IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — FPS

September 15, 2026View Source ↗

Forgent Power Solutions reported record fiscal fourth quarter revenues of $462 million, a 94% year-over-year increase, with net income rising to $66 million from a loss in the prior year period. Full-year revenue reached $1.42 billion, up 89%, while full-year net income grew 508% to $106 million. The company announced fiscal 2027 guidance projecting revenues between $2.4 and $2.6 billion and adjusted EBITDA of $575 to $625 million. Additionally, Forgent disclosed a $35 million investment to expand Powertrain Solutions manufacturing capacity in Tijuana, Mexico, expected to increase total revenue capacity by approximately $800 million. The company operates as a designer and manufacturer of electrical distribution equipment for data centers, the power grid, and industrial facilities.

June 26, 2026View Source ↗

On June 23, 2026, Forgent Power LLC, a subsidiary of Forgent Power Solutions, Inc., entered into Amendment No. 1 to its existing Credit Agreement. The amendment refinanced outstanding initial term loans into new refinancing term loans totaling $600,000,000 at a reduced interest rate margin. Additionally, the amendment reduced the applicable interest rate margin on existing revolving credit commitments. Under the amended terms, interest will be based on either a base rate plus a 1.25% margin or Term SOFR plus a 2.25% margin. Forgent Power Solutions, Inc. provides power solutions and energy-related services.