Forgent Power Solutions, Inc.FPS
What Forgent Power Solutions, Inc. does.
Forgent Power Solutions, Inc. is a Delaware corporation, and its shares of Class A common stock trade on the New York Stock Exchange under the symbol “FPS”. Unless the context otherwise requires, references to “we,” “us,” “our,” “Forgent,” the “Company,” and other similar references refer to Forgent Power Solutions, Inc. and, unless otherwise stated, all of its subsidiaries. References to “Existing Opco LLC Owners” refer collectively to Forgent Parent II LP and Forgent Parent III LP. For more information on the Company's initial public offering (“IPO”), reorganization transactions, and follow-on offerings, please see Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Part II of this Form 10-K.
Forgent is a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities.
Electrical distribution equipment is essential for delivering electricity safely and efficiently from power plants to homes, businesses and industrial facilities and between equipment and devices within buildings. Every power plant, utility grid, data center, manufacturing facility and commercial building requires electrical distribution equipment to operate. Because distributing electricity safely and within the parameters required for the application where it is used is fundamental, purchases of electrical distribution equipment for new facilities or to replace equipment that is at the end of its useful life are rarely, if ever, optional. Additionally, because electrical distribution equipment has a high consequence of failure, including lost revenue, equipment damage and even serious injury or death, we believe customers prioritize reliability and safety over price when they select which products to purchase.
Revenue and profit, by fiscal year.
| Fiscal year | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Revenue | — | — | $753.2M | $1.4B |
| Net income | — | — | $15.2M | $81.8M |
| Free cash flow | — | — | -$39.1M | -$6.8M |
More on FPS.
- Forgent Power Solutions, Inc. summary
- Forgent Power Solutions, Inc. financial statements
- Forgent Power Solutions, Inc. key metrics
- Forgent Power Solutions, Inc. health scores and style box
- Forgent Power Solutions, Inc. earnings
- Forgent Power Solutions, Inc. dividends
- Forgent Power Solutions, Inc. valuation
- Forgent Power Solutions, Inc. ownership and insiders
- Forgent Power Solutions, Inc. peers
Figures from Forgent Power Solutions, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.