Forgent Power Solutions Reports Strong Q3 2026 Results and Raises Fiscal 2026 Guidance

Summary

Forgent Power Solutions, Inc. reported a significant increase in revenues, bookings, backlog, and net income for the third fiscal quarter of 2026. The company's revenues grew by 103% year-over-year to $379 million, with bookings at a record high of $867 million. The backlog reached $1.98 billion, reflecting a 157% year-over-year increase. Net income rose by 190% to $24 million. The company also raised its fiscal 2026 guidance, anticipating revenues between $1,350 to $1,390 million and Adjusted EBITDA between $310 to $320 million.