Pioneer Power Solutions (PPSI) Cost of Revenue (2010 - 2026)
Pioneer Power Solutions (PPSI) reported Cost of Revenue of $3.7 million for Q1 2026, down 44.11% year-over-year from $6.6 million in Q1 2025, and down 14.43% quarter-over-quarter from $4.3 million in Q4 2025.
Pioneer Power Solutions (PPSI) Cost of Revenue (2010 - 2026) Analysis & Trends
Pioneer Power Solutions (PPSI) has 17 years of Cost of Revenue data on file, last reported at $3.7 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $3.7 million, down 44.11% year-over-year; the trailing twelve-month figure through Mar 2026 was $21.3 million (up 0.55% YoY), and the FY2025 annual result was $24.2 million, up 39.37% from the prior year.
- Cost of Revenue slipped to $3.7 million in Q1 2026 per PPSI's latest filing, from $4.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $8.4 million in Q2 2023 and troughed at -$14.0 million in Q4 2023.
- A 5-year average of $4.5 million and a median of $6.1 million in 2022 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue plunged 351.0% in 2023, then soared 156.21% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $5.6 million in 2022, then sank by 351.0% to -$14.0 million in 2023, then surged by 149.58% to $6.9 million in 2024, then slumped by 37.94% to $4.3 million in 2025, then dropped by 14.43% to $3.7 million in 2026.
- Business Quant data shows PPSI's Cost of Revenue at $3.7 million in Q1 2026, $4.3 million in Q4 2025, and $6.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 1.65 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 525.51 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 796.40 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 1.01 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 310.10 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 208.68 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 28.04 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 535.30 Mn |
| 10 | Pioneer Power Solutions | 49.82 Mn | 36.24 Mn | 582,000.00 | 3.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.68 Mn |
| Mar 31, 2026 | 3.68 Mn |
| Dec 31, 2025 | 4.31 Mn |
| Dec 31, 2025 | 4.31 Mn |
| Sep 30, 2025 | 6.25 Mn |
| Sep 30, 2025 | 6.25 Mn |
| Jun 30, 2025 | 7.06 Mn |
| Jun 30, 2025 | 7.06 Mn |
| Mar 31, 2025 | 6.59 Mn |
| Mar 31, 2025 | 6.59 Mn |
| Dec 31, 2024 | 6.94 Mn |
| Dec 31, 2024 | 6.94 Mn |
| Sep 30, 2024 | 4.89 Mn |
| Sep 30, 2024 | 4.89 Mn |
| Jun 30, 2024 | 2.75 Mn |
| Jun 30, 2024 | 2.75 Mn |
| Mar 31, 2024 | 2.78 Mn |
| Mar 31, 2024 | 2.78 Mn |
| Dec 31, 2023 | -13.99 Mn |
| Dec 31, 2023 | -13.99 Mn |