Forgent Power Solutions, Inc. (FPS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 22, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed Sep 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FPS SEC filings page.
Forgent Power Solutions, Inc. (FPS) reported $1.4B in revenue for fiscal year 2026, up 88.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Rapid expansion is widening operating margins, but heavier working-capital needs and capital spending keep cash conversion below accounting earnings.
From FY2025 to FY2026, revenue nearly doubled while operating margin rose from9.6% to12.9% , indicating growth is improving cost absorption rather than merely adding volume. Yet operating cash flow of$109M was nearly consumed by$115.9M of capital expenditures, so reported profit is not translating into surplus cash while the business expands.
The working-capital drag is also visible in the balance sheet: accounts receivable rose to
Net margin improved from
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Forgent Power Solutions, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Forgent Power Solutions, Inc. has an operating margin of 12.8%, meaning the company retains $13 of operating profit per $100 of revenue. This strong profitability earns a score of 75/100, reflecting efficient cost management and pricing power. This is up from 9.6% the prior year.
Forgent Power Solutions, Inc.'s revenue surged 88.5% year-over-year to $1.4B, reflecting rapid business expansion. This strong growth earns a score of 98/100.
Forgent Power Solutions, Inc. has a moderate D/E ratio of 1.02. This balance of debt and equity financing earns a leverage score of 33/100.
Forgent Power Solutions, Inc.'s current ratio of 1.54 indicates adequate short-term liquidity, earning a score of 43/100. The company can meet its near-term obligations, though with limited headroom.
While Forgent Power Solutions, Inc. generated $109.1M in operating cash flow, capex of $115.9M consumed most of it, leaving -$6.8M in free cash flow. This results in a low score of 21/100, reflecting heavy capital investment rather than weak cash generation.
Forgent Power Solutions, Inc.'s ROE of 14.5% shows moderate profitability relative to equity, earning a score of 64/100. This is up from 4.1% the prior year.
Forgent Power Solutions, Inc. scores 5.10, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($10.4B) relative to total liabilities ($1.6B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Forgent Power Solutions, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Forgent Power Solutions, Inc. generates $1.33 in operating cash flow ($109.1M OCF vs $81.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Forgent Power Solutions, Inc. earns $3.20 in operating income for every $1 of interest expense ($182.5M vs $57.1M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2026.
Cash & Balance Sheet
Forgent Power Solutions, Inc. generated $42.6M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 188.3% from the same quarter a year earlier. Against the prior quarter it is up 4446.4%.
Forgent Power Solutions, Inc. held $97.5M in cash against $576.2M in long-term debt as of Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
Forgent Power Solutions, Inc. invested $31.3M in capex in Q4 2026, funding long-term assets and infrastructure. This represents a decrease of 23.7% from the same quarter a year earlier. Against the prior quarter it is up 10.9%.
Not reported for Q4 2026.
Not reported for Q4 2026.
FPS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'26S-1 | Q2'2610-Q | Q1'26S-1 | Q4'2510-K | Q3'25S-1 | Q2'2510-Q | Q1'25S-1 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $378.7M+103.4% | $296.4M+69.0% | N/A | N/A | $186.2M | $175.3M+171.9% | N/A |
| Cost of Revenue | N/A | $247.5M+109.7% | $194.6M+74.4% | N/A | N/A | $118.1M | $111.6M+174.4% | N/A |
| Gross Profit | N/A | $131.2M+92.5% | $101.8M+59.6% | N/A | N/A | $68.2M | $63.8M+167.7% | N/A |
| SG&A Expenses | N/A | $78.5M+144.5% | $68.1M+129.8% | N/A | N/A | $32.1M | $29.7M+162.0% | N/A |
| Operating Income | N/A | $39.3M+75.6% | $20.1M+6.0% | N/A | N/A | $22.4M | $18.9M+52.8% | N/A |
| EBITDA | N/A | $52.7M+46.1% | $33.6M-1.4% | N/A | N/A | $36.1M | $34.1M+167.0% | N/A |
| Interest Expense | N/A | $10.8M-18.2% | $21.0M+53.3% | N/A | N/A | $13.2M | $13.7M+1660.9% | N/A |
| Income Tax | N/A | $4.4M+132.3% | -$400K-147.3% | N/A | N/A | $1.9M | $846K-73.5% | N/A |
| Net Income | N/A | $18.3M+165.7% | $246K-94.6% | $15.6M+112.0% | N/A | $6.9M | $4.6M-45.7% | $7.3M |
| Diluted Shares (Avg) | N/A | 234M | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses, EPS (Basic), EPS (Diluted).
