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
DateValue
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