Powell Industries, Inc. announced robust results for the first quarter of fiscal year 2026, ending December 31, 2025. The company reported a 4% increase in revenues to $251.2 million, a 20% rise in gross profit to $71.4 million, and a 19% increase in net income to $41.4 million. New orders surged by 63% to $439 million, leading to a backlog of $1.6 billion.

Powell Industries ended the quarter with record EPS and solid revenue growth, primarily from Electric Utility and Light Rail sectors, while maintaining a strong backlog and completing a strategic acquisition.

Powell Industries delivered a strong third quarter in fiscal 2025, with revenues remaining essentially unchanged at $286.3 million. The company achieved an 8% increase in gross profit to $87.9 million, representing a gross profit margin of 30.7%. Net income rose by 4% to $48.2 million, resulting in diluted EPS of $3.96. New orders totaled $362 million, leading to a significant 7% sequential increase in backlog to $1.4 billion.

Powell Industries announced robust second quarter fiscal 2025 results, with revenues increasing by 9% to $279 million and net income rising by 38% to $46 million. The company achieved a gross profit margin of 29.9%, reflecting strong operational efficiency and project execution. New orders totaled $249 million, and the backlog remained stable at $1.3 billion.

Powell Industries announced a strong start to Fiscal 2025 with revenues totaling $241.4 million, a 24% increase year-over-year, and net income rising by 44% to $34.8 million. The company also reported robust new orders of $269 million, contributing to a stable backlog of $1.3 billion.

Powell Industries announced its Q4 and full year fiscal 2024 results, with Q4 revenues reaching $275 million, a 32% increase, and net income rising by 74% to $46 million. The company's backlog remained strong at $1.3 billion. For the full year, revenues hit $1.0 billion, a 45% increase, and net income soared by 175% to $150 million.

Powell Industries reported a strong third quarter with a 50% increase in revenue, driven by growth in the Oil and Gas and Petrochemical sectors. Net income increased to $46 million, or $3.79 per diluted share. New orders totaled $356 million, and the backlog remained strong at $1.3 billion.

Powell Industries reported a strong second quarter with a 49% increase in revenue, driven by growth in the Oil and Gas, Petrochemical, Commercial, and Electric Utility sectors. Gross profit margin improved significantly, and net income rose substantially compared to the previous year. Backlog remained strong at $1.3 billion.

Powell Industries reported a strong first quarter with a 53% increase in revenues, a gross profit margin improvement of 950 basis points, and net income of $24 million. New orders totaled $198 million, and backlog nearly doubled to $1.3 billion.

Powell Industries announced strong Q4 2023 results, with a 28% increase in revenues, improved gross profit margin, and a significant rise in net income. The company's backlog also saw substantial growth, reflecting healthy order activity.

Powell Industries announced fiscal 2023 third quarter results, reporting a 42% increase in revenues to $192 million, a record backlog of $1.3 billion, and net income more than doubled to $19 million, or $1.52 per diluted share. The company's performance was supported by strong commercial activity and solid project execution.

Powell Industries announced record new orders of $508 million and a backlog exceeding $1.0 billion. Revenue increased by 34% to $171.4 million, with net income of $8.5 million, or $0.70 per diluted share. The company is confident in its ability to deliver improved revenues and earnings in fiscal 2023 and into fiscal 2024.

Powell Industries reported a strong start to fiscal 2023 with a 19% increase in revenues, a record backlog of $680 million, and a book-to-bill ratio of 1.7x. Net income was $1 million, or $0.10 per diluted share.

Powell Industries reported a solid fourth quarter with a 26% increase in revenue and record backlog of $592 million. The company's performance was driven by improved activity in the Oil, Gas & Petrochemical markets and strong project execution.

Powell Industries announced fiscal 2022 third quarter results with revenues totaling $135 million. Net income was $9 million, or $0.76 per diluted share, including a gain on the sale of a non-core division and a non-recurring tax benefit. New orders totaled $202 million, and backlog reached $503 million. The company is optimistic about ongoing recovery and strong financial footing.

Powell Industries announced fiscal 2022 second quarter results with revenues totaling $128 million. The company reported a net loss of $1.2 million, or a loss of $0.10 per diluted share. New orders totaled $151 million, and backlog reached $440 million. Cash and short-term investments totaled $114 million.

Powell Industries reported first quarter fiscal 2022 results with revenues of $107 million. The company experienced a net loss of $2.8 million, or a loss of $0.24 per diluted share. New orders totaled $108 million, and the backlog reached $416 million.

Powell Industries reported a strong finish to fiscal year 2021 with increased revenues, new orders, and a solid gross margin. The company saw growth across all core end markets, with significant increases in the Industrial, Traction, and Utility sectors. While cautious about ongoing market conditions, Powell is optimistic about future opportunities and is focused on operational execution.

Powell Industries reported a net loss of $2.0 million, or $0.17 loss per diluted share, for the third quarter of fiscal 2021. Revenues totaled $115.8 million, and backlog as of June 30, 2021, totaled $426 million. The company saw $103 million in new orders during the quarter.

Powell Industries reported second-quarter revenues of $119 million and a net loss of $0.2 million, or a $0.02 loss per diluted share. The company's backlog as of March 31, 2021, totaled $437 million, and cash and short-term investments totaled $154 million.

Powell Industries reported a net loss of $364 thousand, or $0.03 loss per diluted share, on revenues of $107 million. New orders increased sequentially to $91 million, supporting a backlog of $465 million. The company is focused on project execution, cost discipline, and cash management in a challenging macro-environment.

Powell Industries reported Q4 2020 revenues of $114.7 million and net income of $3.0 million, or $0.25 per diluted share. The company's backlog totaled $477 million as of September 30, 2020.

Powell Industries reported a decrease in revenue to $118.1 million compared to $135.6 million in the third quarter of fiscal year 2019. Net income also decreased to $3.5 million, or $0.30 per diluted share, compared to $5.1 million, or $0.44 per diluted share, in the same period last year. The company's backlog as of June 30, 2020, was $532 million. Despite the challenges, the company highlighted strong margins and cash flow.

Powell Industries announced strong second quarter fiscal 2020 results, marked by a significant increase in revenues, net income, and a record-high backlog. The company reported revenues of $151.6 million and net income of $7.4 million, or $0.64 per diluted share. New orders totaled $301 million, contributing to a backlog of $566 million.

Powell Industries reported a strong first quarter for fiscal year 2020, with revenues increasing to $134.2 million and a net income of $2.8 million, or $0.24 per diluted share. The company's backlog also increased to $426 million.