For the quarter ending 2026-03-31, FPS had -$12,334K decrease in cash & cash equivalents over the period. $937K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net income | 24,475 | 15,465 |
| Depreciation and amortization | 18,155 | 32,251 |
| Amortization / write off of discounts and deferred financing costs | 672 | 11,010 |
| Deferred taxes | 2,799 | 847 |
| Provision (recovery) for credit losses | 1,073 | 479 |
| Provision for slowing-moving and excess inventory | 1,470 | 2,428 |
| Equity-based compensation | 3,357 | 2,187 |
| Reduction in carrying amount of rou asset, operating leases | 2,671 | 4,319 |
| Accounts receivable | 24,648 | 91,526 |
| Inventory | 20,486 | 45,331 |
| Prepaid and other assets | -267 | 4,254 |
| Accounts payable | 32,151 | 10,599 |
| Accrued expenses | 10,480 | 26,591 |
| Deferred revenue | -21,387 | 44,006 |
| Lease liabilities, operating leases | -1,876 | -3,064 |
| Net cash provided by operating activities | 29,173 | 6,007 |
| Purchases of property and equipment | 28,236 | 56,368 |
| Net cash used in investing activities | -28,236 | -56,368 |
| Proceeds from issuance of class a common stock, net of underwriting discounts and commissions-Common Class A | 491,833 | - |
| Purchase of opco llc interests from existing shareholders-IPO | 491,833 | - |
| Proceeds from issuance of class a common stock sold in follow-on offering, net of underwriting discounts and commissions-Common Class A | 308,561 | - |
| Purchase of opco llc interests from existing shareholders-Follow On Offering | 308,561 | - |
| Proceeds from long-term debt | 0 | 594,000 |
| Payments on long-term debt | 0 | 511,110 |
| Debt financing costs | 0 | 11,757 |
| Distribution to member | 0 | 1,440 |
| Payment of payable pursuant to the acquisitions | 0 | 16,145 |
| Deferred offering costs | 13,271 | 8,344 |
| Net cash provided by (used in) financing activities | -13,271 | 45,204 |
| Net decrease in cash and cash equivalents | -12,334 | -5,157 |
| Cash and cash equivalents - beginning of period | 106,165 | 111,322 |
| Cash and cash equivalents - end of period | 93,831 | 106,165 |
Forgent Power Solutions, Inc. (FPS)
Forgent Power Solutions, Inc. (FPS)