POWL: Powell Industries Reports 9% Revenue Growth in Q3 Fiscal 2026
Powell Industries (NASDAQ: POWL) reported third quarter fiscal 2026 revenues rose 9% year-over-year to $312 million, driven by strength in Commercial & Other Industrial and Electric Utility markets. The company also saw new orders surge 158% to $934 million, boosting its backlog to $2.4 billion. The results highlight robust demand for electrical energy solutions.
Investors are watching Powell Industries (NASDAQ: POWL) following its third quarter fiscal 2026 earnings report. The company's significant increase in new orders and backlog suggests continued demand for its custom-engineered electrical energy solutions.