Powell Industries, Inc. (POWL)

Powell Industries trailed consensus on both the top and bottom line in the third fiscal quarter of 2026, reported August 3, as revenue of USD 311.7 million came in below the USD 316.7 million estimate (-1.6%) and EPS of $1.42 trailed the $1.47 estimate (-3.4%). Even so, revenue rose ~9% year over year to about $311.7 million from roughly $286.3 million, with the largest Oil and gas (excludes petrochemical) segment generating about $106.3 million (up ~1%) while growth was more pronounced in Electric utility at roughly $88.6 million (up ~18%) and Commercial and other industrial at about $76.3 million (up ~54%). Profitability held at elevated levels, with gross margin near 31% on gross profit of about $95.3 million and operating margin around 21% alongside operating income of roughly $64.1 million. Net income increased ~8% year over year to about $52.2 million from roughly $48.2 million, and operating cash flow was about $100.2 million, while the company paid roughly $3.3 million in dividends. By geography, the United States remained the clear center of revenue at about $250.6 million (up ~12%), while Asia/Pacific grew sharply to roughly $11.8 million (up ~553%). Next-period consensus calls for EPS of USD 1.52 on revenue of USD 335.1 million.