Powell Industries (POWL) Gross Margin (2010 - 2026)
Powell Industries (POWL) reported Gross Margin of 29.65% for Q1 2026, down 30.0% year-over-year from 42.35% in Q1 2025, and up 4.27% quarter-over-quarter from 28.43% in Q4 2025.
Powell Industries (POWL) Gross Margin (2010 - 2026) Analysis & Trends
Powell Industries (POWL) has 17 years of Gross Margin data on file, last reported at 29.65% in Q1 2026.
- Gross Margin for Q1 2026 came in at 29.65%, down 30.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.1% (up 194.0% YoY), and the FY2025 annual result was 29.37%, up 240.0% from the prior year.
- Gross Margin advanced to 29.65% in Q1 2026 per POWL's latest filing, from 28.43% in the prior quarter.
- Over five years, Gross Margin peaked at 31.39% in Q3 2025 and troughed at 14.07% in Q2 2022.
- A 5-year average of 24.31% and a median of 24.84% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 76 bps in 2022, then soared 950 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 15.34% in 2022, then jumped by 62 bps to 24.84% in 2023, then slipped by 1 bps to 24.65% in 2024, then increased by 15 bps to 28.43% in 2025, then advanced by 4 bps to 29.65% in 2026.
- Business Quant data shows POWL's Gross Margin at 29.65% in Q1 2026, 28.43% in Q4 2025, and 31.39% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 30.03% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 35.88% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 33.32% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 39.32% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 29.65% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 16.77% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 49.29% |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 29.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.65% |
| Dec 31, 2025 | 28.43% |
| Sep 30, 2025 | 31.39% |
| Jun 30, 2025 | 30.70% |
| Mar 31, 2025 | 29.94% |
| Dec 31, 2024 | 24.65% |
| Sep 30, 2024 | 29.24% |
| Jun 30, 2024 | 28.37% |
| Mar 31, 2024 | 24.59% |
| Dec 31, 2023 | 24.84% |
| Sep 30, 2023 | 24.91% |
| Jun 30, 2023 | 22.18% |
| Mar 31, 2023 | 19.50% |
| Dec 31, 2022 | 15.34% |
| Sep 30, 2022 | 20.56% |
| Jun 30, 2022 | 14.07% |
| Mar 31, 2022 | 14.93% |
| Dec 31, 2021 | 12.61% |
| Sep 30, 2021 | 17.36% |
| Jun 30, 2021 | 14.82% |