Every material Form 8-K Powell Industries filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Powell Industries' Board of Directors declared a quarterly cash dividend of $0.09 per share, announced in a November 3, 2026 press release. Shareholders of record at the close of business on November 18, 2026 will receive the payment on December 16, 2026.
Quarterly cash dividend of $0.09 per share declared
Record date: close of business on November 18, 2026
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.
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.
Powell Industries' board approved a one-time award of 36,000 restricted stock units for CEO and Chairman Brett A. Cope, intended to keep him in service past age 60, when he becomes eligible to retire. The award vests in stages through July 1, 2029, and unvested units will not accelerate if he retires early, which ties the grant to continued service.
Award covers 36,000 RSUs under the 2014 Equity Incentive Plan, approved by the Compensation and Human Capital Committee on July 1, 2026 and by the Board on July 2, 2026
Vesting is backloaded: 25% on July 1, 2027, 25% on July 1, 2028, and 50% on July 1, 2029, instead of equal annual installments over three years
If Mr. Cope retires before a vesting date, the unvested portion will not vest or continue to vest solely due to retirement, despite the Employment Agreement dated October 1, 2016
Powell Industries reported fiscal second-quarter 2026 revenue of $296.6 million, up 6% from a year earlier, while net income of $45.9 million, or $1.25 per diluted share, fell 1%, as higher SG&A and R&D expenses offset higher revenue. New orders rose 97% to $490 million and backlog reached $1.8 billion, but the company's outlook did not include a numeric revenue or earnings target, and management said it expects margins to stay consistent with the prior year.
Revenue of $296.6 million, up 6% from $278.6 million; gross margin 29.6% of revenue
Net income of $45.9 million, or $1.25 per diluted share, down 1% from $46.3 million, or $1.27 per diluted share, after adjusting for the three-for-one stock split
New orders of $490 million, up 97%; backlog of $1.8 billion as of March 31, 2026, up 33%
Subsequent to quarter end, Powell was awarded a data center order with a value exceeding $400 million
Powell Industries reported fiscal first-quarter 2026 revenue of $251.2 million, up 4% from a year earlier, and net income of $41.4 million, or $3.40 per diluted share, up 19%. New orders rose 63% to $439 million and backlog reached $1.6 billion, while the board raised the quarterly dividend to $0.27 per share, payable March 18, 2026.
Q1 fiscal 2026 revenue of $251.2 million, up 4% from $241.4 million a year earlier, but down 16% from the fourth quarter of fiscal 2025
Net income of $41.4 million, or $3.40 per diluted share, compared with $2.86 per diluted share a year earlier
New orders of $439 million, up 63%, including an approximately $75 million data center order; backlog of $1.6 billion as of December 31, 2025
Quarterly dividend increased to $0.27 per share, payable March 18, 2026, to holders of record on February 18, 2026
Powell Industries' compensation committee approved restricted stock unit awards for CEO Brett Cope and CFO Michael Metcalf on January 2, 2026, and the board approved them on January 3, 2026. The awards raise each executive's annual long-term incentive target and set it as a fixed dollar amount rather than a multiple of base salary. The change increases potential equity pay tied to performance goals, and shareholders will see it reflected in future compensation costs.
Cope's target value is $2,200,000, up from 170% of base salary, which is currently $750,000.
Metcalf's target value is $600,000, up from 75% of base salary, which is currently $424,400.
Cope's award is now 60% performance-based and 40% time-based, versus a 50/50 split previously.
Performance units add a three-year Revenue Compound Annual Growth Rate goal alongside EBITDA and safety goals.
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Powell Industries filing is on SEC EDGAR ↗. 8-K briefs of other companies →