Pioneer Power Solutions (PPSI) Gross Margin (2010 - 2026)
Pioneer Power Solutions' (PPSI) quarterly Gross Margin came in at 13.64% in Q1 2026, up 1145.0% year-over-year from 1.1% in Q1 2025, and down 42.0% quarter-over-quarter from 23.52% in Q4 2025.
Analysis
Pioneer Power Solutions (PPSI) Gross Margin (2010 - 2026) Analysis & Trends
Pioneer Power Solutions has disclosed Gross Margin across 17 years of filings, most recently posting 13.64% for Q1 2026.
- In Q1 2026, Gross Margin rose 1145.0% year-over-year to 13.64%; the TTM figure through Mar 2026 stood at 15.35% (down 415.0% YoY), while the FY2025 annual figure was 12.4%, down 1170.0% from the prior year.
- Gross Margin came in at 13.64% for Q1 2026 at Pioneer Power Solutions, down from 23.52% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 36.91% in Q4 2023 to a low of 25.47% in Q2 2022.
- Average Gross Margin over 5 years is 18.25%, with a median of 23.52% recorded in 2025.
- Year-over-year, Gross Margin plunged 3427 bps in 2022 and jumped 5704 bps in 2023.
- Over 5 years, Gross Margin stood at 33.2% in 2022, then rose by 11 bps to 36.91% in 2023, then declined by 22 bps to 28.87% in 2024, then declined by 19 bps to 23.52% in 2025, then plunged by 42 bps to 13.64% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 13.64% in Q1 2026, 23.52% in Q4 2025, and 9.29% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 739.53 Mn | 728.18 Mn | - | - |
| 2 | Ads-Tec Energy Public | 647.97 Mn | 647.97 Mn | -18.95 Mn | -51.60% |
| 3 | Wallbox | 499.33 Mn | 488.18 Mn | - | - |
| 4 | ChargePoint Holdings | 231.87 Mn | 136.14 Mn | 42.30 Mn | 36.44% |
| 5 | EVgo | 189.05 Mn | 5.55 Mn | 7.34 Mn | 8.88% |
| 6 | Ozop Energy Solutions | 100.69 Mn | 100.42 Mn | - | - |
| 7 | Blink Charging | 78.55 Mn | 44.55 Mn | 8.44 Mn | 38.95% |
| 8 | Pioneer Power Solutions | 33.01 Mn | 22.34 Mn | - | - |
| 9 | Beam Global | 30.42 Mn | 29.40 Mn | 1.53 Mn | 17.83% |
| 10 | Xchg | 11.08 Mn | -11,385.37 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 13.64% |
| Dec 31, 2025 | 23.52% |
| Sep 30, 2025 | 9.29% |
| Jun 30, 2025 | 15.70% |
| Mar 31, 2025 | 2.20% |
| Dec 31, 2024 | 28.87% |
| Sep 30, 2024 | 23.72% |
| Jun 30, 2024 | 18.88% |
| Mar 31, 2024 | 16.14% |
| Dec 31, 2023 | 36.91% |
| Sep 30, 2023 | 32.29% |
| Jun 30, 2023 | 31.57% |
| Mar 31, 2023 | 29.65% |
| Dec 31, 2022 | 33.20% |
| Sep 30, 2022 | 34.13% |
| Jun 30, 2022 | -25.47% |
| Mar 31, 2022 | -14.01% |
| Dec 31, 2021 | 0.71% |
| Sep 30, 2021 | 12.54% |
| Jun 30, 2021 | 8.80% |