{"schema_version":"secwatch.filing_event.v1","accession":"0000080420-23-000047","form_type":"8-K","ticker":"POWL","cik":"0000080420","company_name":"POWELL INDUSTRIES INC","filed_at":"2023-12-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.045257+00:00","generated_at":"2026-06-07T18:24:47.862407+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Powell Industries Q4 revenue up 28% to $209M; EPS $2.17; backlog $1.3B","bullets":["Q4 revenue $208.6M (+28% YoY); net income $26.4M ($2.17 diluted EPS) incl $0.22 unusual benefit.","Full-year revenue $699.3M (+31%); net income $54.5M ($4.50 diluted EPS) vs $1.15 in FY2022.","Full-year new orders $1.4B (double prior year); backlog $1.3B at Sep 30, 2023 (+118% YoY).","Full-year gross margin improved 510 bps to 21.1%; cash and short-term investments $279M.","Outlook: Fiscal 2024 margins expected similar to 2023; strong commercial outlook across end markets."],"urls":{"canonical":"https://secwatch.observer/filing/0000080420-23-000047","json":"https://secwatch.observer/filing/0000080420-23-000047.json","markdown":"https://secwatch.observer/filing/0000080420-23-000047.md","text":"https://secwatch.observer/filing/0000080420-23-000047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000047/0000080420-23-000047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000047/powl-20231205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T18:24:47.862407+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":"84c078af8b26ee42e4b99a2cf202ab2fe26408d8","claim":"POWELL INDUSTRIES INC reported fiscal 2023 fourth quarter and full year ended September 30, 2023 results: revenue $209 million, net income $26 million, EPS $2.17 per diluted share.","evidence_excerpt":"year ended September 30, 2023. All comparisons are to the comparable period in the prior fiscal year, unless otherwise noted. Fourth Quarter Key Highlights: • Revenues totaled $209 million, an increase of 28%; • Gross profit was $52 million, or 24.9% of revenue, an improvement of 430 basis points; • Net Income was $26 million, or $2.17 per diluted share, and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/80420/000008042023000047/0000080420-23-000047-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 fourth quarter and full year ended September 30, 2023"},{"label":"Revenue","value":"$209 million"},{"label":"Net income","value":"$26 million"},{"label":"EPS","value":"$2.17 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"}