Highest-materiality recent filing
Powell Industries Q3 revenue $312M (+9% YoY); new orders surge 158% to $934M
Net income $52.2M ($1.42 diluted EPS), up 8% YoY; gross margin 30.6%.
Compensation Committee approved special one-time RSU award of 36,000 shares to President and CEO Brett A. Cope on July 1, 2026.
Powell Industries declares $0.09 quarterly dividend payable June 17, 2026
Quarterly cash dividend of $0.09 per common share declared.
Powell Industries Q2 Fiscal 2026 Revenue Up 6%, New Orders Surge 97%
Revenue reached $297 million, up 6% year-over-year; gross profit of $88 million at 29.6% margin.
Powell Industries files amendment for three-for-one stock split; effective April 1
Three-for-one forward stock split of common stock.
Powell Industries stockholders re-elect two directors, approve say-on-pay; appoints new audit chair
Alaina K. Brooks and Katheryn B. Curtis re-elected as directors with terms to expire in FY2029.
Powell Industries Q1 net income up 19% to $41.4M; orders surge 63% to $439M
Revenue $251M, up 4% YoY; gross margin 28.4% vs 24.7% prior year.
Powell Industries boosts CEO and CFO equity awards; adds revenue growth metric
CEO Cope's Fiscal 2026 target equity value raised to $2.2M from 170% of $750K salary.
Powell Industries Q4 EPS $4.22 (+12% YoY); revenue $298M (+8%); backlog $1.4B
Q4 net income $51.4M ($4.22 diluted EPS) vs $46.1M ($3.77) prior year; gross margin 31.4% vs 29.2%.
Powell Industries declares $0.2675 quarterly dividend payable Dec 17, 2025
Board declared quarterly cash dividend of $0.2675 per share.
Powell Q3 EPS $3.96, orders $362M, backlog $1.4B; acquires Remsdaq for substation automation
Q3 FY2025: net income $48.2M ($3.96 diluted EPS) vs $46.2M ($3.79) YoY; revenue $286.3M, essentially flat.
Powell Industries appoints Mark W. Smith to board, effective August 1, 2025
Board size increased from 8 to 9; Smith fills newly created directorship.
Powell Industries Q2 FY2025 net income $46.3M ($3.81 EPS), revenue $279M, gross margin 29.9%
Revenues $278.6M (+9% YoY); net income $46.3M ($3.81 diluted EPS) +38% YoY.
Maximum number of directors reduced from 15 to 11.
Directors Brett A. Cope, John G. Stacey, Richard E. Williams re-elected with terms expiring FY2028.
Powell Industries Q1 FY2025 revenue $241M (+24% YoY), EPS $2.86 (+44% YoY), new orders $269M (+36%)
Revenue $241M (+24% YoY); gross profit $59.5M (24.7% margin); net income $34.8M ($2.86 diluted EPS, +44%).
Powell Industries raises quarterly dividend to $0.2675 per share
Quarterly cash dividend increased to $0.2675 per share (POWL).
Powell Industries Q4 EPS $3.77, revenue $275M (+32% YoY); FY2024 revenue $1.0B, EPS $12.29
Net income Q4 $46.1M ($3.77 diluted EPS) vs $26.4M ($2.17) YoY, up 74%.
Powell Industries declares $0.2650 quarterly dividend payable Dec 18
Dividend of $0.2650 per share on common stock declared by Board on Nov 5, 2024.
Powell Industries Q3 rev $288M (+50% YoY), EPS $3.79; declares $0.265 dividend
Revenue $288M, +50% YoY; net income $46.2M ($3.79 diluted EPS) vs $18.5M ($1.52) last year.
Powell reports Q2 FY2024 net income $33.5M ($2.75 EPS), revenue up 49% to $255M
Revenue $255.1M (+49% YoY); gross margin 24.6% (up 510 bps from 19.5%).
Director John D. White resigns per age policy; Mohit Singh elected to board
John D. White resigned from the board effective Feb. 14, 2024, under the age-75 policy.
Powell Industries Q1 revenue up 53% to $194M, EPS $1.98 vs $0.10; dividend raised 1%
Revenue $194M (+53% YoY); net income $24.1M ($1.98 diluted EPS) vs $1.2M ($0.10) a year ago.
Powell Industries CAO retires; CFO Metcalf named principal accounting officer
Milburn E. Honeycutt retired as VP, Corporate Controller and CAO on Jan 5, 2024.
