Phase Space AI

Catalyst Calendar

Federal Signal [FSS]

Federal Signal [FSS] — Catalyst Calendar

No date is written here that is not sourced. Where a date is not disclosed, the entry says so.

catalyst date source / status why it matters
Q2 2026 results and 10-Q NOT YET FILED as of 2026-07-30 Federal Signal's most recent EDGAR filing of any kind is an 8-K dated 2026-05-20. The FY2025 comparable 10-Q was filed 2025-07-30, the FY2024 comparable 2024-07-31. The event is imminent; the date is not disclosed and is not estimated here The single most important observation on this name. It resolves whether Q1'26's 0.996 book-to-bill and −5.9% backlog were one hard comparison or a trend. It is also the first quarter with New Way, Kinloch and Mega all in for a full period
Q3 2026 results not announced FY2025 comparable 10-Q filed 2025-10-30 second backlog observation
FY2026 10-K not announced FY2025 10-K filed 2026-02-25; FY2024 filed 2025-02-26 annual orders, backlog and — if the pattern holds — the acquisition notes for Mega and any 2026 deals
New Way purchase-price allocation finalisation within one year of 2025-11-25, i.e. by 2026-11-25 10-K: "The Company expects to finalize the valuation and complete the purchase price allocation as soon as practicable, but not more than one year from the acquisition date" A disclosed deadline. Final PPA fixes the amortisation run-rate, which is 0.9% of revenue in the terminal-margin bridge
Mega purchase-price allocation finalisation by 2027-01-16 Q1'26 10-Q, same one-year language, acquisition closed 2026-01-16 same
2025 Credit Agreement maturity 2030-10-29 10-K: "The 2025 Credit Agreement matures on October 29, 2030" well beyond the thesis horizon. Covenant: consolidated total net leverage may not exceed 2.75:1.00 for an accordion expansion; current net debt / adjusted EBITDA is ~1.06x, so there is substantial acquisition capacity
FY2025 debt maturity ladder 2026 $0.5m · 2027 $10.4m · 2028 $20.3m · 2029 $20.3m · 2030 $514.2m · thereafter $0.9m 10-K maturity table at 2025-12-31 no maturity wall inside the thesis horizon — $0.5m due in the next twelve months

Not on this calendar, and why