PPSI
Pioneer Power Solutions Inc.
NASDAQ: PPSI · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS
$3.65
-4.20% today
Updated 2026-04-29
Market cap
$42.28M
P/E ratio
—
P/S ratio
1.53x
EPS (TTM)
$-0.58
Dividend yield
—
52W range
$2 – $6
Volume
0.1M
Pioneer Power Solutions Inc. (PPSI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $40.60M | $47.24M | $68.79M | $83.96M | $88.16M | $92.19M | $106.52M | $114.40M | $101.39M | $106.39M | $20.58M | $19.49M | $18.31M | $25.88M | $40.80M | $22.88M | $27.63M |
| Revenue growth (YoY) | — | — | +16.4% | +45.6% | +22.1% | +5.0% | +4.6% | +15.5% | +7.4% | -11.4% | +4.9% | -80.7% | -5.3% | -6.0% | +41.3% | +57.7% | -43.9% | +20.8% |
| Cost of revenue | — | $28.73M | $35.64M | $52.81M | $65.02M | $66.39M | $74.02M | $85.42M | $89.50M | $81.40M | $87.14M | $19.42M | $18.61M | $16.92M | $23.05M | $31.21M | $17.36M | $24.20M |
| Gross profit | — | $11.86M | $11.60M | $15.98M | $18.94M | $21.77M | $18.17M | $21.11M | $24.90M | $19.99M | $19.25M | $1.17M | $881000.00 | $1.39M | $2.83M | $40.80M | $5.51M | $3.43M |
| Gross margin | — | 29.2% | 24.6% | 23.2% | 22.6% | 24.7% | 19.7% | 19.8% | 21.8% | 19.7% | 18.1% | 5.7% | 4.5% | 7.6% | 10.9% | 100.0% | 24.1% | 12.4% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | $0.00 | $885000.00 | $1.05M | $875000.00 |
| SG&A | — | $50605.00 | $8.05M | $11.07M | $13.18M | $14.72M | $15.22M | $21.19M | $19.99M | $16.71M | $21.46M | $12.68M | $5.17M | $5.25M | $8.64M | $9.90M | $9.71M | $9.15M |
| Operating income | $-3500.00 | $7.92M | $3.69M | $4.71M | $5.95M | $7.13M | $1.75M | $-5.30M | $2.10M | $3.39M | $-1.87M | $-11.75M | $-4.28M | $-3.86M | $-5.81M | $617000.00 | $-5.25M | $-6.59M |
| Operating margin | — | 19.5% | 7.8% | 6.8% | 7.1% | 8.1% | 1.9% | -5.0% | 1.8% | 3.3% | -1.8% | -57.1% | -22.0% | -21.1% | -22.5% | 1.5% | -22.9% | -23.9% |
| EBITDA | $-3500.00 | $8.08M | $4.22M | $4.98M | $7.39M | $8.26M | $2.44M | $-4.68M | $6.94M | $-130000.00 | $-5.88M | $-14.52M | $-3.82M | $-3.42M | $-5.34M | $617000.00 | $-4.40M | $-5.43M |
| EBITDA margin | — | 19.9% | 8.9% | 7.2% | 8.8% | 9.4% | 2.6% | -4.4% | 6.1% | -0.1% | -5.5% | -70.6% | -19.6% | -18.7% | -20.7% | 1.5% | -19.2% | -19.7% |
| EBIT | $-3500.00 | $7.92M | $3.46M | $3.89M | $5.86M | $6.71M | $837000.00 | $-7.83M | $4.12M | $-3.72M | $-9.19M | $-11.75M | $-4.28M | $-3.86M | $-5.81M | — | $-5.25M | $-6.59M |
| Interest expense | $3500.00 | $311498.00 | $183000.00 | $646000.00 | $933000.00 | $754000.00 | $582000.00 | $748000.00 | $1.74M | $2.30M | $916000.00 | $396000.00 | $396000.00 | $1.68M | $398000.00 | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-3500.00 | $5.12M | $2.95M | $-60000.00 | $2.99M | $5.27M | $-268000.00 | $-5.88M | $-569000.00 | $-9.34M | $-5.66M | $-12.04M | $-2.99M | $-2.17M | $-5.42M | $138000.00 | $31.86M | $-6.45M |
| Net income growth (YoY) | — | +146248.3% | -42.4% | -102.0% | +5083.3% | +76.3% | -105.1% | -2094.4% | +90.3% | -1542.2% | +39.4% | -112.5% | +75.2% | +27.4% | -150.1% | +102.5% | +22983.3% | -120.2% |
| Profit margin | — | 12.6% | 6.2% | -0.1% | 3.6% | 6.0% | -0.3% | -5.5% | -0.5% | -9.2% | -5.3% | -58.5% | -15.3% | -11.8% | -20.9% | 0.3% | 139.2% | -23.3% |