Pioneer Power Solutions (PPSI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Pioneer Power Solutions Revenue Highlights

Latest Revenue (Y)

$22.88M

Latest Revenue (Q)

$6.34M

Main Segment (Y)

Total Revenue

Main Geography (Y)

UNITED STATES

Pioneer Power Solutions Revenue by Period

Pioneer Power Solutions Revenue by Year

Date	Revenue	Change
2024-12-31	$22.88M	-44.86%
2023-12-31	$41.49M	53.68%
2022-12-31	$27.00M	47.45%
2021-12-31	$18.31M	-6.05%
2020-12-31	$19.49M	-5.31%
2019-12-31	$20.58M	-80.65%
2018-12-31	$106.39M	4.93%
2017-12-31	$101.39M	-11.37%
2016-12-31	$114.40M	7.40%
2015-12-31	$106.52M	15.54%
2014-12-31	$92.19M	4.57%
2013-12-31	$88.16M	5.00%
2012-12-31	$83.96M	22.05%
2011-12-31	$68.79M	45.63%
2010-12-31	$47.24M	16.35%
2009-12-31	$40.60M	100.00%
2008-09-30	-	-

Pioneer Power Solutions generated $22.88M in revenue during NA 2024, up -44.86% compared to the previous quarter, and up 111.16% compared to the same period a year ago.

Pioneer Power Solutions Revenue by Quarter

Date	Revenue	Change
2024-06-30	$6.34M	-26.19%
2024-03-31	$8.59M	2.10%
2023-12-31	$8.41M	-32.39%
2023-09-30	$12.44M	2.58%
2023-06-30	$12.13M	42.59%
2023-03-31	$8.51M	-10.68%
2022-12-31	$9.52M	52.36%
2022-09-30	$6.25M	45.74%
2022-06-30	$4.29M	-28.94%
2022-03-31	$6.04M	72.56%
2021-12-31	$3.50M	-38.47%
2021-09-30	$5.68M	1.07%
2021-06-30	$5.63M	60.62%
2021-03-31	$3.50M	-34.57%
2020-12-31	$5.35M	32.12%
2020-09-30	$4.05M	-20.37%
2020-06-30	$5.09M	1.72%
2020-03-31	$5.00M	-24.63%
2019-12-31	$6.63M	19.14%
2019-09-30	$5.57M	3.90%
2019-06-30	$5.36M	-78.30%
2019-03-31	$24.70M	-23.69%
2018-12-31	$32.37M	24.70%
2018-09-30	$25.96M	5.54%
2018-06-30	$24.59M	4.76%
2018-03-31	$23.48M	-0.34%
2017-12-31	$23.55M	-20.94%
2017-09-30	$29.79M	-3.57%
2017-06-30	$30.90M	13.33%
2017-03-31	$27.26M	-4.39%
2016-12-31	$28.51M	-2.98%
2016-09-30	$29.39M	-1.81%
2016-06-30	$29.93M	12.65%
2016-03-31	$26.57M	1.22%
2015-12-31	$26.25M	5.32%
2015-09-30	$24.92M	-5.80%
2015-06-30	$26.46M	-8.40%
2015-03-31	$28.89M	19.75%
2014-12-31	$24.12M	-7.61%
2014-09-30	$26.11M	23.96%
2014-06-30	$21.06M	0.82%
2014-03-31	$20.89M	-1.30%
2013-12-31	$21.17M	-5.69%
2013-09-30	$22.45M	2.06%
2013-06-30	$22.00M	-2.47%
2013-03-31	$22.55M	-0.21%
2012-12-31	$22.60M	17.54%
2012-09-30	$19.23M	-11.89%
2012-06-30	$21.82M	7.40%
2012-03-31	$20.32M	8.50%
2011-12-31	$18.73M	4.45%
2011-09-30	$17.93M	9.23%
2011-06-30	$16.41M	4.36%
2011-03-31	$15.73M	22.59%
2010-12-31	$12.83M	-7.09%
2010-09-30	$13.81M	11.80%
2010-06-30	$12.35M	49.68%
2010-03-31	$8.25M	100.00%
2009-09-30	-	100.00%
2009-06-30	-	100.00%
2009-03-31	-	100.00%
2008-12-31	-	-

Pioneer Power Solutions generated $6.34M in revenue during Q2 2024, up -26.19% compared to the previous quarter, and up 74.53% compared to the same period a year ago.

