Powell Industries Q3 FY26 net income rises 8% to $52.2 million; revenue climbs 9% to $312 million

Reuters2026/08/03 20:11

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Powell Industries posted Q3 fiscal 2026 net income of USD 52.2 million, up 8%, with diluted EPS of USD 1.42, up 8%.
Revenue rose 9% to USD 312 million, while gross profit climbed 8% to USD 95.3 million and gross margin slipped 0.1 percentage point to 30.6%.
New orders more than doubled to USD 934 million, up 158%, driving a book-to-bill ratio of 3.0x and backlog up 69% to USD 2.4 billion.
Quarter awards included three mega orders: a data center contract exceeding USD 400 million, an LNG order near USD 60 million, a petrochemical order about USD 75 million.
Management expects gross margins to stay consistent with the trailing 12 months, with the Jacintoport yard expansion set to finish by fiscal 2026 year-end.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Powell Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608031605PRIMZONEFULLFEED9802586) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Powell Industries Q3 FY26 net income rises 8% to $52.2 million; revenue climbs 9% to $312 million

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