8-K Announcements
6Material company update
May 18, 2026·SEC
Material company update
May 18, 2026·SEC
Material company update
Apr 8, 2026·SEC
Pioneer Power Solutions, Inc.(PPSI)Earnings, Financials & Key Ratios
PPSI•NASDAQ
$3.57
Price updated Jul 7, 2026
AboutPioneer Power Solutions, Inc., together with its subsidiaries, designs, manufactures, sells, and services electric power systems, distributed energy resources, used and new power generation equipment, and mobile EV charging solutions in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment provides electric power systems, including e-Bloc, and distributed energy resources that help customers effectively and efficiently protect, control, transfer, monitor, and manage their electric energy requirements. It also provides low voltage switchgears and transfer switches. The Critical Power Solutions segment provides new and used power generation equipment, and aftermarket field-services to ensure smooth and uninterrupted power to operations during times of emergency. The company serves utility, industrial, commercial, and backup power markets. The company was incorporated in 2008 and is headquartered in Fort Lee, New Jersey. Pioneer Power Solutions, Inc. is a subsidiary of Provident Pioneer Partners, L.P.Show more
- Revenue$28M+20.8%
- EBITDA-$5M-23.3%
- Net Income-$6M-120.2%
- EPS (Diluted)-0.54-118.6%
- Gross Margin12.4%-48.5%
- EBITDA Margin-19.66%-2.1%
- Operating Margin-23.87%-4.1%
- Net Margin-23.34%-116.8%
- ROE-19.92%-115.5%
PPSI Price & Volume
Pioneer Power Solutions, Inc. (PPSI) stock price & volume — 10-year historical chart
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Erratic Revenue Growth Masks Persistent Operational Deficits
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Healthy
Cash Flow:Burning
Primary Risk:Persistent Operating Margin Deficit
Key Thesis Takeaways
- Pioneer Power Solutions faces significant challenges in achieving sustainable profitability, as evidenced by its volatile revenue trajectory and persistent negative operating margins.
- While the company maintains a healthy liquidity buffer with $13.6 million in cash as of 2026Q1, the structural inability to convert project-based sales into consistent free cash flow remains a primary concern.
- Investors should monitor the company's ability to scale its e-Boost and e-Bloc product lines without further eroding its $26.8 million equity base.
Verdict Logic
the company's inability to generate positive free cash flow, coupled with a 2026Q1 net margin of -58.8%, suggests that the current business model lacks the necessary operational leverage to justify an investment at this time.
PPSI Growth Metrics
Pioneer Power Solutions, Inc. (PPSI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-12.62%
5 Years7.23%
3 Years2.2%
TTM-4.38%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-121.84%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-122.42%
Return on Capital
10 Years-20.89%
5 Years-26.63%
3 Years-27.65%
Last Year-19.59%
PPSI Recent Earnings
Pioneer Power Solutions, Inc. (PPSI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 18, 2026Metric
Actual
Est
EPS
$0.23-91.7%
$0.12
Rev
$4M-9.2%
$5M
Q2 2026
May 15, 2026Metric
Actual
Est
EPS
$0.23-91.7%
$0.12
Rev
$4M-9.2%
$5M
Q2 2026
Apr 8, 2026Metric
Actual
Est
EPS
$0.12+4.0%
$0.13
Rev
$6M-13.2%
$6M
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.16+0.0%
$0.16
Rev
$7M+6.8%
$6M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 18, 2026 | $0.23vs $0.12-91.7% | $4Mvs $5M-9.2% |
| Q2 2026 | May 15, 2026 | $0.23vs $0.12-91.7% | $4Mvs $5M-9.2% |
| Q2 2026 | Apr 8, 2026 | $0.12vs $0.13+4.0% | $6Mvs $6M-13.2% |
| Q4 2025 | Nov 13, 2025 | $0.16vs $0.16+0.0% | $7Mvs $6M+6.8% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Pioneer Power Solutions, Inc. (PPSI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $3.57 | $39.61M | -6.61 | 20.75% | -23.34% | -19.92% | 41.72% | |
| $14.34 | $266.22M | -19.12 | 4.33% | -30.06% | -34.48% | — | |
| $18.70 | $257.75M | -96.26 | -16.25% | -61.05% | -12.86% | — | |
| $47.86 | $532.97M | 24.29 | -10.03% | 0.73% | 2.39% | — | |
| $234.05 | $8.53B | 47.25 | 9.08% | 16.51% | 28.61% | — | |
| $8.80 | $453.6M | 20.95 | -7.07% | 15.1% | 10.89% | — |
Compare PPSI vs Peers
Pioneer Power Solutions, Inc. (PPSI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PPSI SEC Filings & Documents
Pioneer Power Solutions, Inc. (PPSI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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PPSI Frequently Asked Questions
Pioneer Power Solutions, Inc. (PPSI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Pioneer Power Solutions, Inc.'s revenue?
Pioneer Power Solutions, Inc. (PPSI) reported $25.2M in revenue for fiscal year 2025.
How fast is Pioneer Power Solutions, Inc. growing?
Pioneer Power Solutions, Inc. (PPSI) grew revenue by 20.8% over the past year. This is strong growth.
Is PPSI profitable?
Pioneer Power Solutions, Inc. (PPSI) reported a net loss of $7.0M for fiscal year 2025.
Dividend & Returns
Does PPSI pay dividends?
Yes, Pioneer Power Solutions, Inc. (PPSI) pays a dividend with a yield of 41.72%. This makes it attractive for income-focused investors.
What is PPSI's return on equity?
Pioneer Power Solutions, Inc. (PPSI) has a return on equity (ROE) of -19.9%. Negative ROE indicates the company is unprofitable.
What is Pioneer Power Solutions, Inc.'s free cash flow?
Pioneer Power Solutions, Inc. (PPSI) had negative free cash flow of $10.5M in fiscal year 2025, likely due to heavy capital investments.