Powell Industries (NASDAQ: POWL) posts record Q3 2026 orders and higher profit
Rhea-AI Filing Summary
Powell Industries, Inc. reported strong third-quarter fiscal 2026 results for the period ended June 30, 2026. Revenues were $312 million, up from $286.3 million a year earlier, with gross profit of $95.3 million, or 30.6% of revenue. Net income was $52.2 million, or $1.42 per diluted share, compared with $48.2 million, or $1.32 per diluted share, driven by higher volumes and a stable pricing environment.
New orders reached a record $934 million, up from $362 million, producing a book-to-bill ratio of 3.0x. Backlog totaled $2.4 billion as of June 30, 2026, compared with $1.4 billion a year earlier and $1.8 billion at March 31, 2026, supported by three large orders, including a data center project exceeding $400 million and major LNG and petrochemical awards. Cash and short-term investments were $634 million, and total assets were $1.41 billion.
The Board declared a quarterly cash dividend of $0.09 per share, payable September 16, 2026 to shareholders of record on August 19, 2026. Management indicated expectations for another very strong year, with gross margins consistent with recent levels and added manufacturing capacity, including completion of the Jacintoport fabrication yard expansion by the close of fiscal 2026.
Positive
- Revenue and earnings grew, with Q3 fiscal 2026 revenue up 9% to $312 million and net income increasing to $52.2 million, or $1.42 per diluted share.
- New orders surged to $934 million, up 158% year over year, driving backlog to $2.4 billion and reflecting strong demand across data center, LNG and petrochemical projects.
- Balance sheet strength is highlighted by $634 million in cash and short-term investments and ongoing shareholder returns through a quarterly dividend of $0.09 per share.
Negative
- None.
Filing Explained
The completed split increased authorized common stock from 30,000,000 to 90,000,000 and gave recorded holders two additional shares per share held.
The company states that its three-for-one forward split was completed on
For interpreting the quarter’s order figures, the company defines new orders as the estimated value of contracts added to existing backlog, while backlog represents unsatisfied performance obligations.
The filing cautions that backlog may not predict future operating results because contracts can be adjusted, canceled, or reduced in scope, so the $2.4 billion balance remains subject to those specified changes.
8-K Event Classification
3 items: 2.02, 8.01, 9.01
3 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Revenue Q3 2026: $312 million
Net income Q3 2026: $52.2 million
Diluted EPS Q3 2026: $1.42
+5 more
8 metrics
Revenue Q3 2026
$312 million
Third quarter fiscal 2026 revenues, up from $286.3 million in Q3 fiscal 2025
Net income Q3 2026
$52.2 million
Third quarter fiscal 2026 net income, up from $48.2 million a year earlier
Diluted EPS Q3 2026
$1.42
Third quarter fiscal 2026 diluted earnings per share, up from $1.32 in Q3 2025
New orders Q3 2026
$934 million
Third quarter fiscal 2026 bookings, compared with $362 million in the prior-year quarter
Backlog as of June 30, 2026
$2.4 billion
Backlog at June 30, 2026, versus $1.4 billion at June 30, 2025
Cash and short-term investments
$634 million
Cash and short-term investments as of June 30, 2026
Quarterly dividend
$0.09 per share
Quarterly cash dividend declared, payable September 16, 2026
Working capital
$606,521
Working capital (in thousands) at June 30, 2026
Key Terms
book-to-bill ratio, backlog, forward split, working capital, +1 more
5 terms
book-to-bill ratio financial
"Powell was awarded a record $934 million of new orders and reported a book-to-bill ratio of 3.0x."
The book-to-bill ratio compares the value of new orders a company receives to the value of products it ships out or bills for over a certain period. If the ratio is above 1, it means the company is getting more orders than it is completing, which can indicate growth. If it's below 1, it suggests demand is slowing down.
backlog financial
"Backlog totaled $2.4 billion as of June 30, 2026, an increase of 69% compared to $1.4 billion."
A backlog is the amount of work or orders that a company has received but hasn't completed yet. It’s like a restaurant with many dishes to serve; the backlog shows how many orders are still waiting to be finished. It matters because a large backlog can indicate strong demand or potential delays in delivering products or services.
forward split financial
"On April 2, 2026, Powell effected a three-for-one forward split of our common stock."
A forward split increases the number of a company’s shares by exchanging each existing share for multiple new shares, so each investor owns more pieces while their overall ownership stake and the company’s value stay the same. Think of cutting a pizza into more slices: each slice is smaller but you still have the same total; for investors this lowers the per‑share price, can make the stock feel more affordable, and often boosts trading activity and accessibility.
working capital financial
"Working capital (5) is equal to current assets (including cash and short-term investments) minus current liabilities."
Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.
mega order financial
"A mega order is defined as an order with a contract value exceeding $50 million."
Earnings Snapshot
Revenue: $312 million · Guidance included
Third quarter fiscal 2026 ended June 30, 2026
Revenue
$312 million
Increased 9% from $286.3 million in Q3 fiscal 2025
Net income
$52.2 million
Increased from $48.2 million in Q3 fiscal 2025
Diluted EPS
$1.42
Increased from $1.32 in Q3 fiscal 2025
New orders
$934 million
Increased from $362 million in Q3 fiscal 2025
Backlog
$2.4 billion
Up from $1.4 billion at June 30, 2025
Guidance
Management expects gross margins to remain at levels consistent with the trailing twelve months and anticipates another very strong year of financial results, while adding capacity including completing the Jacintoport fabrication yard expansion by the close of fiscal 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What were Powell Industries (POWL) Q3 fiscal 2026 revenues and earnings?
Powell Industries reported Q3 fiscal 2026 revenue of $312 million and net income of $52.2 million, or $1.42 diluted EPS. This compares with $286.3 million of revenue and $48.2 million of net income, or $1.32 diluted EPS, in the prior-year quarter.
How did new orders and backlog change for Powell Industries (POWL) in Q3 2026?
New orders in Q3 fiscal 2026 were $934 million, up from $362 million a year earlier, producing a book-to-bill ratio of 3.0x. Backlog reached $2.4 billion at June 30, 2026, compared with $1.4 billion at June 30, 2025 and $1.8 billion at March 31, 2026.
What major ‘mega’ orders did Powell Industries (POWL) secure in Q3 2026?
Powell won three mega orders in Q3 fiscal 2026: a data center project with a value exceeding $400 million, a petrochemical order of approximately $75 million, and an LNG order of approximately $60 million, all contributing significantly to the record new orders and backlog.
What is Powell Industries’ (POWL) cash position and balance sheet as of June 30, 2026?
As of June 30, 2026, Powell had $634 million in cash and short-term investments and total assets of $1.41 billion. Stockholders’ equity was $756.2 million, and working capital was reported at $606,521 (in thousands), reflecting a solid liquidity and capital base.
What dividend did Powell Industries (POWL) declare and when will it be paid?
The Board declared a quarterly cash dividend of $0.09 per share on common stock. The dividend is payable on September 16, 2026 to shareholders of record at the close of business on August 19, 2026.
What outlook and capacity plans did Powell Industries (POWL) provide for the rest of fiscal 2026?
Management expects another very strong year of financial results, with gross margins consistent with the trailing twelve months. The company is expanding capacity, including completing its Jacintoport fabrication yard by fiscal 2026 year-end and evaluating additional greenfield capacity in Houston and Ohio.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (Date of earliest event reported): August 3, 2026
(Exact Name of Registrant as Specified in Its Charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
(713 ) 944-6900
(Registrant’s Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
| | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 – Results of Operations and Financial Condition.
On August 3, 2026, Powell Industries, Inc. (NASDAQ: POWL) (the “Company”) issued a press release regarding the Company’s results of operations for its fiscal 2026 third quarter ended June 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in Item 2.02 of this Current Report on Form 8-K (“Current Report”) and Exhibit 99.1 attached hereto is being “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, unless specifically identified therein as being incorporated by reference.
Item 8.01 – Other Events.
On August 3, 2026, the Company also issued a press release announcing that its Board of Directors declared a quarterly cash dividend of $0.09 per share payable to shareholders of record at the close of business on August 19, 2026. This dividend will be paid on September 16, 2026. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Item 9.01 – Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are furnished as part of this Report.
Exhibit Number | Description | ||||
| 99.1 | Press Release dated August 3, 2026 | ||||
| 99.2 | Press Release dated August 3, 2026 | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| POWELL INDUSTRIES, INC. | |||||||||||
| Date: August 3, 2026 | |||||||||||
| By: | /s/ Michael W. Metcalf | ||||||||||
| Michael W. Metcalf | |||||||||||
| Executive Vice President | |||||||||||
| Chief Financial and Principal Accounting Officer | |||||||||||
| (Principal Financial and Principal Accounting Officer) | |||||||||||
Exhibit 99.1
PRESS RELEASE| For Immediate Release | Contacts: | Michael W. Metcalf, CFO | ||||||||||||
| Powell Industries, Inc. | ||||||||||||||
| 713-947-4422 | ||||||||||||||
| Robert Winters | ||||||||||||||
| Alpha IR Group | ||||||||||||||
| POWL@alpha-ir.com | ||||||||||||||
| 312-445-2870 | ||||||||||||||
POWELL INDUSTRIES ANNOUNCES THIRD QUARTER FISCAL 2026 RESULTS
HOUSTON — August 3, 2026 — Powell Industries, Inc. (NASDAQ: POWL) (“Powell” or the “Company”), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the third quarter Fiscal 2026 ended June 30, 2026. All comparisons are to the third quarter of Fiscal 2025, unless otherwise noted.
