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% on a QoQ basis from $2.4 million in Q4 2025.
Pioneer Power Solutions (PPSI) has 17 years of Operating Expenses data on file, last reported at $2.6 million in Q1 2026.
- Quarterly Operating Expenses rose 4.33% year-over-year to $2.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.1 million (down 7.89% YoY) and the FY2025 annual result came in at $10.0 million, down 6.89% from the prior year.
- Operating Expenses rose to $2.6 million in Q1 2026 per PPSI's latest filing, from $2.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $3.9 million in Q4 2024 and bottomed at $1.3 million in Q4 2023.
- The 5-year median for Operating Expenses is $2.4 million (2024), against an average of $2.4 million.
- The widest annual swing landed in 2024, when Operating Expenses jumped 209.63%; it then sank 37.85% in 2025.
- Tracing PPSI's Operating Expenses over 5 years: stood at $2.0 million in 2022, then tumbled by 37.2% to $1.3 million in 2023, then jumped by 209.63% to $3.9 million in 2024, then plunged by 37.85% to $2.4 million in 2025, then grew by 7.65% to $2.6 million in 2026.
- Per Business Quant, the three latest PPSI Operating Expenses figures stand at $2.6 million (Q1 2026), $2.4 million (Q4 2025), and $2.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 451.80 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 153.35 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 249.90 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 241.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 132.60 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 30.13 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 387.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 19.72 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 87.88 Mn |
| 10 | Pioneer Power Solutions | 57.81 Mn | 44.23 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 |
| Mar 31, 2021 | 1.27 Mn |
| Dec 31, 2020 | 1.16 Mn |
| Sep 30, 2020 | 1.19 Mn |
| Jun 30, 2020 | 887,000.00 |
| Mar 31, 2020 | 1.92 Mn |
| Dec 31, 2019 | 5.31 Mn |
| Sep 30, 2019 | 3.84 Mn |
| Jun 30, 2019 | 2.07 Mn |
| Mar 31, 2019 | 3.51 Mn |
| Dec 31, 2018 | 15.34 Mn |
| Sep 30, 2018 | 1.76 Mn |
| Jun 30, 2018 | 1.75 Mn |
| Mar 31, 2018 | 4.90 Mn |
| Dec 31, 2017 | 8.69 Mn |
| Sep 30, 2017 | 3.96 Mn |
| Jun 30, 2017 | 3.98 Mn |
| Mar 31, 2017 | 4.43 Mn |
| Dec 31, 2016 | 3.63 Mn |
| Sep 30, 2016 | 5.31 Mn |
| Jun 30, 2016 | 4.88 Mn |
| Mar 31, 2016 | 4.77 Mn |
| Dec 31, 2015 | 6.96 Mn |
| Sep 30, 2015 | 8.37 Mn |
| Jun 30, 2015 | 5.76 Mn |
| Mar 31, 2015 | 5.65 Mn |
| Dec 31, 2014 | 4.98 Mn |
| Sep 30, 2014 | 3.90 Mn |
| Jun 30, 2014 | 3.62 Mn |
| Mar 31, 2014 | 3.93 Mn |
| Dec 31, 2013 | 3.93 Mn |
| Sep 30, 2013 | 3.61 Mn |
| