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.
Revenues increased by 9% to $279 million compared to the prior year.
Gross profit rose by 33% to $83 million, with a gross margin of 29.9%.
Net income grew by 38% to $46 million, resulting in diluted EPS of $3.81.
New orders totaled $249 million, and the backlog remained strong at $1.3 billion.
Powell Industries is focused on execution discipline and customer fulfillment, driving cost efficiencies, and leveraging its strong backlog and balance sheet to deliver robust revenue and earnings through the remainder of Fiscal 2025.
Visualization of income flow from segment revenue to net income