Federal Signal (FSS) Cost of Revenue (2010 - 2026)
Federal Signal (FSS) recorded Cost of Revenue of $466.3 million in Q3 2026, up 18.5% from $393.5 million a year earlier and unchanged from the prior quarter.
Federal Signal (FSS) Cost of Revenue (2010 - 2026) Analysis & Trends
On a TTM basis, Federal Signal's Cost of Revenue came in at $1.81 billion as of Sep 30, 2026, up 23.7% year-over-year; for FY2025, it was $1.55 billion, up 16.6% from FY2024.
- Annual Cost of Revenue has increased for five straight years, with a five-year compound annual growth rate of 13.1% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $1.33 billion in FY2024 (+4.4%), $1.27 billion in FY2023 (+16.8%), $1.09 billion in FY2022 (+17.9%) and $924.5 million in FY2021 (+10.4%).
- Quarterly Cost of Revenue has ranged from $234 million in Q4 2021 to $466.4 million in Q2 2026 over the past five years.
- On a year-over-year basis, Cost of Revenue has increased for 22 consecutive quarters, with growth averaging 17.4% over the last eight quarters.
- The year-over-year growth in Cost of Revenue has ranged between 1.6% (Q3 2024) and 34.0% (Q1 2026) over the last five years.
- Per Business Quant, the preceding three quarters came in at $466.4 million (Q2 2026), $446.2 million (Q1 2026) and $427.8 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 13.33 Bn |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 6.21 Bn |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 7.95 Bn |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 5.84 Bn |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 3.73 Bn |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 3.80 Bn |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 2.22 Bn |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 2.33 Bn |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 2.67 Bn |
| 10 | Federal Signal | 6.90 Bn | 6.63 Bn | 189.20 Mn | 466.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 466.30 Mn |
| Jun 30, 2026 | 466.40 Mn |
| Mar 31, 2026 | 446.20 Mn |
| Dec 31, 2025 | 427.80 Mn |
| Sep 30, 2025 | 393.50 Mn |
| Jun 30, 2025 | 395.00 Mn |
| Mar 31, 2025 | 333.00 Mn |
| Dec 31, 2024 | 339.40 Mn |
| Sep 30, 2024 | 333.80 Mn |
| Jun 30, 2024 | 346.40 Mn |
| Mar 31, 2024 | 308.90 Mn |
| Dec 31, 2023 | 329.00 Mn |
| Sep 30, 2023 | 328.70 Mn |
| Jun 30, 2023 | 325.10 Mn |
| Mar 31, 2023 | 289.70 Mn |
| Dec 31, 2022 | 294.90 Mn |
| Sep 30, 2022 | 263.60 Mn |
| Jun 30, 2022 | 276.90 Mn |
| Mar 31, 2022 | 254.50 Mn |
| Dec 31, 2021 | 234.00 Mn |
Federal Signal Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FSS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FSS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FSS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();