FPS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'26S-1 | Q2'2610-Q | Q1'26S-1 | Q4'2510-K | Q3'25S-1 | Q2'2510-Q | Q1'25S-1 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2B+45.2% | $1.9B | $1.7B | N/A | $1.5B+13.7% | N/A | N/A | N/A |
| Current Assets | $818.1M+83.8% | $607.4M | $577.6M | N/A | $445.1M+14.9% | N/A | N/A | N/A |
| Cash & Equivalents | $97.5M-12.4% | $93.8M-46.5% | $106.2M-50.8% | N/A | $111.3M-40.3% | $175.3M | $215.8M | N/A |
| Short-Term Investments | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Inventory | $249.8M+112.5% | $179.5M | $160.5M | N/A | $117.6M+41.5% | N/A | N/A | N/A |
| Accounts Receivable | $329.6M+106.1% | $274.6M | $251.0M | N/A | $160.0M+96.9% | N/A | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | N/A | $0 | $0 | $0 | N/A |
| Goodwill | $516.6M0.0% | $516.6M | $516.6M | N/A | $516.6M0.0% | N/A | N/A | N/A |
| Total Liabilities | $1.6B+61.9% | $1.3B | $1.1B | N/A | $963.4M+26.9% | N/A | N/A | N/A |
| Current Liabilities | $531.3M+88.6% | $370.2M | $346.9M | N/A | $281.7M+48.7% | N/A | N/A | N/A |
| Non-Current Liabilities | $1.0B+50.8% | $900.5M | $760.7M | N/A | $681.7M+19.7% | N/A | N/A | N/A |
| Long-Term Debt | $576.2M+15.9% | $578.1M | $579.0M | N/A | $496.9M-0.6% | N/A | N/A | N/A |
| Total Equity | $564.3M+50.7% | $446.5M | $589.5M | N/A | $374.5M-36.8% | N/A | N/A | N/A |
| Retained Earnings | $79.3M | $26.0M | N/A | N/A | N/A | N/A | N/A | N/A |
FPS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'26S-1 | Q2'2610-Q | Q1'26S-1 | Q4'2510-K | Q3'25S-1 | Q2'2510-Q | Q1'25S-1 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $73.9M+1125.1% | $29.2M+489.9% | N/A | N/A | -$7.2M | -$7.5M | N/A | N/A |
| Depreciation & Amortization | $16.5M+9.3% | $13.3M-2.3% | $13.5M-10.8% | N/A | $15.1M | $13.7M | $15.2M+3962.7% | N/A |
| Stock-Based Compensation | N/A | $2.0M+400.0% | $1.6M+300.0% | N/A | N/A | $400K | $400K | N/A |
| Capital Expenditures | $31.3M-23.7% | $28.2M+50.9% | N/A | N/A | $41.0M | $18.7M | N/A | N/A |
| Free Cash Flow | $42.6M+188.3% | $937K+103.6% | N/A | N/A | -$48.2M | -$26.2M | N/A | N/A |
| Investing Cash Flow | -$31.3M+23.7% | -$28.2M-50.9% | N/A | N/A | -$41.0M | -$18.7M | N/A | N/A |
| Financing Cash Flow | -$14.7M+6.4% | -$13.3M+7.6% | N/A | N/A | -$15.7M | -$14.4M | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
FPS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q3'26S-1 | Q2'2610-Q | Q1'26S-1 | Q4'2510-K | Q3'25S-1 | Q2'2510-Q | Q1'25S-1 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 34.6%-2.0pp | 34.3%-2.0pp | N/A | N/A | 36.6% | 36.4%-0.6pp | N/A |
| Operating Margin | N/A | 10.4%-1.6pp | 6.8%-4.0pp | N/A | N/A | 12.0% | 10.8%-8.4pp | N/A |
| Net Margin | N/A | 4.8%+1.1pp | 0.1%-2.5pp | N/A | N/A | 3.7% | 2.6%-10.5pp | N/A |
| Return on Equity | N/A | 4.1% | 0.0% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | 1.0% | 0.0% | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.540.0x | 1.64 | 1.66 | N/A | 1.58-0.5x | N/A | N/A | N/A |
| Debt-to-Equity | 1.02-0.3x | 1.29 | 0.98 | N/A | 1.33+0.5x | N/A | N/A | N/A |
| Asset Turnover | N/A | 0.20 | 0.17 | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | N/A | 0.3%+14.3pp | N/A | N/A | N/A | -14.1% | N/A | N/A |
Where Forgent Power Solutions, Inc. Ranks
Frequently Asked Questions
What is Forgent Power Solutions, Inc.'s annual revenue?
