Powell Reports Q1 2026 Earnings with Revenue Growth and Strong Order Book

Powell (POWL) reported strong first-quarter results in fiscal 2026, showing revenue growth of 4% year-over-year. The company highlighted a significant increase in gross profit by 20%, leading to an improved gross margin of 28.4%. Powell also recorded $439 million in new orders during the quarter, driven primarily by demand from oil and gas (especially LNG), data centers, and electric utilities.

By Motley Fool Transcribing, The Motley Fool May 4, 2026 36 min read · Yahoo Finance · May 4, 2026, 17:33 UTC

Tickers: $POWL

Topics: earnings gross margin improvement new orders revenue growth

Read the full article at Yahoo Finance

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