Forgent Power Solutions Reports Strong Q2 2026 Financial Results and Raises Guidance

Summary

Forgent Power Solutions, Inc. reported a significant increase in revenues, bookings, and backlog for the second fiscal quarter of 2026. The company's revenues grew by 69% year-over-year to $296 million, with bookings increasing by 268% to $762 million. The backlog reached $1.5 billion, reflecting a 100% year-over-year increase. Forgent also raised its full-year fiscal 2026 guidance, anticipating revenues between $1,275 to $1,325 million, representing 73% year-over-year growth at the midpoint. Adjusted EBITDA is expected to range from $300 to $310 million, and adjusted net income is projected to be between $190 to $200 million.