Financial Data and Key Metrics Changes - The company achieved a gross profit dollar growth of 16% and revenue growth of 8% in the fourth quarter compared to the same period last year, generating $61 million in operating cash flow [4][15] - The fourth quarter gross profit margin reached a record 31.4%, which is 215 basis points higher than the prior year [4][18] - For the full fiscal year 2025, revenues increased by 9% to $1.1 billion, with net income rising to $180.7 million, or $14.86 per diluted share, compared to $149.8 million, or $12.29 per diluted share in the prior year [22][23] Business Line Data and Key Metrics Changes - The electric utility sector saw revenues double compared to the same period last year, while the light rail traction sector increased by 85% [17][19] - The commercial and other industrial sectors experienced a 9% decline due to project timing, while revenues from petrochemical and oil and gas sectors decreased by 25% and 10%, respectively [17][19] - The company booked $271 million in new orders during the fourth quarter, a 1% increase year-over-year, with a total of $1.2 billion in new orders for the full year, representing a 9% increase [7][21] Market Data and Key Metrics Changes - The company reported that electric utility and oil and gas sectors each now make up one-third of the total backlog, which increased to $1.4 billion, $41 million higher than the end of fiscal 2024 [16][22] - International revenues increased by 38% to $68 million, while domestic revenues rose by 2% to $239 million [17][19] - The backlog is well balanced across markets and geographies, with 60% of it convertible in 2026 [68] Company Strategy and Development Direction - The company is focusing on diversifying its business and growing in strategic markets, particularly electric utility and commercial sectors, which now account for 41% of revenue and 48% of total backlog [5][6] - A $12.4 million investment is being made to expand capacity at the JacintoPort facility, primarily to support oil and gas customers and anticipated LNG project developments [9][10] - The acquisition of REMSDAC is expected to enhance the company's electrical automation strategy and expand its product offerings in various markets [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the commercial environment for all end markets, expecting continued momentum into fiscal 2026, particularly in the oil and gas and electric utility sectors [12][13] - The company noted a divergence in market performance, with some softness in traditional oil and gas markets being offset by strength in electric utility and data center opportunities [8][12] - Management highlighted the importance of maintaining a stable pricing environment and disciplined project execution to support future performance [24] Other Important Information - The company holds zero debt and ended fiscal 2025 with cash, cash equivalents, and short-term investments of $476 million, reflecting strong commercial activity [23][24] - Research and development spending increased by 17% to $11 million, focusing on new product design and development [22] Q&A Session Summary Question: Changes in competitive landscape or pricing environment - Management noted that the oil and gas market remains healthy, but some regions are softer and more price-sensitive, while the electric utility market is more demand-driven [29][30] Question: Seasonality and first quarter outlook - The first quarter is expected to be seasonally softer due to holidays, but overall optimism for the year remains high [31] Question: SG&A expenses and one-time M&A costs - SG&A expenses increased by $5 million year-over-year, with $3 million attributed to compensation and nearly $2 million to acquisition-related costs [33] Question: Trends in commercial and industrial (C&I) sector - Management indicated that the decline in the C&I sector was largely due to timing, with significant growth opportunities in data centers [39] Question: Sustainability of growth in the utility sector - Management expressed confidence in the utility sector's growth, highlighting equal weighting in backlog between oil and gas and utility sectors [40] Question: LNG project timelines and fundamentals - Management acknowledged delays in LNG project final investment decisions (FID) but remains optimistic about the sector's fundamentals [49][50] Question: R&D spending and commercialization timeline - R&D spending is expected to continue at current levels, with some products anticipated to hit the market in 2026 [64][66] Question: CapEx budget for 2026 - The CapEx budget for 2026 includes $12.4 million for the JacintoPort expansion and $5-$7 million for maintenance and productivity projects [67] Question: Data center revenue as a percentage of backlog - Data center revenue accounts for about 15% of the backlog, with half of that being attributed to data centers, which is an increase from the previous year [71]

