Forgent Power Solutions
FPS · NYSEElectrical Industrial Apparatus · Fiscal year ends Jun 30
Forgent Power Solutions reported revenue of $1.4B in the fiscal year ended Jun 2026, up 88.5% from the year before. Operating income was $182M, an operating margin of 12.9%, and net income was $82M. Operating cash flow of $109M less capital expenditure of $116M left free cash flow of −$7M. Net debt was $485M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Jun 2025 | Jun 2026 |
|---|---|---|
| Revenue | $753M | $1.4B |
| Cost of revenue | $475M | $922M |
| Gross profit | $278M | $498M |
| Selling, general & admin | $146M | $263M |
| Operating income | $72M | $182M |
| Interest expense | $55M | $57M |
| Pre-tax income | $23M | $127M |
| Income tax | $5M | $21M |
| Net income | $15M | $82M |
Balance sheet
| Fiscal year | Jun 2025 | Jun 2026 |
|---|---|---|
| Cash & equivalents | $111M | $97M |
| Receivables | $160M | $330M |
| Inventory | $118M | $250M |
| Current assets | $445M | $818M |
| Net PP&E | $108M | $205M |
| Goodwill | $517M | $517M |
| Total assets | $1.5B | $2.2B |
| Payables | $62M | $130M |
| Deferred revenue | $111M | $264M |
| Current liabilities | $282M | $531M |
| Short-term debt | $5M | $6M |
| Long-term debt | $497M | $576M |
| Total liabilities | $963M | $1.6B |
| Shareholders' equity | – | $564M |
Cash flow
| Fiscal year | Jun 2025 | Jun 2026 |
|---|---|---|
| Operating cash flow | $45M | $109M |
| Capital expenditure | $84M | $116M |
| Free cash flow | −$39M | −$7M |
| Depreciation & amortisation | $65M | $67M |
| Stock-based compensation | $2M | $10M |
| Acquisitions | $0 | $0 |
Key ratios
| Fiscal year | Jun 2025 | Jun 2026 |
|---|---|---|
| Revenue growth (YoY) | – | 88.5% |
| Operating income growth (YoY) | – | 152.6% |
| Gross margin | 36.9% | 35.0% |
| Operating margin | 9.6% | 12.9% |
| Net margin | 2.0% | 5.8% |
| Return on equityBlank when equity is negative | – | 14.5% |
| ROCEEBIT ÷ (assets − current liabilities) | 5.8% | 10.7% |
| Free cash flow margin | −5.2% | −0.5% |
| Cash conversion (CFO ÷ net income) | 2.96x | 1.33x |
| Receivable days | 78 | 85 |
| Inventory days | 90 | 99 |
| Payable days | 48 | 52 |
| Interest cover | 1.32x | 3.19x |
| Debt ÷ equity | – | 1.03x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $391M | $485M |
| Current ratio | 1.58x | 1.54x |
Recent filings
More in Electrical Industrial Apparatus
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.