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Side-by-side financial comparison of CISO Global, Inc. (CISO) and PIONEER POWER SOLUTIONS, INC. (PPSI). Click either name above to swap in a different company.

CISO Global, Inc. is the larger business by last-quarter revenue ($6.3M vs $5.6M, roughly 1.1× PIONEER POWER SOLUTIONS, INC.). PIONEER POWER SOLUTIONS, INC. runs the higher net margin — -24.7% vs -35.4%, a 10.6% gap on every dollar of revenue. On growth, CISO Global, Inc. posted the faster year-over-year revenue change (-15.4% vs -42.3%). Over the past eight quarters, PIONEER POWER SOLUTIONS, INC.'s revenue compounded faster (30.3% CAGR vs -11.6%).

CISO Global, Inc. is a specialized cybersecurity services provider. It offers managed security monitoring, risk assessment, compliance advisory and incident response, serving North American SMEs, government and commercial clients across healthcare, retail and finance to help safeguard digital assets and mitigate cyber risks.

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.

CISO vs PPSI — Head-to-Head

Bigger by revenue
CISO
CISO
1.1× larger
CISO
$6.3M
$5.6M
PPSI
Growing faster (revenue YoY)
CISO
CISO
+26.9% gap
CISO
-15.4%
-42.3%
PPSI
Higher net margin
PPSI
PPSI
10.6% more per $
PPSI
-24.7%
-35.4%
CISO
Faster 2-yr revenue CAGR
PPSI
PPSI
Annualised
PPSI
30.3%
-11.6%
CISO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CISO
CISO
PPSI
PPSI
Revenue
$6.3M
$5.6M
Net Profit
$-2.2M
$-1.4M
Gross Margin
28.6%
23.5%
Operating Margin
-33.7%
-19.4%
Net Margin
-35.4%
-24.7%
Revenue YoY
-15.4%
-42.3%
Net Profit YoY
59.8%
-103.8%
EPS (diluted)
$0.10
$-0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CISO
CISO
PPSI
PPSI
Q4 25
$6.3M
$5.6M
Q3 25
$6.5M
$6.9M
Q2 25
$6.7M
$8.4M
Q1 25
$7.2M
$6.7M
Q4 24
$7.4M
$9.8M
Q3 24
$7.5M
$6.4M
Q2 24
$7.8M
$3.4M
Q1 24
$8.0M
$3.3M
Net Profit
CISO
CISO
PPSI
PPSI
Q4 25
$-2.2M
$-1.4M
Q3 25
$2.5M
$-2.4M
Q2 25
$-3.0M
$-1.3M
Q1 25
$-5.4M
$-929.0K
Q4 24
$-5.5M
$36.3M
Q3 24
$-3.7M
$-1.1M
Q2 24
$-8.4M
$-2.3M
Q1 24
$-6.6M
$-1.0M
Gross Margin
CISO
CISO
PPSI
PPSI
Q4 25
28.6%
23.5%
Q3 25
24.9%
9.3%
Q2 25
24.4%
15.7%
Q1 25
24.9%
2.2%
Q4 24
24.8%
28.9%
Q3 24
13.8%
23.7%
Q2 24
12.0%
18.9%
Q1 24
8.8%
16.1%
Operating Margin
CISO
CISO
PPSI
PPSI
Q4 25
-33.7%
-19.4%
Q3 25
-40.8%
-21.0%
Q2 25
-34.7%
-20.4%
Q1 25
-23.9%
-34.8%
Q4 24
-26.1%
-11.0%
Q3 24
-46.8%
-11.1%
Q2 24
-54.3%
-51.1%
Q1 24
-61.0%
-52.1%
Net Margin
CISO
CISO
PPSI
PPSI
Q4 25
-35.4%
-24.7%
Q3 25
39.2%
-34.1%
Q2 25
-44.8%
-15.9%
Q1 25
-75.1%
-13.8%
