Filing Flows › Pioneer Power Solutions (PPSI) › Q1 2026 › vs Q1 2025
Pioneer Power Solutions (PPSI) Q1 2026 vs Q1 2025 (year over year)
Pioneer Power Solutions's revenue fell $2.2M (-35%) from $6.2M in Q1 2025 to $4.0M in Q1 2026. The biggest changes: Product −$2.2M (-58%); Service −$27K (-1%).
Pioneer Power Solutions, Q1 2026: revenue $4.0M (-36% year over year), operating margin -50.4%, net loss $2.5M, operating cash flow −$887K. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Service | $2.4M | $2.4M | −$27K | -1% |
| Product | $1.6M | $3.8M | −$2.2M | -58% |
| Revenue | $4.0M | $6.2M | −$2.2M | -35% |
| Net loss | $2.5M | $929K | $1.6M | +170% |
| Costs & expenses | $6.5M | $8.6M | −$2.0M | -24% |
| Operating costs | $6.0M | $8.6M | −$2.5M | -30% |
| Interest & other, net | $488K | −$270K | $758K | — |
| Cost of revenue | $3.4M | $6.1M | −$2.6M | -44% |
| Research & development | $156K | $80K | $76K | +95% |
| SG&A | $2.4M | $2.4M | $32K | +1% |
| Operating cash sources | $2.5M | $929K | $1.6M | +170% |
| Depreciation | $265K | $258K | $7K | +3% |
| Share-based compensation | $10K | $13K | −$3K | -23% |
| Working capital & other | $1.3M | $2.2M | −$814K | -38% |
| Cash used in operations | $887K | −$1.5M | $2.4M | — |
| Net loss absorbed | $2.5M | $929K | $1.6M | +170% |
Questions
How much did Pioneer Power Solutions's revenue grow year over year in Q1 2026?
Pioneer Power Solutions's revenue fell $2.2M (-35%) from $6.2M in Q1 2025 to $4.0M in Q1 2026.
What drove Pioneer Power Solutions's revenue change in Q1 2026?
Product −$2.2M (-58%); Service −$27K (-1%).