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Side-by-side financial comparison of PIONEER POWER SOLUTIONS, INC. (PPSI) and Sunlands Technology Group (STG). Click either name above to swap in a different company.

Sunlands Technology Group is the larger business by last-quarter revenue ($10.1M vs $5.6M, roughly 1.8× PIONEER POWER SOLUTIONS, INC.). Sunlands Technology Group runs the higher net margin — 24.0% vs -24.7%, a 48.7% gap on every dollar of revenue. Over the past eight quarters, PIONEER POWER SOLUTIONS, INC.'s revenue compounded faster (30.3% CAGR vs 0.6%).

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.

STG Partners, LLC (STG) is an American private equity firm and based in Menlo Park, California. Its predecessor, Symphony Technology Group ("Symphony") was founded in 2002 by Romesh Wadhwani, William Chisholm, and Bryan Taylor. In 2017, Symphony was reorganized as STG Partners. As of March 2025, STG Partners managed approximately $12 billion in 19 pooled investment vehicle for its clients. The firm itself has less than one billion dollars in assets.

PPSI vs STG — Head-to-Head

Bigger by revenue
STG
STG
1.8× larger
STG
$10.1M
$5.6M
PPSI
Higher net margin
STG
STG
48.7% more per $
STG
24.0%
-24.7%
PPSI
Faster 2-yr revenue CAGR
PPSI
PPSI
Annualised
PPSI
30.3%
0.6%
STG

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
PPSI
PPSI
STG
STG
Revenue
$5.6M
$10.1M
Net Profit
$-1.4M
$2.4M
Gross Margin
23.5%
88.5%
Operating Margin
-19.4%
26.5%
Net Margin
-24.7%
24.0%
Revenue YoY
-42.3%
Net Profit YoY
-103.8%
EPS (diluted)
$-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
PPSI
PPSI
STG
STG
Q4 25
$5.6M
Q3 25
$6.9M
$10.1M
Q2 25
$8.4M
$9.3M
Q1 25
$6.7M
Q4 24
$9.8M
$9.7M
Q3 24
$6.4M
Q2 24
$3.4M
$10.0M
Q1 24
$3.3M
Net Profit
PPSI
PPSI
STG
STG
Q4 25
$-1.4M
Q3 25
$-2.4M
$2.4M
Q2 25
$-1.3M
$1.4M
Q1 25
$-929.0K
Q4 24
$36.3M
$1.8M
Q3 24
$-1.1M
Q2 24
$-2.3M
$2.2M
Q1 24
$-1.0M
Gross Margin
PPSI
PPSI
STG
STG
Q4 25
23.5%
Q3 25
9.3%
88.5%
Q2 25
15.7%
85.2%
Q1 25
2.2%
Q4 24
28.9%
83.3%
Q3 24
23.7%
Q2 24
18.9%
85.2%
Q1 24
16.1%
Operating Margin
PPSI
PPSI
STG
STG
Q4 25
-19.4%
Q3 25
-21.0%
26.5%
Q2 25
-20.4%
15.2%
Q1 25
-34.8%
Q4 24
-11.0%
13.4%
Q3 24
-11.1%
Q2 24
-51.1%
Q1 24
-52.1%
Net Margin
PPSI
PPSI
STG
STG
Q4 25
-24.7%
Q3 25
-34.1%
24.0%
Q2 25
-15.9%
15.4%
Q1 25
-13.8%
Q4 24
372.1%
18.2%
Q3 24
-17.5%
Q2 24
-67.2%
21.5%
Q1 24
-31.2%
EPS (diluted)
PPSI
PPSI
STG
STG
Q4 25
$-0.12
Q3 25
$-0.21
Q2 25
$-0.12
Q1 25
$-0.09
Q4 24
$3.31
Q3 24
$-0.10
Q2 24
$-0.21
$0.31
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
PPSI
PPSI
STG
STG
Cash + ST InvestmentsLiquidity on hand
$15.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$29.3M
$17.7M
Total Assets
$35.5M
$41.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PPSI
PPSI
STG
STG
Q4 25
Q3 25
$15.1M
Q2 25
$18.0M
Q1 25
$25.8M
Q4 24
$41.6M
$15.6M
Q3 24
$3.1M
Q2 24
$6.5M
$18.7M
Q1 24
$6.2M
Total Debt
PPSI
PPSI
STG
STG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.5M
Q3 24
Q2 24
$1.8M
Q1 24
Stockholders' Equity
PPSI
PPSI
STG
STG
Q4 25
$29.3M
Q3 25
$30.7M
$17.7M
Q2 25
$33.0M
$12.6M
Q1 25
$34.5M
Q4 24
$35.4M
$10.7M
Q3 24
$14.7M
Q2 24
$15.8M
$7.6M
Q1 24
$18.1M
Total Assets
PPSI
PPSI
STG
STG
Q4 25
$35.5M
Q3 25
$37.6M
$41.2M
Q2 25
$39.1M
$40.3M
Q1 25
$47.5M
Q4 24
$66.0M
$42.4M
Q3 24
$40.1M
Q2 24
$38.0M
$41.3M
Q1 24
$39.3M
Debt / Equity
PPSI
PPSI
STG
STG
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.14×
Q3 24
Q2 24
0.24×
Q1 24

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
STG
STG
Operating Cash FlowLast quarter
$-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
PPSI
PPSI
STG
STG
Q4 25
$-1.0M
Q3 25
$-817.0K
Q2 25
$-5.5M
Q1 25
$1.5M
Q4 24
$-2.1M
Q3 24
$-2.7M
Q2 24
$571.0K
Q1 24
$-1.9M
Free Cash Flow
PPSI
PPSI
STG
STG
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
$170.0K
Q1 24
$-2.2M
FCF Margin
PPSI
PPSI
STG
STG
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
5.0%
Q1 24
-65.2%
Capex Intensity
PPSI
PPSI
STG
STG
Q4 25
20.3%
Q3 25
11.5%
Q2 25
1.7%
Q1 25
8.8%
Q4 24
25.4%
Q3 24
10.3%
Q2 24
11.8%
Q1 24
6.4%
Cash Conversion
PPSI
PPSI
STG
STG
Q4 25
Q3 25
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

PPSI
PPSI

Total Revenue$4.0M70%
Other$1.7M30%

STG
STG

Segment breakdown not available.

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