Latest Forgent Power News & Updates

See the latest news and media coverage for Forgent. We track all announcements, press releases, and industry mentions in real time, all in one place.

Forgent Power (Forgent)

Electrical distribution equipment and solutions provider

forgentpower.com

Headquarters: Dayton, United States
Company type: Private company
Number of employees: 1,000–5,000

Last updated Today

Latest news about Forgent Power (Forgent)

In short: Forgent achieved record third-quarter growth, raised its full-year guidance, and completed a $2.14 billion follow-on equity offering.

Company announcements

June 29 Forgent

Forgent announces public offering of Class A common stock

The offering includes 35 million shares from selling stockholders and the company, with proceeds used to redeem interests.

May 26 Forgent

Forgent announces public offering of Class A common stock

The offering includes 23.7M shares from selling stockholders and 11.3M from Forgent, with proceeds to redeem subsidiary interests.

May 26 Forgent

Forgent repriced its Senior Credit Facilities

The interest rate was reduced from SOFR plus 300 basis points to SOFR plus 225 basis points, saving approximately $4.5 million annually.

May 14 Forgent

Forgent reports Q3 2026 results and raises full-year guidance

Revenue grew 103% to $379 million, bookings surged 308% to a record $867 million, and net income increased 190%. The company raised its 2026 guidance to $1.35-$1.39 billion.

Media coverage

June 17 Yahoo Finance

Forgent Power Solutions (FPS) Reports FQ3 2026 Revenue and Bookings

Forgent Power Solutions Inc. (NYSE:FPS) is one of the best young stocks to invest in according to hedge funds. On May 14, Forgent Power Solutions...

May 15 Seeking Alpha

Forgent projects $1.35B-$1.39B FY 2026 revenue with Q4 adjusted EBITDA of $100M-$110M

"For the fourth quarter of fiscal 2026, we expect revenues of $392 million to $432 million" and "adjusted EBITDA of $100 million to $110 million...

March 24 Bloomberg

Forgent, Backer Offer Stock After Price Doubles Since IPO

Forgent Power Solutions Inc. and its private equity backer Neos Partners LP are offering to sell about 35 million shares, marking the third stock sale...

February 12 Yahoo Sports

Forgent’s IPO is ‘bringing sexy back’ to the electrical equipment helping power the AI boom, CEO says

The data center and power sectors are booming because of the global AI race but, quietly, so too is...

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