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 (FPS) reported record fiscal Q4 2026 results with revenue of $462 million, up 94% year-over-year, and net income of $66 million.
Q4 bookings reached $1.5 billion, a 375% increase and a 3.3x book-to-bill ratio, driving backlog to an all-time high of $3.0 billion, up 256% versus June 30, 2025. Q4 Adjusted EBITDA was $113 million, up 163% year-over-year, with a 24.4% margin, and revenue, Adjusted EBITDA and Adjusted Net Income all exceeded the high end of May guidance. For fiscal 2026, revenue was $1.42 billion (+89%), net income $106 million (+508%) and Adjusted EBITDA $323 million (+91%). The company issued fiscal 2027 guidance for revenue of $2.4–$2.6 billion, Adjusted EBITDA of $575–$625 million and Adjusted EPS of $1.26–$1.40, and announced a $35 million Tijuana capacity expansion expected to lift total revenue capacity to about $5.8 billion.
Forgent Power Solutions (NYSE: FPS), a designer and manufacturer of electrical distribution equipment for data centers, the power grid and energy-intensive industrial facilities, will report its fiscal fourth quarter and full year 2026 results for the period ended June 30, 2026, before the market opens on September 15, 2026.
According to the company, management will host a conference call at 11:00 a.m. ET that day to discuss the results. A live webcast, replay, earnings press release and presentation materials will be available at ir.forgentpower.com.
Forgent Power Solutions (NYSE: FPS) closed a public offering of Class A common stock. The deal included 29,094,075 shares sold by selling stockholders and 14,555,925 shares sold by Forgent at $49.00 per share, before underwriting discounts and commissions.
Forgent used its net proceeds to redeem interests in an operating subsidiary held by existing equity owners controlled by Neos Partners.
Forgent Power Solutions (NYSE: FPS) priced an upsized public offering of Class A common stock at $49.00 per share.
The deal includes 29,094,075 shares sold by Neos Partners–controlled stockholders and 14,555,925 new shares from Forgent, plus a 30-day underwriter option on up to 6,547,500 additional shares. Forgent’s proceeds will redeem interests in an operating subsidiary. Closing is expected on July 6, 2026, following SEC effectiveness of the Form S-1 on July 1, 2026.
Forgent Power Solutions (NYSE: FPS) announced a public offering of Class A common stock on June 29, 2026. The deal includes 23,328,582 shares offered by Neos Partners–controlled selling stockholders and 11,671,418 new shares offered by Forgent.
Underwriters have a 30-day option to buy up to 3,499,288 additional shares from selling stockholders and 1,750,712 additional shares from Forgent. Forgent will not receive proceeds from selling stockholders’ shares; its net proceeds will redeem interests in an operating subsidiary held by existing equity owners controlled by Neos Partners. The offering will be made only by prospectus under an S-1 registration statement filed with the SEC, which is not yet effective.
Forgent Power Solutions (NYSE: FPS) closed a public offering of Class A common stock at $47.00 per share.
The deal included 32,769,681 shares sold by Neos Partners-controlled selling stockholders and 15,852,319 shares sold by Forgent. Forgent’s net proceeds were used to redeem interests in an operating subsidiary held by Neos-controlled equity owners.
Forgent Power Solutions (NYSE: FPS) priced an upsized public offering of Class A common stock at $47.00 per share. The deal includes 28,542,420 shares sold by Neos Partners–controlled selling stockholders and 13,737,580 new shares sold by Forgent.
Underwriters have a 30-day option for up to 6,342,000 additional shares in total. Forgent will not receive proceeds from secondary shares; its net proceeds will redeem interests in an operating subsidiary. Closing is expected on June 1, 2026, following SEC effectiveness of the Form S-1 on May 28, 2026.
Forgent Power Solutions (NYSE: FPS) announced a proposed public offering of Class A common stock. Selling stockholders controlled by Neos Partners plan to offer 23,741,398 shares, and Forgent plans to offer 11,258,602 shares.
Underwriters may receive 30-day options for additional shares. Forgent will not receive proceeds from selling stockholders’ shares; its net proceeds will redeem interests in an operating subsidiary held by Neos-controlled equity owners.
Forgent Power Solutions (NYSE: FPS) announced the repricing of its revolving and term loan Senior Credit Facilities effective after closing. The interest margin on borrowings will drop from SOFR + 300 bps to SOFR + 225 bps, yielding about $4.5 million in expected annual interest savings on the initial term loan facility. Other material terms, including maturities and financial covenants, are expected to remain unchanged. Closing is subject to customary conditions and is anticipated in late June 2026.
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.