Quick Answer
POWELL INDUSTRIES INC reported R&D Expense of $11.01 million for fiscal year 2025.
POWELL INDUSTRIES INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $11.01M | +16.8% |
| 2024 | $9.43M | +51.6% |
| 2023 | $6.22M | -10.7% |
| 2022 | $6.96M | +4.4% |
| 2021 | $6.67M | +6.5% |
| 2020 | $6.26M | -1.0% |
| 2019 | $6.33M | -5.8% |
| 2018 | $6.72M | -2.7% |
| 2017 | $6.91M | +2.6% |
| 2016 | $6.73M | -3.6% |
| 2015 | $6.98M | -8.3% |
| 2014 | $7.61M | -0.1% |
| 2013 | $7.62M | +21.1% |
| 2012 | $6.29M | -16.4% |
| 2011 | $7.52M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $3.27M | +31.9% | +22.9% |
| June 30, 2025 | $2.66M | +9.4% | -3.2% |
| March 31, 2025 | $2.75M | +20.2% | +10.9% |
| December 31, 2024 | $2.48M | +25.9% | +1.9% |
| June 30, 2024 | $2.43M | +70.3% | +6.4% |
| March 31, 2024 | $2.28M | +48.0% | +16.1% |
| December 31, 2023 | $1.97M | +31.0% | +37.8% |
| June 30, 2023 | $1.43M | -21.0% | -7.5% |
- POWELL INDUSTRIES INC showed an increase of +16.8% in R&D Expense compared to the prior fiscal year.
- Over the 2011–2025 period, POWELL INDUSTRIES INC’s r&d expense has grown by 46.4% (from $7.52 million to $11.01 million).
- The most recent figure is from POWELL INDUSTRIES INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on November 19, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: