Federal Signal (FSS) Gross Margin (2010 - 2026)
Federal Signal (FSS) posted quarterly Gross Margin of 30.41% for Q2 2026, up 37.0% year-over-year from 22.2% in Q2 2025, and up 6.04% quarter-over-quarter from 28.68% in Q1 2026.
Federal Signal (FSS) Gross Margin (2010 - 2026) Analysis & Trends
Federal Signal (FSS) has reported Gross Margin for 17 consecutive years, with 30.41% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 37.0% year-over-year to 30.41%; the TTM figure through Jun 2026 stood at 214.41% (up 18538.0% YoY), while the FY2025 annual figure was 962.2%, up 93356.0% from the prior year.
- Gross Margin rose to 30.41% in Q2 2026 per FSS's latest filing, from 28.68% in the prior quarter.
- Across five years, Gross Margin topped out at 30.41% in Q2 2026 and bottomed at 11.15% in Q4 2025.
- Historically, Gross Margin has averaged 25.0% across 5 years, with a median of 26.96% in 2023.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 324 bps — and 2025, when it sank 3925 bps.
- Federal Signal's Gross Margin stood at 24.67% in 2022, then rose by 8 bps to 26.63% in 2023, then advanced by 6 bps to 28.09% in 2024, then sank by 140 bps to 11.15% in 2025, then surged by 373 bps to 30.41% in 2026.
- Business Quant data shows FSS's Gross Margin at 30.41% in Q2 2026, 28.68% in Q1 2026, and 11.15% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veralto | 24.35 Bn | 22.23 Bn | 902.00 Mn | 61.19% |
| 2 | Zurn Elkay Water Solutions | 8.16 Bn | 7.80 Bn | 288.30 Mn | 58.72% |
| 3 | Federal Signal | 7.42 Bn | 7.35 Bn | 203.80 Mn | 30.41% |
| 4 | Ceco Environmental | 3.17 Bn | 3.11 Bn | 86.47 Mn | 30.34% |
| 5 | PureCycle Technologies | 1.24 Bn | 1.24 Bn | - | - |
| 6 | Aduro Clean Technologies | 521.85 Mn | 493.18 Mn | - | - |
| 7 | Energy Recovery | 398.07 Mn | 305.01 Mn | 8.96 Mn | 74.67% |
| 8 | Arq | 94.31 Mn | 93.40 Mn | 11.51 Mn | 38.52% |
| 9 | Fuel Tech | 43.03 Mn | 23.42 Mn | 2.68 Mn | 41.25% |
| 10 | CleanCore Solutions | 34.84 Mn | 17.79 Mn | -419,259.00 | -77.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.41% |
| Mar 31, 2026 | 1,520.34% |
| Dec 31, 2025 | 877.20% |
| Sep 30, 2025 | 29.10% |
| Jun 30, 2025 | 30.04% |
| Mar 31, 2025 | 28.20% |
| Dec 31, 2024 | 28.09% |
| Sep 30, 2024 | 29.61% |
| Jun 30, 2024 | 29.36% |
| Mar 31, 2024 | 27.30% |
| Dec 31, 2023 | 26.63% |
| Sep 30, 2023 | 26.37% |
| Jun 30, 2023 | 26.51% |
| Mar 31, 2023 | 24.85% |
| Dec 31, 2022 | 24.67% |
| Sep 30, 2022 | 23.90% |
| Jun 30, 2022 | 24.49% |
| Mar 31, 2022 | 22.93% |
| Dec 31, 2021 | 22.36% |
| Sep 30, 2021 | 23.77% |