Forgent Power Solutions Guides FY2026 Revenue to $1.35–$1.39B on AI Data Center Demand
Forgent Power Solutions issued FY2026 revenue guidance of $1.35–$1.39B, an 82% year-over-year increase, after Q3 revenue reached $378.7M, up 103% Y/Y, driven by AI infrastructure buildouts.
Forgent Power Solutions issued fiscal 2026 revenue guidance of $1.35 billion to $1.39 billion, an 82% increase year-over-year, and projected Adjusted EBITDA of $310 million to $320 million, targeting a 23% margin. The guidance follows third-quarter fiscal 2026 revenue of $378.7 million, up 103% from the prior-year period, as hyperscale and colocation customers accelerated orders for custom electrical distribution equipment.
Bookings in the quarter rose 308% year-over-year, pushing the company's backlog to $1.98 billion, nearly triple the level twelve months earlier. Management attributed the surge to AI-driven data center construction, where power capacity has emerged as the binding constraint on new facility timelines. Forgent manufactures switchgear, transformers, and bus duct systems engineered for megawatt-scale loads, a segment where lead times have stretched beyond twelve months industrywide.
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