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Side-by-side financial comparison of EXPONENT INC (EXPO) and POWELL INDUSTRIES INC (POWL). Click either name above to swap in a different company.

POWELL INDUSTRIES INC is the larger business by last-quarter revenue ($251.2M vs $166.3M, roughly 1.5× EXPONENT INC). EXPONENT INC runs the higher net margin — 17.8% vs 16.5%, a 1.3% gap on every dollar of revenue. On growth, EXPONENT INC posted the faster year-over-year revenue change (14.3% vs 4.0%). Over the past eight quarters, EXPONENT INC's revenue compounded faster (8.8% CAGR vs -0.8%).

Exponent, Inc. is an American engineering and scientific consulting firm. Exponent has a team of scientists, physicians, engineers, and business consultants which performs research and analysis in more than 90 technical disciplines. The company operates 20 offices in the United States and five offices overseas.

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.

EXPO vs POWL — Head-to-Head

Bigger by revenue
POWL
POWL
1.5× larger
POWL
$251.2M
$166.3M
EXPO
Growing faster (revenue YoY)
EXPO
EXPO
+10.3% gap
EXPO
14.3%
4.0%
POWL
Higher net margin
EXPO
EXPO
1.3% more per $
EXPO
17.8%
16.5%
POWL
Faster 2-yr revenue CAGR
EXPO
EXPO
Annualised
EXPO
8.8%
-0.8%
POWL

Income Statement — Q1 FY2027 vs Q1 FY2026

Metric
EXPO
EXPO
POWL
POWL
Revenue
$166.3M
$251.2M
Net Profit
$29.6M
$41.4M
Gross Margin
28.4%
Operating Margin
24.9%
17.0%
Net Margin
17.8%
16.5%
Revenue YoY
14.3%
4.0%
Net Profit YoY
11.0%
19.1%
EPS (diluted)
$0.59
$3.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXPO
EXPO
POWL
POWL
Q1 26
$166.3M
Q4 25
$147.1M
$251.2M
Q3 25
$142.0M
$298.0M
Q2 25
$145.5M
$286.3M
Q1 25
$136.8M
$278.6M
Q4 24
$241.4M
Q3 24
$136.3M
$275.1M
Q2 24
$140.5M
$288.2M
Net Profit
EXPO
EXPO
POWL
POWL
Q1 26
$29.6M
Q4 25
$28.0M
$41.4M
Q3 25
$26.6M
$51.4M
Q2 25
$26.6M
$48.2M
Q1 25
$23.6M
$46.3M
Q4 24
$34.8M
Q3 24
$26.0M
$46.1M
Q2 24
$29.2M
$46.2M
Gross Margin
EXPO
EXPO
POWL
POWL
Q1 26
Q4 25
28.4%
Q3 25
31.4%
Q2 25
30.7%
Q1 25
29.9%
Q4 24
24.7%
Q3 24
29.2%
Q2 24
28.4%
Operating Margin
EXPO
EXPO
POWL
POWL
Q1 26
24.9%
Q4 25
19.7%
17.0%
Q3 25
12.1%
21.2%
Q2 25
30.5%
21.0%
Q1 25
19.9%
21.1%
Q4 24
14.7%
Q3 24
19.0%
20.4%
Q2 24
25.4%
19.9%
Net Margin
EXPO
EXPO
POWL
POWL
Q1 26
17.8%
Q4 25
19.1%
16.5%
Q3 25
18.7%
17.3%
Q2 25
18.3%
16.8%
Q1 25
17.2%
16.6%
Q4 24
14.4%
Q3 24
19.1%
16.7%
Q2 24
20.8%
16.0%
EPS (diluted)
EXPO
EXPO
POWL
POWL
Q1 26
$0.59
Q4 25
$0.55
$3.40
Q3 25
$0.52
$4.23
Q2 25
$0.52
$3.96
Q1 25
$0.45
$3.81
Q4 24
$2.86
Q3 24
$0.50
$3.77
Q2 24
$0.57
$3.79

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXPO
EXPO
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$118.6M
$500.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$338.3M
$668.9M
Total Assets
$687.4M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXPO
EXPO
POWL
POWL
Q1 26
$118.6M
Q4 25
$207.4M
$500.8M
Q3 25
$231.8M
$475.5M
Q2 25
$245.1M
$433.0M
Q1 25
$258.9M
$389.3M
Q4 24
$373.4M
Q3 24
$219.7M
$358.4M
Q2 24
$203.3M
$374.0M
Stockholders' Equity
EXPO
EXPO
POWL
POWL
Q1 26
$338.3M
Q4 25
$402.9M
$668.9M
Q3 25
$427.8M
$640.8M
Q2 25
$441.4M
$594.9M
Q1 25
$421.1M
$541.4M
Q4 24
$496.3M
Q3 24
$410.3M
$483.1M
Q2 24
$393.2M
$436.7M
Total Assets
EXPO
EXPO
POWL
POWL
Q1 26
$687.4M
Q4 25
$761.4M
$1.1B
Q3 25
$759.4M
$1.1B
Q2 25
$763.2M
$1.0B
Q1 25
$777.3M
$965.4M
Q4 24
$912.7M
Q3 24
$744.1M
$928.2M
Q2 24
$709.2M
$869.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXPO
EXPO
POWL
POWL
Operating Cash FlowLast quarter
$43.6M
Free Cash FlowOCF − Capex
$41.6M
FCF MarginFCF / Revenue
16.6%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXPO
EXPO
POWL
POWL
Q1 26
Q4 25
$32.7M
$43.6M
Q3 25
$36.2M
$61.1M
Q2 25
$7.3M
$47.4M
Q1 25
$56.1M
$22.4M
Q4 24
$37.1M
Q3 24
$29.7M
$-6.0M
Q2 24
$48.3M
$13.8M
Free Cash Flow
EXPO
EXPO
POWL
POWL
Q1 26
Q4 25
$30.0M
$41.6M
Q3 25
$33.9M
$59.3M
Q2 25
$5.5M
$42.3M
Q1 25
$53.5M
$18.3M
Q4 24
$34.9M
Q3 24
$28.0M
$-14.4M
Q2 24
$47.2M
$12.4M
FCF Margin
EXPO
EXPO
POWL
POWL
Q1 26
Q4 25
20.4%
16.6%
Q3 25
23.9%
19.9%
Q2 25
3.8%
14.8%
Q1 25
39.1%
6.6%
Q4 24
14.4%
Q3 24
20.5%
-5.3%
Q2 24
33.6%
4.3%
Capex Intensity
EXPO
EXPO
POWL
POWL
Q1 26
Q4 25
1.8%
0.8%
Q3 25
1.6%
0.6%
Q2 25
1.2%
1.8%
Q1 25
1.9%
1.5%
Q4 24
0.9%
Q3 24
1.3%
3.1%
Q2 24
0.8%
0.5%
Cash Conversion
EXPO
EXPO
POWL
POWL
Q1 26
Q4 25
1.16×
1.05×
Q3 25
1.36×
1.19×
Q2 25
0.27×
0.98×
Q1 25
2.38×
0.48×
Q4 24
1.07×
Q3 24
1.14×
-0.13×
Q2 24
1.65×
0.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXPO
EXPO

Revenues before reimbursements$151.8M91%
Reimbursements$14.5M9%

POWL
POWL

Oil And Gas Service$97.9M39%
Electricity$69.3M28%
Commercial And Other Industrial$40.6M16%
Petrochemical$22.8M9%
Other Customers$12.0M5%
Light Rail Traction Power Customer$8.6M3%

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