Forgent's Billion Dollar Backlog: A Reality Check on Manufacturing Capacity Forgent Power Solutions' remarkable revenue growth and massive backlog have sent shockwaves through the industry.
The company's $462 million in quarterly revenue, a 94% year over year increase, is impressive, but it's largely dependent on a strong backlog that stood at a whopping $3 billion as of June 30th.
This raises questions about Forgent's manufacturing capacity and ability to sustain expansion.