Powell Industries Q1 fiscal 2025 revenue rises 24% to $241 million; EPS $2.86
Powell Industries reported first quarter fiscal 2025 results for the period ended December 31, 2024, with revenue up 24% from the prior year and diluted earnings per share of $2.86, up from $1.98. Net income rose 44% to $34.8 million, and new orders grew to $269 million, though revenue and profit both fell sequentially from the fourth quarter, which the company attributed mainly to seasonality. Management said it expects robust revenue and earnings through the rest of fiscal 2025.
Key points
- Revenue of $241.4 million, up 24% year over year but down 12% from $275.1 million in the fourth quarter of fiscal 2024
- Net income of $34.8 million, or $2.86 per diluted share, up 44% from $1.98 a year earlier
- New orders of $269 million versus $198 million a year earlier; backlog steady at $1.3 billion
- Conference call scheduled for February 7, 2025 at 11:00 a.m. Eastern time
The filing
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 February 06, 2025.
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.