Powell Industries Announces Third Quarter Fiscal 2026 Results
Powell Industries reported fiscal Q3 revenue of $312 million, up 9% year-over-year, with net income increasing 8% to $52 million or $1.42 per diluted share. The company achieved a record $934 million in new orders, a 158% increase, which drove total backlog to $2.4 billion, up 69% from the prior year, resulting in a book-to-bill ratio of 3.0x.
Key figures
- Eps
- 1.42
- Revenue
- $312 million
- Revenue Yoy
- 9%
- Cash
- $634 million
- Backlog
- $2.4 billion
- Net income
- $52 million
- New orders
- $934 million
- Gross margin
- 30.6%
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