Franklin Electric Co (FELE) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Franklin Electric published the results on October 28, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Franklin Electric reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Q3 2025 GAAP EPS of $0.37 included a pension settlement loss of $0.93 per share, which is why GAAP EPS rose 265% while adjusted EPS rose 15%.
• Franklin Electric acquired Cat Pumps in September 2026 for total consideration of $351.1 million, and bought Benson Pump, Wood Brothers Industries and Maynard's earlier in 2026.
• The regional rows under Water Systems are the release's own breakdown of that segment. Other/Elims removes intersegment sales. In Q3 2026 all $36.7 million of them were Water Systems sales to the other segments, per the 10-Q segment note.

Source: Franklin Electric Q3 2026 results, October 28, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Franklin Electric splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Franklin Electric's Water Systems revenue was $353 million in Q3 2026, up 5% from $337 million in Q3 2025, 56% of total revenue.
• Franklin Electric's Energy Systems revenue was $91.7 million in Q3 2026, up 15% from $80.0 million in Q3 2025, 14% of total revenue.
• Franklin Electric's Distribution revenue was $226 million in Q3 2026, up 15% from $197 million in Q3 2025, 36% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Franklin Electric said:

“The Company is raising its guidance for full year 2026 net sales to be in the range of $2.23 billion to $2.30 billion and full year 2026 Adjusted Diluted EPS to be in the range of $4.62 to $4.82.”

Source: Franklin Electric Q3 2026 release, Oct 28, 2026.

This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the FELE forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net sales and GAAP diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Franklin Electric's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 28, 2026

Franklin Electric reports three segments. In Q3 2026 Water Systems, which makes submersible motors, pumps, drives, controls and water treatment systems, had net sales of $352.5 million; Distribution, its network of groundwater distributors known as the Headwater Companies, $226.1 million; and Energy Systems $91.7 million. After $36.7 million of eliminations, consolidated net sales were $633.6 million, up 9% from $581.7 million. (Franklin Electric Q3 2026 release, Oct 28, 2026; Franklin Electric Form 10-K, 2025, Feb 20, 2026)

Of the $51.9 million increase, Franklin Electric's release attributes $24.8 million to acquisitions, $22.8 million to volume and price and $4.2 million to foreign currency translation. CEO Joe Ruzynski named favorable pricing, recent acquisitions and customer activity as the drivers, and pointed to margin pressure from higher material and freight costs. (Franklin Electric Q3 2026 release, Oct 28, 2026)

Within Water Systems, sales in the United States and Canada were $214.0 million, up 7%, while Europe, Middle East and Africa fell 4% to $55.0 million and Asia Pacific rose 19% to $27.4 million. In the United States and Canada, groundwater pumping equipment sales rose 8% and water treatment sales 21%, partly offset by a 17% drop in large dewatering equipment. (Franklin Electric Q3 2026 release, Oct 28, 2026; Franklin Electric Form 10-Q, Q3 2026, Oct 28, 2026)

Distribution sales rose 15%, which the release attributes to higher volumes, acquisitions and price realization; that segment operates only in the U.S. professional groundwater market. Energy Systems sales also rose 15%, on acquisitions and higher sales of fuel management systems and grid solutions. (Franklin Electric Q3 2026 release, Oct 28, 2026; Franklin Electric Form 10-K, 2025, Feb 20, 2026; Franklin Electric Form 10-Q, Q3 2026, Oct 28, 2026)

Franklin Electric bought Cat Pumps, a Minnesota maker of high-pressure positive displacement pumps, in September 2026 for total consideration of $351.1 million, and also acquired Benson Pump, Wood Brothers Industries and Maynard's during 2026. (Franklin Electric Form 10-Q, Q3 2026, Oct 28, 2026)

Franklin Electric's GAAP diluted EPS was $1.35 in Q3 2026, against $0.37 a year earlier. The year-ago figure carried a pension settlement loss of $0.93 per share, so on Franklin Electric's adjusted basis EPS rose 15%, to $1.50 from $1.31. (Franklin Electric Q3 2026 release, Oct 28, 2026)

Adjusted EPS this quarter adds back $0.07 for selling acquired inventory after it was marked up to fair value, $0.07 of acquisition-related expense and $0.01 of restructuring. In Energy Systems those items were $4.7 million of acquisition-related costs and $3.1 million of inventory markup, which is why its operating income fell to $23.7 million while adjusted operating income rose 24% to $31.5 million. (Franklin Electric Q3 2026 release, Oct 28, 2026)

The effective tax rate was 24.4%, against 26.9% a year earlier. Diluted weighted average shares were 44.6 million, against 45.0 million, and interest expense rose to $4.7 million from $3.5 million which Franklin Electric attributed to a higher average amount of outstanding debt. (Franklin Electric Form 10-Q, Q3 2026, Oct 28, 2026; Franklin Electric Q3 2026 release, Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Franklin Electric gives a full-year outlook in its release and raised it with these results: 2026 net sales of $2.23 billion to $2.30 billion and adjusted diluted EPS of $4.62 to $4.82. Its EPS outlook is on the adjusted basis only; the release says a reconciliation to GAAP is not available because of the variability and limited visibility of the excluded items. (Franklin Electric Q3 2026 release, Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover Franklin Electric, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Franklin Electric's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning FELE is on is FELE a buy or a sell?, what analysts expect next is on the FELE forecast, and what the company does is on the Franklin Electric Co (FELE) stock page.

Every number on this page can be traced to a document Franklin Electric published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.