---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-007522"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T11:21:02.834863+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power Q4 revenue $9.8M (+265% YoY); full-year Critical Power revenue $22.9M (+106%)

## Summary
- Q4 gross profit $2.8M (29% margin) vs $610K (23%) YoY; operating income ex-items $1.5M vs loss of $66K.
- Full-year gross profit $5.5M (24% margin) vs $2.2M (20%) YoY; operating income ex-items $1.6M vs loss of $1.3M.
- Cash on hand $41.6M at Dec 31, 2024, up from $3.6M; special dividend of $16.7M paid Jan 2025.
- Management reiterates 2025 revenue guidance of $27-29M, excluding new HOMe-Boost and e-Boost RealM platforms.
- Results exclude T&D Solutions segment sold Oct 2024 for $50M; 2025 outlook does not include new product contributions.

## SEC filing metadata
- accession: 0001493152-25-007522
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2025-02-19T23:59:59+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/1449792/000149315225007522/0001493152-25-007522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000149315225007522/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-007522
- JSON: https://secwatch.observer/filing/0001493152-25-007522.json
- Plain text: https://secwatch.observer/filing/0001493152-25-007522.txt

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