Q4 24
-74.5%
372.1%
Q3 24
-49.0%
-17.5%
Q2 24
-108.0%
-67.2%
Q1 24
-82.4%
-31.2%
EPS (diluted)
CISO
CISO
PPSI
PPSI
Q4 25
$0.10
$-0.12
Q3 25
$-0.05
$-0.21
Q2 25
$-0.09
$-0.12
Q1 25
$-0.38
$-0.09
Q4 24
$-0.47
$3.31
Q3 24
$-0.32
$-0.10
Q2 24
$-0.69
$-0.21
Q1 24
$-0.55
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CISO
CISO
PPSI
PPSI
Cash + ST InvestmentsLiquidity on hand
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$14.8M
$29.3M
Total Assets
$25.0M
$35.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CISO
CISO
PPSI
PPSI
Q4 25
$1.7M
Q3 25
$1.1M
Q2 25
$760.8K
$18.0M
Q1 25
$1.8M
$25.8M
Q4 24
$992.6K
$41.6M
Q3 24
$443.1K
$3.1M
Q2 24
$1.1M
$6.5M
Q1 24
$1.5M
$6.2M
Total Debt
CISO
CISO
PPSI
PPSI
Q4 25
Q3 25
$2.1M
Q2 25
$9.9M
Q1 25
$10.6M
Q4 24
$11.7M
Q3 24
$11.9M
Q2 24
$12.8M
Q1 24
$15.1M
Stockholders' Equity
CISO
CISO
PPSI
PPSI
Q4 25
$14.8M
$29.3M
Q3 25
$16.3M
$30.7M
Q2 25
$7.6M
$33.0M
Q1 25
$7.0M
$34.5M
Q4 24
$1.1M
$35.4M
Q3 24
$3.0M
$14.7M
Q2 24
$5.6M
$15.8M
Q1 24
$11.2M
$18.1M
Total Assets
CISO
CISO
PPSI
PPSI
Q4 25
$25.0M
$35.5M
Q3 25
$25.1M
$37.6M
Q2 25
$25.8M
$39.1M
Q1 25
$27.8M
$47.5M
Q4 24
$26.7M
$66.0M
Q3 24
$26.6M
$40.1M
Q2 24
$43.2M
$38.0M
Q1 24
$47.5M
$39.3M
Debt / Equity
CISO
CISO
PPSI
PPSI
Q4 25
Q3 25
0.13×
Q2 25
1.31×
Q1 25
1.52×
Q4 24
10.20×
Q3 24
3.92×
Q2 24
2.27×
Q1 24
1.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CISO
CISO
PPSI
PPSI
Operating Cash FlowLast quarter
$-1.8M
$-1.0M
Free Cash FlowOCF − Capex
$-2.2M
FCF MarginFCF / Revenue
-38.8%
Capex IntensityCapex / Revenue
20.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CISO
CISO
PPSI
PPSI
Q4 25
$-1.8M
$-1.0M
Q3 25
$-876.7K
$-817.0K
Q2 25
$-2.3M
$-5.5M
Q1 25
$-3.0M
$1.5M
Q4 24
$-259.0K
$-2.1M
Q3 24
$-903.1K
$-2.7M
Q2 24
$-1.3M
$571.0K
Q1 24
$-1.4M
$-1.9M
Free Cash Flow
CISO
CISO
PPSI
PPSI
Q4 25
$-2.2M
Q3 25
$-1.6M
Q2 25
$-5.6M
Q1 25
$907.0K
Q4 24
$-4.6M
Q3 24
$-3.4M
Q2 24
$-1.3M
$170.0K
Q1 24
$-1.5M
$-2.2M
FCF Margin
CISO
CISO
PPSI
PPSI
Q4 25
-38.8%
Q3 25
-23.4%
Q2 25
-67.0%
Q1 25
13.5%
Q4 24
-46.9%
Q3 24
-53.0%
Q2 24
-16.4%
5.0%
Q1 24
-18.5%
-65.2%
Capex Intensity
CISO
CISO
PPSI
PPSI
Q4 25
20.3%
Q3 25
11.5%
Q2 25
1.7%
Q1 25
8.8%
Q4 24
0.0%
25.4%
Q3 24
0.0%
10.3%
Q2 24
0.1%
11.8%
Q1 24
0.9%
6.4%
Cash Conversion
CISO
CISO
PPSI
PPSI
Q4 25
Q3 25
-0.35×
Q2 25
Q1 25
Q4 24
-0.06×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CISO
CISO

Security Managed Services$5.4M87%
Other$823.3K13%

PPSI
PPSI

Total Revenue$4.0M70%
Other$1.7M30%

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