NYSE:FPSElectrical
Record Backlog And Bold 2026 Guidance Could Be A Game Changer For Forgent Power Solutions (FPS)
Forgent Power Solutions recently reported fiscal second-quarter 2026 results, with sales rising to US$296.4 million while quarterly net income slipped to US$0.246 million versus the prior year.
The company also issued ambitious full-year 2026 revenue guidance of US$1.275–1.325 billion and highlighted a very large book-to-bill ratio of 2.6x, underpinned by strong demand from data center and power grid customers.
Next, we’ll examine how this aggressive revenue guidance and record backlog...