Powell Industries (POWL) Research & Development (2012 - 2026)

Powell Industries (POWL) has 15 years of Research & Development data on file, last reported at $4.3 million in Q1 2026.

• Research & Development for Q1 2026 came in at $4.3 million, up 56.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.3 million (up 28.65% YoY), and the FY2025 annual result was $11.0 million, up 17.11% from the prior year.
• Research & Development improved to $4.3 million in Q1 2026 per POWL's latest filing, from $3.3 million in the prior quarter.
• Over five years, Research & Development peaked at $4.3 million in Q1 2026 and troughed at $1.4 million in Q2 2023.
• A 5-year average of $2.3 million and a median of $2.3 million in 2024 frame the typical range for Research & Development.
• The sharpest annual moves came in 2023 and 2024: Research & Development dropped 20.99% in 2023, then soared 70.29% in 2024.
• A 5-year view of Research & Development shows it stood at $1.5 million in 2022, then surged by 31.05% to $2.0 million in 2023, then grew by 25.88% to $2.5 million in 2024, then jumped by 31.95% to $3.3 million in 2025, then surged by 31.28% to $4.3 million in 2026.
• Business Quant data shows POWL's Research & Development at $4.3 million in Q1 2026, $3.3 million in Q4 2025, and $3.1 million in Q3 2025.