The financials
Powell Industries, Inc. by the numbers
Powell Industries, Inc. (POWL) reported revenue of $297M in Q2 2026 (quarter ended Mar 31, 2026), up 6.5% from the same quarter a year earlier. That came with a gross margin of 30% and net income of $46M (15% of revenue). For the full year FY2025, revenue was $1.10B (+9.1% year on year) and net income $181M. Its largest product in Jun 2026 was Oil And Gas Service at $106M, 34% of the disclosed total, just ahead of Electricity at 28%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $297M | $279M | +6.5% |
| Gross profit | $88M | $83M | +5.4% |
| Operating income | $58M | $59M | −2.3% |
| Net income | $46M | $46M | −1.0% |
| Diluted EPS | $1.25 | $1.27 | −1.6% |
| Product | Revenue | Share |
|---|---|---|
| Oil And Gas Service | $106M | 34% |
| Electricity | $89M | 28% |
| Commercial And Other Industrial | $76M | 24% |
| Petrochemical | $18M | 5.9% |
| Other Customers | $14M | 4.5% |
| Light Rail Traction Power Customer | $8.0M | 2.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $311.7M (+5.1%)
Commercial And Other Industrial grew +54% year on yearPetrochemical -49% year on year
Segment Latestquarter on quarteryear on year
- Oil And Gas Service$106.3M$106.3MQoQ -5.7%year on year +0.77%-5.7%+0.77%
- Electricity$88.6M$88.6MQoQ +10%year on year +18%+10%+18%
- Commercial And Other Industrial$76.3M$76.3MQoQ +40%year on year +54%+40%+54%
- Petrochemical$18.5M$18.5MQoQ -33%year on year -49%-33%-49%
- Other Customers$14.1M$14.1MQoQ +14%year on year +23%+14%+23%
- Light Rail Traction Power Customer$8.0M$8.0MQoQ -12%year on year -6.9%-12%-6.9%
Electrical Equipment & Parts
Ranks #3 of 17 by Smart Score