Forgent Reports Record Q4 and Full Year 2026 Results

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IPO:
Feb 05, 2026
Industry:
ELECTRICAL INDUSTRIAL APPARATUS

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Forgent Reports Record Fourth Quarter and Full Year 2026 Results, Exceeds Guidance

Dayton, MN, USA - Forgent Power Solutions, Inc. (NYSE: FPS), a leading designer and manufacturer of electrical distribution equipment, announced its financial results for the fiscal fourth quarter and full year ended June 30, 2026, exceeding the high end of its guidance.

During the fourth quarter, Forgent achieved revenues of $462 million, marking a 94 percent increase year-over-year. The company reported a net income of $66 million and an Adjusted EBITDA of $113 million, up 163 percent from the prior year. Bookings reached a record $1,503 million, driving the all-time high backlog to $3.0 billion.

For the full fiscal year 2026, revenues totaled $1,420 million with a net income of $106 million and Adjusted EBITDA of $323 million. The company also issued robust guidance for fiscal year 2027, projecting revenues between $2,400 million and $2,600 million.

    Financial Highlights

  • Q4 Revenues: $462 million (up 94% year-over-year)
  • Q4 Net Income: $66 million
  • Q4 Adjusted EBITDA: $113 million (up 163% year-over-year)
  • Full Year 2026 Revenues: $1,420 million (up 89% year-over-year)

About Forgent Power Solutions, Inc.

We are a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities. Demand for our products is growing rapidly as (i) companies accelerate investment in data centers to meet the computational requirements for cloud computing and AI, (ii) independent power producers build new generation capacity to satisfy rising electricity demand, (iii) utilities upgrade and expand T&D infrastructure to address rapid load growth and (iv) manufacturers reshore their factories to secure their supply chains and mitigate the impact of tariffs. From fiscal 2024 to fiscal 2025, our revenues grew 56% to $753.2 million and, as of September 30, 2025, we had $1,027.1 million of Backlog representing an increase of 44% compared to the same date in the prior year.

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