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Jun 30
Powell Industries Q3 2025 Earnings Report
Powell Industries reported strong third quarter fiscal 2025 results, with increased gross profit and net income, alongside robust new orders and backlog growth.
Key Takeaways
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.
Revenues for the third quarter of fiscal 2025 were $286.3 million, a slight decrease of 1% compared to the prior year.
Gross profit increased by 8% to $87.9 million, with the gross profit margin improving to 30.7% from 28.4% in the prior year.
Net income grew by 4% to $48.2 million, and diluted earnings per share increased to $3.96.
New orders reached $362 million, resulting in a book-to-bill ratio of 1.3x and a 7% sequential increase in backlog to $1.4 billion.
Powell Industries
Powell Industries
Forward Guidance
Powell Industries remains confident in its strategic positioning and growth initiatives, expecting continued strong operational and financial performance through the fourth quarter of fiscal 2025 and into fiscal 2026, driven by sustained demand across all end markets.
Positive Outlook
- Confidence in strategic positioning and momentum behind growth initiatives.
- Strength and consistency of commercial activity across all end markets.
- Broadening of business strategies providing a solid foundation for fiscal 2026.
- Effective operational execution.
- Well-positioned to continue delivering strong financial performance.