---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-022307"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:18:16.573382+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power Q3 revenue $6.9M (+7% YoY); gross margin plummets to 9.3% from 23.7%

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-022307
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1449792/000149315225022307/0001493152-25-022307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000149315225022307/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-022307
- JSON: https://secwatch.observer/filing/0001493152-25-022307.json
- Plain text: https://secwatch.observer/filing/0001493152-25-022307.txt

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