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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2026
Jun. 30, 2025
Current Assets    
Cash and cash equivalents $ 93,831 $ 111,322
Accounts receivable, net 274,592 159,970
Inventory, net 179,496 117,577
Prepaid and other current assets 59,528 56,278
Total Current Assets 607,447 445,147
Property and equipment, net 179,374 108,170
Operating lease right of use assets 110,779 117,769
Goodwill 516,629 516,629
Other intangible assets, net 300,265 337,271
Deferred tax assets 131,675 0
Other assets 7,172 11,700
Total Assets 1,853,341 1,536,686
Current Liabilities    
Accounts payable 104,693 61,943
Accrued expenses 116,612 79,541
Payables pursuant to the acquisitions 1,081 17,226
Deferred revenue 133,514 110,895
Operating lease liabilities, current portion 8,346 6,879
Long-term debt, current portion 6,000 5,173
Total Current Liabilities 370,246 281,657
Long-term debt, net of discount and deferred financing costs, less current portion 578,129 496,934
Payable pursuant to the Tax Receivable Agreement 207,286 0
Deferred tax liability, net 0 63,318
Operating lease liabilities, net of current portion 115,084 121,491
Total Liabilities 1,270,745 963,400
Commitments and Contingencies (Note 21)
Stockholder's Equity    
Additional paid-in capital 420,457  
Retained earnings 26,021  
Total stockholder's Equity Attributable to Forgent Power Solutions, Inc. 446,481  
Non-controlling interests 136,115  
Total Stockholder's Equity 582,596  
Member's Equity    
Member’s equity   374,534
Non-controlling interests   198,752
Total Member's Equity   573,286
Total Liabilities and Stockholder’s Equity / Member's Equity 1,853,341 $ 1,536,686
Class A Common Stock    
Stockholder's Equity    
Common stock 2  
Class B Common Stock    
Stockholder's Equity    
Common stock $ 1