POWL: financial statements from SEC

Income statement

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Revenue	297m	251m	—	286m	279m	241m	—	288m
Cost of revenue	209m	180m	—	198m	195m	182m	—	206m
Gross profit	88m	71m	94m	88m	83m	60m	80m	82m
Research and development	4m	3m	—	3m	3m	2m	—	2m
Selling, general and administrative	26m	25m	—	25m	22m	21m	—	22m
Operating income	58m	43m	—	60m	59m	36m	—	57m
Pre-tax income	62m	47m	—	64m	62m	39m	—	62m
Income tax	16m	6m	—	16m	16m	5m	—	16m
Net income	46m	41m	51m	48m	46m	35m	46m	46m
Earnings per share	1.26	3.42	4.26	4.00	3.84	2.89	3.84	3.85
Earnings per share, diluted	1.25	3.40	4.22	3.96	3.81	2.86	3.77	3.79
Weighted average shares	36m	12m	—	12m	12m	12m	—	12m
Weighted average shares, diluted	37m	12m	—	12m	12m	12m	—	12m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	538m	491m	451m	398m	360m	326m	315m	332m
Short-term investments	7m	10m	25m	35m	30m	48m	43m	42m
Receivables	238m	190m	217m	212m	203m	193m	214m	173m
Inventory	86m	85m	85m	89m	89m	88m	86m	85m
Current assets	1.01bn	920m	932m	880m	811m	762m	776m	736m
Property, plant and equipment	112m	112m	111m	109m	105m	102m	103m	96m
Goodwill	6m	6m	6m	—	—	—	1m	—
Total assets	1.18bn	1.09bn	1.11bn	1.04bn	965m	913m	928m	869m
Current liabilities	447m	402m	446m	427m	405m	397m	428m	418m
Total liabilities	471m	425m	468m	447m	424m	416m	445m	432m
Equity	709m	669m	641m	595m	541m	496m	483m	437m
Shares outstanding	36m	12m	12m	12m	12m	12m	12m	12m
Shares issued	39m	13m	13m	13m	13m	13m	13m	13m
Treasury shares	2m	806,018	806,018	806,018	806,018	806,018	806,018	806,018

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	44m	37m
Depreciation and amortisation	2m	2m
Share-based compensation	2m	2m
Capital expenditure	2m	2m
Investing cash flow	13m	−9m
Dividends paid	3m	3m
Financing cash flow	−17m	−15m