POWL
Powell Industries, Inc.
Price as of Jul 20, 2026
POWL earnings
Powell Industries, Inc. earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 5, 2026 | $1.34 | $1.25 | -6.7% | $297M | -0.5% |
| Feb 3, 2026 | $2.85 | $3.40 | +19.3% | $251M | -15.8% |
| Nov 18, 2025 | $3.78 | $4.22 | +11.6% | $298M | +2.2% |
| Feb 6, 2025 | $2.83 | $2.86 | +1.1% | $241M | +3.8% |
| Nov 19, 2024 | $3.55 | $3.77 | +6.2% | $1.0B | +253.4% |
| Jul 30, 2024 | $2.16 | $3.79 | +75.5% | $288M | +0.6% |
| Apr 30, 2024 | $1.78 | $2.75 | +54.5% | $255M | +19.5% |
| Jan 30, 2024 | $0.84 | $1.98 | +135.7% | $194M | +6.6% |
| Dec 5, 2023 | $1.21 | $1.95 | +61.2% | $209M | +6.0% |
| Aug 1, 2023 | $0.66 | $1.52 | +130.3% | $192M | +3.6% |
| May 2, 2023 | $0.21 | $0.70 | +233.3% | $171M | +11.0% |
| Jan 31, 2023 | $0.03 | $0.10 | +300.0% | $127M | +8.7% |
Earnings call summary
Q2 FY2026 · May 5, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Powell had solid quarter with 6% revenue growth, $490 million new orders, backlog at $1.8 billion. • Notable strength in liquefied natural gas, electric utility, and data center projects. • Awarded two mega projects over $75 million, including a $400 million+ data center project. • Backlog balanced across markets, provides visibility into fiscal 2028. • Expanding manufacturing capacity, leased space in Houston, evaluating lease and greenfield facilities. • Strategic sourcing and supply chain efforts, M&A activity with REMSDAC progressing well, investing in government-related work. • Teams rising to meet growth challenge, focusing on continuous improvement and efficiencies.
Guidance
• Encouraged by sustained commercial activity across core end markets. • Well-positioned to deliver strong cash flows and earnings performance for remainder of fiscal 2026. • The $400 million+ data center order will be included in fiscal third quarter reported numbers.
Segment performance
In the second quarter of fiscal 2026, total revenue was $297 million, up 6% from the prior year. New orders were $490 million, with backlog at $1.8 billion, 12% higher than prior quarter and 33% higher than one year ago. Revenue breakdown by market: domestic up $4 million (2%), international up $14 million to $64 million. Market sectors: commercial and other industrial up 35%, electric utility up 14%, oil and gas up 11%, petrochemical down 37%, light rail traction power down 10%. Gross profit $88 million, gross margin 29.6%.
Risks & headwinds
• Competition and competitive pressures. • Sensitivity to general economic and industry conditions. • International political and economic risks. • Availability and price of raw materials. • Execution of business strategies.
Analyst Q&A
Q: Given strong orders and $400 million-plus data center order, how to think about order outlook and managing SG&A/R&D?
A: Outlook strong, activity entering Q3 no letup. SG&A costs trend in upper single digits, increase due to higher compensation and REMSDAC acquisition. R&D trending higher at ~1.4% of revenues.
Q: About $400 million-plus order, is it all outside and potential for additional phases?
A: Initial award all outside data center, sizable with couple of gigawatts initial phase, hopeful for additional phases over time.
Q: On pricing power, why not more pricing despite strong markets?
A: Getting some price, pushing in constrained demand supply curve areas, will see more as efficiency gains and plans for 2027 develop.
Q: Handling spike in metal prices and impact on gross margin?
A: Proactive with metals, hedging program for copper to protect margins, proactive with supply chain for other core commodities.
Q: Turn down any orders?
A: Not turning down, but not able to meet all schedules, engaging in sequencing and constructability conversations with clients.
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-08-04.