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Other financials

Income statement

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Revenue$622.9M+6.0%
Operating income$93.6M+6.2%
Net income$65.7M+9.3%
EPS (diluted)$1.46+11.5%

Balance sheet

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Cash & equivalents$97.3M-7.0%
Total debt$416.8M-32.4%
Total equity$1.4B+11.5%
Total assets$2.2B+6.6%

Cash flow

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Operating cash flow$99.6M+93.5%
CapEx$10.9M-5.8%
Free cash flow$88.7M+122%

Valuation

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Market cap$4.83B+15.5%
Enterprise value$5.15B+9.7%
P/E31×+7.6×
P/S2.2×+0.2×

Profitability

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Gross margin35.5%+0.1pp
Operating margin12.6%+0.5pp
Net margin7.1%-1.7pp
FCF margin9.9%-0.7pp

Returns & leverage

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Return on equity11.7%-2.7pp
Debt / equity0.3×-0.2×
Current ratio2.4×+0.7×

Where this comes from

Reported directly by Franklin Electric in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The source filing: Franklin Electric’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 10:51 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000038725-26-000055
(In thousands, except per share amounts)Second Quarter Ended / June 30, 2026Second Quarter Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Net sales$622,880$587,434$1,123,317$1,042,681
Cost of sales392,275375,608717,743666,952
Gross profit230,605211,826405,574375,729
Selling, general, and administrative expenses132,088123,521255,100243,164
Restructuring expense4061644,278323
Legal settlement loss (see Note 7)4,5124,512
Operating income93,59988,141141,684132,242
Interest expense(3,524)(2,805)(5,835)(4,604)

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Franklin Electric's gross profit?
Franklin Electric (FELE) reported gross profit of $230.61M in Q2 2026.
How has Franklin Electric's gross profit changed year-over-year?
Franklin Electric's gross profit increased by 8.9% year-over-year, from $211.83M to $230.61M.
What is the long-term trend for Franklin Electric's gross profit?
Over 4 years (2021 to 2025), Franklin Electric's gross profit has grown at a 7.0% compound annual growth rate (CAGR), from $576.09M to $755.93M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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