Key Highlights:
•Revenues of $312 million increased 9%;
•Gross profit of $95 million, or 30.6% of revenue, increased 8%;
•Net income of $52 million, or $1.42 per diluted share(1), increased 8%;
•New orders(2) totaled $934 million, an increase of 158%;
•Backlog(3) as of June 30, 2026 totaled $2.4 billion, an increase of 69%;
•Cash and short-term investments as of June 30, 2026 totaled $634 million;
•Powell was awarded three mega(4) orders during the fiscal third quarter, including the previously announced data center order with a value exceeding $400 million, as well as orders in the Petrochemical market and the LNG end market.
Exhibit 99.1
Brett A. Cope, Powell’s Chairman and Chief Executive Officer, stated, “Commercial momentum across our key end markets continues to accelerate as Powell was awarded a record $934 million of new orders(2) in the quarter and reported a book-to-bill ratio of 3.0x. Activity levels across Oil and Gas, Electric Utility and Commercial and Industrial end markets have remained very robust, highlighted in this most recent quarter by our previously announced mega(4) data center order with a value in excess of $400 million, as well as two additional mega(4) orders; one within the LNG end market that approximated $60 million and the other a Petrochemical order for roughly $75 million. The Powell team also continues to focus on strong project execution as we deliver our record backlog(3), demonstrated by a strong gross margin performance of 30.6%.”
Third Quarter Fiscal 2026 Results
Revenues totaled $312 million, an increase of 9% compared to $286.3 million in the prior year, and a sequential increase of 5% compared to $296.6 million in the second quarter of Fiscal 2026. The growth compared to the prior year was driven by higher revenue levels from the Commercial & Other Industrial market, which grew 54%, as well as from the Electric Utility market, which grew 18%. This was partially offset by lower revenue within the Petrochemical market, which declined 49%.
Gross profit of $95.3 million, or 30.6% of revenue, increased 8% compared to $87.9 million, or 30.7% of revenue, in the prior year and increased sequentially by 8% compared to $87.9 million, or 29.6% of revenue in the second quarter of Fiscal 2026. The increases in gross profit were primarily driven by higher volume levels and a continued strong and stable pricing environment.
New orders(2) totaled $934 million compared to $362 million in the prior year and $490 million in the second quarter of Fiscal 2026. The increases were driven by improved bookings predominantly within the Commercial & Other Industrial, Oil & Gas, and Petrochemical markets. During the quarter, the Company was awarded three mega(4) orders; one for a data center with a value exceeding $400 million related to a behind-the-meter design of on-site generation assets, a Petrochemical order with a value of approximately $75 million in the fertilizer industry, and a LNG order with a value of approximately $60 million to support the liquefaction and export of LNG along the U.S. Gulf Coast.
Backlog(3) totaled $2.4 billion as of June 30, 2026, an increase of 69% compared to $1.4 billion as of June 30, 2025, and a sequential increase of 35% compared to $1.8 billion as of March 31, 2026.
Exhibit 99.1
Net income of $52.2 million, or $1.42 per diluted share(1), increased 8% compared to $48.2 million, or $1.32 per diluted share(1) in the prior year. The increase was the result of higher revenues coupled with strong gross margins during the quarter. Net income in the quarter increased sequentially by 14% compared to $45.9 million, or $1.25 per diluted share(1) in the second quarter of Fiscal 2026.
On April 2, 2026, Powell effected a three-for-one forward split of our common stock and proportionately increased the number of authorized common stock from 30,000,000 to 90,000,000. Each shareholder of record as of the close of trading on March 20, 2026 (the “Record Date”) received, after the close of trading on April 2, 2026, two additional shares for every one share held on the Record Date. Trading began on a split-adjusted basis at market open on April 6, 2026.
