Forgent Power Solutions, Inc. · NYSE:FPS

Forgent Power Solutions — Q3 2026 Earnings Presentation

23 slides from Forgent Power Solutions's earnings presentation, May 14, 2026

  1. Slide 1: Third Quarter 2026 Financial Results

    THIRD QUARTER 2026 FINANCIAL RESULTS May 14, 2026

  2. Slide 2: Important Notice and Disclaimers

    IMPORTANT NOTICE AND DISCLAIMERS Cautionary Note Regarding Forward-Looking Statements This presentation and accompanying webcast contain forward-looking statements that are based on our management’s beliefs, expectations and assumptions and currently available information. Forward-looking statements

  3. Slide 3: Agenda

    AGENDA Q3-FY2026 Earnings Presentation 01 Q3 Business Update 02 Q3 Financial Summary 03 Updated FY2026 Guidance ©2026 Forgent. All rights reserved. 3

  4. Slide 4: Q3 Business Update

    Q3 BUSINESS UPDATE

  5. Slide 5: Fiscal Q3 Financial Highlights

    FISCAL Q3 FINANCIAL HIGHLIGHTS Three Months Ended March 31, 2026 +103% +96% 22.4% +132% Revenues Adj. EBITDA (1) Adj. EBITDA Margin(1) Adj. Net Income (1) $379M $85M +200 bps QoQ $55M Note: Percent changes represent the year-over-year increase versus the three-months period ended March 31, 2025. 1)

  6. Slide 6: Key Fiscal Q3 Messages

    KEY FISCAL Q3 MESSAGES Raising FY2026 guidance, reflecting accelerating demand and increased revenue visibility Robust fundamentals across our core data center and grid markets supporting sustained strong market growth Differentiated value proposition is driving share gains that compound our growth

  7. Slide 7: Record Orders and Backlog

    RECORD ORDERS AND BACKLOG Bookings(1) Book-to-Bill Ratio(2) Backlog ($ in millions) ($ in millions) $867 2.6x $1,981 $762 2.3x $1,493 1.1x $771 +14% QoQ -11% +58% QoQ QoQ Growth +33% QoQ $212 +308% YoY +101% +118% YoYYoY Growth 157% YoY Q3-FY25 Q2-FY26 Q3-FY26 Q3-FY25 Q2-FY26 Q3-FY26 Q3-FY25 Q2-FY26

  8. Slide 8: Raising Fiscal 2026 Guidance

    RAISING FISCAL 2026 GUIDANCE Revenues Adjusted EBITDA(1) Adjusted Net Income(1) ($ in millions) ($ in millions) ($ in millions) +82% $1,350 - $1,390 +86% $310 - $320 +128% $197 - $207 $169 $753 $89 FY25- FY25 FY26 -FY26 Updated FY25 FY25- FY26 - Updated FY26 FY25 FY25- FY26 FY26 - Updated Actual Act

  9. Slide 9: Continuing to Deliver on Growth Strategy

    CONTINUING TO DELIVER ON GROWTH STRATEGY Powertrain Solutions Revenues Average Customer Spend Key Takeaways ($ in millions) ($ in thousands)  Successfully broadening customer $1,467 engagement across the product portfolio $99 − Using comprehensive powertrain expertise to drive cross-selling $1,222

  10. Slide 10: Powertrain Solutions Win

    POWERTRAIN SOLUTIONS WIN New customer win underscores significant Powertrain Solutions potential Why Forgent Won Customer and Timing Multiple Integrated Products  Upfront design engagement and credibility Data Center  Engineering expertise that solved for unique End Market technical specifications

  11. Slide 11: Multi-Site Win

    MULTI-SITE WIN Repeat customer win that expands product categories to multiple sites Why Forgent Won Customer and Timing Multiple Site Locations  Proven ability to execute from previous MV transformer order Data Center End Market  Engineering expertise that solved the customer’s problems  Timelin

