Forgent Power Solutions Reports Exceptional Q3 Results, Raises Full-Year Guidance on Record Orders
FPS has more than doubled off its 52-week low of $25.95 on elevated volume (1.8× avg).
Summary
Forgent Power Solutions announced exceptional Q3 2026 financial results, including triple-digit revenue and profit growth, and raised its full-year guidance due to record orders and backlog.
Key Events · Earnings and Guidance · FPS
-
Exceptional Q3 Financial Performance
Reported Q3 2026 revenues of $379 million, a 103% increase year-over-year. Net Income surged 190% to $24 million, and Adjusted EBITDA grew 96% to $85 million.
-
Raised Full-Year Fiscal 2026 Guidance
Increased full-year revenue guidance to a range of $1,350 to $1,390 million (82% YoY growth at midpoint) and Adjusted EBITDA to $310 to $320 million (86% YoY growth at midpoint).
-
Record Bookings and Backlog
Achieved record bookings of $867 million, up 308% year-over-year, resulting in a book-to-bill ratio of 2.3x. Backlog reached a record $1.98 billion, increasing 157% year-over-year.
-
Improved Cash Flow from Operations
Cash flow from operations improved by $37 million year-over-year to $29 million in the third quarter, despite continued working capital investment for production expansion.
Analysis · FPS · Manufacturing
Forgent Power Solutions delivered exceptionally strong third-quarter results, significantly exceeding expectations with triple-digit year-over-year growth across key financial metrics. The company also raised its full-year fiscal 2026 guidance, signaling continued robust demand and strong operational execution. This performance is driven by record bookings and a substantial backlog, particularly from data center and power grid markets, reinforcing the company's growth trajectory and justifying its current valuation.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 42.7% of the 288 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.53%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FPS was trading at $52.11 on NYSE in the Manufacturing sector, with a market capitalization of approximately $13.9B. The 52-week trading range was $25.95 to $46.10. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.