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Electrical Industrial Apparatus SIC 3620
8 companies filing with the SEC under SIC 3620. Median revenue growth +2% year on year in Q2 2026 (middle half -16% to +92%, 7 companies). The growth model expects the industry's combined revenue to grow +49% in Q3 2026. 3 customer or supplier links named in annual reports.
Money flow: where the industry's revenue goes
Drawn in the browser: an estimate of where the industry's revenue goes — what it buys from other industries, the pay that reaches households, taxes and profit — beside its filed cash flow, two tiers of suppliers and its capital spending by kind of asset.
Open the industry: growth distribution, money flow, network →
Who sells to whom
Customers and suppliers named in the companies' annual reports; the share is of the supplier's revenue.
- PLUG → WMT 24% of the supplier's revenue, $172M
- WWD → U.S. government 20% of the supplier's revenue, $102M
- FCEL → CNTHP 15% of the supplier's revenue, $23.7M
Growth model
Industry revenue, the same companies year on year; 80% ranges. Fitted on SEC filings and tested out of sample (how).
| Quarter | Growth Y/Y | Revenue | 80% range |
|---|---|---|---|
| Q3 2026 | +48.6% | $2.8B | $2.5B – $3.1B |
| Q4 2026 | +45.6% | $3.6B | $3.1B – $4.1B |
| Q1 2027 | +41.9% | $3.6B | $3.1B – $4.2B |
| Q2 2027 | +38.1% | $4.1B | $3.4B – $4.8B |
Capital spending and supply chain →
Companies
| Company | Quarterly revenue | Y/Y | Stage |
|---|---|---|---|
| BE Bloom Energy | $1.2B | +166% | expansion |
| WWD Woodward | $1.1B | +21% | transition |
| FPS Forgent Power Solutions | $462M | — | expansion |
| PLUG Plug Power | $178M | +2% | deceleration |
| EAF Graftech International | $140M | -3% | mature |
| EROC ERock | $39.9M | -42% | contraction |
| FCEL Fuelcell Energy | $33.0M | -29% | contraction |
| SCIA SCI Engineered Materials | $8.1M | +163% | expansion |
Growth from positive, comparable quarterly revenue as filed; industries are SEC Standard Industrial Classification codes. Data Nov 8, 2026.