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

QUICKLOGIC Corp is the larger business by last-quarter revenue ($5.7M vs $5.6M, roughly 1.0× PIONEER POWER SOLUTIONS, INC.). QUICKLOGIC Corp runs the higher net margin — -5.4% vs -24.7%, a 19.4% gap on every dollar of revenue. On growth, QUICKLOGIC Corp posted the faster year-over-year revenue change (-24.1% vs -42.3%). QUICKLOGIC Corp produced more free cash flow last quarter ($-1.2M vs $-2.2M). Over the past eight quarters, PIONEER POWER SOLUTIONS, INC.'s revenue compounded faster (30.3% CAGR vs 17.2%).

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.

QuickLogic Corp is a fabless semiconductor company developing low-power customizable FPGAs, embedded FPGA IP, and edge sensor processing solutions. Its offerings serve global wearables, IoT, mobile electronics, and industrial markets, enabling energy-efficient low-latency on-device processing for edge AI and sensing use cases.

PPSI vs QUIK — Head-to-Head

Bigger by revenue
QUIK
QUIK
1.0× larger
QUIK
$5.7M
$5.6M
PPSI
Growing faster (revenue YoY)
QUIK
QUIK
+18.2% gap
QUIK
-24.1%
-42.3%
PPSI
Higher net margin
QUIK
QUIK
19.4% more per $
QUIK
-5.4%
-24.7%
PPSI
More free cash flow
QUIK
QUIK
$1.0M more FCF
QUIK
$-1.2M
$-2.2M
PPSI
Faster 2-yr revenue CAGR
PPSI
PPSI
Annualised
PPSI
30.3%
17.2%
QUIK

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
PPSI
PPSI
QUIK
QUIK
Revenue
$5.6M
$5.7M
Net Profit
$-1.4M
$-305.0K
Gross Margin
23.5%
62.7%
Operating Margin
-19.4%
2.6%
Net Margin
-24.7%
-5.4%
Revenue YoY
-42.3%
-24.1%
Net Profit YoY
-103.8%
-114.9%
EPS (diluted)
$-0.12
$-0.02

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
PPSI
PPSI
QUIK
QUIK
Q4 25
$5.6M
Q3 25
$6.9M
Q2 25
$8.4M
Q1 25
$6.7M
Q4 24
$9.8M
$5.7M
Q3 24
$6.4M
$4.2M
Q2 24
$3.4M
$4.1M
Q1 24
$3.3M
$5.7M
Net Profit
PPSI
PPSI
QUIK
QUIK
Q4 25
$-1.4M
Q3 25
$-2.4M
Q2 25
$-1.3M
Q1 25
$-929.0K
Q4 24
$36.3M
$-305.0K
Q3 24
$-1.1M
$-2.1M
Q2 24
$-2.3M
$-1.6M
Q1 24
$-1.0M
$108.0K
Gross Margin
PPSI
PPSI
QUIK
QUIK
Q4 25
23.5%
Q3 25
9.3%
Q2 25
15.7%
Q1 25
2.2%
Q4 24
28.9%
62.7%
Q3 24
23.7%
59.1%
Q2 24
18.9%
54.7%
Q1 24
16.1%
67.1%
Operating Margin
PPSI
PPSI
QUIK
QUIK
Q4 25
-19.4%
Q3 25
-21.0%
Q2 25
-20.4%
Q1 25
-34.8%
Q4 24
-11.0%
2.6%
Q3 24
-11.1%
-38.1%
Q2 24
-51.1%
-29.3%
Q1 24
-52.1%
2.3%
Net Margin
PPSI
PPSI
QUIK
QUIK
Q4 25
-24.7%
Q3 25
-34.1%
Q2 25
-15.9%
Q1 25
-13.8%
Q4 24
372.1%
-5.4%
Q3 24
-17.5%
-49.8%
Q2 24
-67.2%
-37.8%
Q1 24
-31.2%
1.9%
EPS (diluted)
PPSI
PPSI
QUIK
QUIK
Q4 25
$-0.12
Q3 25
$-0.21
Q2 25
$-0.12
Q1 25
$-0.09
Q4 24
$3.31
$-0.02
Q3 24
$-0.10
$-0.14
Q2 24
$-0.21
$-0.11
Q1 24
$-0.10
$0.01

