Forgent Power Solutions' SEC filings document its public-company registration, operating results, material agreements and capital structure. Registration statements describe offerings of Class A common stock, the company's electrical distribution equipment business, risk factors and the relationship between the public company and its operating subsidiary.
Material-event filings include quarterly results disclosures, exhibits and non-GAAP reconciliations, as well as agreements connected to the IPO and operating-company structure. These records identify underwriting arrangements, a tax receivable agreement, registration rights, an amended operating-company LLC agreement, stockholder agreements and redemption arrangements for operating-subsidiary interests. The filings also identify Forgent as an emerging growth company for Exchange Act reporting purposes.
Neos Partners and affiliated entities report collective beneficial ownership of Forgent Power Solutions, Inc. Class A common stock through a coordinated group. The filing states the group holds 205,528,889 voting and dispositive shares (shared power) representing 67.5% of 304,428,889 Class A shares used for the calculation. The filing explains that the total includes 145,218,850 Class A shares plus 60,310,039 Opco LLC Interests exchangeable one-for-one into Class A shares under the LLCA. Several affiliated entities list varying shared positions (for example, Neos Partners I 202,716,094; Neos Partners I-B 145,218,850; Forgent Parent II 33,198,340), with percentage calculations tied to specific outstanding-share bases cited in the filing.
Forgent Power Solutions, Inc. reported sharply higher results for the quarter and nine months ended March 31, 2026. Quarterly revenues reached $378.7 million, up from $186.2 million a year earlier, with net income of $24.5 million versus $8.4 million. For the nine‑month period, revenues were $958.4 million and net income was $39.9 million.
Profitability also improved on a non‑GAAP basis: quarterly Adjusted EBITDA was $84.7 million and Adjusted Net Income was $55.3 million. Growth was driven mainly by custom products and powertrain solutions for data centers, grid and industrial customers, with a high mix of over‑time revenue.
Forgent completed an IPO on February 6, 2026 and a follow‑on offering on March 30, 2026, raising net proceeds of $491.8 million and $308.6 million, respectively, to acquire additional Opco LLC interests. It also refinanced prior term debt with a new $600 million term loan maturing in 2032 and recorded a $207.3 million liability under a Tax Receivable Agreement, while ending the quarter with $93.8 million of cash.
Forgent Power Solutions reported a very strong fiscal third quarter 2026 and raised full‑year guidance. Revenue reached $378.7 million, up 103% year-over-year, while net income rose to $24.5 million, a 190% increase. Adjusted EBITDA grew 96% to $84.7 million, with a 22.4% margin.
Bookings hit a record $867 million and backlog reached a record $1.98 billion, up 157% from March 31, 2025, supporting future growth. Management raised full-year 2026 outlook to revenue of $1.35–$1.39 billion, Adjusted EBITDA of $310–$320 million, and Adjusted Net Income of $197–$207 million.
Forgent Power Solutions, Inc. insiders reported a restructuring of indirect holdings and a large share sale. On March 30, 2026, an indirect holder associated with the reporting persons disposed of 10,783,205 Opco LLC Interests and received the same number of Class A common shares at no stated price, effectively exchanging one class of interest for another. The same indirect holder then sold 34,500,000 Class A common shares, reducing its indirect position to 145,218,850 Class A shares, while a separate line shows 46,756 Class A shares held directly after these transactions.
Neos Partners-affiliated funds, as major holders of Forgent Power Solutions, Inc., reported a restructuring and partial sale of their stake in Class A common stock. On March 30, 2026, they disposed of 10,783,205 Opco LLC Interests to the issuer and simultaneously acquired 10,783,205 shares of Class A common stock at a stated price of $0.00 per share, reflecting an internal reclassification of interests.
On the same date, the reporting entities executed an open‑market or private sale of 34,500,000 shares of Class A common stock. After this sale, their indirect holdings in Class A common stock stood at 145,218,850 shares, while a separate line shows 46,756 shares held directly. The filing shows no remaining derivative positions, indicating the current exposure is primarily through common stock holdings.
Forgent Power Solutions, Inc. insider entities reported a large net sale of Class A common stock. On March 30, 2026, they disposed of 10,783,205 Opco LLC Interests to the issuer and simultaneously acquired 10,783,205 Class A common shares at a reported price of $0.00 per share. The same date, they reported an open-market or private sale of 34,500,000 Class A shares, leaving 145,218,850 Class A shares held indirectly and 46,756 Class A shares held directly after the transactions.
Forgent Power Solutions, Inc. is offering a total of 30,000,000 shares of Class A common stock, comprising 20,688,874 shares being sold by existing selling stockholders and 9,311,126 shares being offered by the company.
At a public offering price of $29.50 per share, gross proceeds to the company from its portion are $266,437,870, and the selling stockholders’ share of proceeds is $592,012,130. The company intends to use its net proceeds to purchase Opco LLC Interests and Opco intends to use proceeds to redeem interests from certain existing Opco owners. The Tax Receivable Agreement requires the company to pay 85% of certain tax savings and the prospectus estimates aggregate TRA payments could be approximately $559.5M over fifteen years under stated assumptions.
Forgent Power Solutions is registering 30,000,000 shares of Class A common stock, including 9,311,665 new shares from the company and 20,688,335 from selling stockholders. The company’s portion will fund the purchase of Opco LLC Interests, while selling holders receive their own sale proceeds.
Forgent operates an Up-C structure and expects substantial cash payments under a Tax Receivable Agreement tied to exchanges of Opco LLC Interests. It posted fiscal 2025 revenue of $753.2 million, up 56% from pro forma 2024, and reported about $1.5 billion of backlog as of December 31, 2025, driven largely by data center and grid demand.
Forgent Power Solutions, Inc. reports sharp growth for the six months ended December 31, 2025, alongside a recent IPO and major balance sheet changes. Revenues rose to $579.7 million from $329.4 million, with net income increasing to $15.5 million and Adjusted EBITDA to $125.5 million.
Growth is driven by strong demand for custom, engineered-to-order electrical distribution equipment for data centers, the power grid and industrial facilities. However, operating cash flow fell to $6.0 million as receivables and inventory expanded, and interest expense increased with a new $600 million term loan.
In February 2026, the company completed an IPO at $27.00 per share, with primary proceeds of $491.8 million used to acquire additional interests in its operating subsidiary, Opco, and redeem existing owners. After related reorganization transactions, Forgent indirectly owns 76.65% of Opco and consolidates its results, while continuing equity owners hold the remaining economic interest and Class B shares with voting but no economic rights.
Forgent Power Solutions reported very strong fiscal second-quarter 2026 results, with revenues of $296 million, up 69% from the prior year. Order momentum accelerated, as bookings reached $762 million and backlog climbed to $1.5 billion, reflecting robust demand from data center and grid customers.
The company posted a small net loss of $0.1 million, mainly from a $10 million write-off of deferred financing costs, while Adjusted EBITDA rose 51% to $60 million and Adjusted Net Income increased 66% to $36 million. For fiscal 2026, Forgent guides to revenues of $1.275–$1.325 billion and strong growth in adjusted profitability.