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Forgent Power Solutions Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Forgent Power Solutions holds $1.9B in total assets. Shareholders' equity is $446.5M against $707.6M in total debt. Cash and equivalents total $93.8M. The current ratio is 1.64 and debt-to-equity is 1.58. Based on the Q1 2026 filing.

Total Assets$1.9BTotal Stockholders Equity$446.5MLong Term Debt$578.1MCash And Equivalents$93.8MTotal Current Assets$607.4MTotal Current Liabilities$370.2M
Latest FilingQ1 2026
Report Date2026-05-14
Market Cap$10.6B
P/E Ratio257.52
ROE9.18%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable—$11.5M$61.9M—$72.5M$104.7M
Accrued compensation——$20.4M—$27.6M$37.1M
Accrued interest——$5.0M—$1.4M$4.4M
Other Commercial Liabilities——$79.5M—$106.1M$116.6M
Commissions and Contract Termination Costs——$2.8M—$4.1M$4.8M
Accrued Liabilities, Current——$79.5M—$106.1M$116.6M
Current portion of accrued product warranty——$2.7M—$4.8M$9.7M
Current portion of long-term debt——$5.2M—$4.5M$6.0M
Deferred revenue——$110.9M—$154.9M$133.5M
Income taxes payable——$11.6M—$16.2M$15.0M
Operating lease liabilities, current——$6.9M—$7.8M$8.3M
Total current liabilities——$281.7M—$346.9M$370.2M

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net—$18.5M$161.8M—$253.3M$277.6M
Allowance for Doubtful Accounts——$1.9M—$2.3M$3.0M
Cash and cash equivalents$215.8M$175.3M$111.3M—$106.2M$93.8M
Deposits Assets, Current——$34.9M——$33.7M
Other current assets——$10.5M—$12.8M$13.8M
Finished goods——$11.2M—$13.5M$10.5M
Work in process——$23.5M—$33.7M$31.9M
Inventories—$18.8M$117.6M—$160.5M$179.5M
Other Inventory, Net——$2.7M—$5.0M$6.3M
Prepaid expenses and other current assets—$8.0M$56.3M—$59.9M$59.5M
Total current assets——$445.1M—$577.6M$607.4M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital—————$420.5M
Members Equity——$374.5M—$385.5M—
Retained earnings—————$26.0M
Total liabilities and stockholders' equity——$1.5B—$1.7B$1.9B
Total stockholders' equity—————$446.5M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis——$115.5M—$171.7M$198.4M
Professional service fees——$5.3M—$7.1M$11.1M
Accrued purchases——$5.2M—$12.0M$13.2M
Accrued rebates——$1.9M—$3.7M$4.1M
Accrued sponsor fees and expenses——$11.0M—$13.0M$0.0
Allowance for doubtful accounts——$1.9M—$2.3M$3.0M
Percentage of cash tax savings payable to certain sellers of prior acquisitions————100.0%100.0%
Business Combination, Contingent Consideration, Liability, Current——$17.2M——$1.1M
Number of votes per common share held—————1.00
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net——$9.0M—$16.5M$15.9M
Deferred income taxes——$63.3M—$64.2M$0.0
Unrecognized compensation cost related to non-vested awards————$12.4M$18.7M
Finite-Lived Intangible Assets, Accumulated Amortization——$78.8M—$104.2M$115.9M
Gross Carrying Amount——$416.1M—$416.2M$416.2M
Raw materials——$85.5M—$118.4M$143.4M
Limited Liability Company (LLC) Members' Equity, Including Portion Attributable to Noncontrolling Interest$607.6M$616.4M$573.3M$588.0M$589.5M—
Non-controlling interests——$198.8M—$204.0M—
Noncontrolling interests in subsidiaries—————$136.1M
Number of board of directors classes—————3.00
Other accrued liabilities——$13.7M—$16.1M$17.4M
Preferred Stock, Par or Stated Value Per Share—————$0.00
Preferred Stock, Shares Authorized—————20M
Prepaid expenses——$10.9M—$10.2M$12.0M
Payable pursuant to the Tax Receivable Agreement——$0.0——$207.3M
Percentage of amount of tax savings due to equity owners under agreement—————85.0%

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets——$63.3M—$64.2M$2.8M
Deferred Tax Assets and Other Non-Current Assets——$11.7M—$19.9M$7.2M
Goodwill——$516.6M—$516.6M$516.6M
Net Investment in Lease——$117.8M—$113.5M$110.8M
Deferred tax assets——$0.0——$131.7M
Intangible assets — net——$337.3M—$312.0M$300.3M
Operating lease right-of-use assets——$117.8M—$113.5M$110.8M
Other non-current assets——$11.7M—$19.9M$7.2M
Property, plant and equipment at cost——$115.5M—$171.7M$198.4M
Operating Lease Right-of-Use Assets in Other Assets——$117.8M—$113.5M$110.8M
Accumulated depreciation——$7.4M—$14.1M$19.1M
Property and equipment, net——$108.2M—$157.6M$179.4M
Software and Technology Licenses, Net——$11.7M—$19.9M$7.2M
Total assets——$1.5B—$1.7B$1.9B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-term debt——$496.9M—$579.0M$578.1M
Operating lease liabilities, non-current——$121.5M—$117.5M$115.1M
Operating Lease Liabilities (Total)——$128.4M—$125.3M$123.4M
Total liabilities——$963.4M—$1.1B$1.3B