Filing Flows › Forgent Power Solutions (FPS) › Q4 FY26 › vs Q3 FY26
Forgent Power Solutions (FPS) Q4 FY26 vs Q3 FY26 (quarter over quarter)
Forgent Power Solutions's revenue rose $83.0M (+22%) from $379M in Q3 FY26 to $462M in Q4 FY26. The biggest changes: Powertrain solutions +$47.8M (+48%); Custom products +$32.2M (+12%); Services +$5.0M (+69%). Gross margin 36.1% against 34.6% (+1.5 pts).
Forgent Power Solutions, Q4 FY26: revenue $462M (+94% year over year), operating margin 19.9%, net earnings $53.3M, operating cash flow $73.9M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Gross margin | 36.1% | 34.6% | +1.5 pts |
| Operating margin | 19.9% | 10.4% | +9.5 pts |
| Net margin | 11.5% | 4.8% | +6.7 pts |
| Free cash flow margin | 9.2% | 0.2% | +9.0 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Custom products | $292M | $259M | $32.2M | +12% |
| Powertrain solutions | $147M | $98.9M | $47.8M | +48% |
| Services | $12.3M | $7.3M | $5.0M | +69% |
| Standard products | $11.2M | $13.2M | −$2.0M | -15% |
| Revenue | $462M | $379M | $83.0M | +22% |
| Gross profit | $167M | $131M | $35.5M | +27% |
| Cost of revenue | $295M | $248M | $47.5M | +19% |
| Operating profit | $91.9M | $39.3M | $52.6M | +134% |
| Operating expenses | $74.8M | $91.9M | −$17.1M | -19% |
| Pre-tax earnings | $80.5M | $28.9M | $51.6M | +179% |
| Other expense, net | $11.4M | $10.5M | $921K | +9% |
| SG&A | $62.6M | $78.5M | −$15.9M | -20% |
| Other operating costs | $12.2M | $13.3M | −$1.2M | -9% |
| Net earnings | $53.3M | $18.3M | $35.0M | +191% |
| Minority interests | $12.8M | $6.2M | $6.6M | +107% |
| Income tax | $14.4M | $4.4M | $10.0M | +228% |
| Depreciation & amortization | $16.5M | $18.2M | −$1.7M | -9% |
| Share-based compensation | $4.5M | $3.4M | $1.1M | +34% |
| Working capital & other | $383K | $10.6M | −$10.2M | -96% |
| Operating cash flow | $73.9M | $29.2M | $44.7M | +153% |
| Free cash flow (OCF − capex) | $42.6M | $937K | $41.7M | 45× |
| Capital expenditures | $31.3M | $28.2M | $3.1M | +11% |
Questions
How much did Forgent Power Solutions's revenue grow quarter over quarter in Q4 FY26?
Forgent Power Solutions's revenue rose $83.0M (+22%) from $379M in Q3 FY26 to $462M in Q4 FY26.
What drove Forgent Power Solutions's revenue change in Q4 FY26?
Powertrain solutions +$47.8M (+48%); Custom products +$32.2M (+12%); Services +$5.0M (+69%).