Filing Flows › Forgent Power Solutions (FPS) › Q3 FY26 › vs Q3 FY25
Forgent Power Solutions (FPS) Q3 FY26 vs Q3 FY25 (year over year)
Forgent Power Solutions's revenue rose $192M (+103%) from $186M in Q3 FY25 to $379M in Q3 FY26. The biggest changes: Custom products +$117M (+82%); Powertrain solutions +$70.5M (+248%); Standard products +$4.6M (+53%). Gross margin 34.6% against 36.6% (-2.0 pts).
Forgent Power Solutions, Q3 FY26: revenue $379M (+103% year over year), operating margin 10.4%, net earnings $18.3M, operating cash flow $29.2M. The chart draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 34.6% | 36.6% | -2.0 pts |
| Operating margin | 10.4% | 12.0% | -1.6 pts |
| Net margin | 4.8% | 3.7% | +1.1 pts |
| Free cash flow margin | 0.2% | -14.1% | +14.3 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Custom products | $259M | $142M | $117M | +82% |
| Powertrain solutions | $98.9M | $28.4M | $70.5M | +248% |
| Standard products | $13.2M | $8.6M | $4.6M | +53% |
| Services | $7.3M | $7.0M | $286K | +4% |
| Revenue | $379M | $186M | $192M | +103% |
| Gross profit | $131M | $68.2M | $63.0M | +92% |
| Cost of revenue | $248M | $118M | $129M | +110% |
| Operating profit | $39.3M | $22.4M | $16.9M | +76% |
| Operating expenses | $91.9M | $45.8M | $46.1M | +101% |
| Pre-tax earnings | $28.9M | $10.3M | $18.5M | +179% |
| Other expense, net | $10.5M | $12.1M | −$1.6M | -13% |
| SG&A | $78.5M | $32.1M | $46.4M | +145% |
| Other operating costs | $13.3M | $13.7M | −$315K | -2% |
| Net earnings | $18.3M | $6.9M | $11.4M | +166% |
| Minority interests | $6.2M | $1.6M | $4.6M | +297% |
| Income tax | $4.4M | $1.9M | $2.5M | +132% |
| Depreciation & amortization | $18.2M | $14.9M | $3.3M | +22% |
| Share-based compensation | $3.4M | $367K | $3.0M | +815% |
| Working capital & other | $10.6M | $29.6M | −$19.0M | -64% |
| Operating cash flow | $29.2M | −$7.5M | $36.7M | — |
| Free cash flow (OCF − capex) | $937K | −$26.2M | $27.1M | — |
| Capital expenditures | $28.2M | $18.7M | $9.5M | +51% |
Questions
How much did Forgent Power Solutions's revenue grow year over year in Q3 FY26?
Forgent Power Solutions's revenue rose $192M (+103%) from $186M in Q3 FY25 to $379M in Q3 FY26.
What drove Forgent Power Solutions's revenue change in Q3 FY26?
Custom products +$117M (+82%); Powertrain solutions +$70.5M (+248%); Standard products +$4.6M (+53%).