---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-012362"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:27:09.337939+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power reports FY2023 revenue up 51% to $40.8M, net income $138K; guides FY2024 revenue $52-54M

## Summary
- FY2023 revenue $40.8M (+51% YoY); gross margin 25.5% vs 17.1%; net income $138K vs loss of $3.6M.
- Q4 2023 revenue $7.7M (down 19% YoY) due to order timing; net loss $689K vs income $948K.
- Backlog $45.9M as of Dec 31, 2023, up 36% sequentially and 23% YoY.
- FY2024 guidance: revenue $52-54M (~30% growth), EPS $0.31-0.34.
- e-Boost charging sessions surged to 7,500 (220 MWh) vs 350 (7.5 MWh) in 2022.

## SEC filing metadata
- accession: 0001493152-24-012362
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1449792/000149315224012362/0001493152-24-012362-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000149315224012362/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-012362
- JSON: https://secwatch.observer/filing/0001493152-24-012362.json
- Plain text: https://secwatch.observer/filing/0001493152-24-012362.txt

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