---
schema_version: "secwatch.filing_event.v1"
accession: "0000080420-22-000016"
form_type: "8-K"
ticker: "POWL"
cik: "0000080420"
company_name: "POWELL INDUSTRIES INC"
filed_at: "2022-05-03T23:59:59+00:00"
generated_at: "2026-06-26T01:44:50.723565+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Powell Industries Q2 revenue $128M, net loss $1.2M; new orders $151M up 70% YoY

## Summary
- Net loss $1.2M ($0.10/diluted share) vs loss $2.8M in Q1; tax provision on higher expected FY income.
- Revenue $127.9M vs $118.7M YoY; gross margin 14.9% improved 230 bps sequentially.
- New orders $151M, backlog $440M (+6% sequentially); book-to-bill 1.2x.
- Cash & short-term investments $114M as of March 31, 2022.
- Management expects profitability improvement in H2 FY2022 on pricing, factory efficiencies, cost controls.

## SEC filing metadata
- accession: 0000080420-22-000016
- form_type: 8-K
- ticker: POWL
- cik: 0000080420
- company_name: POWELL INDUSTRIES INC
- filed_at: 2022-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80420/000008042022000016/0000080420-22-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80420/000008042022000016/powl-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080420-22-000016
- JSON: https://secwatch.observer/filing/0000080420-22-000016.json
- Plain text: https://secwatch.observer/filing/0000080420-22-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.