revenue $311.7M, net income $52.2M. Powell Industries' backlog surges 73% on data center and LNG mega orders

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 6, 2025 · ~1 min read

Key Changes

• high

  Backlog jumped 73% year-over-year to $2.4 billion, with $1.3 billion expected to convert to revenue within 12 months.

  MD&A: Backlog verify on EDGAR →
• high

  Nine-month bookings more than doubled to $1.9 billion, driven by seven mega orders including a $400 million data center project.

  MD&A: Bookings verify on EDGAR →
• high

  Probable liquidated damages exposure more than doubled to $6.3 million, with possible maximum rising to $9.3 million.

  Notes: Liquidated Damages verify on EDGAR →