earnings
confidence high
sentiment positive
materiality 0.85
Forgent Q3 revenue $379M (+103% YoY); record orders $867M; raises FY guidance
Forgent Power Solutions, Inc.
- Revenue $379M, up 103% YoY; Net income $24M, up 190% YoY.
- Adjusted EBITDA $85M (+96% YoY); Adj. EBITDA margin 22.4%, up ~200 bps QoQ.
- Bookings $867M (record, +308% YoY); backlog $1.98B (+157% YoY, +33% QoQ).
- FY 2026 guidance raised: rev $1.35-1.39B, adj. EBITDA $310-320M, adj. net income $197-207M.
- Cash from ops $29M, improved $37M YoY; capex $28M for capacity expansion.