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
DateValue
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%