Forgent reports Q4 2026 earnings with $462M revenue, guides FY27 up to $3B
Summary
Forgent reported strong financial results for Q4 2026, with revenue reaching $462 million, surpassing estimates and reflecting a 94% year-over-year increase. The company's adjusted EBITDA also exceeded expectations at $113 million, up 163% year-over-year. Additionally, Forgent’s Powertrain Solutions segment showed remarkable growth, contributing to a backlog of $3 billion, which is up 256% from the previous year. This performance reflects the company’s success in capitalizing on industry growth and gaining market share, prompting plans for an expansion of production capacity in Tijuana to meet rising demand.
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$FPS
Analysis
Forgent: Forgent is a company specializing in powertrain solutions along with related industrial power equipment such as e-Houses and power skids. The firm operates in sectors tied to energy infrastructure and industrial applications where demand for customized power systems has been rising. In its Q4 2026 results, Forgent highlighted outperformance versus guidance, attributing gains to both industry tailwinds and increased market share, while announcing further production expansion in Tijuana. Earnings Beat: Forgent exceeded the high end of its prior May guidance across revenue, adjusted EBITDA, and adjusted net income for the quarter. Segment Strength: Forgent's Powertrain Solutions business delivered outsized growth relative to the broader market in the most recent fiscal year. Capacity Expansion: The company announced incremental dedicated e-House and Powerskid production capacity in Tijuana to support growing demand.
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tech