OUTLOOK
Commenting on the Company’s expectations for the remainder of Fiscal 2026, Cope added, “The outlook for each of our core end markets are highly favorable, supported by durable and diverse demand drivers, including the continuation of U.S. LNG in the global energy landscape, growth in utility generation coupled with ongoing grid strengthening initiatives, as well as increasing demand to support data centers and related AI capacity demand. We anticipate activity across each of our core markets will remain robust. Our near-to-midterm focus remains on ensuring that Powell is adequately positioned to address these thematic, secular tailwinds driving the growing demand for electrical distribution equipment and custom, engineered-to-order solutions.”
Michael Metcalf, Powell’s Chief Financial Officer, commented, “Our strong project execution levels, combined with our growing backlog(3) and its overall composition across our core end markets, make us confident that Powell will deliver another very strong year of financial results as we close out Fiscal 2026 and look ahead to Fiscal 2027. We expect that gross margins will maintain levels consistent to the trailing twelve months, while prudently adding capacity to support the acceleration in our backlog(3). The expansion of our Jacintoport fabrication yard is expected to be completed by the close of Fiscal 2026, and we anticipate production to ramp up as we leverage this additional capacity to support recent core industrial project awards. We are also evaluating greenfield capacity expansions incremental to our added leased capacity in Houston and Ohio, while prioritizing adequate returns and ensuring the optimal manufacturing footprint for Powell over the long term.”
Exhibit 99.1
CONFERENCE CALL
Powell Industries has scheduled a conference call for Tuesday, August 4, 2026 at 11:00 a.m. Eastern time. To participate in the conference call, dial 1-833-953-2431 (domestic) or 1-412-317-5760 (international) at least 10 minutes before the call begins and ask for the Powell Industries conference call. A telephonic replay of the conference call will be available through August 11, 2026 and may be accessed by calling 1-855-669-9658 (domestic) or 1-412-317-0088 (international) and using passcode 3105582#.
Investors, analysts and the general public will also have the opportunity to listen to the conference call over the Internet by visiting powellind.com. To listen to the live call on the web, please visit the website at least 15 minutes before the call begins to register, download and install any necessary audio software. For those who cannot listen to the live webcast, an archive will be available shortly after the call and will remain available for approximately twelve months at powellind.com.
Exhibit 99.1
About Powell Industries
Powell Industries, Inc., headquartered in Houston, Texas, develops, designs, manufactures and services custom-engineered equipment and systems that distribute, control and monitor the flow of electrical energy and provide protection to motors, transformers and other electrically powered equipment. Powell Industries, Inc. primarily serves the oil and gas and petrochemical markets, the electric utility market, and commercial and other industrial markets. Beyond these major markets, we also provide products and services to the light rail traction power market and other markets that include universities and government entities. We are continuously developing new channels to electrical markets through original equipment manufacturers and distribution market channels. For more information, please visit powellind.com.
Any forward-looking statements in the preceding paragraphs of this release, including those related to our outlook, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties in that actual results may differ materially from those projected in the forward-looking statements. In the course of operations, we are subject to certain risk factors, competition and competitive pressures, sensitivity to general economic and industrial conditions, international political and economic risks, availability and price of raw materials, the impact of tariffs and execution of business strategy. In addition, our backlog(3) may not be indicative of future operating results as orders may be cancelled or modified by our customers and associated backlog may not be recognized as revenue on the timeline we expect or at all. For further information, please refer to the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which are available from the Company without charge.
Investors should note that we announce material financial information in SEC filings, press releases and public conference calls. Based on guidance from the SEC, we may use the Investors section of our website to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on our website is not part of, and is not incorporated to, this release.