Financial Data and Key Metrics Changes - In Q4 2025, the company achieved a gross profit dollar growth of 16% and revenue growth of 8% compared to Q4 2024, generating $61 million in operating cash flow [4][15] - The quarterly gross profit margin reached a record of 31.4%, which was 215 basis points higher than the prior year [4][18] - For the full year 2025, revenues increased by 9% to $1.1 billion, with net income rising to $180.7 million, or $14.86 per diluted share, compared to $149.8 million, or $12.29 per diluted share in the prior year [20][23] Business Line Data and Key Metrics Changes - The electric utility sector saw a doubling of revenue compared to the same period last year, while the light rail traction sector increased by 85% [17][19] - The petrochemical sector experienced a decline of 25%, and the oil and gas sector decreased by 10% due to challenging comparisons from large industrial project orders booked in fiscal 2023 [17][19] - The company booked $271 million in new orders in Q4 2025, a 1% increase year-over-year, with a total of $1.2 billion in new orders for the full year, up 9% from fiscal 2024 [6][21] Market Data and Key Metrics Changes - Domestic revenues increased by 2% to $239 million, while international revenues surged by 38% to $68 million [17] - The backlog at the end of fiscal 2025 was $1.4 billion, with electric utility and oil and gas sectors each comprising one-third of the total backlog [16][24] - Approximately 60% of the backlog is expected to be convertible in 2026 [68] Company Strategy and Development Direction - The company is focusing on expanding its presence in the electric utility and commercial sectors, which accounted for 41% of revenue in fiscal 2025 [5] - A $12.4 million investment to expand capacity at the JacintoPort facility is aimed at supporting anticipated LNG project development over the next three to five years [8][9] - The acquisition of REMSDAC is expected to enhance the company's electrical automation strategy and product offerings [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the commercial environment for all end markets, expecting continued momentum into fiscal 2026 [11][12] - The fundamentals in the oil and gas market support expectations for continued order strength, particularly in the LNG sector [11] - The company anticipates another strong year of activity in 2026, driven by investments in electrical infrastructure [12][25] Other Important Information - The company holds zero debt and ended fiscal 2025 with cash, cash equivalents, and short-term investments of $476 million, reflecting strong commercial activity [24] - Research and development spending increased by 17% to $11 million, focusing on new product design and development [23] Q&A Session Summary Question: Changes in Competitive Landscape or Pricing Environment - Management noted that the oil and gas market remains healthy, but some regions are softer and more price-sensitive, while the electric utility market is more demand-driven [29][30] Question: Seasonality and First Quarter Outlook - The first quarter is expected to be seasonally softer due to holidays, but overall optimism for the year remains high [31] Question: SG&A Expenses and One-Time M&A Costs - SG&A expenses increased by $5 million year-over-year, with $3 million attributed to compensation and nearly $2 million to acquisition-related costs [32][33] Question: Trends in Commercial and Industrial (C&I) Sector - Management indicated that the decline in the C&I sector was largely due to timing, with significant growth opportunities in data centers [38] Question: Sustainability of Growth in Electric Utility Sector - The company is optimistic about the sustainability of growth in the electric utility sector, with equal weighting in backlog between oil and gas and utility sectors [40] Question: R&D Spending and Commercialization Timeline - R&D spending is expected to remain at current levels, with some products anticipated to hit the market in 2026 [65][66] Question: Capacity Expansion and CapEx Budget for 2026 - The CapEx budget for 2026 includes the $12.4 million for JacintoPort expansion and an additional $5-$7 million for maintenance and productivity projects [67] Question: Data Center Revenue as a Percentage of Backlog - Data center revenue is approximately 15% of the backlog, with half of that being attributed to data centers, which is an increase from the previous year [70]

Core Insights - Powell Industries, Inc. (POWL) reported adjusted earnings of $4.22 per share for Q4 fiscal 2025, exceeding the Zacks Consensus Estimate of $3.76, marking a 12% year-over-year increase [1] - Total revenues reached $298 million, surpassing the consensus estimate of $293 million, with an 8% year-over-year growth driven by the electric utility and light rail traction power markets [1] Revenue Breakdown - Revenues from the electric utility sector surged 100% year over year, while the commercial and other industrial sector saw a 9% decline [2] - The oil and gas sector's revenues decreased by 10%, and the petrochemical sector experienced a 25% decline year over year [2] Orders and Backlog - New orders totaled $271 million, up from $267 million in the same quarter last year, driven by strong activity in the electric utility and commercial sectors [3] - The backlog at the end of the quarter was $1.4 billion, reflecting a 2% sequential decline but a 3% year-over-year increase [3] Margin Profile - Cost of sales increased by 5% year over year to $204.5 million, while gross profit rose by 16.3% to $93.5 million, resulting in a gross margin increase of 220 basis points to 31.4% [4] - Selling, general, and administrative expenses rose by 25.4% year over year to $27 million, with operating income increasing by 12.7% to $63.2 million and an operating margin of 21.2%, up 80 basis points year over year [4] Balance Sheet and Cash Flow - As of the end of Q4 fiscal 2025, Powell Industries had cash equivalents and short-term investments of $475.5 million, up from $358.4 million at the end of fiscal 2024 [5] - Current liabilities were $446.4 million compared to $428 million at the end of fiscal 2024, with stockholders' equity totaling $640.8 million [5] - Capital expenditure for fiscal 2025 was $13.1 million, reflecting a 9.7% year-over-year increase [5] Dividend Distribution - The company distributed $12.9 million in dividends, marking a 1.7% increase year over year [6] Fiscal 2026 Outlook - Powell Industries anticipates solid revenues and earnings in fiscal 2026, supported by a robust backlog, strong liquidity, and a solid balance sheet [7]

