Pioneer Power Solutions (PPSI) Cost of Revenue (2010 - 2026)
Pioneer Power Solutions' Cost of Revenue came in at $3.68 million for Q1 2026, down 44.1% from $6.59 million a year earlier and down 14.4% from the prior quarter.
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Analysis
Pioneer Power Solutions (PPSI) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Pioneer Power Solutions reported Cost of Revenue of $21.29 million, up 0.5% year-over-year; for FY2025, it was $24.2 million, up 39.4% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $17.37 million in FY2024 (+95.3%), $8.89 million in FY2023 (-61.4%), $23.05 million in FY2022 (+36.3%) and $16.92 million in FY2021 (-9.1%).
- The Q1 2026 figure represents the lowest quarterly Cost of Revenue since Q2 2024.
- Year-over-year, Cost of Revenue increased in three of the last seven quarters, with growth averaging 19.3%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q2 2025 (growth of 156.2%), and the weakest in Q2 2024 (a decline of 67.2%).
- Business Quant data shows PPSI's Cost of Revenue at $4.31 million (Q4 2025), $6.25 million (Q3 2025) and $7.06 million (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 216.95 Bn | 178.02 Bn | 2.36 Bn | 8.74 Bn |
| 2 | Bloom Energy | 57.07 Bn | 47.00 Bn | 417.10 Mn | 818.73 Mn |
| 3 | First Solar | 18.48 Bn | 9.43 Bn | 605.00 Mn | 451.19 Mn |
| 4 | Nextpower | 11.96 Bn | 7.86 Bn | 335.85 Mn | 599.32 Mn |
| 5 | BWX Technologies | 11.65 Bn | 9.95 Bn | 202.31 Mn | 699.32 Mn |
| 6 | Generac Holdings | 11.03 Bn | 9.86 Bn | 521.81 Mn | 651.70 Mn |
| 7 | EnerSys | 6.03 Bn | 4.22 Bn | 313.36 Mn | 622.28 Mn |
| 8 | Enphase Energy | 4.18 Bn | -683.79 Mn | 175.01 Mn | 116.84 Mn |
| 9 | Mirion Technologies | 3.62 Bn | 1.51 Bn | 133.10 Mn | 133.70 Mn |
| 10 | Pioneer Power Solutions | 27.19 Mn | -29.36 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.68 Mn |
| Dec 31, 2025 | 4.31 Mn |
| Sep 30, 2025 | 6.25 Mn |
| Jun 30, 2025 | 7.06 Mn |
| Mar 31, 2025 | 6.59 Mn |
| Dec 31, 2024 | 6.94 Mn |
| Sep 30, 2024 | 4.89 Mn |
| Jun 30, 2024 | 2.75 Mn |
| Mar 31, 2024 | 2.78 Mn |
| Dec 31, 2023 | -13.99 Mn |
| Sep 30, 2023 | 7.76 Mn |
| Jun 30, 2023 | 8.40 Mn |
| Mar 31, 2023 | 6.72 Mn |
| Dec 31, 2022 | 5.57 Mn |
| Sep 30, 2022 | 4.20 Mn |
| Jun 30, 2022 | 6.06 Mn |
| Mar 31, 2022 | 7.23 Mn |
| Dec 31, 2021 | 3.47 Mn |
| Sep 30, 2021 | 4.97 Mn |
| Jun 30, 2021 | 5.13 Mn |
API Access
Pioneer Power Solutions Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PPSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "PPSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=PPSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();