Forgent Power Solutions Q3 revenue rises almost 69% to $478.57 million

what happened

Forgent Power Solutions reported third-quarter 2026 revenue of $478.57 million, compared with $283.27 million a year earlier, according to TradingView, which summarized the company's 10-Q filing. Net income attributable to the company reached $48.24 million versus $10.01 million, and diluted EPS came in at $0.18. Growth was driven by higher sales of Custom Products and Powertrain Solutions, while new capacity at all campuses helped the company meet customer demand.

Gross profit rose 62%, but cost of revenues grew faster as a share of sales because of rapid headcount expansion, campus ramp-up costs and startup expenses. Capital spending was $31.7 million, mostly for capacity expansion. Lower interest expense also supported the results.

why it matters

The report points to steady demand for the company's products and a clear improvement in profitability. For investors, the key questions are whether new capacity keeps pace with orders and whether startup costs at new campuses weigh on margins in the coming quarters.

market impact

Forgent Power Solutions shares: strong revenue and profit growth supports sentiment in the stock

• ▲Forgent Power Solutions shares pressure up — revenue rose almost 69% and net income more than quadrupled

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