Core Insights - Powell Industries (POWL) has reported its Q4 and full-year '25 results, indicating significant interest from long-term investors [1] Financial Performance - The company’s Q4 and full-year results are being analyzed in detail, reflecting the importance of these metrics for investment decisions [1] Investment Strategy - The investment approach focuses on a mix of growth, value, and dividend-paying stocks, with a particular emphasis on value investments [1]

分组1 - Powell Industries (POWL) reported their fourth-quarter earnings, exceeding EPS estimates consistently [1] - The company has a track record of beating earnings estimates, indicating strong performance [1]

Powell Industries (POWL) came out with quarterly earnings of $4.22 per share, beating the Zacks Consensus Estimate of $3.76 per share. This compares to earnings of $3.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +12.23%. A quarter ago, it was expected that this energy equipment company would post earnings of $3.73 per share when it actually produced earnings of $3.96, delivering a surprise of +6.17%.Over the last four qu ...

Financial Performance - Revenues for Q4 2025 totaled $298 million, an increase of 8% compared to $275.1 million in Q4 2024[3] - Gross profit for Q4 2025 was $94 million, or 31.4% of revenue, representing a 16% increase from $80.4 million, or 29.2% of revenue, in Q4 2024[7] - Net income for Q4 2025 reached $51 million, or $4.22 per diluted share, up 12% from $46.1 million, or $3.77 per diluted share, in Q4 2024[10] - Full year revenues for Fiscal 2025 were $1.1 billion, a 9% increase from $1.0 billion in Fiscal 2024[11] - Full year gross profit for Fiscal 2025 was $324 million, or 29.4% of revenues, up 19% from $273.1 million, or 27.0% of revenues, in Fiscal 2024[12] - Full year net income for Fiscal 2025 was $181 million, or $14.86 per diluted share, a 21% increase from $149.8 million, or $12.29 per diluted share, in Fiscal 2024[13] Orders and Backlog - New orders in Q4 2025 totaled $271 million, a 1% increase from $267 million in Q4 2024[9] - Backlog as of September 30, 2025, was $1.4 billion, an increase of 3% compared to $1.36 billion as of September 30, 2024[9] Strategic Developments - The acquisition of Remsdaq Ltd. was completed, enhancing Powell's capabilities in electrical automation solutions[3] - The company expects continued strong order activity and a sustainable margin profile entering Fiscal 2026, despite typical seasonality in Q1[16]

HOUSTON, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom-engineered solutions for the management, control and distribution of electrical energy, today announced results for the fourth quarter and full year Fiscal 2025 ended September 30, 2025. All comparisons are to the comparable periods of Fiscal 2024, unless otherwise noted. Fourth Quarter Key Highlights: Revenues of $298 million increased 8%;Gross profit of $94 million, or 31.4% of revenue, increas ...

Powell Industries ( POWL ) is an interesting stock that is about exactly where it was one year ago. The chart is not so flat, as the share price has gone from $352 down to $159 and now backI am an investment author with passion for finance and global markets. I enjoy gearing toward economic analysis, specifically on a macro level. Through current and forward looking market trends, fundamental and technical analysis, my goal is to provide investors and readers with the tools and knowledge to make informed an ...

Group 1 - Powell Industries (POWL) stock price has fluctuated significantly over the past year, dropping from $352 to $159 before recovering [1] - The current stock price is approximately the same as it was one year ago, indicating volatility in its performance [1] Group 2 - The article emphasizes the importance of macroeconomic analysis and market trends for making informed investment decisions [1]