Forgent Power Solutions, Inc. (New York Stock Exchange:FPS)
Insiders here have filed 4 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $1.42B
- Net income
- $81.8M
- Net margin
- 5.8%
A manageable debt load.
- Total debt
- $703.8M
- Cash
- $121.7M
- Net debt / EBITDA
- 2.44x
Comfortably covers what is due within a year.
- Current assets
- $818.1M
- Current liabilities
- $531.3M
- Current ratio
- 1.54
Roughly cash-neutral.
- Operating cash flow
- $88.9M
- Free cash flow
- -$27.0M
- FCF margin
- -1.9%
Heavy dilution — shareholders are paying for the business.
- Shares outstanding
- 304.4M
- Share growth (1y)
- 31.9%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
FPS Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q3 2024 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Sep 30, 2024 |
| Revenue | 461.67 M | 378.71 M | 296.40 M | 283.27 M | 237.61 M | 154.01 M |
| Revenue Growth (YoY) | 94.30 % | 145.89 % | — | — | — | — |
| Cost of Revenue | 307.13 M | 260.86 M | 208.17 M | 198.53 M | 157.91 M | 87.57 M |
| Gross Profit | 154.54 M | 117.85 M | 88.23 M | 84.75 M | 79.70 M | 66.44 M |
| SG&A Expense | 62.13 M | 56.05 M | 68.14 M | 53.58 M | 94.04 M | 26.15 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 62.13 M | 56.05 M | 68.14 M | 53.58 M | 107.09 M | 43.84 M |
| Operating Income | 92.41 M | 61.81 M | 20.09 M | 31.16 M | -27.39 M | 22.60 M |
| Pretax Income | 80.52 M | 28.88 M | -491.00 K | 18.49 M | -37.09 M | 8.55 M |
| Tax Provision | 14.43 M | 4.40 M | -400.00 K | 2.93 M | -5.95 M | 1.21 M |
| Net Income | 53.30 M | 18.29 M | 246.00 K | 10.01 M | -23.93 M | 6.28 M |
| EPS (Basic) | 0.18 | 0.06 | 0.00 | 0.04 | -0.10 | 0.03 |
| EPS (Diluted) | 0.18 | 0.06 | 0.00 | 0.04 | -0.10 | 0.03 |
| Shares Outstanding | 304.43 M | 304.43 M | 304.43 M | 230.85 M | 230.85 M | 230.85 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.