Forgent Power Solutions raises full-year guidance after FQ3 revenue more than doubles

Earnings
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Forgent Power Solutions reported fiscal third-quarter 2026 revenue of $379 million, a 103% year-over-year increase, and raised its full-year guidance. The company secured $867 million in bookings during the quarter, pushing its total backlog to $1.98 billion. Net income reached $24 million, while Adjusted EBITDA rose to $85 million, reflecting a 200-basis-point sequential margin expansion. Management now projects full-year revenue between $1.35 billion and $1.39 billion and Adjusted EBITDA of $310 million to $320 million, citing capacity expansion on track to support up to $5 billion in annual revenue by year-end.

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Energy Transition & Power Demand · 1 stocks
Forgent Power Solutions, Inc.
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Forgent Power Solutions reported strong FQ3 revenue growth, raised full-year guidance, and highlighted margin expansion and capacity expansion.