As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the electrical systems industry, including Whirlpool (NYSE: WHR) and its peers.

Like many equipment and component manufacturers, electrical systems companies are buoyed by secular trends such as connectivity and industrial automation. More specific pockets of strong demand include Internet of Things (IoT) connectivity and the 5G telecom upgrade cycle, which can benefit companies whose cables and conduits fit those needs. But like the broader industrials sector, these companies are also at the whim of economic cycles. Interest rates, for example, can greatly impact projects that drive demand for these products.

The 14 electrical systems stocks we track reported a satisfactory Q2. As a group, revenues beat analysts’ consensus estimates by 2.4% while next quarter’s revenue guidance was 0.6% below.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 9% since the latest earnings results.

Whirlpool (NYSE: WHR)

Credited with introducing the first automatic washing machine, Whirlpool (NYSE: WHR) is a manufacturer of a variety of home appliances.

Whirlpool reported revenues of $3.52 billion, down 6.8% year on year. This print fell short of analysts’ expectations by 1.2%. Overall, it was a mixed quarter for the company with full-year EPS guidance exceeding analysts’ expectations but a significant miss of analysts’ EPS estimates.

Whirlpool delivered the slowest revenue growth in the group. The market seems disappointed with the results as the stock is down 16.4% since reporting and currently trades at $32.78.

Read our full report on Whirlpool here, it’s free.

Best Q2: Atkore (NYSE: ATKR)

Protecting the things that power our world, Atkore (NYSE: ATKR) designs and manufactures electrical safety products.

Atkore reported revenues of $794.8 million, up 8.1% year on year, outperforming analysts’ expectations by 4.7%. The business had an incredible quarter with an impressive beat of analysts’ EBITDA estimates and a beat of analysts’ EPS estimates.

The market seems happy with the results as the stock is up 29.5% since reporting. It currently trades at $94.52.

Is now the time to buy Atkore? Access our full analysis of the earnings results here, it’s free.

Weakest Q2: Powell (NASDAQ: POWL)

Originally a metal-working shop supporting local petrochemical facilities, Powell (NYSE: POWL) has grown from a small Houston manufacturer to a global provider of electrical systems.

Powell reported revenues of $311.7 million, up 8.9% year on year, falling short of analysts’ expectations by 1.6%. It was a disappointing quarter as it posted a significant miss of analysts’ EPS estimates.

As expected, the stock is down 16.6% since the results and currently trades at $183.30.

Read our full analysis of Powell’s results here.

Verra Mobility (NASDAQ: VRRM)

Aiming to wrap technology and data around a historically manual and paper-based industry, Verra Mobility (NASDAQ: VRRM) is a leading provider of smart mobility technology to address tolls and violations, title and registration services, as well as safety and traffic enforcement.

Verra Mobility reported revenues of $263.6 million, up 11.7% year on year. This result topped analysts’ expectations by 3.8%. Zooming out, it was a mixed quarter as it also produced an impressive beat of analysts’ EBITDA estimates but full-year revenue guidance missing analysts’ expectations significantly.

Verra Mobility had the weakest full-year guidance update among its peers. The stock is down 37.7% since reporting and currently trades at $3.49.

Read our full, actionable report on Verra Mobility here, it’s free.

Acuity Brands (NYSE: AYI)

One of the pioneers of smart lights, Acuity (NYSE: AYI) designs and manufactures light fixtures and building management systems used in various industries.

Acuity Brands reported revenues of $1.20 billion, up 1.6% year on year. This number surpassed analysts’ expectations by 1.2%. Overall, it was a strong quarter as it also logged an impressive beat of analysts’ EBITDA estimates and a beat of analysts’ EPS estimates.

The stock is down 2.8% since reporting and currently trades at $296.96.

Read our full, actionable report on Acuity Brands here, it’s free.

Market Update

Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.

Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.

By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.

Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.