---
schema_version: "secwatch.filing_event.v1"
accession: "0000080420-23-000004"
form_type: "8-K"
ticker: "POWL"
cik: "0000080420"
company_name: "POWELL INDUSTRIES INC"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T06:02:11.036639+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Powell Industries Q1 revenue up 19% YoY, backlog record $680M, net income $0.10/share vs loss year ago

## Summary
- Revenue $126.9M, up 19%; net income $1.2M ($0.10 diluted) vs net loss $2.8M ($0.24 loss) prior year.
- Backlog record $680M (+63% YoY); new orders $212M, nearly doubled; book-to-bill 1.7x.
- Gross margin improved 270 bps to 15.3% from 12.6%.
- Dividend raised 1% to $0.2625 quarterly ($1.05 annual), payable March 15, 2023 to holders of record Feb 15, 2023.
- Management confident in revenue and earnings growth for fiscal 2023.

## SEC filing metadata
- accession: 0000080420-23-000004
- form_type: 8-K
- ticker: POWL
- cik: 0000080420
- company_name: POWELL INDUSTRIES INC
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80420/000008042023000004/0000080420-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80420/000008042023000004/powl-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080420-23-000004
- JSON: https://secwatch.observer/filing/0000080420-23-000004.json
- Plain text: https://secwatch.observer/filing/0000080420-23-000004.txt

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