Franklin Electric

Q2 FY2026 EarningsQ2 FY26 results beat consensus across key metrics, with revenue reaching $622.9M (+2.80% vs. consensus) and adjusted EPS of $1.46 (+1.92% vs. consensus). Growth was primarily driven by the Distribution segment (+11% YoY) and recent acquisitions, while gross margin expanded to 37.0% (exceeding the 35.88% estimate) aided by tariff refunds. However, the Energy Systems segment faced a $4.5M legal settlement headwind, and operating cash flow of $58.7M for the first half fell significantly short of the $90.55M consensus due to increased working capital requirements.