Powell Industries (POWL) Research & Development (2012 - 2026)
Powell Industries (POWL) reported Research & Development of $4.3 million for Q1 2026, up 56.19% year-over-year from $2.7 million in Q1 2025, and up 31.28% on a QoQ basis from $3.3 million in Q4 2025.
Powell Industries (POWL) has 15 years of Research & Development data on file, last reported at $4.3 million in Q1 2026.
- Quarterly Research & Development rose 56.19% year-over-year to $4.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $13.3 million (up 28.65% YoY) and the FY2025 annual result came in at $11.0 million, up 17.11% from the prior year.
- Research & Development rose to $4.3 million in Q1 2026 per POWL's latest filing, from $3.3 million in the prior quarter.
- Across five years, Research & Development topped out at $4.3 million in Q1 2026 and bottomed at $1.4 million in Q2 2023.
- The 5-year median for Research & Development is $2.3 million (2024), against an average of $2.3 million.
- The widest annual swing landed in 2023, when Research & Development decreased 20.99%; it then jumped 70.29% in 2024.
- Tracing POWL's Research & Development over 5 years: stood at $1.5 million in 2022, then soared by 31.05% to $2.0 million in 2023, then advanced by 25.88% to $2.5 million in 2024, then surged by 31.95% to $3.3 million in 2025, then soared by 31.28% to $4.3 million in 2026.
- Per Business Quant, the three latest POWL Research & Development figures stand at $4.3 million (Q1 2026), $3.3 million (Q4 2025), and $3.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | - |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 56.85 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 22.70 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | - |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 62.40 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 4.29 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | - |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | - |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 12.11 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 6.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.29 Mn |
| Dec 31, 2025 | 3.27 Mn |
| Sep 30, 2025 | 3.13 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Mar 31, 2025 | 2.75 Mn |
| Dec 31, 2024 | 2.48 Mn |
| Sep 30, 2024 | 2.72 Mn |
| Jun 30, 2024 | 2.43 Mn |
| Mar 31, 2024 | 2.28 Mn |
| Dec 31, 2023 | 1.97 Mn |
| Sep 30, 2023 | 1.75 Mn |
| Jun 30, 2023 | 1.43 Mn |
| Mar 31, 2023 | 1.54 Mn |
| Dec 31, 2022 | 1.50 Mn |
| Sep 30, 2022 | 1.66 Mn |
| Jun 30, 2022 | 1.81 Mn |
| Mar 31, 2022 | 1.71 Mn |
| Dec 31, 2021 | 1.82 Mn |
| Sep 30, 2021 | 1.62 Mn |
| Jun 30, 2021 | 1.77 Mn |
| Mar 31, 2021 | 1.60 Mn |
| Dec 31, 2020 | 1.67 Mn |
| Sep 30, 2020 | 1.44 Mn |
| Jun 30, 2020 | 1.61 Mn |
| Mar 31, 2020 | 1.78 Mn |
| Dec 31, 2019 | 1.47 Mn |
| Sep 30, 2019 | 1.31 Mn |
| Jun 30, 2019 | 1.63 Mn |
| Mar 31, 2019 | 1.66 Mn |
| Dec 31, 2018 | 1.69 Mn |
| Sep 30, 2018 | 1.79 Mn |
| Jun 30, 2018 | 1.63 Mn |
| Mar 31, 2018 | 1.64 Mn |
| Dec 31, 2017 | 1.66 Mn |
| Sep 30, 2017 | 2.09 Mn |
| Jun 30, 2017 | 1.73 Mn |
| Mar 31, 2017 | 1.62 Mn |
| Dec 31, 2016 | 1.47 Mn |
| Sep 30, 2016 | 1.28 Mn |
| Jun 30, 2016 | 1.64 Mn |
| Mar 31, 2016 | 1.96 Mn |
| Dec 31, 2015 | 1.85 Mn |
| Sep 30, 2015 | 1.87 Mn |
| Jun 30, 2015 | 1.64 Mn |
| Mar 31, 2015 | 1.63 Mn |
| Dec 31, 2014 | 1.84 Mn |
| Sep 30, 2014 | 1.82 Mn |
| Jun 30, 2014 | 1.79 Mn |
| Mar 31, 2014 | 2.16 Mn |
| Dec 31, 2013 | 1.84 Mn |
| Sep 30, 2013 | 1.94 Mn |
| Jun 30, 2013 | 2.11 Mn |
| Mar 31, 2013 | 1.85 Mn |
| Dec 31, 2012 | 1.71 Mn |