  12. Slide 12: Margin Expansion Potential

    MARGIN EXPANSION POTENTIAL % of Revenues Key Takeaways 2Q-FY26 3Q-FY26 Change (bps)  Gross margins remain impacted by growth-related costs—under absorbed labor, under absorbed fixed overhead and one-time startup costs at new facilities—but those headwinds are beginning to moderate − Growth-related

  13. Slide 13: Beginning Transition to FCF Generation

    BEGINNING TRANSITION TO FCF GENERATION Operating Cash Flow Capital Expenditures ($ in millions) ($ in millions) $28 $29 $19 ~1% of Revenues Q3-FY25 Q3-FY26 Expected Run-Rate -$8 Q3-FY25 Q3-FY26 Cash flow from operations increased $35+ million Completion of our manufacturing expansion plan will year-

  14. Slide 14: Q3 Financial Summary

    “= FORGENT Q3 FINANCIAL SUMMARY

  15. Slide 15: Q3 Revenues

    Q3 REVENUES Revenues • Add header here ($ in millions) Commentary  Revenues increased 103% to $379M +103% − Growth accelerated both year-over-year and quarter-over-quarter; 100% organic $379 − Reflects both market growth and share gains − Enabled by successful production ramps at new facilities − L

  16. Slide 16: Q3 Adjusted EBITDA

    Q3 ADJUSTED EBITDA Adjusted EBITDA(1) • Add header here ($ in millions) Commentary  Adjusted EBITDA grew 96% to $85M(1) +96% $85 − Gross profit increased 92% YoY driven by strong revenue growth − SG&A increased 145% YoY, reflecting investments in sales, operations, and engineering to support growth

  17. Slide 17: Updated FY2026 Guidance

    UPDATED FY2026 GUIDANCE

  18. Slide 18: Fiscal 2026 Fourth Quarter Outlook

    FISCAL 2026 FOURTH QUARTER OUTLOOK Revenues Adjusted EBITDA(1) Adjusted Net Income(1) ($ in millions) ($ in millions) ($ in millions) +73% $392 - $432 +145% $100 - $110 +258% $67 - $77 $238 $43 $20 Q4-25 Q4-FY25 Q4-26 Q4-FY26 Q4-25 Q4-FY25 Q4-26 Q4-FY26 Q4-25 Q4-FY25 Q4-26 Q4-FY26 % Margin 18.0% 25.

  19. Slide 19: Updated Fiscal 2026 Full-Year Outlook

    UPDATED FISCAL 2026 FULL-YEAR OUTLOOK Revenues Adjusted EBITDA(1) Adjusted Net Income(1) ($ in millions) ($ in millions) ($ in millions) +82% $1,350 - $1,390 +86% $310 - $320 +128% $197 - $207 $753 +$70M vs. $169 +$10M vs. +$7M prior prior $89 vs. prior guidance guidance guidance FY25 FY26 FY25 FY26

  20. Slide 20: Appendix

    APPENDIX @2026 Forgent. All rights reserved.

  21. Slide 21: Adjusted EBITDA and Adjusted EBITDA Margin

    ADJUSTED EBITDA AND ADJUSTED EBITDA MARGIN Non-GAAP Financial Measures The table below reconciles Net Income (the most directly comparable GAAP measure) to Adjusted EBITDA (a non-GAAP measure) for the periods presented (in thousands): Three Months Three Months Ended March 31 Ended December 31 2026 2

  22. Slide 22: Adjusted Net Income

    ADJUSTED NET INCOME Non-GAAP Financial Measures The table below reconciles Net Income (the most directly comparable GAAP measure) to Adjusted Net Income (a non-GAAP measure) for the periods presented (in thousands): Three Months Ended March 31 2026 2025 Net Income $ 24,475 $8,439 Amortization of int

  23. Slide 23: investors@forgent.com

    investors@forgent.com ©2026 Forgent. All rights reserved.

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