Pioneer Power Solutions Revenue Breakdown

Pioneer Power Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Total Revenue	$20.95M	-	-	-	-
Service	$8.69M	$7.78M	-	-	-
Fixed Lease Revenue	$1.93M	-	-	-	-
Product	$12.26M	$33.72M	$19.61M	-	-
Critical Power Segment	-	-	-	$8.83M	-
T & D Solutions	-	-	-	$9.48M	-
Services	-	-	-	-	$7.66M
Products	-	-	-	-	$11.83M

Pioneer Power Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 24: Total Revenue (47.80%), Product (27.98%), Service (19.83%), and Fixed Lease Revenue (4.40%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Product	-	$8.46M	$4.11M	$6.60M	$17.03M	$10.24M	$6.45M	$7.58M	$4.20M	$3.75M	-	-	-	-	-	-	-	-	-	-
Service	$2.01M	$2.46M	$2.23M	$1.99M	$3.79M	$1.89M	$2.10M	$2.00M	$2.10M	$1.87M	-	-	-	-	-	-	-	-	-	-
T & D Solutions	-	-	-	-	-	-	-	-	-	$1.97M	$3.40M	$1.50M	$3.00M	-	-	-	-	-	-	-
Critical Power Segment	-	-	-	-	-	-	-	-	-	$2.32M	$2.64M	$1.99M	$2.69M	$2.46M	$4.06M	-	-	-	-	-
Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.59M	$2.13M	$1.88M	$1.87M	-	-
Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.91M	$1.92M	$3.21M	$3.13M	-	-
T&D Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.89M	$2.58M	-	-	-

Pioneer Power Solutions's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Service (100.00%).

Pioneer Power Solutions Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
UNITED STATES	$19.91M	$41.49M	$27.00M	$18.31M	-
CANADA	$2.97M	-	-	-	-
United States	-	-	-	-	$19.49M

Pioneer Power Solutions's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (87.02%), and CANADA (12.98%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
UNITED STATES	-	$10.91M	$6.34M	$8.59M	$32.99M	$8.51M	$9.52M	$6.25M	$4.29M	$6.04M	$3.50M	$5.68M	$5.63M	-	-	-	-	-	-	-
Product	-	-	-	-	-	$6.45M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	$2.10M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
United States	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.50M	$5.09M	$5.00M	$6.63M	$5.57M	$5.36M	-
Canada	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.19M

Pioneer Power Solutions Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CBAT	CBAK Energy	$176.61B	$47.79M
HUBB	Hubbell	$5.63B	$1.44B
XPON	Expion360	$5.62B	$1.39M
NVT	nVent Electric	$3.01B	$782.00M
ENR	Energizer	$2.89B	$731.70M
AEIS	Advanced Energy Industries	$1.48B	$374.22M
HAYW	Hayward	$1.05B	$227.57M
FCEL	FuelCell Energy	$112.13M	$19.00M
PPSI	Pioneer Power Solutions	$22.88M	$6.34M
EOSE	Eos Energy Enterprises	$15.61M	$854.00K
POLA	Polar Power	$13.97M	$4.91M
NVX	Novonix	$8.05M	$4.17M
NEOV	NeoVolta	$2.65M	$323.91K
IPWR	Ideal Power	$86.03K	$78.74K
LTBR	Lightbridge	-	-
VRT	Vertiv	-	-

PPSI Revenue FAQ

What is Pioneer Power Solutions’s yearly revenue?

Pioneer Power Solutions's yearly revenue for 2024 was $22.88M, representing a decrease of -44.86% compared to 2023. The company's yearly revenue for 2023 was $41.49M, representing an increase of 53.68% compared to 2022. PPSI's yearly revenue for 2022 was $27M, representing an increase of 47.45% compared to 2021.

What is Pioneer Power Solutions’s quarterly revenue?

Pioneer Power Solutions's quarterly revenue for Q2 2024 was $6.34M, a -26.19% decrease from the previous quarter (Q1 2024), and a -47.73% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $8.59M, a 2.10% increase from the previous quarter (Q4 2023), and a 0.98% increase year-over-year (Q1 2023). PPSI's quarterly revenue for Q4 2023 was $8.41M, a -32.39% decrease from the previous quarter (Q3 2023), and a -11.67% decrease year-over-year (Q4 2022).

What is Pioneer Power Solutions’s revenue growth rate?

Pioneer Power Solutions's revenue growth rate for the last 3 years (2022-2024) was -15.26%, and for the last 5 years (2020-2024) was 17.39%.

What are Pioneer Power Solutions’s revenue streams?

Pioneer Power Solutions's revenue streams in c 24 are Total Revenue, Service, Fixed Lease Revenue, and Product. Total Revenue generated $20.95M in revenue, accounting 47.80% of the company's total revenue Service generated $8.69M in revenue, accounting 19.83% of the company's total revenue, up 11.73% year-over-year. Fixed Lease Revenue generated $1.93M in revenue, accounting 4.40% of the company's total revenue Product generated $12.26M in revenue, accounting 27.98% of the company's total revenue, down -63.63% year-over-year.

What is Pioneer Power Solutions’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Pioneer Power Solutions was Total Revenue. This segment made a revenue of $20.95M, representing 47.80% of the company's total revenue.