Powell Industries (POWL) Operating Expenses (2010 - 2026)

Powell Industries (POWL) reported Operating Expenses of $30.1 million for Q1 2026, up 22.92% year-over-year from $24.5 million in Q1 2025, and up 6.01% quarter-over-quarter from $28.4 million in Q4 2025.

Powell Industries (POWL) Operating Expenses (2010 - 2026) Analysis & Trends

Powell Industries (POWL) has 17 years of Operating Expenses data on file, last reported at $30.1 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $30.1 million, up 22.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $116.5 million (up 19.85% YoY), and the FY2025 annual result was $106.4 million, up 12.86% from the prior year.
  • Operating Expenses rose to $30.1 million in Q1 2026 per POWL's latest filing, from $28.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $30.2 million in Q3 2025 and troughed at $18.2 million in Q2 2022.
  • A 5-year average of $23.8 million and a median of $23.4 million in 2023 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 24.4% in 2023 and fell as far as 4.05% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $18.4 million in 2022, then increased by 21.44% to $22.3 million in 2023, then grew by 7.34% to $24.0 million in 2024, then increased by 18.67% to $28.4 million in 2025, then rose by 6.01% to $30.1 million in 2026.
  • Business Quant data shows POWL's Operating Expenses at $30.1 million in Q1 2026, $28.4 million in Q4 2025, and $30.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 153.35 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 249.90 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 241.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 132.60 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 30.13 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.90 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 387.40 Mn
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 19.72 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.13 Mn
Dec 31, 2025 28.43 Mn
Sep 30, 2025 30.17 Mn
Jun 30, 2025 27.78 Mn
Mar 31, 2025 24.51 Mn
Dec 31, 2024 23.95 Mn
Sep 30, 2024 24.29 Mn
Jun 30, 2024 24.45 Mn
Mar 31, 2024 23.23 Mn
Dec 31, 2023 22.31 Mn
Sep 30, 2023 22.18 Mn
Jun 30, 2023 21.12 Mn
Mar 31, 2023 23.36 Mn
Dec 31, 2022 18.37 Mn
Sep 30, 2022 23.12 Mn
Jun 30, 2022 18.21 Mn
Mar 31, 2022 18.78 Mn
Dec 31, 2021 17.73 Mn
Sep 30, 2021 18.58 Mn
Jun 30, 2021 18.48 Mn