Pioneer Power Solutions (PPSI) Operating Expenses (2010 - 2026)
Pioneer Power Solutions (PPSI) reported Operating Expenses of $2.6 million for Q1 2026, up 4.33% year-over-year from $2.5 million in Q1 2025, and up 7.65% quarter-over-quarter from $2.4 million in Q4 2025.
Pioneer Power Solutions (PPSI) Operating Expenses (2010 - 2026) Analysis & Trends
Pioneer Power Solutions (PPSI) has 17 years of Operating Expenses data on file, last reported at $2.6 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $2.6 million, up 4.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.1 million (down 7.89% YoY), and the FY2025 annual result was $10.0 million, down 6.89% from the prior year.
- Operating Expenses improved to $2.6 million in Q1 2026 per PPSI's latest filing, from $2.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $3.9 million in Q4 2024 and troughed at $1.3 million in Q4 2023.
- A 5-year average of $2.4 million and a median of $2.4 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 209.63% in 2024, then tumbled 37.85% in 2025.
- A 5-year view of Operating Expenses shows it stood at $2.0 million in 2022, then sank by 37.2% to $1.3 million in 2023, then soared by 209.63% to $3.9 million in 2024, then slumped by 37.85% to $2.4 million in 2025, then rose by 7.65% to $2.6 million in 2026.
- Business Quant data shows PPSI's Operating Expenses at $2.6 million in Q1 2026, $2.4 million in Q4 2025, and $2.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 153.35 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 249.90 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 241.50 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 30.13 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 16.90 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 387.40 Mn |
| 10 | Pioneer Power Solutions | 49.82 Mn | 36.24 Mn | 582,000.00 | 2.60 Mn |
Historic Data
Download 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 |