Pioneer Power Solutions (PPSI) Gross Margin (2010 - 2026)
Pioneer Power Solutions (PPSI) reported Gross Margin of 13.64% for Q1 2026, up 1145.0% on a YoY basis from 1.1% in Q1 2025, and down 42.0% sequentially from 23.52% in Q4 2025.
Pioneer Power Solutions (PPSI) Gross Margin (2010 - 2026) Analysis & Trends
Pioneer Power Solutions (PPSI) has 17 years of Gross Margin data on file, last reported at 13.64% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 1145.0% year-over-year to 13.64%; the trailing twelve-month figure through Mar 2026 stood at 15.35% (up 754.0% YoY), and the FY2025 full-year result was 12.4%, up 173.0% from the prior year.
- Gross Margin slipped to 13.64% in Q1 2026, 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.
- A 5-year average of 16.4% and a median of 18.88% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 5704 bps in 2023 and plunged 3954 bps in 2024, its largest moves.
- Tracing PPSI's Gross Margin over 5 years: stood at 33.2% in 2022, then increased by 11 bps to 36.91% in 2023, then tumbled by 107 bps to 2.64% in 2024, then soared by 993 bps to 23.52% in 2025, then tumbled by 42 bps to 13.64% in 2026.
- Business Quant data shows PPSI's Gross Margin at 13.64% in Q1 2026, 23.52% in Q4 2025, and 9.29% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 33.45% |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 30.03% |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 33.32% |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 35.88% |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 39.32% |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 50.62% |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 29.65% |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 29.44% |
| 10 | Pioneer Power Solutions | 34.51 Mn | 20.93 Mn | 582,000.00 | 13.64% |
Historic Data
Download 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 | -2.64% |
| 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% |