POWELL INDUSTRIES INCPOWLEarnings & Financial Report
Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.
Revenue
$255.1M
Gross Profit
$62.7M
Operating Profit
$39.5M
Net Profit
$33.5M
Gross Margin
24.6%
Operating Margin
15.5%
Net Margin
13.1%
YoY Growth
48.8%
EPS
$2.75
POWELL INDUSTRIES INC Q2 FY2024 Financial Summary
POWELL INDUSTRIES INC reported revenue of $255.1M (up 48.8% YoY) for Q2 FY2024, with a net profit of $33.5M (up 295.2% YoY) (13.1% margin). Cost of goods sold was $192.4M, operating expenses totaled $23.2M.
Key Financial Metrics
| Total Revenue | $255.1M |
|---|---|
| Net Profit | $33.5M |
| Gross Margin | 24.6% |
| Operating Margin | 15.5% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
POWELL INDUSTRIES INC Q2 FY2024 revenue of $255.1M breaks down across 6 segments, led by Oil And Gas Service at $103.8M (40.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Oil And Gas Service | $103.8M | 40.7% |
| Petrochemical | $50.1M | 19.6% |
| Electricity | $47.5M | 18.6% |
| Commercial And Other Industrial | $34.9M | 13.7% |
| Other Customers | $14.3M | 5.6% |
| Light Rail Traction Power Customer | $4.5M | 1.8% |
POWELL INDUSTRIES INC Revenue by Segment — Quarterly Trend
POWELL INDUSTRIES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Oil And Gas Service and Petrochemical) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Oil And Gas Service | $97.9M | $104.3M | $105.5M | $101.2M |
| Petrochemical | $22.8M | $37.9M | $36.3M | $43.7M |
| Electricity | $69.3M | — | $74.9M | — |
| Commercial And Other Industrial | $40.6M | $44.0M | $49.5M | $40.4M |
| Other Customers | $12.0M | $14.8M | $11.5M | $13.0M |
POWELL INDUSTRIES INC Annual Revenue by Year
POWELL INDUSTRIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $1.0B |
| 2023 | $699.3M |
| 2022 | $532.6M |
POWELL INDUSTRIES INC Quarterly Revenue & Net Profit History
POWELL INDUSTRIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $251.2M | +4.0% | $41.4M | 16.5% |
| Q4 FY2025 | $298.0M | +8.3% | $51.4M | 17.3% |
| Q3 FY2025 | $286.3M | -0.7% | $48.2M | 16.8% |
| Q2 FY2025 | $278.6M | +9.2% | $46.3M | 16.6% |
| Q1 FY2025 | $241.4M | +24.4% | $34.8M | 14.4% |
| Q4 FY2024 | $275.1M | +31.8% | $46.1M | 16.7% |
| Q3 FY2024 | $288.2M | +49.8% | $46.2M | 16.0% |
| Q2 FY2024 | $255.1M | +48.8% | $33.5M | 13.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $255.1M | $288.2M | $275.1M | $241.4M | $278.6M | $286.3M | $298.0M | $251.2M |
| YoY Growth | 48.8% | 49.8% | 31.8% | 24.4% | 9.2% | -0.7% | 8.3% | 4.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $849.6M | $869.0M | $928.2M | $912.7M | $965.4M | $1.04B | $1.11B | $1.09B |
| Liabilities | $455.8M | $432.2M | $445.1M | $416.3M | $424.0M | $447.3M | $468.2M | $425.5M |
| Equity | $393.8M | $436.7M | $483.1M | $496.3M | $541.4M | $594.9M | $640.8M | $668.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $17.0M | $13.8M | $-6.0M | $37.1M | $22.4M | $47.4M | $61.1M | $43.6M |