Powell's Q1 2026 earnings doubled profits and lifted shares 13%, driven by record backlog and new cloud infrastructure deals.
Key takeaways
- Powell (POWL) Reports Strong Q1 2026 Earnings with Revenue and Profit Surges
- Powell Industries (NASDAQ: POWL) stunned Wall Street with its Q1 2026 results, posting a 22% year-over-year revenue jump to $234 million and net income of $37 million—...
- CEO Brett Cope and CFO Michael Metcalf led the earnings call on June 6, highlighting robust demand for Powell’s electrical infrastructure solutions across data center ...
- The company raised its full-year revenue outlook to a range of $900–$940 million, citing a record order backlog of $790 million. Powell announced an expanded partnersh...
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