Pioneer Power Solutions, Inc.
PPSI Nasdaq· Miscellaneous Electrical Machinery, Equipment & Supplies
Last close · Oct 26, 2026
$2.48
KIRA · Stoqly’s AI analyst, in plain words
- Pioneer Power Solutions, Inc. had $27.6M of revenue in fiscal 2025, up 20.8% on the year before. Over five years, revenue changed +7.2% a year on average.
- Its operating margin was −23.9%, down 0.9 pts: of every 100 in sales, about −24 is left after running the business.
- Pioneer Power Solutions, Inc. lost $6.0M in fiscal 2025.
- Free cash flow was −$8.5M in fiscal 2025, −30.7% of revenue.
- Pioneer Power Solutions, Inc. returned $16.7M to shareholders in fiscal 2025. The diluted share count rose 2.1%.
Market cap
$27.5M
P/E
—
Revenue
$27.6M
Net income
−$6.0M
Free cash flow
−$8.5M
Operating margin
−23.9%
Pioneer Power Solutions, Inc. in 30 seconds · fiscal 2025
Are sales growing?
+20.8%
Yes. Sales grew 20.8% last year.
Does it make a profit?
−21.7%
No. It lost money last year.
Does profit turn into cash?
−30.7%
No. It spent more cash than it brought in.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Pioneer Power Solutions, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Apr 8, 2026
- Legal name
- PIONEER POWER SOLUTIONS, INC.
- CIK
- 0001449792
Pioneer Power Solutions, Inc. · PPSI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $18.3M | $25.9M | $11.1M | $22.9M | $27.6M |
| Revenue growth | −6.0% | 41.3% | −57.0% | 105.8% | 20.8% |
| Gross margin | 7.6% | 10.9% | 20.0% | 24.1% | 12.4% |
| Operating margin | −21.1% | −22.5% | −63.3% | −22.9% | −23.9% |
| Net income | −$2.2M | −$5.4M | −$1.9M | $31.9M | −$6.0M |
| Net margin | −11.8% | −20.9% | −17.1% | 139.2% | −21.7% |
| Diluted EPS | −$0.24 | −$0.56 | −$0.20 | $2.90 | −$0.54 |
| Cash | |||||
| Cash from operations | −$3.2M | −$5.8M | −$3.9M | −$6.2M | −$5.8M |
| Capital expenditure | $0.2M | $1.5M | $2.5M | $3.8M | $2.7M |
| Free cash flow | −$3.4M | −$7.3M | −$6.4M | −$10.0M | −$8.5M |
| FCF margin | −18.7% | −28.1% | −57.5% | −43.6% | −30.7% |
| Dividends paid | $1.0M | — | — | — | $16.7M |
| Share count change | 1.5% | 9.8% | 4.1% | 8.2% | 2.1% |
| Debt and strength | |||||
| Cash and short-term investments | $11.7M | $10.3M | $3.6M | $41.6M | $15.0M |
| Shareholders' equity | $19.6M | $15.2M | $14.2M | $35.4M | $29.3M |
| Current ratio | 3.8x | 1.6x | 1.5x | 1.9x | 5.2x |
| Interest coverage | −965.5x | — | — | — | — |
| Returns and quality | |||||
| Return on equity | −13.0% | −31.2% | −12.9% | 128.3% | −18.5% |
| Return on tangible equity | −11.1% | −35.8% | −13.3% | 89.9% | −20.5% |
| Piotroski F-score | 3 | 2 | 2 | 5 | 3 |
| Altman Z'' | 4.4 | 0.3 | −0.7 | — | 7.0 |
Insiders bought, 12 months
$0.0M
1 insider
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Pioneer Power Solutions, Inc. · PPSI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.48 a share, the company is worth $27.5M.
Source: SEC EDGAR XBRL filings (CIK 0001449792). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.