Balance Sheet & Financial Strength

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

Metric
PPSI
PPSI
QUIK
QUIK
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$3.1M
Stockholders' EquityBook value
$29.3M
$24.9M
Total Assets
$35.5M
$51.9M
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPSI
PPSI
QUIK
QUIK
Q4 25
Q3 25
Q2 25
$18.0M
Q1 25
$25.8M
Q4 24
$41.6M
Q3 24
$3.1M
Q2 24
$6.5M
Q1 24
$6.2M
Total Debt
PPSI
PPSI
QUIK
QUIK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$3.1M
Q3 24
$3.4M
Q2 24
$1.2M
Q1 24
$1.4M
Stockholders' Equity
PPSI
PPSI
QUIK
QUIK
Q4 25
$29.3M
Q3 25
$30.7M
Q2 25
$33.0M
Q1 25
$34.5M
Q4 24
$35.4M
$24.9M
Q3 24
$14.7M
$20.9M
Q2 24
$15.8M
$21.8M
Q1 24
$18.1M
$22.2M
Total Assets
PPSI
PPSI
QUIK
QUIK
Q4 25
$35.5M
Q3 25
$37.6M
Q2 25
$39.1M
Q1 25
$47.5M
Q4 24
$66.0M
$51.9M
Q3 24
$40.1M
$49.7M
Q2 24
$38.0M
$47.5M
Q1 24
$39.3M
$51.9M
Debt / Equity
PPSI
PPSI
QUIK
QUIK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.12×
Q3 24
0.16×
Q2 24
0.06×
Q1 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
PPSI
PPSI
QUIK
QUIK
Operating Cash FlowLast quarter
$-1.0M
$116.0K
Free Cash FlowOCF − Capex
$-2.2M
$-1.2M
FCF MarginFCF / Revenue
-38.8%
-20.6%
Capex IntensityCapex / Revenue
20.3%
22.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.5M
$-5.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PPSI
PPSI
QUIK
QUIK
Q4 25
$-1.0M
Q3 25
$-817.0K
Q2 25
$-5.5M
Q1 25
$1.5M
Q4 24
$-2.1M
$116.0K
Q3 24
$-2.7M
$-16.0K
Q2 24
$571.0K
$-220.0K
Q1 24
$-1.9M
$147.0K
Free Cash Flow
PPSI
PPSI
QUIK
QUIK
Q4 25
$-2.2M
Q3 25
$-1.6M
Q2 25
$-5.6M
Q1 25
$907.0K
Q4 24
$-4.6M
$-1.2M
Q3 24
$-3.4M
$-83.0K
Q2 24
$170.0K
$-4.2M
Q1 24
$-2.2M
$62.0K
FCF Margin
PPSI
PPSI
QUIK
QUIK
Q4 25
-38.8%
Q3 25
-23.4%
Q2 25
-67.0%
Q1 25
13.5%
Q4 24
-46.9%
-20.6%
Q3 24
-53.0%
-2.0%
Q2 24
5.0%
-102.2%
Q1 24
-65.2%
1.1%
Capex Intensity
PPSI
PPSI
QUIK
QUIK
Q4 25
20.3%
Q3 25
11.5%
Q2 25
1.7%
Q1 25
8.8%
Q4 24
25.4%
22.6%
Q3 24
10.3%
1.6%
Q2 24
11.8%
96.9%
Q1 24
6.4%
1.5%
Cash Conversion
PPSI
PPSI
QUIK
QUIK
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
-0.06×
Q3 24
Q2 24
Q1 24
1.36×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PPSI
PPSI

Total Revenue$4.0M70%
Other$1.7M30%

QUIK
QUIK

North America$3.0M53%
Other$2.7M47%

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