Source-grounded facts extracted from PIONEER POWER SOLUTIONS, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PIONEER POWER SOLUTIONS, INC. reported first quarter ended March 31, 2026 results: revenue $4.3 million, net income $2.5 million.
“to more than $500,000 per month during the quarter, as reflected in the Company’s higher backlog levels as of March 31, 2026. Q1 2026 Financial Highlights ● Revenue was $4.3 million, compared to $6.7 million for the same quarter in 2025. ● Gross profit was $582,000, or a gross margin of 13.6%, as compared to $148,000, or a gross margin of 2.2%, for the”
PIONEER POWER SOLUTIONS, INC. reported the full year ended December 31, 2025 results: revenue $27.6 million, net income $(6.0) million.
“Full Year 2025 Financial Highlights ● Revenue was $27.6 million, up 20.8% and in-line with Company guidance, compared to $22.9 million for the year ended December 31, 2024. ● Gross profit was $3.4 million, or a gross margin of 12.4%, as compared to $5.5 million, or a gross margin of 24.1%, for the year ended December 31, 2024. ● Operating loss from continuing operations was $(6.6) million, as compared to $(5.2) million for the year ended December 31, 2024. ● Non–GAAP operating loss* from continuing operations, which excludes corporate overhead expenses, research and development expenses, depreciation and amortization expenses and non-recurring professional fees, was $(98,000), as compared to non-GAAP operating income of $2.5 million for the year ended December 31, 2024. ● Net loss was $(6.0) million, inclusive of income from discontinued operations of $449,000, as compared to net income of $31.9 million, inclusive of income from discontinued operations of $35.2 million, for the year en”
PIONEER POWER SOLUTIONS, INC. reported the fourth quarter ended December 31, 2025 results: revenue $5.6 million, net income $(1.4) million.
“Q4 2025 Financial Highlights ● Revenue was $5.6 million, compared to $9.8 million for the same quarter in 2024. ● Gross profit was $1.3 million, or a gross margin of 23.5%, as compared to $2.8 million, or a gross margin of 28.9%, for the same quarter in 2024. ● Operating loss was $(1.1) million, unchanged from $(1.1) million for the same quarter in 2024. ● Non–GAAP operating income* from continuing operations, which excludes corporate overhead expenses, research and development expenses, depreciation and amortization expenses and non-recurring professional fees, was $589,000, as compared to $1.9 million for the same quarter in 2024. ● Net loss was $(1.4) million, inclusive of loss from discontinued operations of $(17,500), as compared to net income of $36.3 million, inclusive of income from discontinued operations of $35.5 million, in the year ago quarter.”
PIONEER POWER SOLUTIONS, INC. engaged BDO USA, P.C. as its auditor.
“the Audit Committee previously approved the engagement of BDO and on November 26, 2024, the Company entered into an engagement agreement with BDO, in which BDO will serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.”
PIONEER POWER SOLUTIONS, INC. dismissed Marcum LLP as its auditor.
“the audit committee (the “Audit Committee”) of Pioneer Power Solutions, Inc. (the “Company”) approved the dismissal of Marcum LLP as the Company’s independent registered public accounting firm, effective as of November 14, 2024.”
PIONEER POWER SOLUTIONS, INC. dismissed Marcum LLP as its auditor.
“The audit committee of the Company (the “Audit Committee”) approved the dismissal of Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm, effective as of November 14, 2024.”
PIONEER POWER SOLUTIONS, INC. completed a disposition involving Voltaris Power LLC for $48.0 million in cash, subject to adjustment pursuant to the terms of the Equity Purchase Agreement, and (ii) $2.0 million in equity (closed 2024-10-29).
“to: (i) contribute 4% of all of the issued and outstanding equity interests of Pioneer Custom to Investment (the “Rollover Interests”) in exchange for Investment issuing $2.0 million of common units (representing approximately 6% of Investment’s issued and outstanding common units on the Closing Date (as defined below)) (the “Rollover Units”) to the Company;”
PIONEER POWER SOLUTIONS, INC. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 18, 2024, Pioneer Power Solutions, Inc. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that as it has not yet filed its Annual Report on Form 10-K (the “Form 10-K”) for the year ended December 31, 2023, the Company now no longer complies with Listing Rule 5250(c)(1) for continued listing on Nasdaq. The Company has 60 calendar days to submit to Nasdaq a plan to regain compliance, and if such plan is accepted, Nasdaq may grant the Company an exception of up to 180 calendar days from the”
PIONEER POWER SOLUTIONS, INC. reported the third quarter ended September 30, 2023 results: revenue $12.4 million, net income $1.0 million, EPS $0.10 per basic and diluted share. Guidance reaffirmed.
“be expressly set forth by specific reference in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Pioneer’s Third Quarter Revenue Increases 99.1% to a Record $12.4 Million; Grows Profitability to $0.10 in Quarterly EPS Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS; Company Maintains $33.6 Million”
PIONEER POWER SOLUTIONS, INC. shareholders approved Approval, on an advisory basis, of the compensation paid to the Company's named executive officers. at the 2023-11-13 meeting.
“(3) Approval, on an advisory basis, of the compensation paid to the Company’s named executive officers: Votes For Votes Against Votes Abstaining Broker Non-Votes 3,737,010 158,597 19,226 2,226,849”
PIONEER POWER SOLUTIONS, INC. shareholders approved Ratification of the appointment of Marcum LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-11-13 meeting.
“(2) Ratification of the appointment of Marcum LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: Votes For Votes Against Votes Abstaining 5,938,886 190,474 12,322”
PIONEER POWER SOLUTIONS, INC. shareholders approved Election of seven directors to serve on the Company's board of directors to serve until the annual meeting of the stockholders in 2024, or until his or her successors have been duly elected and qualified. at the 2023-11-13 meeting.
