Federal Signal Corp income statement

In fiscal 2025, Federal Signal Corp reported revenue of $2.18bn, up 17.1% on the year before, operating income of $341m (a 15.6% margin) and net income of $247m, or $4.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Federal Signal Corp: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Revenue	750	633	689	803	713	779	768	708	899	1,090	1,221	1,131	1,213	1,435	1,723	1,862	2,181	2,548
Cost of revenue	557	482	533	613	537	570	542	525	677	807	899	837	925	1,090	1,273	1,329	1,549	1,807
Gross profit	193	151	155	190	176	209	226	183	221	282	323	294	289	345	450	533	631	742
Selling, general and administrative	156	130	122	137	114	120	122	120	144	159	164	149	149	172	210	234	256	288
Operating income	36	12	33	52	62	89	103	61	74	122	147	131	131	161	225	281	341	413
Interest expense	11	10	16	21	9	4	2	2	7	9	8	6	5	10	20	13	14	23
Income before tax	25	1	17	26	44	83	100	57	61	112	139	125	118	151	203	264	325	387
Income tax	5	75	4	4	−109	24	34	17	1	18	30	29	17	31	46	48	78	90
Net income	23	−176	−14	−28	160	64	64	44	62	94	109	96	101	120	157	216	247	297
Diluted EPS	$0.47	−$3.05	−$0.23	−$0.44	$2.53	$1.00	$1.00	$0.71	$1.02	$1.54	$1.76	$1.56	$1.63	$1.97	$2.56	$3.50	$4.01	$4.83
Diluted shares (average)	—	58m	62m	63m	63m	64m	63m	61m	60m	61m	62m	62m	62m	61m	62m	62m	62m	62m
EBITDA	51	24	46	65	73	100	116	80	104	158	189	176	181	216	285	347	421	508

US$ millions unless shown otherwise. Fiscal quarters.

Federal Signal Corp: income statement, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Revenue	472	464	565	555	597	626	670	656
Cost of revenue	339	333	395	394	428	446	466	466
Gross profit	133	131	170	162	169	179	204	189
Selling, general and administrative	58	60	67	61	67	72	78	70
Operating income	70	66	98	94	84	100	118	111
Interest expense	3	3	4	3	5	7	6	5
Income before tax	63	62	93	91	79	92	111	105
Income tax	13	16	22	22	18	22	25	26
Net income	50	46	71	68	61	70	86	80
Diluted EPS	$0.80	$0.75	$1.16	$1.11	$0.99	$1.14	$1.40	$1.29
EBITDA	88	84	118	114	105	124	143	137

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: FSS vs GBX FSS vs MTW FSS vs TRN FSS vs HY

More: Construction Machinery & Heavy Transportation Equipment stocks compared, Industrials sector, rankings of US companies

Figures from Federal Signal Corp's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Federal Signal Corp.