Filing Flows › Powell Industries (POWL) › Q4 FY25
Powell Industries (POWL) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 19, 2025
Powell Industries (POWL) reported revenue of $298M for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +4% from the quarter before. Operating margin was 21.2%, net earnings $51.4M (17.3% of revenue).
Powell Industries, Q4 FY25: revenue $298M (+8% year over year), operating margin 21.2%, net earnings $51.4M, operating cash flow $61.1M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $298M | +4% | +8% |
| Gross profit | $93.5M | +6% | +16% |
| Operating profit | $63.2M | +5% | +13% |
| Net earnings | $51.4M | +7% | +12% |
| Operating cash flow | $61.1M | +29% | — |
| Free cash flow | $59.3M | +40% | — |
What changed
Revenue was $298.0M in Q4 FY25, up 8% year over year and up 4% from the previous quarter. Oil and gas (excludes petrochemical) was the largest line at 35% of revenue.
Gross margin was 31.4%, up 2.1 points from Q4 FY24. Operating profit was $63.2M, a 21.2% margin (up 0.8 points year over year). Of the extra revenue versus Q4 FY24, 31% reached operating profit, above the 20% margin then. Operating expenses grew 25% against revenue growth of 8%. The fastest-growing cost line was SG&A (+25%). Net earnings were $51.4M, up 12% year over year. The effective tax rate was 23.9%.
Operating cash flow was $61.1M, 119% of net earnings. Non-cash charges added back $2.0M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $6.6M. Capital expenditures of $1.8M left free cash flow of $59.3M.
Questions
What was Powell Industries' revenue in the fourth quarter fiscal 2025?
Powell Industries (POWL) reported revenue of $298M for the fourth quarter fiscal 2025 (Q4 FY25), +8% from a year earlier and +4% from the quarter before.
Was Powell Industries profitable in the fourth quarter fiscal 2025?
Operating profit was $63.2M (21.2% of revenue) and net earnings $51.4M.
Source: Powell Industries 10-K on SEC EDGAR.