---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-003957"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:38:10.203625+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power expects FY 2022 revenue > $27.5M, exceeding 50% YoY growth target

## Summary
- Preliminary Q4 2022 revenue exceeded $10M, highest since transformer division sale in mid-2019.
- Backlog at Dec. 31, 2022 was ~$37.0M, up over 60% from $22.8M a year earlier.
- Cash on hand at year-end 2022 was ~$10.3M; expected to sustain growth in 2023.
- Company confident of maintaining similar revenue growth rate in 2023, driven by E-Bloc and e-Boost demand.

## SEC filing metadata
- accession: 0001493152-23-003957
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1449792/000149315223003957/0001493152-23-003957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000149315223003957/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-003957
- JSON: https://secwatch.observer/filing/0001493152-23-003957.json
- Plain text: https://secwatch.observer/filing/0001493152-23-003957.txt

## Key facts
- Earnings Releases
  PIONEER POWER SOLUTIONS, INC. reported the year ended December 31, 2022 results: revenue more than $27.5 million.
  - Period: the year ended December 31, 2022
  - Revenue: more than $27.5 million
  - Result: preliminary results
  source text: Based on preliminary and unaudited results, management believes that revenue during the fourth quarter of 2022 exceeded $10.0 million, representing the highest quarterly revenue since the sale of the Company's transformer business units in mid-2019, resulting in estimated full-year 2022 revenue of more than $27.5 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1449792/000149315223003957/0001493152-23-003957-index.htm

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