---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-22-011392"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T19:52:59.200280+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power Q3 revenue up 10% to $6.3M; E-Bloc sales surge 79%; backlog record $27.9M

## Summary
- Revenue $6.3M (+10% YoY); E-Bloc revenue $3.4M (+79% YoY); net loss $1.3M ($0.13/share) vs $434K loss last year.
- Total backlog reached record $27.9M, up 157% YoY and 15% sequentially; 50% of backlog from E-Bloc.
- Company reaffirms 50% YoY full-year revenue growth expectation for 2022.
- Post-quarter: won $8M E-Bloc order from a major automaker and two e-Boost systems for California port.
- Cash $7.2M; expects $6.2M from note receivable by year-end.

## SEC filing metadata
- accession: 0001387131-22-011392
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1449792/000138713122011392/0001387131-22-011392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000138713122011392/ppsi-8k_111422.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-22-011392
- JSON: https://secwatch.observer/filing/0001387131-22-011392.json
- Plain text: https://secwatch.observer/filing/0001387131-22-011392.txt

## Key facts
- Earnings Releases
  PIONEER POWER SOLUTIONS, INC. reported the three months ended September 30, 2022 results: revenue $6.3 million, net income $1.3 million, EPS $(0.13) per basic and diluted share. Guidance reaffirmed.
  - Period: the three months ended September 30, 2022
  - Revenue: $6.3 million
  - Net income: $1.3 million
  - EPS: $(0.13) per basic and diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: record levels since the Company sold its transformer business units three years ago. Financial Highlights for the Third Quarter of 2022: ● Revenue increased approximately 10% to $6.3 million for the three months ended September 30, 2022, as compared to $5.7 million for the three months ended September 30, 2021. Revenue during the third quarter reflected increased
  evidence_url: https://www.sec.gov/Archives/edgar/data/1449792/000138713122011392/0001387131-22-011392-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.