earnings
confidence high
sentiment negative
materiality 0.65
Pioneer Power Q3 revenue $6.9M (+7% YoY); gross margin plummets to 9.3% from 23.7%
PIONEER POWER SOLUTIONS, INC.
2025-Q3 EPS reported
-$0.42
revenue$21,998,000
- Gross profit fell 58% to $640K; gross margin slipped to 9.3% from 23.7% on unfavorable sales mix.
- Net loss from continuing ops $(1.8)M vs $(738K); total net loss $(2.4)M including $(580K) discontinued ops loss.
- Reaffirmed FY 2025 revenue guidance of $27M-$29M, representing ~20% YoY growth.
- Cash $17.3M at Sept 30, down from $41.6M yr-end 2024 due to $16.7M special dividend and tax payments.
- Key orders: $1.3M school bus electrification, $1.2M Portland fleet, $725K Long Beach, $1.6M SparkCharge CaaS.