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% on a QoQ basis from $4.3 million in Q4 2025.
Pioneer Power Solutions (PPSI) has 17 years of Cost of Revenue data on file, last reported at $3.7 million in Q1 2026.
- Quarterly Cost of Revenue fell 44.11% year-over-year to $3.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $21.3 million (up 0.55% YoY) and the FY2025 annual result came in at $24.2 million, up 39.37% from the prior year.
- Cost of Revenue eased to $3.7 million in Q1 2026 per PPSI's latest filing, from $4.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $8.4 million in Q2 2023 and bottomed at -$14.0 million in Q4 2023.
- The 5-year median for Cost of Revenue is $6.1 million (2022), against an average of $4.5 million.
- The widest annual swing landed in 2023, when Cost of Revenue slumped 351.0%; it then jumped 156.21% in 2025.
- Tracing PPSI's Cost of Revenue over 5 years: stood at $5.6 million in 2022, then tumbled by 351.0% to -$14.0 million in 2023, then soared by 149.58% to $6.9 million in 2024, then plunged by 37.94% to $4.3 million in 2025, then decreased by 14.43% to $3.7 million in 2026.
- Per Business Quant, the three latest PPSI Cost of Revenue figures stand at $3.7 million (Q1 2026), $4.3 million (Q4 2025), and $6.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 1.65 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 525.51 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 796.40 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 1.01 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 310.10 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 208.68 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 535.30 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 398.41 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 185.12 Mn |
| 10 | Pioneer Power Solutions | 57.81 Mn | 44.23 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 |
| Sep 30, 2023 | 7.76 Mn |
| Sep 30, 2023 | 7.76 Mn |
| Jun 30, 2023 | 8.40 Mn |
| Jun 30, 2023 | 8.40 Mn |
| Mar 31, 2023 | 6.72 Mn |
| Mar 31, 2023 | 6.72 Mn |
| Dec 31, 2022 | 5.57 Mn |
| Dec 31, 2022 | 5.57 Mn |
| Sep 30, 2022 | 4.20 Mn |
| Sep 30, 2022 | 4.20 Mn |
| Jun 30, 2022 | 6.06 Mn |
| Jun 30, 2022 | 6.06 Mn |
| Mar 31, 2022 | 7.23 Mn |
| Mar 31, 2022 | 7.23 Mn |
| Dec 31, 2021 | 3.47 Mn |
| Dec 31, 2021 | 3.47 Mn |
| Sep 30, 2021 | 4.97 Mn |
| Sep 30, 2021 | 4.97 Mn |
| Jun 30, 2021 | 5.13 Mn |
| Jun 30, 2021 | 5.13 Mn |
| Mar 31, 2021 | 3.34 Mn |
| Mar 31, 2021 | 3.34 Mn |
| Dec 31, 2020 | 5.09 Mn |
| Dec 31, 2020 | 5.09 Mn |
| Sep 30, 2020 | 3.31 Mn |
| Sep 30, 2020 | 3.31 Mn |
| Jun 30, 2020 | 5.38 Mn |
| Jun 30, 2020 | 5.38 Mn |
| Mar 31, 2020 | 4.82 Mn |
| Mar 31, 2020 | 4.82 Mn |
| Dec 31, 2019 | 6.50 Mn |
| Dec 31, 2019 | 6.50 Mn |
| Sep 30, 2019 | 5.31 Mn |
| Sep 30, 2019 | 5.31 Mn |
| Jun 30, 2019 | 4.84 Mn |
| Jun 30, 2019 | 4.84 Mn |
| Mar 31, 2019 | 20.60 Mn |
| Mar 31, 2019 | 20.60 Mn |
| Dec 31, 2018 | 74.37 Mn |
| Dec 31, 2018 | 74.37 Mn |
| Sep 30, 2018 | 3.97 Mn |
| Sep 30, 2018 | 3.97 Mn |
| Jun 30, 2018 | 3.68 Mn |
| Jun 30, 2018 | 3.68 Mn |
| Mar 31, 2018 | 21.99 Mn |
| Mar 31, 2018 | 21.99 Mn |
| Dec 31, 2017 | 36.09 Mn |
| Dec 31, 2017 | 36.09 Mn |
| Sep 30, 2017 | 20.48 Mn |
| Sep 30, 2017 | 20.48 Mn |
| Jun 30, 2017 | 21.46 Mn |
| Jun 30, 2017 | 21.46 Mn |
| Mar 31, 2017 | 19.49 Mn |
| Mar 31, 2017 | 19.49 Mn |
| Dec 31, 2016 | 10.24 Mn |
| Dec 31, 2016 | 10.24 Mn |
| Sep 30, 2016 | 22.87 Mn |
| Sep 30, 2016 | 22.87 Mn |
| Jun 30, 2016 | 23.66 Mn |
| Jun 30, 2016 | 23.66 Mn |
| Mar 31, 2016 | 20.71 Mn |
| Mar 31, 2016 | 20.71 Mn |
| Dec 31, 2015 | 20.49 Mn |
| Dec 31, 2015 | 20.49 Mn |
| Sep 30, 2015 | 19.89 Mn |
| Sep 30, 2015 | 19.89 Mn |
| Jun 30, 2015 | 21.39 Mn |
| Jun 30, 2015 | 21.39 Mn |
| Mar 31, 2015 | 23.32 Mn |
| Mar 31, 2015 | 23.32 Mn |
| Dec 31, 2014 | 21.77 Mn |
| Dec 31, 2014 | 21.77 Mn |
| Sep 30, 2014 | 19.40 Mn |
| Sep 30, 2014 | 19.40 Mn |
| Jun 30, 2014 | 16.88 Mn |
| Jun 30, 2014 | 16.88 Mn |
| Mar 31, 2014 | 15.97 Mn |
| Mar 31, 2014 | 15.97 Mn |
| Dec 31, 2013 | 15.96 Mn |
| Dec 31, 2013 | 15.96 Mn |
| Sep 30, 2013 | 16.55 Mn |
| Sep 30, 2013 | 16.55 Mn |
| Jun 30, 2013 | 16.42 Mn |
| Jun 30, 2013 | 16.42 Mn |
| Mar 31, 2013 | 17.47 Mn |
| Mar 31, 2013 | 17.47 Mn |
| Dec 31, 2012 | 17.23 Mn |
| Dec 31, 2012 | 17.23 Mn |
| Sep 30, 2012 | 15.01 Mn |
| Sep 30, 2012 | 15.01 Mn |
| Jun 30, 2012 | 17.06 Mn |
| Jun 30, 2012 | 17.06 Mn |
| Mar 31, 2012 | 15.73 Mn |
| Mar 31, 2012 | 15.73 Mn |
| Dec 31, 2011 | 14.44 Mn |
| Dec 31, 2011 | 14.44 Mn |
| Sep 30, 2011 | 14.11 Mn |
| Sep 30, 2011 | 14.11 Mn |
| Jun 30, 2011 | 12.86 Mn |
| Jun 30, 2011 | 12.86 Mn |
| Mar 31, 2011 | 11.41 Mn |
| Mar 31, 2011 | 11.41 Mn |
| Dec 31, 2010 | 9.06 Mn |
| Dec 31, 2010 | 9.06 Mn |
| Sep 30, 2010 | 10.77 Mn |
| Sep 30, 2010 | 10.77 Mn |
| Jun 30, 2010 | 9.37 Mn |
| Jun 30, 2010 | 9.37 Mn |