Forgent Power Reports Record Q4 Revenue with 94% Year-over-Year Growth
Key Facts
Amid surging demand for power infrastructure and data centers, Forgent Power Solutions announced record financial results for its fiscal fourth quarter and full year 2026. According to reports, the company generated $462 million in revenue during Q4, representing a significant 94% increase compared to the prior year's quarter. This growth was primarily driven by robust demand for electrical distribution equipment across industrial facilities and power grids.
The company successfully exceeded the high-end of its own financial guidance, supported by strong momentum in the data center sector. Forgent enters fiscal 2027 with an all-time high backlog, providing strong forward visibility for its operations. Per market data, this performance reflects the company's ability to capitalize on the ongoing expansion of energy sectors and industrial growth.
The stock FPS closed at $28.64 (close September 14, 2026), having reached a day high of $30.08 and a low of $27.99. Looking at the economic calendar, there are no immediate upcoming catalysts for the company, but investors remain focused on global industrial production and inflation trends to gauge the sustainability of demand for power solutions.