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AI brief of an SEC Form 8-K · Powell Industries (POWL)

Powell Industries Q4 revenue rises 32% to $275 million; net income up 74%

Positive Impact 3 of 5 earnings Written later

Powell Industries reported fiscal fourth-quarter and full-year 2024 results for the period ended September 30, 2024, with revenue and net income up sharply from the prior year. Q4 revenue was down 5% from the third quarter, and full-year net new orders fell to $1.1 billion from $1.4 billion. The filing gives no numeric fiscal 2025 guidance; management only said it expects fiscal 2025 to be another successful year.

Key points

  • Q4 revenue of $275 million, up 32% from $208.6 million; diluted EPS of $3.77 vs. $2.17 a year earlier
  • Full-year revenue of $1.0 billion, up 45%; net income of $149.8 million, or $12.29 per diluted share, up 175%
  • Backlog of $1.3 billion at September 30, 2024, essentially unchanged from June 30, 2024 and September 30, 2023
  • Conference call scheduled for Wednesday, November 20, 2024 at 11:00 a.m. Eastern time

The filing

CompanyPowell Industries (POWL)
Form8-K, current report
Filed with the SECNov 19, 2024, 4:28 PM ET
Accession number0000080420-24-000084

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 19, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.