Powell Industries Q2 Fiscal 2026 Revenue Up 6%, New Orders Surge 97%

POWELL INDUSTRIES INC

2026-Q2 EPS reported $2.39 revenue$547,799,000

Revenue reached $297 million, up 6% year-over-year; gross profit of $88 million at 29.6% margin.
Net income of $45.9 million ($1.25 per diluted share) declined 1% due to higher SG&A and R&D costs.
New orders totaled $490 million, a 97% increase; backlog rose to $1.8 billion, up 33%.
Subsequent to quarter end, awarded a mega data center order exceeding $400 million, the largest in company history.
Cash and short-term investments stood at $545 million as of March 31, 2026.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

POWELL INDUSTRIES INC reported its fiscal 2026 second quarter ended March 31, 2026 results: revenue $296.6 million, net income $45.9 million, EPS $1.25 per diluted share.

Period: its fiscal 2026 second quarter ended March 31, 2026
Revenue: $296.6 million
Net income: $45.9 million
EPS: $1.25 per diluted share
Result: reported results

Exact text from the filing

results for the second quarter Fiscal 2026 ended March 31, 2026. All comparisons are to the second quarter of Fiscal 2025, unless otherwise noted. Key Highlights: • Revenues of $297 million increased 6%; • Gross profit of $88 million, or 29.6% of revenue, increased 5%; • Net income of $45.9 million, or $1.25 per diluted share (1) , declined 1%; • New orders (2)

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accession 0000080420-26-000063

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