{"schema_version":"secwatch.filing_event.v1","accession":"0000080420-23-000036","form_type":"8-K","ticker":"POWL","cik":"0000080420","company_name":"POWELL INDUSTRIES INC","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.684402+00:00","generated_at":"2026-06-12T19:48:17.240205+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Powell Industries Q3 revenue up 42% to $192M; record backlog of $1.3B; declares $0.2625 dividend","bullets":["Net income $18.5M ($1.52 diluted EPS) vs $9.1M ($0.76) a year ago; prior year included $7.5M non-recurring items.","Gross margin improved 810 bps to 22.2%; new orders totaled $505M vs $202M in prior year.","Backlog nearly tripled to record $1.3B, up 31% sequentially; cash and short-term investments $210M.","Board declared quarterly cash dividend of $0.2625 per share, payable Sept 20 to record Aug 16."],"urls":{"canonical":"https://secwatch.observer/filing/0000080420-23-000036","json":"https://secwatch.observer/filing/0000080420-23-000036.json","markdown":"https://secwatch.observer/filing/0000080420-23-000036.md","text":"https://secwatch.observer/filing/0000080420-23-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000036/0000080420-23-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000036/powl-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T19:48:17.240205+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ab3e793c6e9f5a26bbf7da2b34d6dc21de65ef7b","claim":"POWELL INDUSTRIES INC reported fiscal 2023 third quarter ended June 30, 2023 results: revenue $192 million, net income $19 million, or $1.52 per diluted share, EPS $1.52 per diluted share.","evidence_excerpt":"June 30, 2023. All comparisons are to the comparable period in the prior fiscal year, unless otherwise noted. Fiscal Third Quarter Key Highlights: • Revenues increased 42% to $192 million; • Backlog (1) nearly tripled to a record $1.3 billion; • New orders (2) totaled $505 million, an increase of $303 million; • Gross margin improved 810 basis points to 22.2%; •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000036/0000080420-23-000036-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 third quarter ended June 30, 2023"},{"label":"Revenue","value":"$192 million"},{"label":"Net income","value":"$19 million, or $1.52 per diluted share"},{"label":"EPS","value":"$1.52 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}