Pioneer Power Solutions (PPSI) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Pioneer Power Solutions Revenue Highlights

Latest Revenue (Y)

$27.63M

Latest Revenue (Q)

$6.89M

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
2025-12-31	$27.63M	20.75%
2024-12-31	$22.88M	105.82%
2023-12-31	$11.12M	-57.04%
2022-12-31	$25.88M	41.32%
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%
2008-12-31	-	-

Pioneer Power Solutions generated $27.63M in revenue during NA 2025, up 20.75% compared to the previous quarter, and up 141.75% compared to the same period a year ago.

Pioneer Power Solutions Revenue by Quarter

Date	Revenue	Change
2025-09-30	$6.89M	-17.71%
2025-06-30	$8.37M	24.18%
2025-03-31	$6.74M	28.19%
2024-12-31	$5.26M	-51.81%
2024-09-30	$10.91M	221.38%
2024-06-30	$3.40M	2.41%
2024-03-31	$3.31M	-60.60%
2023-12-31	$8.41M	-26.54%
2023-09-30	$11.45M	-6.75%
2023-06-30	$12.28M	28.54%
2023-03-31	$9.55M	13.72%
2022-12-31	$8.40M	34.41%
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 $6.89M in revenue during Q3 2025, up -17.71% compared to the previous quarter, and up 202.89% 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 25	Dec 24	Dec 23	Dec 22	Dec 21
Product	$13.91M	$12.26M	$33.72M	$19.61M	-
Total Revenue	$23.36M	$20.95M	-	-	-
Service	$9.44M	$8.69M	$7.78M	-	-
Fixed Lease Revenue	-	$1.93M	-	-	-
Critical Power Segment	-	-	-	-	$8.83M
T & D Solutions	-	-	-	-	$9.48M

Pioneer Power Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 25: Total Revenue (50.00%), Product (29.79%), and Service (20.21%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	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
Total Revenue	$3.96M	$6.68M	$6.50M	$6.22M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	$1.85M	$2.86M	$2.29M	$2.44M	$2.01M	$2.46M	$2.23M	$1.99M	$3.79M	$1.89M	$2.10M	$2.00M	$2.10M	$1.87M	-	-	-	-	-	-
Product	$2.10M	$3.83M	$4.21M	$3.77M	-	$8.46M	$4.11M	$6.60M	$17.03M	$10.24M	$6.45M	$7.58M	$4.20M	$3.75M	-	-	-	-	-	-
Fixed Lease Revenue	-	$213.00K	$458.00K	$523.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
T & D Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.97M	$3.40M	$1.50M	$3.00M	-	-	-
Critical Power Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.32M	$2.64M	$1.99M	$2.69M	$2.46M	-	-
Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.59M	-
Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.91M	-
T&D Solutions	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.89M

Pioneer Power Solutions's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Total Revenue (50.00%), Product (26.59%), and Service (23.41%).

Pioneer Power Solutions Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
UNITED STATES	$27.50M	$19.91M	$41.49M	$27.00M	$18.31M
CANADA	$127.00K	$2.97M	-	-	-

Pioneer Power Solutions's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (99.54%), and CANADA (0.46%).

Quarterly Revenue by Country

Country	Dec 25	Sep 25	Jun 25	Mar 25	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
UNITED STATES	$5.75M	$6.88M	$8.26M	$6.63M	-	$10.91M	$6.34M	$8.59M	$32.99M	$8.51M	$9.52M	$6.25M	$4.29M	$6.04M	$3.50M	$5.68M	$5.63M	-	-	-
CANADA	-	$13.00K	$115.00K	$115.00K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	-	-	-	-	-	-	-	-	-	$2.10M	-	-	-	-	-	-	-	-	-	-
Product	-	-	-	-	-	-	-	-	-	$6.45M	-	-	-	-	-	-	-	-	-	-
United States	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.50M	$5.09M	$5.00M

Pioneer Power Solutions's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (100.00%).

Pioneer Power Solutions Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BWEN	Broadwind	$158.05M	$44.24M
ADSE	ADS-TEC Energy	$105.18M	$67.72M
YGMZ	MingZhu Logistics	$89.00M	$32.91M
TPCS	TechPrecision	$31.59M	$7.09M
PPSI	Pioneer Power Solutions	$27.63M	$6.89M
KSCP	Knightscope	$11.34M	$3.13M
CLIR	ClearSign	$5.23M	$1.03M
HTLM	HomesToLife	$4.17M	$2.01M
GWH	ESS Tech	$1.58M	$2.36M
IPWR	Ideal Power	$37.73K	$24.45K
SDST	Stardust Power	-	-

PPSI Revenue FAQ

What is Pioneer Power Solutions’s yearly revenue?

Pioneer Power Solutions's yearly revenue for 2025 was $27.63M, representing an increase of 20.75% compared to 2024. The company's yearly revenue for 2024 was $22.88M, representing an increase of 105.82% compared to 2023. PPSI's yearly revenue for 2023 was $11.12M, representing a decrease of -57.04% compared to 2022.

What is Pioneer Power Solutions’s quarterly revenue?

Pioneer Power Solutions's quarterly revenue for Q3 2025 was $6.89M, a -17.71% decrease from the previous quarter (Q2 2025), and a -36.87% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $8.37M, a 24.18% increase from the previous quarter (Q1 2025), and a 146.54% increase year-over-year (Q2 2024). PPSI's quarterly revenue for Q1 2025 was $6.74M, a 28.19% increase from the previous quarter (Q4 2024), and a 103.32% increase year-over-year (Q1 2024).

What is Pioneer Power Solutions’s revenue growth rate?

Pioneer Power Solutions's revenue growth rate for the last 3 years (2023-2025) was 148.53%, and for the last 5 years (2021-2025) was 50.88%.

What are Pioneer Power Solutions’s revenue streams?

Pioneer Power Solutions's revenue streams in c 25 are Product, Total Revenue, and Service. Product generated $13.91M in revenue, accounting 29.79% of the company's total revenue, up 13.47% year-over-year. Total Revenue generated $23.36M in revenue, accounting 50.00% of the company's total revenue, up 11.47% year-over-year. Service generated $9.44M in revenue, accounting 20.21% of the company's total revenue, up 8.65% year-over-year.

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

For the fiscal year ending Dec 25, the largest source of revenue of Pioneer Power Solutions was Total Revenue. This segment made a revenue of $23.36M, representing 50.00% of the company's total revenue.