Forgent Power Solutions IPO: revenue, profit and offering terms from its S-1
Forgent Power Solutions priced its IPO at $27 a share on 6 Feb 2026 and raised $1.5 billion. Its shares trade on NYSE as FPS. Revenue was $753 million in 2025, up 56% from 2024, with a net profit of $17.4 million.
Headlines
- Revenue, 2025
- $753M
- Up 56% on the year before
- Net income, 2025
- $17M
- Revenue, 3 months to Sep 2025
- $283M
- Up 84% on a year earlier
- IPO price
- $27
- $1.5B raised
Forgent Power Solutions IPO terms
From the final prospectus (424B4).
- Exchange
- New York Stock Exchange
- Ticker
- FPS
- IPO price
- $27
- Shares offered
- 56,000,000
- Raised
- $1.5B
- Registered
- $2.4B, the amount the filing fee is paid on
- Underwriters
- Goldman Sachs & Co. LLC, Jefferies and Morgan Stanley
- First filed
- 9 Jan 2026
Forgent Power Solutions revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2024 | $483M | - | -$28M |
| 2025 | $753M | $72M | $17M |
| 3 months to Sep 2024 | $154M | - | - |
| 3 months to Sep 2025 | $283M | $31M | $16M |
Forgent Power Solutions share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 1 vote
- Employees
- 2,000
- Headquarters
- Dayton, Minnesota
Forgent Power Solutions shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $27
- Priced 6 Feb 2026
- First close
- $33.76
- +25% on the IPO price
- Latest close
- $25.12
- -7% on the IPO price
Forgent Power Solutions' IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from Forgent Power Solutions' newest prospectus (424B4 filed 6 Feb 2026) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.