Forgent Power Solutions, Inc. FPS

Forgent Power Solutions' strongest current fact is not a slogan but a filed quarter: SEC EDGAR financials for the 10-Q period ending 2026-03-31 show $378.7M of revenue, $39.3M of operating income and $18.3M of net income attributable to parent. The same source shows $35.2M of net cash provided by operating activities, $93.8M of cash and cash equivalents, and $84.6M of payments to acquire property, plant and equipment. This is an equity story with real manufacturing weight, not just a ticker waiting for a theme.

The company describes itself through Custom Products and Powertrain Solutions. The 424B4 says Forgent specialises in engineered-to-order products for technically demanding applications, including data centre power distribution, utility substations and energy-intensive manufacturing. It also says fiscal 2025 revenue came about 78% from Custom Products, 13% from Powertrain Solutions, 5% from Standard Products and 4% from services. That mix puts the operating question on execution, capacity, shipment timing and customer demand rather than on a single consumer launch.

The latest supplied 10-Q rail says revenue growth was driven by higher sales of Custom Products and Powertrain Solutions, with growing demand across end markets, particularly data centre and grid customers, and new campuses commencing production. It also says no customer represented more than 10% of revenue during the nine months ended March 31, 2026. Balance-sheet scale is material: assets were $1.85B, liabilities were $1.27B and stockholders' equity attributable to parent was $446.5M for the same period. Diluted weighted average shares outstanding were 233.9M.

No chart route is supplied in this evidence pack, so the market context here has to come from the filing route rather than invented price levels. The public source rail consists of SEC EDGAR pages, the SEC submissions JSON, the SEC companyfacts JSON, the May 14, 2026 10-Q and 8-K, the March 16, 2026 10-Q, the May 28, 2026 EFFECT and S-1MEF, the June 1, 2026 424B4 and three June 3, 2026 Form 4 ownership filings. That is a filing trail-heavy month, but the operating mechanism still turns on shipped or delivered products, customer-specific power equipment and capital spending.

What changed in the supplied public record is clear: Forgent announced third fiscal quarter results on May 14, 2026, then moved through registration and prospectus filings around May 28 and June 1, followed by Form 4 ownership filings on June 3. What the rail does not prove is equally important. It does not provide a current share price, trading volume, guidance, dividend, buyback, order backlog, customer names, margin bridge or management commentary beyond the supplied filing excerpts. A deeper file would need those source-backed items, but the present evidence already shows an operating company with demand-linked revenue, inventory growth, capital expenditure and public-market filing activity in close view.