Federal Signal (FSS) Operating Expenses (2010 - 2026)

Federal Signal (FSS) reported Operating Expenses of $72.0 million for Q1 2026, up 19.6% year-over-year from $60.2 million in Q1 2025, and up 6.82% quarter-over-quarter from $67.4 million in Q4 2025.

Federal Signal (FSS) Operating Expenses (2010 - 2026) Analysis & Trends

Federal Signal (FSS) has 17 years of Operating Expenses data on file, last reported at $72.0 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $72.0 million, up 19.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $267.7 million (up 12.95% YoY), and the FY2025 annual result was $255.9 million, up 9.36% from the prior year.
  • Operating Expenses advanced to $72.0 million in Q1 2026 per FSS's latest filing, from $67.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $72.0 million in Q1 2026 and troughed at $39.8 million in Q3 2022.
  • A 5-year average of $55.5 million and a median of $57.2 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses rose 27.14% in 2023, then gained 2.16% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $46.2 million in 2022, then advanced by 17.1% to $54.1 million in 2023, then climbed by 7.95% to $58.4 million in 2024, then increased by 15.41% to $67.4 million in 2025, then increased by 6.82% to $72.0 million in 2026.
  • Business Quant data shows FSS's Operating Expenses at $72.0 million in Q1 2026, $67.4 million in Q4 2025, and $61.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Aduro Clean Technologies 856.39 Bn 856.36 Bn - 3.04 Mn
2 Veralto 20.76 Bn 19.33 Bn 854.00 Mn 516.00 Mn
3 Zurn Elkay Water Solutions 8.35 Bn 8.08 Bn 205.80 Mn 109.10 Mn
4 Federal Signal 7.20 Bn 7.13 Bn 179.40 Mn 72.00 Mn
5 Ceco Environmental 3.52 Bn 3.48 Bn 63.92 Mn 56.37 Mn
6 PureCycle Technologies 1.57 Bn 1.47 Bn - 31.39 Mn
7 Energy Recovery 497.64 Mn 411.49 Mn 2.70 Mn 17.56 Mn
8 CleanCore Solutions 210.18 Mn 193.13 Mn -419,259.00 18.56 Mn
9 Arq 118.94 Mn 114.26 Mn 9.94 Mn 10.92 Mn
10 374Water 38.06 Mn 38.06 Mn -2.43 Mn 5.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 72.00 Mn
Dec 31, 2025 67.40 Mn
Sep 30, 2025 61.40 Mn
Jun 30, 2025 66.90 Mn
Mar 31, 2025 60.20 Mn
Dec 31, 2024 58.40 Mn
Sep 30, 2024 60.10 Mn
Jun 30, 2024 58.30 Mn
Mar 31, 2024 57.20 Mn
Dec 31, 2023 54.10 Mn
Sep 30, 2023 50.60 Mn
Jun 30, 2023 53.40 Mn
Mar 31, 2023 52.00 Mn
Dec 31, 2022 46.20 Mn
Sep 30, 2022 39.80 Mn
Jun 30, 2022 42.10 Mn
Mar 31, 2022 43.60 Mn
Dec 31, 2021 37.60 Mn
Sep 30, 2021 33.40 Mn
Jun 30, 2021 40.00 Mn