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

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

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

Forgent Power Solutions (NYSE: FPS) — Company Catalyst

Finance note on company catalyst

Company Catalyst

Infrastructure Deployment Forgent’s vertical integration targets electrical equipment lead times, a constraint in power infrastructure deployment. According to a BCE assessment, FPS lead times were approximately 65% shorter for substation transformers, 34% for eHouses, 43% for medium voltage switchgear and 33% for padmount transformers versus industry averages. This accelerates data center deployment.