Powell Industries annual r&d spending
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Powell Industries R&D Spending Growth & History (POWL)
Powell Industries's r&d spending was $11.0M for fiscal 2025.
View full Powell Industries company overviewPowell Industries annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $11.0M | $1.6M | +16.77% |
| 2024 | 2024-09-30 | $9.4M | $3.2M | +51.56% |
| 2023 | 2023-09-30 | $6.2M | −$743,000 | −10.67% |
| 2022 | 2022-09-30 | $7.0M | $293,000 | +4.39% |
| 2021 | 2021-09-30 | $6.7M | $405,000 | +6.46% |
| 2020 | 2020-09-30 | $6.3M | −$62,000 | −0.98% |
| 2019 | 2019-09-30 | $6.3M | −$390,000 | −5.81% |
| 2018 | 2018-09-30 | $6.7M | −$189,000 | −2.74% |
| 2017 | 2017-09-30 | $6.9M | $175,000 | +2.60% |
| 2016 | 2016-09-30 | $6.7M | −$249,000 | −3.57% |
| 2015 | 2015-09-30 | $7.0M | −$628,000 | −8.25% |
| 2014 | 2014-09-30 | $7.6M | −$7,000 | −0.09% |
| 2013 | 2013-09-30 | $7.6M | $1.3M | +21.14% |
| 2012 | 2012-09-30 | $6.3M | −$1.2M | −16.41% |
| 2011 | 2011-09-30 | $7.5M | $1.0M | +15.69% |
| 2010 | 2010-09-30 | $6.5M | — | — |
Powell Industries quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $4.3M | $1.6M | +61.71% |
| Q2 2026 | 2026-03-31 | $4.3M | $1.5M | +56.19% |
| Q1 2026 | 2025-12-31 | $3.3M | $791,000 | +31.95% |
| Q4 2025 | 2025-09-30 | $3.1M | $381,000 | +13.87% |
| Q3 2025 | 2025-06-30 | $2.7M | $229,000 | +9.42% |
| Q2 2025 | 2025-03-31 | $2.7M | $462,000 | +20.23% |
| Q1 2025 | 2024-12-31 | $2.5M | $509,000 | +25.88% |
| Q4 2024 | 2024-09-30 | $2.7M | $997,000 | +57.00% |
| Q3 2024 | 2024-06-30 | $2.4M | $1.0M | +70.29% |
| Q2 2024 | 2024-03-31 | $2.3M | $741,000 | +48.02% |
| Q1 2024 | 2023-12-31 | $2.0M | $466,000 | +31.05% |
| Q4 2023 | 2023-09-30 | $1.7M | $129,000 | +7.96% |
| Q3 2023 | 2023-06-30 | $1.4M | −$379,000 | −20.99% |
| Q2 2023 | 2023-03-31 | $1.5M | −$170,000 | −9.92% |
| Q1 2023 | 2022-12-31 | $1.5M | −$323,000 | −17.71% |
| Q4 2022 | 2022-09-30 | $1.6M | −$4,000 | −0.25% |
| Q3 2022 | 2022-06-30 | $1.8M | $34,000 | +1.92% |
| Q2 2022 | 2022-03-31 | $1.7M | $112,000 | +7.00% |
| Q1 2022 | 2021-12-31 | $1.8M | $151,000 | +9.03% |
| Q4 2021 | 2021-09-30 | $1.6M | $221,000 | +15.75% |
| Q3 2021 | 2021-06-30 | $1.8M | $167,000 | +10.40% |
| Q2 2021 | 2021-03-31 | $1.6M | −$182,000 | −10.21% |
| Q1 2021 | 2020-12-31 | $1.7M | $199,000 | +13.50% |
| Q4 2020 | 2020-09-30 | $1.4M | $64,000 | +4.78% |
| Q3 2020 | 2020-06-30 | $1.6M | −$26,000 | −1.59% |
| Q2 2020 | 2020-03-31 | $1.8M | $120,000 | +7.22% |
| Q1 2020 | 2019-12-31 | $1.5M | −$220,000 | −12.99% |
| Q4 2019 | 2019-09-30 | $1.3M | −$452,000 | −25.24% |
| Q3 2019 | 2019-06-30 | $1.6M | −$1,000 | −0.06% |
| Q2 2019 | 2019-03-31 | $1.7M | $27,000 | +1.65% |
| Q1 2019 | 2018-12-31 | $1.7M | $36,000 | +2.17% |
| Q4 2018 | 2018-09-30 | $1.8M | −$297,000 | −14.22% |
| Q3 2018 | 2018-06-30 | $1.6M | −$94,000 | −5.45% |
| Q2 2018 | 2018-03-31 | $1.6M | $13,000 | +0.80% |
| Q1 2018 | 2017-12-31 | $1.7M | $189,000 | +12.87% |
| Q4 2017 | 2017-09-30 | $2.1M | $810,000 | +63.38% |
| Q3 2017 | 2017-06-30 | $1.7M | $86,000 | +5.24% |
| Q2 2017 | 2017-03-31 | $1.6M | −$336,000 | −17.15% |
| Q1 2017 | 2016-12-31 | $1.5M | −$385,000 | −20.77% |
| Q4 2016 | 2016-09-30 | $1.3M | −$594,000 | −31.73% |
| Q3 2016 | 2016-06-30 | $1.6M | −$2,000 | −0.12% |
| Q2 2016 | 2016-03-31 | $2.0M | $333,000 | +20.48% |
| Q1 2016 | 2015-12-31 | $1.9M | $14,000 | +0.76% |
| Q4 2015 | 2015-09-30 | $1.9M | $51,000 | +2.80% |
| Q3 2015 | 2015-06-30 | $1.6M | −$149,000 | −8.32% |
| Q2 2015 | 2015-03-31 | $1.6M | −$531,000 | −24.62% |
| Q1 2015 | 2014-12-31 | $1.8M | $1,000 | +0.05% |
| Q4 2014 | 2014-09-30 | $1.8M | −$123,000 | −6.33% |
| Q3 2014 | 2014-06-30 | $1.8M | −$316,000 | −15.00% |
| Q2 2014 | 2014-03-31 | $2.2M | $307,000 | +16.59% |
| Q1 2014 | 2013-12-31 | $1.8M | $125,000 | +7.29% |
| Q4 2013 | 2013-09-30 | $1.9M | — | — |
| Q3 2013 | 2013-06-30 | $2.1M | — | — |
| Q2 2013 | 2013-03-31 | $1.9M | — | — |
| Q1 2013 | 2012-12-31 | $1.7M | — | — |
Powell Industries r&d spending trends
Over the last five fiscal years, Powell Industries's r&d spending increased from $6.3M to $11.0M, a change of $4.7M. The latest reported quarter, Q3 2026, shows $4.3M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Powell Industries source filings ↗