Powell Industries, Inc. (POWL)

Nasdaq Industrials Electrical Components & Equipment S&P SmallCap 600

$133.12

+8.06 (+6.44%)

Close of Nov 06, 2026 · end-of-day data

Source: Powell Industries, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$565.24M	$395.91M	$448.72M	$517.18M	$518.50M	$470.56M	$532.58M	$699.31M	$1.01B	$1.10B
Cost of revenue	$459.04M	$345.14M	$383.36M	$430.20M	$423.92M	$395.50M	$447.56M	$551.75M	$739.27M	$779.94M
Gross profit	$106.20M	$50.77M	$65.36M	$86.98M	$94.58M	$75.06M	$85.02M	$147.55M	$273.09M	$324.38M
Research & development	$6.73M	$6.91M	$6.72M	$6.33M	$6.26M	$6.67M	$6.96M	$6.22M	$9.43M	$11.01M
Selling, general & admin	$74.92M	$61.52M	$66.77M	$69.95M	$67.66M	$67.22M	$70.83M	$78.81M	$84.89M	$95.40M
Operating income	$15.76M	-$19.34M	-$9.12M	$11.46M	$19.07M	$1.02M	$7.22M	$62.52M	$178.77M	$217.86M
Interest expense	$149.00K	$168.00K	$207.00K	$230.00K	$228.00K	$204.00K	—	—	—	—
Pre-tax income	$17.79M	-$16.92M	-$7.70M	$12.33M	$20.33M	$1.09M	$9.84M	$68.95M	$196.09M	$233.55M
Income tax	$2.28M	-$7.43M	-$547.00K	$2.44M	$3.67M	$461.00K	-$3.89M	$14.43M	$46.24M	$52.80M
Net income	$15.51M	-$9.49M	-$7.15M	$9.89M	$16.66M	$631.00K	$13.74M	$54.52M	$149.85M	$180.75M
EBITDA	$28.74M	-$6.58M	$3.78M	$23.49M	$29.61M	$11.35M	$16.58M	$71.13M	$185.64M	$225.12M
EPS (basic)	$1.36	$-0.83	$-0.62	$0.85	$1.43	$0.05	$1.16	$4.59	$12.51	$14.98
EPS (diluted)	$1.36	$-0.83	$-0.62	$0.85	$1.42	$0.05	$1.15	$4.50	$12.29	$14.86
Diluted shares	11.43M	11.45M	11.51M	11.63M	11.69M	11.79M	11.94M	12.12M	12.19M	12.17M
Gross margin	18.8%	12.8%	14.6%	16.8%	18.2%	16.0%	16.0%	21.1%	27.0%	29.4%
Operating margin	2.8%	-4.9%	-2.0%	2.2%	3.7%	0.2%	1.4%	8.9%	17.7%	19.7%
Net margin	2.7%	-2.4%	-1.6%	1.9%	3.2%	0.1%	2.6%	7.8%	14.8%	16.4%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$97.72M	$68.36M	$36.58M	$118.64M	$160.22M	$114.31M	$101.95M	$245.88M	$315.33M	$450.74M
Short-term investments	$0	$26.83M	$13.17M	$6.04M	$18.70M	$19.67M	$14.55M	$33.13M	$43.06M	$24.79M
Receivables	$101.05M	$53.85M	$92.55M	$112.09M	$69.96M	$78.30M	$106.11M	$206.59M	$214.41M	$217.06M
Inventory	$26.52M	$18.45M	$21.35M	$29.20M	$28.97M	$29.84M	$50.41M	$63.87M	$85.87M	$84.72M
Total current assets	$304.14M	$250.07M	$276.66M	$328.57M	$335.66M	$302.46M	$369.98M	$621.99M	$776.48M	$931.72M
Goodwill	—	$1.00M	$1.00M	$1.00M	$1.00M	$1.00M	$1.00M	$1.00M	$1.00M	$6.12M
Total assets	$462.52M	$414.99M	$429.95M	$467.41M	$472.28M	$436.19M	$493.38M	$752.24M	$928.18M	$1.11B
Total current liabilities	$118.25M	$85.58M	$117.85M	$157.90M	$152.95M	$121.16M	$186.37M	$395.69M	$428.01M	$446.39M
Short-term debt	$400.00K	$400.00K	$400.00K	$400.00K	$400.00K	$400.00K	$0	—	—	—
Long-term debt	$2.00M	$1.60M	$1.20M	$800.00K	$400.00K	$0	$0	—	—	—
Total debt	$2.40M	$2.00M	$1.60M	$1.20M	$800.00K	$400.00K	$0	—	—	—
Total liabilities	$127.20M	$93.69M	$128.31M	$168.26M	$165.65M	$134.97M	$196.17M	$407.22M	$445.11M	$468.21M
Shareholders' equity	$335.32M	$321.30M	$301.64M	$299.15M	$306.63M	$301.22M	$297.21M	$345.03M	$483.07M	$640.77M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$74.91M	$36.81M	-$28.54M	$68.76M	$72.39M	-$30.46M	-$3.58M	$182.55M	$108.66M	$167.94M
Capital expenditures	$3.04M	$3.62M	$4.42M	$4.25M	$5.16M	$2.93M	$2.45M	$7.82M	$11.98M	$13.15M
Free cash flow	$71.86M	$33.19M	-$32.96M	$64.50M	$67.23M	-$33.39M	-$6.03M	$174.73M	$96.68M	$154.79M
Investing cash flow	-$2.86M	-$30.45M	$10.43M	$2.96M	-$17.54M	-$2.46M	$6.46M	-$26.57M	-$21.87M	-$8.34M
Financing cash flow	-$17.37M	-$12.67M	-$13.03M	-$13.85M	-$13.10M	-$13.17M	-$13.31M	-$13.06M	-$19.25M	-$25.12M
Dividends paid	$11.85M	$11.88M	$11.92M	$12.00M	$12.07M	$12.14M	$12.23M	$12.41M	$12.65M	$12.87M
Share buybacks	$3.74M	$0	$0	—	—	—	—	—	—	—
Stock-based compensation	$4.88M	$2.72M	$3.15M	$3.84M	$3.47M	$2.58M	$4.09M	$4.60M	$4.75M	$4.63M
Depreciation & amortization	$12.98M	$12.76M	$12.90M	$12.03M	$10.54M	$10.34M	$9.36M	$8.61M	$6.87M	$7.26M