Exhibit 99.1
POWELL INDUSTRIES, INC. & SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
Three Months Ended June 30, | Nine Months Ended June 30, | ||||||||||||||||||||||
| 2026 | 2025 | 2026 | 2025 | ||||||||||||||||||||
| (In thousands, except per share data) | |||||||||||||||||||||||
| (Unaudited) | |||||||||||||||||||||||
| Revenues | $ | 311,740 | $ | 286,273 | $ | 859,539 | $ | 806,335 | |||||||||||||||
| Cost of goods sold | 216,441 | 198,374 | 604,886 | 575,480 | |||||||||||||||||||
| Gross profit | 95,299 | 87,899 | 254,653 | 230,855 | |||||||||||||||||||
| Selling, general and administrative expenses | 26,702 | 25,116 | 77,703 | 68,359 | |||||||||||||||||||
| Research and development expenses | 4,300 | 2,659 | 11,856 | 7,881 | |||||||||||||||||||
| Amortization of intangible assets | 221 | — | 666 | — | |||||||||||||||||||
| Operating income | 64,076 | 60,124 | 164,428 | 154,615 | |||||||||||||||||||
| Other expenses (income): | |||||||||||||||||||||||
| Interest income, net | (5,047) | (3,977) | (13,515) | (11,397) | |||||||||||||||||||
Income before income taxes | 69,123 | 64,101 | 177,943 | 166,012 | |||||||||||||||||||
| Income tax provision | 16,963 | 15,867 | 38,506 | 36,685 | |||||||||||||||||||
| Net income | $ | 52,160 | $ | 48,234 | $ | 139,437 | $ | 129,327 | |||||||||||||||
Earnings per share(1): | |||||||||||||||||||||||
| Basic | $ | 1.43 | $ | 1.33 | $ | 3.83 | $ | 3.57 | |||||||||||||||
| Diluted | $ | 1.42 | $ | 1.32 | $ | 3.81 | $ | 3.54 | |||||||||||||||
Weighted average shares(1): | |||||||||||||||||||||||
| Basic | 36,432 | 36,212 | 36,396 | 36,176 | |||||||||||||||||||
| Diluted | 36,604 | 36,525 | 36,566 | 36,497 | |||||||||||||||||||
SELECTED FINANCIAL DATA: | |||||||||||||||||||||||
Depreciation and Amortization | $ | 2,165 | $ | 1,742 | $ | 6,496 | $ | 5,215 | |||||||||||||||
Capital Expenditures | $ | 6,525 | $ | 5,117 | $ | 10,386 | $ | 11,380 | |||||||||||||||
Dividends Paid | $ | 3,279 | $ | 3,228 | $ | 9,792 | $ | 9,640 | |||||||||||||||
Exhibit 99.1
POWELL INDUSTRIES, INC. & SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
| June 30, 2026 | September 30, 2025 | ||||||||||
| (In thousands) | |||||||||||
| (Unaudited) | |||||||||||
| Assets: | |||||||||||
Cash, cash equivalents and short-term investments | $ | 633,561 | $ | 475,527 | |||||||
All other current assets | 597,610 | 456,189 | |||||||||
Property, plant and equipment, net | 118,634 | 111,049 | |||||||||
Long-term assets | 56,893 | 66,219 | |||||||||
Total assets | $ | 1,406,698 | $ | 1,108,984 | |||||||
| Liabilities and equity: | |||||||||||
Current liabilities | $ | 624,650 | $ | 446,387 | |||||||
Deferred and other long-term liabilities | 25,864 | 21,827 | |||||||||
Stockholders’ equity | 756,184 | 640,770 | |||||||||
Total liabilities and stockholders’ equity | $ | 1,406,698 | $ | 1,108,984 | |||||||
SELECTED FINANCIAL DATA: | |||||||||||
Working capital(5) | $ | 606,521 | $ | 485,329 | |||||||
(1)On April 2, 2026, the Company effected a three-for-one forward split of its common stock (the “Stock Split”). Share and per-share amounts disclosed for all periods have been retroactively adjusted to reflect the effect of the Stock Split.
(2)New orders (bookings) represent the estimated value of contracts added to existing backlog (unsatisfied performance obligations).
(3)The amounts recorded in backlog may not be a reliable indicator of our future operating results and may not be indicative of continuing revenue performance over future fiscal quarters or years primarily due to unexpected contract adjustments, cancellations or scope reductions.
(4)A mega order is defined as an order with a contract value exceeding $50 million.
(5)Working capital is equal to current assets (including cash and short-term investments) minus current liabilities.
Exhibit 99.2
PRESS RELEASE| For Immediate Release | Contact: | Michael Metcalf, CFO | ||||||||||||
| Powell Industries, Inc. | ||||||||||||||
| 713-947-4422 | ||||||||||||||
| Robert Winters | ||||||||||||||
| Alpha IR Group | ||||||||||||||
| POWL@alpha-ir.com | ||||||||||||||
| 312-445-2870 | ||||||||||||||
Powell Industries Declares Quarterly Cash Dividend
HOUSTON — August 3, 2026 — Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced that its Board of Directors has declared a quarterly cash dividend on the Company’s common stock of $0.09 per share. The dividend is payable on September 16, 2026, to shareholders of record at the close of business on August 19, 2026.
Powell Industries, Inc., headquartered in Houston, designs, manufactures and services custom-engineered equipment and systems for the distribution, control and monitoring of electrical energy. Powell markets include large industrial customers such as utilities, oil and gas producers, refineries, petrochemical plants, pulp and paper producers, mining operations and commuter railways. For more information, please visit powellind.com.
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