How Federal Signal makes money

Period

FY2025

How does Federal Signal make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Federal Signal Corporation · FY2025 · year ended 2025-12-31

Revenue$2.2BGross profit$631M · 29%Cost of revenue$1.5B · 71%Operating income$341M · 16%Operating expenses$290M · 13%SG&A$256M · 12%Other opex$34M · 2%Pre-tax income$325M · 15%Other expense$16M · 1%Net income$247M · 11%Income tax$78M · 4%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.