Powell Industries (POWL) Research & Development (2012 - 2026)
Powell Industries (POWL) reported Research & Development of $4.3 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 61.7% from $2.66 million a year earlier and up 0.3% from the prior quarter.
Powell Industries (POWL) Research & Development (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Powell Industries' Research & Development came in at $14.98 million, up 41.0% year-over-year; for FY2025 (ended Sep 30, 2025), it was $11.01 million, up 16.8% from FY2024.
- Research & Development has a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- By fiscal year, Research & Development came in at $9.43 million in FY2024 (+51.6%), $6.22 million in FY2023 (-11.1%), $7 million in FY2022 (+4.5%) and $6.7 million in FY2021 (+6.3%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Research & Development in data going back to fiscal Q1 2013.
- Year over year, Research & Development has now increased in each of the last 12 quarters, with growth averaging 34.5% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was fiscal Q3 2024 (growth of 70.3%); the low point was fiscal Q3 2023 (a decline of 21.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $4.29 million (Q2 2026), $3.27 million (Q1 2026) and $3.13 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | - |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | - |
| 10 | Powell Industries | 6.82 Bn | 4.67 Bn | 95.30 Mn | 4.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.30 Mn |
| 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 | 2.75 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 | 1.65 Mn |
Powell Industries Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=POWL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "POWL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=POWL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();