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Powell Industries POWL Business Segments — Operating Expenses

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Other financials

Income statement

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Revenue$296.6M+6.5%
Gross profit$87.9M+5.4%
Operating income$57.6M-2.3%
Net income$45.9M-1.0%
EPS (diluted)$1.25-1.6%

Balance sheet

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Cash & equivalents$537.7M+49.6%
Total debt$2.0M+38.6%
Total equity$709.1M+31.0%
Total assets$1.2B+22.2%

Cash flow

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Operating cash flow$51.2M+128%
CapEx$1.8M-55.0%
Free cash flow$49.3M+169%

Valuation

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Market cap$7.59B+176%
Enterprise value$7.05B+200%
P/E40.6×+24.9×
P/S6.7×+4.2×

Profitability

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Gross margin30.1%+1.9pp
Operating margin19.8%+0.6pp
Net margin16.5%+0.5pp
FCF margin17%

Returns & leverage

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Return on equity29.9%-7.2pp
Debt / equity0.0×
Current ratio2.3×+0.3×

Where this comes from

Reported directly by Powell Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: Powell Industries’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 12:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000080420-26-000070
Line itemThree months ended March 31, 2026Three months ended March 31, 2025Six months ended March 31, 2026Six months ended March 31, 2025
Research and development expenses4,2892,7467,5565,222
Amortization223445
Realized currency (gain) loss(168)210(47)104
Total segment operating expenses239,034219,712447,447425,571
Operating income / EBIT57,58158,919100,35294,491
Interest income, net(4,203)(3,555)(8,468)(7,420)
Income tax provision15,89716,14421,54320,818
Segment net income$45,887$46,330$87,277$81,093

Item 1. Financial Statements

FAQ

What is Powell Industries's business segments — operating expenses?
Powell Industries (POWL) reported business segments — operating expenses of $239.03M in Q1 2026.
How has Powell Industries's business segments — operating expenses changed year-over-year?
Powell Industries's business segments — operating expenses increased by 8.8% year-over-year, from $219.71M to $239.03M.
What does business segments — operating expenses mean?
The aggregate of all costs incurred to operate the segment, excluding the cost of goods sold. This includes selling, marketing, R&D, and administrative costs, providing a comprehensive view of the segment's operational cost structure.

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