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| Date | Value |
|---|---|
| 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 |