Recent 8-K filings for PPSI

• August 17, 2026, 9:05 AM ET earnings materiality 0.65 neutral item 2.02item 9.01

  Pioneer Power Q2 revenue down 40% to $5.0M, net loss $2.1M; backlog up 32% to $18.4M

  Revenue $5.0M, down 40% YoY from $8.4M; gross margin improved to 19.6% from 15.7%.

• May 18, 2026, 7:50 AM ET other material materiality 0.70 positive item 7.01item 9.01

  Pioneer Power wins $6M PRYMUS award from major logistics customer

  Award for two PRYMUS systems to provide prime power at two transit hubs of one of the largest US package delivery firms.

• May 18, 2026, 7:35 AM ET earnings materiality 0.75 neutral item 2.02item 9.01 ◈ Earnings Releases

  Pioneer Power Q1 revenue falls 37% to $4.3M; gross margin soars to 13.6% from 2.2%; $6M PRYMUS award

  Q1 revenue $4.3M vs $6.7M YoY; gross profit $582K (13.6% margin) vs $148K (2.2%)

• April 8, 2026, 7:59 PM ET earnings materiality 0.75 negative item 2.02item 9.01 ◈ Earnings Releases ×2

  Pioneer Power Q4 revenue drops 42% YoY; FY 2025 revenue up 21% to $27.6M, net loss $6.0M

  Full year 2025 revenue $27.6M, +20.8% YoY; net loss $(6.0)M vs net income $31.9M in 2024.

• February 24, 2026, 6:59 PM ET other material materiality 0.65 positive item 7.01item 9.01

  Pioneer Power receives $1.8M in new orders for EV charging solutions across multiple verticals

  Orders from a top-tier California school district, a top-10 U.S. school district, a Southeastern utility, and Canada's largest airport operator.

• November 13, 2025, 6:59 PM ET earnings materiality 0.65 negative item 2.02item 5.02item 5.07item 9.01

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

  Gross profit fell 58% to $640K; gross margin slipped to 9.3% from 23.7% on unfavorable sales mix.

• August 14, 2025, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

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

  Q2 revenue $8.4M vs $3.4M YoY (+147%); gross profit $1.3M (+105%) but gross margin 15.7% vs 18.9%.

• June 24, 2025, 7:59 PM ET other material materiality 0.75 positive item 7.01item 9.01

  Pioneer Power wins $10M multi-year e-Boost award from largest US CaaS company

  Award valued at approximately $10M; $2M expected in 2025, remainder in 2026-2027.

• May 15, 2025, 7:59 PM ET earnings materiality 0.65 neutral item 2.02item 9.01

  Pioneer Power Q1 revenue up 103% to $6.7M; gross margin 2.2%; reaffirms FY25 guidance

  Revenue $6.7M (+103% YoY); gross profit $0.1M, margin 2.2% vs 16.1%.

• April 15, 2025, 7:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01

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

  Revenue $22.9M, up 106% YoY; net income $31.9M vs loss $1.9M; diluted EPS $2.90.

• February 19, 2025, 6:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Pioneer Power Q4 revenue $9.8M (+265% YoY); full-year Critical Power revenue $22.9M (+106%)

  Q4 gross profit $2.8M (29% margin) vs $610K (23%) YoY; operating income ex-items $1.5M vs loss of $66K.

• November 20, 2024, 6:59 PM ET other material materiality 0.70 negative item 2.02item 4.01item 9.01 ◈ Auditor Changes

  Pioneer Power dismisses auditor Marcum, cites material weaknesses; Q3 earnings call held

  Audit committee dismissed Marcum LLP as independent auditor effective Nov 14, 2024.

• November 14, 2024, 6:59 PM ET earnings materiality 0.75 neutral item 2.02item 8.01item 9.01

  Pioneer Power Q3 net loss $1.1M; Critical Power revenue +130%; declares special dividend $1.50

  Net loss of $1.1M ($0.10 per share) vs net income of $1.0M ($0.10 per share) in Q3 2023.

• November 4, 2024, 6:59 PM ET M&A materiality 0.75 neutral item 1.01item 2.01item 9.01 ◈ M&A Transactions

  Pioneer Power sells Pioneer Custom Electrical Products for $48M cash plus $2M equity

  Total consideration $50M ($48M cash + $2M equity units in buyer's entity); transaction closed Oct 29, 2024.

• October 30, 2024, 7:59 PM ET M&A materiality 0.75 positive item 7.01item 9.01

  Pioneer Power sells PCEP business to Mill Point for $50M total consideration

  Total consideration $50M: $48M cash, $2M equity, and assumption of certain liabilities.

• June 6, 2024, 7:59 PM ET other material materiality 0.85 negative item 4.02

  Pioneer Power Solutions to restate 2022 and 2023 financials due to revenue recognition errors

  Audit Committee concluded FY2022 and Q1 2022–Q3 2023 financials should no longer be relied upon.

• May 30, 2024, 7:59 PM ET regulatory materiality 0.60 negative item 3.01item 8.01item 9.01

  Pioneer Power receives Nasdaq delinquency notice for late 10-Q; still delinquent on 10-K

  Received 10-Q Notice from Nasdaq on May 24, 2024 for failure to timely file Q1 2024 Form 10-Q.

• April 23, 2024, 7:59 PM ET regulatory materiality 0.65 negative item 3.01item 8.01item 9.01 ◈ Listing & Compliance Notices

  Pioneer Power receives Nasdaq non-compliance notice for delayed 10-K; expects to file soon

  Received Nasdaq notice on Apr 18, 2024 for failing to timely file 2023 Form 10-K, violating Listing Rule 5250(c)(1).