Income statement

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	$208.64M	$194.02M	$255.11M	$288.17M	$275.06M	$241.43M	$278.63M	$286.27M	$297.98M	$251.18M	$296.62M	$311.74M
Cost of revenue	$156.66M	$145.82M	$192.39M	$206.43M	$194.63M	$181.91M	$195.20M	$198.37M	$204.46M	$179.77M	$208.68M	$216.44M
Gross profit	$51.98M	$48.19M	$62.72M	$81.74M	$80.43M	$59.52M	$83.43M	$87.90M	$93.53M	$71.42M	$87.94M	$95.30M
Research & development	$1.75M	$1.97M	$2.28M	$2.43M	$2.75M	$2.48M	$2.75M	$2.66M	$3.13M	$3.27M	$4.29M	$4.30M
Selling, general & admin	$20.43M	$20.35M	$20.95M	$22.02M	$21.57M	$21.48M	$21.77M	$25.12M	$27.04M	$25.16M	$25.84M	$26.70M
Operating income	$29.80M	$25.88M	$39.49M	$57.29M	$56.12M	$35.57M	$58.92M	$60.12M	$63.24M	$42.77M	$57.58M	$64.08M
Pre-tax income	$32.72M	$29.88M	$43.92M	$61.80M	$60.50M	$39.44M	$62.47M	$64.10M	$67.54M	$47.04M	$61.78M	$69.12M
Income tax	$6.28M	$5.79M	$10.43M	$15.57M	$14.45M	$4.67M	$16.14M	$15.87M	$16.12M	$5.65M	$15.90M	$16.96M
Net income	$26.44M	$24.09M	$33.49M	$46.22M	$46.05M	$34.76M	$46.33M	$48.23M	$51.42M	$41.39M	$45.89M	$52.16M
EBITDA	$31.90M	$27.52M	$41.21M	$59.00M	$57.94M	$37.33M	$60.64M	$61.87M	$65.30M	$44.92M	$59.76M	$66.24M
EPS (basic)	$2.22	$2.02	$2.79	$3.85	$3.84	$2.89	$1.28	$1.33	$4.26	$3.42	$1.26	$1.43
EPS (diluted)	$2.17	$1.98	$2.75	$3.79	$3.77	$2.86	$1.27	$1.32	$4.22	$3.40	$1.25	$1.42
Diluted shares	14.00K	12.17M	12.19M	12.21M	8.00K	12.15M	36.52M	36.52M	-24.33M	12.16M	36.58M	36.60M
Gross margin	24.9%	24.8%	24.6%	28.4%	29.2%	24.7%	29.9%	30.7%	31.4%	28.4%	29.6%	30.6%
Operating margin	14.3%	13.3%	15.5%	19.9%	20.4%	14.7%	21.1%	21.0%	21.2%	17.0%	19.4%	20.6%
Net margin	12.7%	12.4%	13.1%	16.0%	16.7%	14.4%	16.6%	16.8%	17.3%	16.5%	15.5%	16.7%

