Forgent Power Solutions reported fiscal fourth quarter and full year 2026 results that exceeded the high end of management's previous guidance. The company is experiencing accelerating demand for custom-engineered electrical distribution equipment, particularly within the data center and power grid segments, which drove a record book-to-bill ratio of 3.3x in the quarter.
Key Highlights
- Quarterly revenues surged 94% year-over-year to $461.7 million, outperforming analyst expectations by over $30 million.
- Record quarterly bookings of $1.5 billion expanded the total backlog to $3.0 billion, representing a 256% increase compared to fiscal year-end 2025.
- Adjusted EBITDA margin reached 24.4%, a sequential expansion of 200 basis points as recently completed manufacturing campuses approached target production rates.