Powell Industries Inc income statement
In fiscal 2025, Powell Industries Inc reported revenue of $1.10bn, up 9.1% on the year before, operating income of $218m (a 19.7% margin) and net income of $181m, or $14.86 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 551 | 562 | 691 | 641 | 648 | 662 | 565 | 396 | 449 | 517 | 518 | 471 | 533 | 699 | 1,012 | 1,104 | 1,158 |
| Cost of revenue | — | — | — | — | — | — | 459 | 345 | 383 | 430 | 424 | 395 | 448 | 552 | 739 | 780 | 809 |
| Gross profit | 142 | 100 | 133 | 138 | 125 | 108 | 106 | 51 | 65 | 87 | 95 | 75 | 85 | 148 | 273 | 324 | 348 |
| Research and development | 7 | 8 | 6 | 8 | 8 | 7 | 7 | 7 | 7 | 6 | 6 | 7 | 7 | 6 | 9 | 11 | 15 |
| Selling, general and administrative | 84 | 78 | 77 | 80 | 88 | 77 | 75 | 62 | 67 | 70 | 68 | 67 | 71 | 79 | 85 | 95 | 105 |
| Operating income | 46 | 3 | 47 | 46 | 29 | 21 | 16 | −19 | −9 | 11 | 19 | 1 | 7 | 63 | 179 | 218 | 228 |
| Interest expense | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — | — | — |
| Income before tax | 45 | 4 | 47 | 47 | 31 | 23 | 18 | −17 | −8 | 12 | 20 | 1 | 10 | 69 | 196 | 234 | 245 |
| Income tax | 20 | 7 | 18 | 7 | 11 | 14 | 2 | −7 | −1 | 2 | 4 | 0 | −4 | 14 | 46 | 53 | 55 |
| Net income | 25 | −3 | 30 | 42 | 29 | 9 | 16 | −9 | −7 | 10 | 17 | 1 | 14 | 55 | 150 | 181 | 191 |
| Diluted EPS | $2.14 | −$0.23 | $2.49 | $3.51 | $2.42 | $0.79 | $1.36 | −$0.83 | −$0.62 | $0.85 | $1.42 | $0.05 | $1.15 | $4.50 | $12.29 | $14.86 | — |
| Diluted shares (average) | 12m | 12m | 12m | 12m | 12m | 12m | 11m | 11m | 12m | 12m | 12m | 12m | 12m | 12m | 12m | 12m | — |
| EBITDA | 59 | 18 | 60 | 56 | 41 | 34 | 29 | −7 | 4 | 23 | 30 | 11 | 17 | 71 | 186 | 225 | 236 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 275 | 241 | 279 | 286 | 298 | 251 | 297 | 312 |
| Cost of revenue | 195 | 182 | 195 | 198 | 204 | 180 | 209 | 216 |
| Gross profit | 80 | 60 | 83 | 88 | 94 | 71 | 88 | 95 |
| Research and development | 3 | 2 | 3 | 3 | 3 | 3 | 4 | 4 |
| Selling, general and administrative | 22 | 21 | 22 | 25 | 27 | 25 | 26 | 27 |
| Operating income | 56 | 36 | 59 | 60 | 63 | 43 | 58 | 64 |
| Income before tax | 60 | 39 | 62 | 64 | 68 | 47 | 62 | 69 |
| Income tax | 14 | 5 | 16 | 16 | 16 | 6 | 16 | 17 |
| Net income | 46 | 35 | 46 | 48 | 51 | 41 | 46 | 52 |
| Diluted EPS | $3.77 | $2.86 | $1.27 | $1.32 | $0.68 | $1.13 | $1.25 | $1.42 |
| EBITDA | 58 | 37 | 61 | 62 | 65 | 45 | 60 | 66 |
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