Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 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.
Powell Industries, Inc. approved a special one-time award of restricted stock units covering 36,000 shares of common stock for President, CEO and Chairman Brett A. Cope under its 2014 Equity Incentive Plan. The grant is designed to encourage his continued service after he becomes eligible for retirement at age 60.
The RSUs vest on a backloaded schedule, with 25% vesting on July 1, 2027, 25% on July 1, 2028, and the remaining 50% on July 1, 2029. If Mr. Cope retires before any vesting date, the unvested portion of this award will not vest or accelerate solely because of his retirement, differing from his other equity awards under his employment agreement.
Powell Industries, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.09 per share on its common stock. The dividend will be paid on June 17, 2026 to shareholders of record at the close of business on May 20, 2026.
The company describes itself as a leading supplier of custom engineered solutions for managing, controlling and distributing electrical energy, serving oil and gas, petrochemical, electric utility, commercial, industrial, light rail and other institutional markets from its headquarters in Houston, Texas.
Powell Industries reported solid second quarter Fiscal 2026 results with continued growth and strong demand. Revenues reached $296.6 million, up 6% year over year, driven by significant increases in Commercial & Other Industrial, Electric Utility and Oil & Gas markets, partly offset by weaker Petrochemical activity. Gross profit was $87.9 million, or 29.6% of revenue, up 5%.
Net income was $45.9 million, or $1.25 per diluted share, down 1% from the prior year as higher compensation and R&D spending weighed on earnings. New orders surged to $490 million, up 97%, lifting backlog to $1.8 billion, 33% higher than a year ago. Powell also highlighted a subsequent mega data center order exceeding $400 million and ended the quarter with $544.9 million in cash, cash equivalents and short-term investments. The company completed a three-for-one stock split effective April 2, 2026.
Powell Industries, Inc. approved and implemented a three-for-one forward stock split of its common stock. This means each existing share will become three shares, making the stock more widely distributed while keeping each holder’s overall economic stake the same.
To support the split, the company filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation, increasing authorized common stock from 30 million to 90 million shares. The amendment becomes effective at 5:00 p.m. Eastern Time on April 1, 2026, with trading expected to begin on a split-adjusted basis on April 6, 2026.
Powell Industries, Inc. held its annual stockholder meeting on February 18, 2026. Stockholders re-elected Alaina K. Brooks and Katheryn B. Curtis as directors, with 8,671,860 and 8,529,636 votes cast in favor, respectively, and no broker non-votes reported.
Stockholders also approved, on an advisory basis, the Company’s say-on-pay proposal on executive compensation, with 9,051,989 votes for, 121,383 against, and 25,855 abstentions. Following the meeting, the Board appointed Mark W. Smith as chair of the Audit Committee, succeeding Christopher E. Cragg at the end of his term.
Powell Industries, Inc. filed a current report describing two key updates. The company issued a press release with results for its fiscal 2026 first quarter, covering the period ended December 31, 2025. The detailed financial figures are provided in that separate release.
The Board of Directors also declared a quarterly cash dividend of $0.27 per share. Shareholders of record at the close of business on February 18, 2026 will receive the dividend, which is scheduled to be paid on March 18, 2026.
Powell Industries, Inc. (POWL) filed a Form 8-K to announce that it has issued a press release covering its fiscal 2025 fourth quarter and full-year results for the period ended September 30, 2025. The press release, dated November 18, 2025, is included as Exhibit 99.1 and provides details on the company’s results of operations and financial condition for that period. The information is being furnished rather than filed under the Exchange Act, which limits its use for certain legal purposes. The report is signed by Executive Vice President and Chief Financial and Principal Accounting Officer Michael W. Metcalf.
Powell Industries (POWL) announced a quarterly cash dividend of $0.2675 per share. Shareholders of record at the close of business on November 19, 2025 will receive the dividend, which is scheduled to be paid on December 17, 2025. The Board of Directors approved the payout, continuing capital returns to stockholders.