Oil & Gas (Excludes Petrochemical) was Powell Industries’s largest product and service line in fiscal 2025, bringing in $406.57M of $1.10B (37%).
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Oil & Gas (Excludes Petrochemical) | $215.24M | $273.12M | $417.17M | $406.57M | |
| Electric Utility | $122.36M | $158.40M | $186.55M | $278.99M | |
| Petrochemical | $66.54M | $94.19M | $185.61M | $151.17M | |
| Commercial & Other Industrial | $56.45M | $103.97M | $149.90M | $178.22M | |
| Traction Power | — | — | — | — | |
| All Others | $27.07M | $41.53M | $51.12M | $48.11M | |
| Light Rail Traction Power | $44.93M | $28.11M | $22.02M | $41.26M | |
| Total | $532.58M | $699.31M | $1.01B | $1.10B |
Powell Industries brought in $1.10B from its six product and service lines in fiscal 2025, the year ended September 30, 2025. That was up 9.1% from $1.01B in fiscal 2024. Oil & Gas (Excludes Petrochemical) was the largest at $406.57M (36.8%), ahead of Electric Utility at $278.99M (25.3%) and Commercial & Other Industrial at $178.22M (16.1%). The other three lines brought in $240.54M combined.
Compared with fiscal 2024, Light Rail Traction Power grew fastest, up 87.4% to $41.26M, while Petrochemical fell the most, down 18.6% to $151.17M. From fiscal 2022 to 2025, combined revenue from these lines grew from $532.58M to $1.10B, a compound annual growth rate of 27.5%. Oil & Gas (Excludes Petrochemical)'s share of the total fell from 40.4% to 36.8%.
United States was Powell Industries’s largest region in fiscal 2025, bringing in $880.22M of $1.10B (80%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| United States | $404.97M | $557.93M | $846.53M | $880.22M | |||||
| Canada | $81.22M | $84.09M | $106.52M | $157.19M | |||||
| Middle East & Africa | $20.71M | $15.00M | $13.44M | $27.44M | |||||
| Europe | $17.70M | $26.70M | $31.39M | $25.07M | |||||
| Asia/Pacific | $4.89M | $6.19M | $6.85M | $9.28M | |||||
| Far East | — | — | — | — | |||||
| Mexico, Central & South America | $3.10M | $9.40M | $7.63M | $5.11M | |||||
| Total | $532.58M | $699.31M | $1.01B | $1.10B |
Powell Industries brought in $1.10B from its six regions in fiscal 2025, the year ended September 30, 2025. That was up 9.1% from $1.01B in fiscal 2024. United States was the largest at $880.22M (79.7%), ahead of Canada at $157.19M (14.2%) and Middle East & Africa at $27.44M (2.5%). The other three regions brought in $39.47M combined.
Compared with fiscal 2024, Middle East & Africa grew fastest, up 104.2% to $27.44M, while Europe fell the most, down 20.1% to $25.07M. From fiscal 2022 to 2025, combined revenue from these regions grew from $532.58M to $1.10B, a compound annual growth rate of 27.5%. United States' share of the total rose from 76.0% to 79.7%.
Powell Industries (POWL) reports its revenue by product and service and by geography. In fiscal 2025, Oil & Gas (Excludes Petrochemical) was its largest product and service line, bringing in $406.57M (36.8% of the total), followed by Electric Utility at $278.99M (25.3%).
Oil & Gas (Excludes Petrochemical) was Powell Industries' largest product and service line in fiscal 2025, bringing in $406.57M, or 36.8% of the $1.10B total across its six product and service lines.
United States was Powell Industries' largest region in fiscal 2025, bringing in $880.22M, or 79.7% of the $1.10B total across its six regions.
Among Powell Industries' product and service lines that make up at least 2% of revenue, Light Rail Traction Power grew fastest in fiscal 2025, up 87.4% from $22.02M to $41.26M.
Every figure comes from Powell Industries' annual financial filings, as reported. Each line keeps the name Powell Industries gives it, and years follow its fiscal calendar.
Powell Industries' revenue by product and service goes back to fiscal 2021, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.