Powell Industries Q3 revenue rises 9% to $312 million; new orders reach $934 million
Powell Industries reported fiscal 2026 third-quarter results for the period ended June 30, 2026, with revenue up 9% to $312 million and diluted earnings per share up 8% to $1.42. New orders of $934 million and backlog of $2.4 billion both rose sharply from a year earlier, and the company's board declared a quarterly dividend of $0.09 per share.
Key points
- Net income was $52.2 million, or $1.42 per diluted share, up 8% from $1.32 a year earlier.
- New orders totaled $934 million, up 158% from $362 million in the prior-year quarter; backlog reached $2.4 billion as of June 30, 2026, up 69%.
- The board declared a $0.09 per share quarterly cash dividend, payable September 16, 2026, to shareholders of record on August 19, 2026.
- Management is conference-calling on August 4, 2026 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 August 03, 2026.
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.