---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-004837"
form_type: "8-K"
ticker: "PPSI"
cik: "0001449792"
company_name: "PIONEER POWER SOLUTIONS, INC."
filed_at: "2025-04-15T23:59:59+00:00"
generated_at: "2026-05-23T14:26:12.637732+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Pioneer Power reports FY2024 revenue up 106% to $22.9M; diluted EPS $2.90

## Summary
- Revenue $22.9M, up 106% YoY; net income $31.9M vs loss $1.9M; diluted EPS $2.90.
- Op loss from continuing ops improved to ($5.2M) from ($7.0M); non-GAAP op income $1.7M.
- Cash $41.6M at Dec 31, 2024 vs $3.6M; special dividend of $16.7M paid Jan 2025.
- Backlog $19.8M at year-end; reaffirms FY2025 revenue guidance $27M-$29M.
- Sold Electrical Infrastructure for $50M; e-Boost charging sessions up 93% to 14,500.

## SEC filing metadata
- accession: 0001641172-25-004837
- form_type: 8-K
- ticker: PPSI
- cik: 0001449792
- company_name: PIONEER POWER SOLUTIONS, INC.
- filed_at: 2025-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1449792/000164117225004837/0001641172-25-004837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1449792/000164117225004837/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-004837
- JSON: https://secwatch.observer/filing/0001641172-25-004837.json
- Plain text: https://secwatch.observer/filing/0001641172-25-004837.txt

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