Every 10-Q that Powell Industries Inc (POWL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow POWL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full POWL filings page.
Powell Industries, Inc. reported Q3 Fiscal 2026 revenue of $311.7 million, up 9% year over year, and net income of $52.2 million, or $1.42 per diluted share. For the first nine months, revenue reached $859.5 million and net income $139.4 million, with gross margin rising to 30%.
Backlog increased to $2.4 billion, with about $1.3 billion expected to convert to revenue within twelve months; Q3 bookings were $934.2 million, including mega data center, LNG and petrochemical projects. Growth was led by commercial and other industrial, electric utility, and oil and gas markets, while petrochemical and light rail traction power declined.
Cash, cash equivalents and short-term investments were $633.6 million, and there were no borrowings under the $150.0 million U.S. revolver. The company completed a three-for-one forward stock split in April 2026 and continues a quarterly dividend of $0.09 per share, with the latest payable on September 16, 2026.
Powell Industries reported steady results with strong demand in its latest quarter. For the three months ended March 31, 2026, revenue rose to $296.6 million, up 6%, while net income was $45.9 million, slightly below last year’s $46.3 million. Diluted EPS was $1.25.
For the first half of Fiscal 2026, revenue reached $547.8 million and net income climbed to $87.3 million, up from $81.1 million. Backlog grew to $1.8 billion, with about $1.1 billion expected as revenue over the next year, supported by multiple large data center, LNG and electric utility projects.
Cash and cash equivalents increased to $537.7 million with no borrowings on the $150 million revolver. The company completed a three-for-one stock split and its board declared a quarterly dividend of $0.09 per share.
Powell Industries reported a strong first quarter for Fiscal 2026, with revenues rising to $251.2 million from $241.4 million and net income increasing to $41.4 million from $34.8 million. Diluted earnings per share grew to $3.40 from $2.86.
Gross margin improved to 28% from 25%, helped by higher volume, favorable project execution and stable pricing. Electric utility and oil and gas revenues grew, while petrochemical and some commercial/industrial sales declined as older projects wound down.
Backlog reached $1.6 billion, with about $933 million expected as revenue over the next 12 months, and quarterly bookings surged to $438.8 million from $268.6 million. Powell generated $43.6 million of operating cash flow, ended the quarter with $500.8 million in cash and short‑term investments, had no revolver borrowings, and subsequently raised its quarterly dividend to $0.27 per share.
Powell Industries (POWL) delivered another profitable quarter. Fiscal Q3 2025 revenue edged down 1% YoY to $286.3 million, but gross profit rose 8% to $87.9 million as gross margin expanded to 30.7% (vs. 28.4%). Operating income improved 5% to $60.1 million and diluted EPS advanced 4% to $3.96. Nine-month results showed 9% revenue growth to $806.3 million and a 25% jump in diluted EPS to $10.63.
Balance sheet strength: Cash & short-term investments climbed to $433.0 million (up $74.6 million since FY-end) with no debt; letters of credit outstanding were $76 million against a $150 million revolver. Working-capital ratio remains healthy at 2.1× and operating cash flow reached $106.9 million YTD.
Backlog & outlook: Order backlog hit a record $1.4 billion (+6% vs. FY-end), with $913 million expected to convert to revenue within 12 months. Management cites robust demand from electric utility, LNG and industrial end-markets, but notes continued commodity-price and supply-chain pressure.
Strategic moves: On 15 Jul 2025 POWL agreed to acquire U.K.-based Remsdaq Ltd. for £12.2 million ($16.3 million) in cash, slated to close in Q4. The board declared a quarterly dividend of $0.2675 per share payable 17 Sep 2025. The company is evaluating tax effects of the newly enacted One Big Beautiful Bill Act.