2 members of Congress under the STOCK Act, most recent trade Sep 21, 2026. Reported transactions, not recommendations.
About FEDERAL SIGNAL CORP /DE/ (FSS): stock profile, AI score and financials
FEDERAL SIGNAL CORP /DE/ (FSS) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores FSS at 68.6/100 on a composite quality score built from its SEC filings, placing it at rank #297 of 2,925 stocks — the top 25% of the AI-ranked universe. FSS scores in the top quartile across balance sheet strength (90.6), revenue growth (75.5). Based on the latest XBRL financial filings (Q2 2026), FEDERAL SIGNAL CORP /DE/ reports quarterly revenue of $670.2M, net income of $86.1M, an operating margin of 17.6%. Top institutional holders of FSS by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. FSS trades on the NYSE exchange and files with the SEC under CIK 277509. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FSS 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 FEDERAL SIGNAL CORP /DE/ directly from SEC EDGAR.