Powell Industries (POWL) Gross Margin (2010 - 2026)
Powell Industries' (POWL) quarterly Gross Margin came in at 29.65% in Q1 2026, down 30.0% year-on-year from 42.35% in Q1 2025, and up 4.27% on a QoQ basis 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.
- On a quarterly basis, Gross Margin fell 30.0% year-over-year to 29.65% in Q1 2026; TTM through Mar 2026 was 30.1%, a 194.0% increase from a year earlier, with the FY2025 full-year figure at 29.37%, up 240.0% from the prior year.
- Gross Margin for Q1 2026 stood at 29.65%, up from 28.43% in the prior quarter.
- Over the last five years, Gross Margin for POWL reached as high as 31.39% in Q3 2025 and fell as low as 14.07% in Q2 2022.
- Historically, Gross Margin has averaged 24.31% across 5 years, with a median of 24.84% in 2023.
- Across the five-year window, Gross Margin sank 76 bps in 2022 and jumped 950 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 15.34% in 2022, then jumped by 62 bps to 24.84% in 2023, then fell by 1 bps to 24.65% in 2024, then advanced by 15 bps to 28.43% in 2025, then increased by 4 bps to 29.65% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 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 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 33.45% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 30.03% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 33.32% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 35.88% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.32% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 50.62% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 29.65% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 29.44% |
| 10 | Hayward Holdings | 3.13 Bn | 2.90 Bn | 118.70 Mn | 46.51% |
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% |