Welcome to our dedicated page for Forgent Power Solutions news (Ticker: FPS), a resource for investors and traders seeking the latest updates and insights on Forgent Power Solutions stock.
Forgent Power Solutions reports news centered on its electrical distribution equipment business, public-company reporting and capital structure. Recurring updates include quarterly financial results, order activity, bookings, backlog, fiscal guidance and conference-call announcements tied to its data center, power grid and industrial end markets.
Company news also covers public offerings of Class A common stock, initial public offering activity, underwriter option exercises and the use of company offering proceeds in connection with operating-subsidiary interests. Other recurring categories include shareholder voting matters, capital-structure disclosure and operating and financial results.
Forgent Power Solutions (NYSE:FPS) reported fiscal Q3 2026 revenue of $379 million, up 103% year-over-year, with record bookings of $867 million and backlog of $1.98 billion. Net income was $24 million and Adjusted EBITDA $85 million, up 190% and 96% respectively.
The company raised full-year 2026 guidance to revenue of $1,350–$1,390 million, Adjusted EBITDA of $310–$320 million, and Adjusted Net Income of $197–$207 million, implying strong year-over-year growth and continued margin expansion.
Forgent Power Solutions (NYSE: FPS) will report fiscal third quarter 2026 results for the period ended March 31, 2026, before market open on May 14, 2026. Management will host a conference call at 11:00 a.m. ET. Webcast, replay, press release, and presentation materials will be available at the company investor site.
Forgent Power Solutions (NYSE: FPS) closed a public offering on March 30, 2026, selling 34,500,000 total Class A shares at a public offering price of $29.50 per share (including full exercise of underwriters’ option).
Forgent sold 10,783,205 shares and used net proceeds to redeem interests in an operating subsidiary; parent Selling Stockholders sold 23,716,795 shares and Forgent received no proceeds from those sales.
Forgent Power Solutions (NYSE: FPS) priced a public offering of Class A common stock at $29.50 per share. The offering includes 20,688,874 shares from Selling Stockholders and 9,311,126 shares from Forgent, with underwriters' overallotment options totaling up to 4,500,000 additional shares. Closing is expected on March 30, 2026. Forgent will use net proceeds from its portion to redeem interests in an operating subsidiary; it receives no proceeds from shares sold by the Selling Stockholders.
Forgent Power Solutions (NYSE: FPS) announced a public offering of Class A common stock on March 24, 2026, totaling 30,000,000 shares (20,688,335 shares sold by selling stockholders and 9,311,665 shares by Forgent) plus a combined 4,500,000-share 30-day overallotment option.
Forgent will receive proceeds only from the 9,311,665 shares it is selling; proceeds will be used to redeem interests in an operating subsidiary held by certain existing equity owners controlled by Neos Partners, LP.
Forgent (NYSE: FPS) reported fiscal Q2 2026 revenue of $296 million (+69% YoY), bookings of $762 million (+268% YoY) and backlog of $1.5 billion (+100% YoY). Adjusted EBITDA was $60 million and Adjusted Net Income was $36 million.
The company provided full-year guidance of $1,275–1,325 million revenue, Adjusted EBITDA of $300–310 million and Adjusted Net Income of $190–200 million. Forgent completed an IPO in February 2026, raising approximately $1.7 billion.
Forgent Power Solutions (NYSE: FPS) will report fiscal second quarter 2026 results for the quarter ended December 31, 2025 before the market opens on March 16, 2026. Management will host a conference call at 11:00 a.m. ET the same day.
The live webcast, replay, earnings press release and presentation materials will be available at ir.forgentpower.com.
Forgent Power Solutions (NYSE: FPS) marked its early February IPO by ringing the NYSE Opening Bell on February 12, 2026, after shares rose 22% since trading began. The NYSE pre-market update noted broader market moves after a 130,000 jobs print from the Bureau of Labor Statistics.
The NYSE also highlighted Veradermics (NYSE: MANE) and announced a new NYSE Texas Advisory Board to support listings and trading in the Southwestern U.S.
Forgent Power Solutions (NYSE: FPS) announced full exercise and closing of the underwriters' over-allotment option in its IPO on February 10, 2026. The underwriters purchased an additional 8,400,000 shares at an IPO price of $27.00 per share, bringing the total issued shares from the offering to 64,400,000.
Forgent will receive net proceeds only from its portion of primary shares and will use those proceeds to redeem interests in an operating subsidiary held by certain existing equity owners controlled by Neos Partners.
Forgent Power Solutions (NYSE: FPS) closed its initial public offering, with shares beginning trading on February 5, 2026. The offering included 39,413,573 secondary shares sold by selling stockholders and 16,586,427 primary shares sold by Forgent at an IPO price of $27.00 per share.
Forgent will use net proceeds from its share sale to redeem interests in an operating subsidiary held by certain existing equity owners controlled by Neos Partners, LP. The SEC declared the registration effective on January 28, 2026.