Powell Industries reported record fourth‑quarter and full‑year Fiscal 2025 results, with revenue rising 8% to $298.0 million and diluted earnings per share climbing to $4.22, a 12% increase over the $3.77 EPS reported a year earlier. Gross profit margin expanded to 31.4% from 29.2% year‑over‑year, driven by a higher mix of high‑margin utility and data‑center contracts and disciplined cost management. The company’s backlog stood at $1.4 billion as of September 30, 2025, up 3% from the prior year and flat versus the $1.4 billion reported on June 30, 2025; management estimates that 65% of the backlog will convert to revenue within the next 12 months, underscoring strong visibility into Fiscal 2026.
Continue reading for full analysis...