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Powell Industries, Inc. (POWL)
NASDAQ:POWL
Earnings Data
Report Date
May 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
3.96Last Year’s EPS
3.81Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong commercial momentum and financial performance: revenue and orders grew, gross margin expanded substantially, net income and EPS improved, backlog reached a record $1.6B with a 1.7x book-to-bill, and the balance sheet remains strong with $501M cash and no debt. Management is actively investing in capacity (Jacintoport expansion, leased facilities) and pursuing data center and LNG opportunities, including recent mega orders. Key risks discussed include seasonal sequential softness, a notable decline in petrochemical revenue, SG&A increases, skilled labor and engineering constraints, raw material volatility, and backlog conversion/timing risk (only ~60% of backlog expected to convert in 12 months). Overall the positives (strong bookings, margin expansion, record backlog, solid cash position) outweigh the challenges, though execution of capacity expansion and skilled labor hiring will be important to sustain momentum.Company Guidance
Revenue Growth
Net revenue of $251.0M in Q1 FY2026, up 4% versus $241.0M in Q1 FY2025.
Strong Margin Expansion
Gross profit rose to $71.0M (up $12M, ~20% increase) and gross margin expanded 380 basis points year-over-year to 28.4%; trailing 12‑month margins ~30%.
Earnings and EPS Improvement
Net income of $41.4M and diluted EPS of $3.40, up 19% versus prior-year net income of $34.8M and EPS $2.86.
Record New Orders and Mega Wins
New orders of $439M in the quarter, up 63% year-over-year; included two 'mega' awards: an LNG contract >$100M and a data center mega order ~ $75M; data center orders totaled >$100M in the quarter.
Healthy Book-to-Bill and Backlog
Book-to-bill of 1.7x and record backlog of $1.6B (highest in company history), up $219M year-over-year and $191M sequentially; backlog composition: oil & gas ~30%, utilities ~30%, commercial & other industrial 22% (data centers ~15%).
Strong Balance Sheet and Cash Generation
Cash and short-term investments of $501M (up from $476M at 9/30/25), no debt; operating cash flow of $43.6M in Q1; capital expenditures of $2M focused on capacity/productivity.
International and Utility Revenue Strength
International revenue up 29% (+$13M) to $44M; utility sector revenue increased 35% year-over-year, oil & gas revenue up 2%.
Capacity Investments Underway
Jacintoport facility expansion progressing on schedule to complete in H2 FY2026; added a 50,000 sq ft leased facility to support production and inventory; management evaluating additional capacity investments to support growth.
Commercial Momentum in Data Centers
Commercial & other industrial market accounted for nearly half of orders in the quarter; data center portion of backlog at record levels (~15%), with increasing customer engagement and initial U.S. wins for acquired Remsdaq technology.
POWL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
POWL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 03, 2026 | $453.02 | $527.05 | +16.34% |
Nov 18, 2025 | $321.24 | $285.15 | -11.23% |
Aug 05, 2025 | $235.68 | $227.30 | -3.56% |
May 06, 2025 | $189.44 | $174.21 | -8.04% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Powell Industries, Inc. (POWL) report earnings?
Powell Industries, Inc. (POWL) is schdueled to report earning on May 05, 2026, After Close (Confirmed).
What is Powell Industries, Inc. (POWL) earnings time?
Powell Industries, Inc. (POWL) earnings time is at May 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is POWL EPS forecast?
POWL EPS forecast for the fiscal quarter 2026 (Q2) is 3.96.