---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-028542"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2023-08-14T23:59:59+00:00"
generated_at: "2026-06-11T10:42:32.955942+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power Q2 revenue record $12.1M, up 149% YoY; gross margin expands to 22.4%

## Summary
- Revenue $12.1M (record), up 149% YoY from $4.9M; T&D Solutions revenue up 263%.
- Gross profit $2.7M (22.4% margin) vs $63K (1.3%) last year.
- Operating loss $378K incl. $819K non-cash stock comp; ex-stock comp, operating income $441K.
- Net loss $0.03/share ($319K) vs $0.26 loss last year; ex-stock comp, EPS $0.05 positive.
- Backlog $33.6M; reiterates FY2023 revenue $42-45M and positive EPS.

## SEC filing metadata
- accession: 0001493152-23-028542
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2023-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1449792/000149315223028542/0001493152-23-028542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000149315223028542/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-028542
- JSON: https://secwatch.observer/filing/0001493152-23-028542.json
- Plain text: https://secwatch.observer/filing/0001493152-23-028542.txt

## Key facts
- Earnings Releases
  PIONEER POWER SOLUTIONS, INC. reported the second quarter and six months ended June 30, 2023 results: revenue $12.1 million. Guidance reaffirmed.
  - Period: the second quarter and six months ended June 30, 2023
  - Revenue: $12.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: forth by specific reference in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Pioneer Power Increases Revenue 149% during the Second Quarter to a Record $12.1 Million; Gross Profit Increases to $2.7 Million, Achieving a 22% Gross Margin Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1449792/000149315223028542/0001493152-23-028542-index.htm

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