“At the Company’s Annual Meeting, the following proposals were submitted to the Company’s stockholders. The final voting results are as follows: (1) Election of seven directors to serve on the Company’s board of directors to serve until the annual meeting of the stockholders in 2024, or until his or her successors have been duly elected and qualified: Nominee Votes For Votes Withheld Nathan J. Mazurek 3,895,715 19,118 Thomas Klink 3,899,471 15,362 Yossi Cohn 3,710,419 204,414 Ian Ross 3,898,143 16,690 David Tesler 3,272,050 642,783 Jonathan Tulkoff 3,271,319 643,514 Kytchener Whyte 3,814,352 100,481”
PIONEER POWER SOLUTIONS, INC. reported the second quarter and six months ended June 30, 2023 results: revenue $12.1 million. Guidance reaffirmed.
“forth by specific reference in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Pioneer Power Increases Revenue 149% during the Second Quarter to a Record $12.1 Million; Gross Profit Increases to $2.7 Million, Achieving a 22% Gross Margin Management Reiterates Guidance of Full Year Revenue of $42 to $45 Million, Full year positive EPS;”
PIONEER POWER SOLUTIONS, INC. reported first quarter ended March 31, 2023 results: revenue $8.5 million, net income $122,000, EPS $0.01 per basic and diluted share. Guidance reaffirmed.
“Financial Highlights for the First Quarter of 2023: ● First quarter revenue increased approximately 34% to $8.5 million, as compared to $6.4 million for the first quarter of 2022. ● Pioneer’s total backlog at March 31, 2023 was $37.0 million, up $13.4 million (or 57%) when compared to $23.6 million at March 31, 2022, and essentially flat compared to Pioneer’s ending backlog at December 31, 2022. ● First quarter gross profit increased significantly to $2.2 million, or a 26.0% gross margin, which is a 1,150 basis point improvement when compared to a gross margin of 14.5%, or gross profit of $923,000, for the first quarter of 2022. ● First quarter total operating income was $55,000, compared to an operating loss of $823,000 in the first quarter of last year. ● First quarter net income was $122,000, or $0.01 per basic and diluted share, compared to a net loss of $740,000, or $(0.08) per basic and diluted share, for the same period last year. ● The Company had cash on hand of $11.6 million”
PIONEER POWER SOLUTIONS, INC. reported the full-year ended December 31, 2022 results: revenue $27.0 million, net income $3.6 million, EPS $(0.37) per share. Guidance initiated.
“Pioneer Power Delivers Quarterly Revenue of $9.5 Million, Up 172% Year-over-Year and 52% Sequentially, Driven by Demand for E-Bloc Solution Full-Year Revenue Up 48% to $27.0 Million, Backlog Grows 63% Year-Over-Year to $37.2 Million; Fourth Quarter Earnings per Share of $0.10; Management Expects Positive EPS for Full-Year of 2023; Company Expects Full Year”
PIONEER POWER SOLUTIONS, INC. reported the fourth quarter ended December 31, 2022 results: revenue $9.5 million, net income $948,000, EPS $0.10 per basic and diluted share. Guidance initiated.
“except as shall be expressly set forth by specific reference in such filing. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Pioneer Power Delivers Quarterly Revenue of $9.5 Million, Up 172% Year-over-Year and 52% Sequentially, Driven by Demand for E-Bloc Solution Full-Year Revenue Up 48% to $27.0 Million, Backlog Grows 63% Year-Over-Year to $37.2 Million;”
PIONEER POWER SOLUTIONS, INC. reported the year ended December 31, 2022 results: revenue more than $27.5 million.
“Based on preliminary and unaudited results, management believes that revenue during the fourth quarter of 2022 exceeded $10.0 million, representing the highest quarterly revenue since the sale of the Company's transformer business units in mid-2019, resulting in estimated full-year 2022 revenue of more than $27.5 million.”
PIONEER POWER SOLUTIONS, INC. shareholders approved Ratification of the appointment of MARCUM, LLP as the Company’s independent registered public accounting firm for the 2022 fiscal year.
“(2) Ratification of the appointment of MARCUM, LLP as the Company’s independent registered public accounting firm for the 2022 fiscal year: Votes For Votes Against Votes Abstaining 5,176,550 42,873 18,325”
PIONEER POWER SOLUTIONS, INC. shareholders approved Election of seven directors to serve on our board of directors to serve until the annual meeting of the stockholders in 2023, or until his or her successors have been duly elected and qualified.
“(1) Election of seven directors to serve on our board of directors to serve until the annual meeting of the stockholders in 2023, or until his or her successors have been duly elected and qualified: Nominee Votes For Votes Withheld Nathan J. Mazurek 3,306,207 71,056 Thomas Klink 3,308,825 68,438 Yossi Cohn 3,299,458 77,805 Ian Ross 3,306,307 70,956 David Tesler 3,082,147 295,116 Jonathan Tulkoff 3,077,288 299,975 Kytchener Whyte 3,306,101 71,162”
PIONEER POWER SOLUTIONS, INC. reported the three months ended September 30, 2022 results: revenue $6.3 million, net income $1.3 million, EPS $(0.13) per basic and diluted share. Guidance reaffirmed.
“record levels since the Company sold its transformer business units three years ago. Financial Highlights for the Third Quarter of 2022: ● Revenue increased approximately 10% to $6.3 million for the three months ended September 30, 2022, as compared to $5.7 million for the three months ended September 30, 2021. Revenue during the third quarter reflected increased”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.