Pioneer Power Solutions (PPSI) Operating Expenses (2010 - 2026)
Pioneer Power Solutions' Operating Expenses came in at $2.6 million for Q1 2026, up 4.3% from $2.49 million a year earlier and up 7.7% from the prior quarter.
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Analysis
Pioneer Power Solutions (PPSI) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Pioneer Power Solutions reported Operating Expenses of $10.13 million, down 7.9% year-over-year; for FY2025, it came in at $10.02 million, down 6.9% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $10.76 million in FY2024 (+16.2%), $9.26 million in FY2023 (+7.2%), $8.64 million in FY2022 (+64.3%) and $5.26 million in FY2021 (+1.7%).
- The five-year range for quarterly Operating Expenses is $1.23 million (Q3 2021) to $3.89 million (Q4 2024).
- Year-over-year, Operating Expenses increased in four of the last eight quarters, with growth averaging 20.6%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2024 (growth of 209.6%), and the weakest in Q4 2025 (a decline of 37.9%).
- Business Quant data shows PPSI's Operating Expenses at $2.42 million (Q4 2025), $2.09 million (Q3 2025) and $3.02 million (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn | 173.34 Mn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn | 154.62 Mn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn | 811.92 Mn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn | 144.95 Mn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn | 311.38 Mn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 151.24 Mn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn | 123.50 Mn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 115.20 Mn |
| 10 | Pioneer Power Solutions | 31.07 Mn | -25.48 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.60 Mn |
| Dec 31, 2025 | 2.42 Mn |
| Sep 30, 2025 | 2.09 Mn |
| Jun 30, 2025 | 3.02 Mn |
| Mar 31, 2025 | 2.49 Mn |
| Dec 31, 2024 | 3.89 Mn |
| Sep 30, 2024 | 2.24 Mn |
| Jun 30, 2024 | 2.38 Mn |
| Mar 31, 2024 | 2.26 Mn |
| Dec 31, 2023 | 1.26 Mn |
| Sep 30, 2023 | 2.76 Mn |
| Jun 30, 2023 | 3.09 Mn |
| Mar 31, 2023 | 2.16 Mn |
| Dec 31, 2022 | 2.00 Mn |
| Sep 30, 2022 | 2.31 Mn |
| Jun 30, 2022 | 2.59 Mn |
| Mar 31, 2022 | 1.75 Mn |
| Dec 31, 2021 | 1.52 Mn |
| Sep 30, 2021 | 1.23 Mn |
| Jun 30, 2021 | 1.24 Mn |
API Access
Pioneer Power Solutions Operating Expenses 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=operating-expenses&ticker=PPSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=PPSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();