Forgent Power Solutions Q1 FY2027 Results and FY2027 Outlook
Forgent Power Solutions, Inc. (NYSE: FPS) announced its first‑quarter fiscal 2027 results for the quarter ended 30 September 2026. Adjusted earnings per share were $0.24 on revenue of $479 million, representing a 69 % increase year‑on‑year from $283 million in the comparable prior‑year quarter. Net income for the quarter was $55 million, up 252 % YoY, and adjusted EBITDA reached $105 million, a 61 % rise. The company reported a net‑income margin of 11.5 % and an adjusted EBITDA margin of 21.9 % for the quarter.
Cash flow from operations improved to $136 million, an increase of $130 million versus the prior year. Capital expenditures for the quarter were $32 million, directed toward expanding manufacturing capacity.
Guidance for the full fiscal year 2027 was raised. Adjusted EPS is now projected in a range of $1.30 to $1.44, with a midpoint of $1.37, which is slightly below the analyst consensus of $1.39. Full‑year revenue guidance was increased to a range of $2.45 billion to $2.65 billion, with a midpoint of $2.55 billion, marginally trailing the consensus estimate of $2.54 billion.
Chief Executive Officer Gary Niederpruem said the company’s strong first‑quarter commercial and operational execution, together with a backlog that fully covers the FY2027 outlook, justifies the higher guidance. He highlighted robust customer demand and successful production‑ramp execution as drivers of confidence in the raised outlook.
Following the release, Forgent Power’s shares declined 4.35 % in pre‑market trading.