Filing Flows › Forgent Power Solutions (FPS) › Q2 FY26
Forgent Power Solutions (FPS) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Mar 16, 2026
Forgent Power Solutions (FPS) reported revenue of $296M for the second quarter fiscal 2026 (Q2 FY26), +69% from a year earlier. Operating margin was 6.8%, net loss $91K (0.0% of revenue).
Forgent Power Solutions, Q2 FY26: revenue $296M (+69% year over year), operating margin 6.8%, net loss $91K. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $296M | — | +69% |
| Operating profit | $20.1M | — | — |
| Net earnings | −$91K | — | — |
What changed
Revenue was $296.4M in Q2 FY26, up 69% year over year. Custom products was the largest line at 79% of revenue. Custom products added $87.4M year over year (up 59%), 72% of the total change.
Gross margin was 34.3%, down 2.0 points from a year earlier. Operating profit was $20.1M, a 6.8% margin (down 4.0 points year over year). Of the extra revenue versus a year earlier, 1% reached operating profit, below the 11% margin then. Operating expenses grew 82% against revenue growth of 69%. The fastest-growing cost line was SG&A (+130%). The quarter ended with a net loss of $91K. Minority interests bore $337K of it: to shareholders the quarter was a profit of $246K. Net interest and other expense of $20.6M was the main reason.
Questions
What was Forgent Power Solutions' revenue in the second quarter fiscal 2026?
Forgent Power Solutions (FPS) reported revenue of $296M for the second quarter fiscal 2026 (Q2 FY26), +69% from a year earlier.
Was Forgent Power Solutions profitable in the second quarter fiscal 2026?
Operating profit was $20.1M (6.8% of revenue) and net loss $91K.