Short answer
POWELL INDUSTRIES INC (POWL) filed an 8-K current report with the SEC on May 4, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Fiscal 2026 second-quarter results for period ended March 31, 2026.
POWELL INDUSTRIES INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Fiscal 2026 second-quarter results for period ended March 31, 2026
- Press release issued May 4, 2026, with financial results and operating commentary
- Full results and management disclosures available in Exhibit 99.1
Item EX-99.1 · Exhibit EX-99.1
- Q2 FY2026 revenue $296.6M, up 6%; gross margin 29.6% versus 29.9% year over year
- Orders surged 97% to $490M, producing 1.7x book-to-bill and strengthening forward revenue visibility
- Backlog reached $1.8B, up 33% year over year and 12% sequentially
- Post-quarter data-center award exceeded $400M, the largest order in Powell’s history, reinforcing AI infrastructure exposure
- Net income $45.9M, down 1%, as higher compensation and R&D offset revenue growth; cash and short-term investments totaled $544.9M
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