Powell Industries Misses Q1 Target, But Orders Surge

Powell Industries Q1 FY2026 earnings missed Wall Streets revenue target, with sales at $296.6M, up 6.5% YoY but short of the forecast. EPS was $1.25, below the $1.34 estimate. Adjusted EBITDA was $59.76M, down from the expected $62.9M, and operating margins slipped to 19.4% from 21.1% last year. However, the backlog surged by 38.5% YoY to $1.8B. Despite the soft quarter, shares held steady, and investors focused on the companys strong order flow and solid demand for electrical systems in energy and tech. Analysts predict 10.1% revenue growth over the next twelve months, building on Powells robust sales and profit growth. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bc0d7060c7c511b7