Pioneer Power Q2 revenue surges 147% to $8.4M; reaffirms FY2025 guidance $27-29M

PIONEER POWER SOLUTIONS, INC.

2025-Q2 EPS reported -$0.21 revenue$15,110,000

Q2 revenue $8.4M vs $3.4M YoY (+147%); gross profit $1.3M (+105%) but gross margin 15.7% vs 18.9%.
Operating loss from continuing ops unchanged at $(1.7)M; non-GAAP operating income $218K vs $(137K).
Net loss from continuing ops improved to $(1.2)M from $(1.7)M; total net loss $(1.3)M.
Cash $18.0M (down from $41.6M due to $16.7M special dividend paid Jan 2025); no bank debt.
Secured multi-year e-Boost award up to $10M with major U.S. CaaS provider; reaffirms FY2025 revenue $27-29M.

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