Forgent Power Solutions, Inc. (FPS) reported $1.4B in total revenue for fiscal year 2026. This represents a 88.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Forgent Power Solutions, Inc.'s revenue growing?
Forgent Power Solutions, Inc. (FPS) revenue grew by 88.5% year-over-year, from $753.2M to $1.4B in fiscal year 2026.
Is Forgent Power Solutions, Inc. profitable?
Yes, Forgent Power Solutions, Inc. (FPS) reported a net income of $81.8M in fiscal year 2026, with a net profit margin of 5.8%.
What is Forgent Power Solutions, Inc.'s EBITDA?
Forgent Power Solutions, Inc. (FPS) had EBITDA of $249.4M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Forgent Power Solutions, Inc. have?
As of fiscal year 2026, Forgent Power Solutions, Inc. (FPS) had $97.5M in cash and equivalents against $576.2M in long-term debt.
What is Forgent Power Solutions, Inc.'s gross margin?
Forgent Power Solutions, Inc. (FPS) had a gross margin of 35.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Forgent Power Solutions, Inc.'s operating margin?
Forgent Power Solutions, Inc. (FPS) had an operating margin of 12.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Forgent Power Solutions, Inc.'s net profit margin?
Forgent Power Solutions, Inc. (FPS) had a net profit margin of 5.8% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Forgent Power Solutions, Inc.'s return on equity (ROE)?
Forgent Power Solutions, Inc. (FPS) has a return on equity of 14.5% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Forgent Power Solutions, Inc.'s free cash flow?
Forgent Power Solutions, Inc. (FPS) recorded an outflow of $6.8M in free cash flow during fiscal year 2026. This represents a 82.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Forgent Power Solutions, Inc.'s operating cash flow?
Forgent Power Solutions, Inc. (FPS) generated $109.1M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Forgent Power Solutions, Inc.'s total assets?
Forgent Power Solutions, Inc. (FPS) had $2.2B in total assets as of fiscal year 2026, including both current and long-term assets.
What are Forgent Power Solutions, Inc.'s capital expenditures?
Forgent Power Solutions, Inc. (FPS) invested $115.9M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
What is Forgent Power Solutions, Inc.'s current ratio?
Forgent Power Solutions, Inc. (FPS) had a current ratio of 1.54 as of fiscal year 2026, which is generally considered healthy.
What is Forgent Power Solutions, Inc.'s debt-to-equity ratio?
Forgent Power Solutions, Inc. (FPS) had a debt-to-equity ratio of 1.02 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Forgent Power Solutions, Inc.'s return on assets (ROA)?
Forgent Power Solutions, Inc. (FPS) had a return on assets of 3.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Forgent Power Solutions, Inc.'s P/E ratio?
Forgent Power Solutions, Inc. (FPS) trades at 127x earnings, its market capitalization divided by net income of $81.8M net income, FY2026. The market capitalization is $10.4B as of Sep 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Forgent Power Solutions, Inc.'s price-to-sales ratio?
Forgent Power Solutions, Inc. (FPS) trades at 7.3x sales, its market capitalization divided by revenue of $1.4B revenue, FY2026. The market capitalization is $10.4B as of Sep 22, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Forgent Power Solutions, Inc.'s Altman Z-Score?
Forgent Power Solutions, Inc. (FPS) has an Altman Z-Score of 5.10, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Forgent Power Solutions, Inc.'s Piotroski F-Score?
Forgent Power Solutions, Inc. (FPS) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Forgent Power Solutions, Inc.'s earnings high quality?
Forgent Power Solutions, Inc. (FPS) has an earnings quality ratio of 1.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Forgent Power Solutions, Inc. cover its interest payments?
Forgent Power Solutions, Inc. (FPS) has an interest coverage ratio of 3.20x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Forgent Power Solutions, Inc.?
Forgent Power Solutions, Inc. (FPS) scores 56 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.