Powell Industries Q4 revenue up 28% to $209M; EPS $2.17; backlog $1.3B
Q4 revenue $208.6M (+28% YoY); net income $26.4M ($2.17 diluted EPS) incl $0.22 unusual benefit.
Powell Industries declares $0.2625 quarterly dividend, payable Dec 13
Quarterly cash dividend of $0.2625 per share declared.
Powell Industries amends credit facility, increases revolver to $150M
Third Amendment raises revolving credit line from $125M to $150M.
Powell Industries Q3 revenue up 42% to $192M; record backlog of $1.3B; declares $0.2625 dividend
Net income $18.5M ($1.52 diluted EPS) vs $9.1M ($0.76) a year ago; prior year included $7.5M non-recurring items.
Powell Industries board opts for annual say-on-pay vote after stockholder advisory vote
Board determined to hold advisory vote on executive compensation every year based on stockholder vote outcome.
Powell Q2 revenue up 34% to $171M; net income $8.5M vs loss; backlog record $1B
Revenue $171.4M (+34% YoY); net income $8.5M ($0.70 diluted EPS) vs net loss of $1.2M (-$0.10) last year.
Powell Industries increases revolving credit facility from $75M to $125M
Revolving line of credit increased from $75M to $125M under second amendment to credit agreement.
Powell Industries CAO Milburn Honeycutt to retire effective Jan 5, 2024
Milburn E. Honeycutt, VP, Corporate Controller and CAO, notified company of retirement.
Shareholders approved amendment to 2014 Equity Incentive Plan extending term to Dec 1, 2028 and increasing authorized shares to 1,350,000.
Revenue $126.9M, up 19%; net income $1.2M ($0.10 diluted) vs net loss $2.8M ($0.24 loss) prior year.
Powell Industries Q4 revenue up 26% to $163M; record backlog $592M, EPS $0.73
Q4 revenue $162.7M (+26% YoY); net income $8.7M ($0.73 diluted) vs $3.3M ($0.28) last year.
Powell Industries reports Q3 net income $0.76 EPS; revenue $135.5M; declares $0.26 dividend
Net income of $9.1M ($0.76 diluted EPS), vs net loss of $2.0M in year-ago quarter.
Perry L. Elders resigned as director and audit committee chair, effective May 10, 2022.
Powell Industries declares $0.26/share quarterly dividend payable June 15, 2022
Board declared a quarterly cash dividend of $0.26 per share.
Powell Industries Q2 revenue $128M, net loss $1.2M; new orders $151M up 70% YoY
Net loss $1.2M ($0.10/diluted share) vs loss $2.8M in Q1; tax provision on higher expected FY income.
Powell Industries stockholders approve all proposals at 2022 annual meeting
Re-elected Brett A. Cope and Richard E. Williams, elected John G. Stacey as director for term ending FY2025.
Powell Industries reports Q1 net loss of $2.8M; revenues flat YoY at $106.6M
Net loss of $2.8M ($0.24 loss per diluted share) vs. net loss of $0.4M in Q1 2021.
Powell Industries declares $0.26 quarterly dividend payable March 16, 2022
Quarterly cash dividend of $0.26 per share declared by Board of Directors.
Powell Industries Q4 FY2021 revenue $129.5M, EPS $0.28; FY net income $0.6M
Q4 FY2021 revenue $129.5M, net income $3.3M ($0.28 diluted EPS).
Powell Industries Q3 net loss of $2.0M ($0.17/diluted); declares $0.26 dividend
Revenue $115.8M, net loss $2.0M ($0.17 loss per diluted share) vs prior year net income $3.5M ($0.30 EPS).
John D. White tendered his resignation from the Board, effective at the Company’s 2024 annual meeting of stockholders (the end of his then current term), which was held on February 14, 2024
On January 5, 2024, Milburn E. Honeycutt retired from his positions as Vice President, Corporate Controller and Chief Accounting Officer of Powell Industries, Inc.
In connection with Mr. Honeycutt’s retirement, the Company designated Michael W. Metcalf, Executive Vice President and Chief Financial Officer, as the Company’s principal accounting officer effective January 5, 2024.
On April 3, 2023, Powell Industries, Inc. (the “Company”) received notification from Milburn E. Honeycutt, Vice President, Corporate Controller and Chief Accounting Officer of the Company, that Mr. Honeycutt intends to retire effective as of January 5, 2024.
On May 10, 2022, Perry L. Elders resigned from the board of directors (the “Board”) of Powell Industries, Inc. (the “Company”) and all committees thereof effective immediately.
Max materiality 0.90 · Median 0.60 · Most common event earnings