Fort Wayne, IN – October 28, 2026 – Franklin Electric Co., Inc. today announced its third quarter financial results for fiscal year 2026.
Third quarter 2026 net sales were $633.6 million compared to third quarter 2025 net sales of $581.7 million. Third quarter 2026 operating income was $86.5 million, compared to third quarter 2025 operating income of $85.1 million. Third quarter 2026 diluted EPS was $1.35, compared to third quarter 2025 EPS of $0.37. Third quarter adjusted diluted EPS1 was $1.50, compared to 2025 third quarter adjusted diluted EPS1 of $1.31.
1 – Adjusted diluted EPS is a non-GAAP measure. Please refer to our Note Regarding Non-GAAP Financial Measures below for further explanation as well as the final page of this release for a reconciliation of non-GAAP measures to the appropriate GAAP measure.
“Our team delivered strong third quarter revenue growth through a combination of favorable pricing, contributions from recent acquisitions, and healthy customer activity across much of the portfolio. We were pleased with the early contribution from Cat Pumps as our teams remain focused on executing our integration playbook while serving customers at a high level,” commented Joe Ruzynski, Franklin Electric’s CEO.
“Although we experienced margin pressure from higher material and freight costs, we continue to see encouraging order trends and strong customer engagement across many of our businesses. We remain focused on disciplined pricing, productivity initiatives, and operational execution throughout our global manufacturing and distribution network. With a diversified portfolio, strong balance sheet, and multiple opportunities to drive growth, we believe Franklin Electric is well positioned to continue creating long-term value for shareholders.”
Franklin Electric (NASDAQ: FELE) is a global manufacturer and distributor of systems and technologies for moving and protecting the world’s most critical resources: water, fuel, and electricity. Franklin Electric serves customers in residential, commercial, agricultural, industrial, municipal, and energy applications with a commitment to responsible innovation, sustainable manufacturing, and being an indispensable partner to customers. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies and Most Trustworthy Companies for 2025, Best Places to Work in Indiana 2024, and America’s Climate Leaders 2024 by USA Today.