• April 1, 2024, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Pioneer Power reports FY2023 revenue up 51% to $40.8M, net income $138K; guides FY2024 revenue $52-54M

  FY2023 revenue $40.8M (+51% YoY); gross margin 25.5% vs 17.1%; net income $138K vs loss of $3.6M.

• November 14, 2023, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01 ◈ Earnings Releases

  Pioneer Power Q3 revenue record $12.4M (+99%), EPS $0.10 vs -$0.13, guidance $42-45M

  Q3 revenue $12.4M (+99% YoY); gross profit $3.7M (29.8% margin) vs $0.9M (13.8%).

• September 5, 2023, 7:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Pioneer Power receives $7M in purchase orders for E-Bloc and related equipment in August

  Purchase orders totaling $7 million for E-Bloc distributed generation and custom control equipment received in August.

• August 14, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases

  Pioneer Power Q2 revenue record $12.1M, up 149% YoY; gross margin expands to 22.4%

  Revenue $12.1M (record), up 149% YoY from $4.9M; T&D Solutions revenue up 263%.

• May 15, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases

  Pioneer Power Q1 revenue up 34% to $8.5M; net income $0.01 EPS vs loss $0.08

  Revenue $8.5M (+34% YoY); net income $122k ($0.01 EPS) vs net loss $740k ($0.08) in Q1 2022.

• March 30, 2023, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01 ◈ Earnings Releases ×2

  Pioneer Power Q4 revenue $9.5M (+172% YoY); guides FY2023 revenue $42-45M, positive EPS

  Q4 revenue $9.5M, up 172% YoY and 52% sequentially.

• February 8, 2023, 6:59 PM ET earnings materiality 0.70 positive item 2.02item 9.01 ◈ Earnings Releases

  Pioneer Power expects FY 2022 revenue > $27.5M, exceeding 50% YoY growth target

  Preliminary Q4 2022 revenue exceeded $10M, highest since transformer division sale in mid-2019.

• December 28, 2022, 6:59 PM ET other material materiality 0.75 positive item 2.02item 7.01item 9.01

  Pioneer Power receives $6.2M in full payment of notes from 2019 transformer sale; cash on hand now $11M

  Received $6.2M cash on Dec 15, 2022 as full payment of two subordinated promissory notes totaling principal plus 4% interest from 2019 sale of transformer business.

• November 14, 2022, 6:59 PM ET earnings materiality 0.70 neutral item 2.02item 9.01 ◈ Earnings Releases

  Pioneer Power Q3 revenue up 10% to $6.3M; E-Bloc sales surge 79%; backlog record $27.9M

  Revenue $6.3M (+10% YoY); E-Bloc revenue $3.4M (+79% YoY); net loss $1.3M ($0.13/share) vs $434K loss last year.

• October 12, 2022, 7:59 PM ET other material materiality 0.70 positive item 7.01item 9.01

  Pioneer Power awarded $8M purchase order from global automaker for E-Bloc solution

  One of the world's largest automakers placed $8M order for E-Bloc, for a new EV campus.

• August 15, 2022, 7:59 PM ET earnings materiality 0.65 negative item 2.02item 9.01

  Pioneer Power Q2 revenue down 24% to $4.3M; backlog up 98% YoY to $25.2M

  Net loss of $2.5M ($0.26/share) vs. $686K loss a year ago; includes $658K non-cash stock compensation.

• June 8, 2022, 7:59 PM ET other material materiality 0.65 neutral item 1.02item 9.01

  Pioneer Power terminates exclusive distribution deal with CleanSpark; assumes $1.1M collection role

  Open purchase orders total $1,338,810; Pioneer releases CleanSpark from $565,609 future amounts and $253,059 accounts payable.

• May 16, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Pioneer Power Q1 revenue up 72% to $6.0M; backlog hits $24M

  Revenue increased 72% to $6.0M; gross profit up 450% to $875,000 (14.5% margin).

• April 25, 2022, 7:59 PM ET other material materiality 0.60 neutral item 4.01item 9.01

  Pioneer Power dismisses BDO USA LLP as auditor, no disagreements

  Effective April 25, 2022, Pioneer Power's Audit Committee dismissed BDO USA LLP as independent auditor.

• March 31, 2022, 7:59 PM ET earnings materiality 0.75 neutral item 2.02item 9.01

  Pioneer Power Q4 revenue down 35% with net loss $1.4M; backlog doubles to $22.8M; guides 50%+ revenue growth in 2022

  Q4 2021 revenue $3.5M (-35% YoY); net loss $1.4M ($0.16/shr) vs $744k loss prior year.

• January 31, 2022, 6:59 PM ET other material materiality 0.60 positive item 7.01item 9.01

  Pioneer Power receives $788K purchase order for E-Boost mobile EV charging from Native American casino

  $788K PO from Native American hotel & casino in Minnesota for E-Boost Mobile EV charger, delivery Q1 2022.

• December 21, 2021, 6:59 PM ET other material materiality 0.80 positive item 7.01item 9.01

  Pioneer Power Secures $12M E-Bloc Order from Major Mass Merchandiser; Sees Revenue Doubling in 2022

  Order valued at ~$12M for 62 E-Bloc units; expected to double T&D Solutions sales in 2022.

Earnings & guidance

Materiality & sentiment trend

Max materiality 0.85 · Median 0.68 · Most common event other_material

20 positive 8 negative 22 neutral

source · PPSI on sec.gov