PIONEER POWER SOLUTIONS, INC.PPSIEarnings & Financial Report
Caterpillar Energy Solutions GmbH, is a mechanical engineering company based in Mannheim, Baden-Württemberg, Germany. It was known as MWM GmbH Motoren-Werke Mannheim (MWM) until November 2013. In 2009 the company was the third-largest producer by revenue of gas and diesel engines.
Revenue
$3.4M
Gross Profit
$641.0K
Operating Profit
$-1.7M
Net Profit
$-2.3M
Gross Margin
18.9%
Operating Margin
-51.1%
Net Margin
-67.2%
YoY Growth
-72.4%
EPS
$-0.21
PIONEER POWER SOLUTIONS, INC. Q2 FY2024 Financial Summary
PIONEER POWER SOLUTIONS, INC. reported revenue of $3.4M (down 72.4% YoY) for Q2 FY2024, with a net profit of $-2.3M (down 369.2% YoY) (-67.2% margin). Cost of goods sold was $2.8M, operating expenses totaled $2.4M.
Key Financial Metrics
| Total Revenue | $3.4M |
|---|---|
| Net Profit | $-2.3M |
| Gross Margin | 18.9% |
| Operating Margin | -51.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
PIONEER POWER SOLUTIONS, INC. Q2 FY2024 revenue of $3.4M breaks down across 2 segments, led by Electrical Infrastructure Segment at $2.9M (86.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Electrical Infrastructure Segment | $2.9M | 86.7% |
| Other | $450.0K | 13.3% |
PIONEER POWER SOLUTIONS, INC. Revenue by Segment — Quarterly Trend
PIONEER POWER SOLUTIONS, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Electrical Infrastructure Segment and Other) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Other | $1.7M | $206.0K | $484.0K | $523.0K |
PIONEER POWER SOLUTIONS, INC. Annual Revenue by Year
PIONEER POWER SOLUTIONS, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $27.6M).
| Year | Annual Revenue |
|---|---|
| 2025 | $27.6M |
| 2024 | $22.9M |
| 2023 | $11.1M |
| 2022 | $25.9M |
PIONEER POWER SOLUTIONS, INC. Quarterly Revenue & Net Profit History
PIONEER POWER SOLUTIONS, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $5.6M | -42.3% | $-1.4M | -24.7% |
| Q3 FY2025 | $6.9M | +7.4% | $-2.4M | -34.1% |
| Q2 FY2025 | $8.4M | +146.5% | $-1.3M | -15.9% |
| Q1 FY2025 | $6.7M | +103.3% | $-929.0K | -13.8% |
| Q4 FY2024 | $9.8M | +144.0% | $36.3M | 372.1% |
| Q3 FY2024 | $6.4M | -44.0% | $-1.1M | -17.5% |
| Q2 FY2024 | $3.4M | -72.4% | $-2.3M | -67.2% |
| Q1 FY2024 | $3.3M | -65.3% | $-1.0M | -31.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3M | $3.4M | $6.4M | $9.8M | $6.7M | $8.4M | $6.9M | $5.6M |
| YoY Growth | -65.3% | -72.4% | -44.0% | 144.0% | 103.3% | 146.5% | 7.4% | -42.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $39.3M | $38.0M | $40.1M | $66.0M | $47.5M | $39.1M | $37.6M | $35.5M |
| Liabilities | $21.2M | $22.2M | $25.4M | $30.5M | $13.0M | $6.1M | $6.9M | $6.1M |
| Equity | $18.1M | $15.8M | $14.7M | $35.4M | $34.5M | $33.0M | $30.7M | $29.3M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.9M | $571000 | $-2.7M | $-2.1M | $1.5M | $-5.5M | $-817000 | $-1.0M |