Balance sheet

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Cash & equivalents	$245.88M	$321.40M	$323.26M	$332.01M	$315.33M	$325.60M	$359.54M	$398.47M	$450.74M	$490.63M	$537.71M	$633.56M
Short-term investments	$33.13M	$33.94M	$42.08M	$42.03M	$43.06M	$47.80M	$29.75M	$34.57M	$24.79M	$10.21M	$7.18M	$0
Receivables	$206.59M	$169.48M	$183.98M	$173.25M	$214.41M	$193.27M	$202.58M	$211.62M	$217.06M	$189.57M	$238.31M	$362.41M
Inventory	$63.87M	$69.68M	$82.08M	$85.14M	$85.87M	$88.11M	$89.02M	$88.53M	$84.72M	$84.96M	$86.30M	$95.37M
Total current assets	$621.99M	$674.83M	$716.64M	$735.69M	$776.48M	$761.94M	$810.63M	$880.16M	$931.72M	$920.09M	$1.01B	$1.23B
Goodwill	$1.00M	—	—	—	$1.00M	—	—	—	$6.12M	$6.13M	$6.04M	$6.05M
Total assets	$752.24M	$807.95M	$849.62M	$868.98M	$928.18M	$912.67M	$965.37M	$1.04B	$1.11B	$1.09B	$1.18B	$1.41B
Total current liabilities	$395.69M	$427.85M	$441.83M	$418.44M	$428.01M	$396.67M	$404.84M	$427.35M	$446.39M	$401.63M	$447.28M	$624.65M
Total liabilities	$407.22M	$441.63M	$455.83M	$432.24M	$445.11M	$416.34M	$424.00M	$447.31M	$468.21M	$425.48M	$470.97M	$650.51M
Shareholders' equity	$345.03M	$366.32M	$393.79M	$436.74M	$483.07M	$496.33M	$541.36M	$594.90M	$640.77M	$668.89M	$709.07M	$756.18M

Cash flow

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Operating cash flow	$77.24M	$83.90M	$16.99M	$13.76M	-$5.99M	$37.07M	$22.41M	$47.38M	$61.08M	$43.64M	$51.17M	$100.23M
Capital expenditures	$3.81M	$1.24M	$903.00K	$1.39M	$8.46M	$2.19M	$4.07M	$5.12M	$1.77M	$2.03M	$1.83M	$6.53M
Free cash flow	$73.43M	$82.66M	$16.09M	$12.37M	-$14.45M	$34.88M	$18.33M	$42.27M	$59.31M	$41.61M	$49.34M	$93.70M
Investing cash flow	-$11.18M	-$1.49M	-$9.76M	-$1.73M	-$8.90M	-$9.49M	$14.06M	-$8.78M	-$4.13M	$12.92M	$1.04M	$521.00K
Financing cash flow	-$3.19M	-$7.88M	-$4.90M	-$3.18M	-$3.30M	-$15.18M	-$3.23M	-$3.26M	-$3.45M	-$17.27M	-$3.74M	-$3.48M
Dividends paid	$3.12M	$3.12M	$3.17M	$3.18M	$3.18M	$3.19M	$3.23M	$3.23M	$3.23M	$3.23M	$3.28M	$3.28M
Stock-based compensation	$685.00K	$1.66M	$1.21M	$957.00K	$927.00K	$1.51M	$1.03M	$1.13M	$960.00K	$1.57M	$1.27M	$1.44M
Depreciation & amortization	$2.10M	$1.64M	$1.72M	$1.71M	$1.83M	$1.75M	$1.72M	$1.74M	$2.05M	$2.15M	$2.18M	$2.17M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.