FinEdge Labs
F

FBIN

FBINReviewed
3 segments tracked|5 years of data|Annual (10-K)
Total Revenue
$4.5B3.2%
FY2025
Operating Segments
3
Active segments
Blended Margin
15.8%
Operating margin
Highest Margin
22.2%
Water Segment
Segment Shift

Water Segment has grown from 57.5% to 54.8% of total revenue since FY2021, with 22.2% operating margins. Meanwhile, Security Segment is the fastest growing at -0.2% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2025

SegmentRevenueOp. IncomeMargin% of TotalYoY
Water Segment$2.4B$542M22.2%54.8%-4.6%
Outdoors Segment$1.3B$84M6.3%29.6%-2.0%
Security Segment$693M$80M11.5%15.5%-0.2%

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