Forgent Power Solutions, Inc. specializes in the engineering and manufacturing of electrical power distribution systems. These critical solutions are vital for cutting-edge ...
Forgent Power Solutions, Inc. (FPS) develops and manufactures electrical distribution systems that are used to distribute, protect, and control power in demanding environments such as data centers, power-grid applications, and industrial facilities with high power needs. The company’s offerings are focused on power infrastructure components—particularly equipment for switching, transformation, and ...Forgent Power Solutions, Inc. (FPS) develops and manufactures electrical distribution systems that are used to distribute, protect, and control power in demanding environments such as data centers, power-grid applications, and industrial facilities with high power needs. The company’s offerings are focused on power infrastructure components—particularly equipment for switching, transformation, and distribution—along with specialized enclosures and integrated power solutions.
From a products and services perspective, Forgent’s portfolio includes multiple categories of switchgear (including low-voltage and medium-voltage configurations, and paralleling solutions), transformers (including low-voltage and medium-voltage variants such as VPI, padmount, PDU, and substation-related types), and power distribution units (PDUs). The company also provides engineered enclosures such as gear eHouses and UPS eHouses, and power-related systems such as automatic transfer switches (ATS), generator connection cabinets, panelboards, power skids, remote power panels, switchboards, and tap boxes. In addition to manufacturing, Forgent supports customers through lifecycle services—maintenance, testing, repairs, system modernization, start-up and commissioning, and aftermarket retrofit services—which helps customers maintain reliability and upgrade legacy infrastructure.
Business model-wise, FPS is positioned as a supplier where customers value engineering capability, compatibility with site-specific power architectures, and delivery/installation support—factors that can influence project-based ordering and recurring aftermarket revenue opportunities. Product mix typically spans engineered electrical components and system-level assemblies; this implies bill-of-material complexity (e.g., assemblies incorporating conductors, protection devices, bus structures, enclosures, thermal/insulation elements, and control interfaces) and the need for quality and testing processes appropriate for critical power applications.
Financially, the provided data indicates the company has been operating with revenue tied to infrastructure demand cycles and carries aftermarket and manufacturing dynamics. The dataset also shows moderate gross profitability and positive operating return on assets in the trailing-twelve-month snapshot, while free cash flow appears negative in that snapshot—consistent with capital intensity, working-capital needs, or investment/transition costs associated with industrial manufacturing scale-up and growth.
Key people include CEO and Director Gary John Niederpruem, who leads the company’s growth and performance across data centers, the grid, renewables and manufacturing markets. The company is headquartered in Dayton, Minnesota. Founded in 2023 (with later corporate structuring/incorporation details referenced in filings), Forgent has positioned itself as a platform brand focused on delivering electrical distribution equipment for the power infrastructure of the future, including continued emphasis on introducing new products and solutions for data center applications.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$753.2M
+315.4%
+27.8%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$15.2M
+185.3%
+7333.7%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+36.9%
-1.2%
+4.5%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
+9.6%
+465.7%
+140.8%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
+2.0%
+120.5%
+5718.2%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-39.1M
-418.7%
+104.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-5.2%
-24.9%
+103.2%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
168.3%
+66.6%
-13.8%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.58x
-22.7%
-1.4%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.