Episode Details

Forgent Power Solutions, Inc. (FPS) Q4 FY2026 — Verified Sep15 07:25:17 CDT early trade $30.6661, +7.07% versus Sep14 close $28.64; regular session and 10:00 CDT results call were pending at the source cutoff. Forgent has record orders and real operating growth. Customer advances fund much of the cash ramp, while the Up-C ownership and tax bridge determine how much value belongs to each economic share. THE CALL: HOLD (3/5, MODERATE) — base-case value ~$29.00 vs ~$30.67 today. KEY METRICS: - Q4 revenue $461.7M, +94.3% YoY - Q4 GAAP EPS $0.21; adjusted EPS $0.25 - Q4 operating cash $73.901M; customer-advance inflow $130.345M - FY2026 computed FCF −$6.824M after all equipment purchases - FY2027 company revenue guide $2.4–2.6B - Model economic diluted interests304.755889M; net face debt$501.023M - Base fair value$29.00; probability-weighted scenario value$29.38 What to watch: Track FY2027 revenue guide $2.4–2.6B, adjusted margins above22%, positive operating cash as advances grow slower than sales, and disciplined capex; recheck economic ownership. Full research packet: https://chargedalpha.com/research/fps-q4-fy2026 Also on YouTube: @ChargedAlpha DISCLAIMER: For informational and educational purposes only. Not financial advice. Do your own research before any investment decision.