Operations and Maintenance Service

Forgent Power Solutions (NYSE: FPS) — Q4 FY2026 Post Earnings

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Forgent Power Solutions FPS q4 post earnings

Operations

Q4 2026
Q4 Revenue ↑ 94.3% YoY $461.7M
Segments
Custom Products 63.1%
Powertrain Solutions 31.8%
Standard Products 2.4%
Services 2.7%

Key Earnings Driver

Powertrain Solutions Custom Products revenue increased 73.2% year over year to $291.5M, Powertrain Solutions revenue increased 186.8% to $146.7M, Standard Products revenue increased 11.2% to $11.2M, and Services revenue increased 51.5% to $12.3M. Powertrain Solutions revenue grew 259% for fiscal 2026 and represented nearly one-third of Q4 revenue. Forgent is making an incremental investment in dedicated e-House and Powerskid production in Tijuana, to increase Powertrain Solutions capacity by more than 50%.

Key Operating Metrics¹

METRIC

STATUS

Custom Products↑ 73.2%

Powertrain Solutions↑ 186.8%

🟢 Scaling

Key Financial Metrics

Gross Margin 36.11% +2.57 pp YoY
Backlog / Revenue 649.8% 6.49x Qtr Rev
CapEx Intensity 6.71% 0.06x Revenue

Sources: Forgent Power Solution Q4 FY2026 Earnings Release — Company Website, Forgent Power Solutions FY2026 Form 10-K — SEC Filing, Forgent Power Solutions Q3 FY2026 Form 10-Q — SEC Filing

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

SOLV Energy (NYSE: MWH) — Q2 2026 Pre Earnings

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Pre earnings note company quarterly analysis

Operations

Q1 2026
Q1 Revenue ↑ 65.9% YoY $676.8M
Segments
New Construction 96.1%
Existing Infrastructure 3.7%
Other 0.2%

Key Earnings Driver

New Construction New Construction revenue increased 72.5% to $650.7M and Existing Infrastructure revenue declined 5.8% to $25.0M. Management attributed the significant increase in New Construction revenue to backlog realization, supported by productivity gains from continued strong project execution and seasonally favorable weather conditions in key regions.

Key Operating Metrics¹

METRIC

STATUS

New Construction↑ 72.5%

🟢 Scaling

Key Financial Metrics

Gross Margin 17.60% +3.1 pp YoY
Backlog / Revenue 1,211.9% 12.11x Qtr Rev
CapEx Intensity 1.54% 0.01x Revenue

Sources: SOLV Energy Q1 2026 Financial Results — Company Website, SOLV Energy Q1 2026 Form 10-Q — SEC Filing, SOLV Energy Q1 2026 Quarterly Report — SEC Filing

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.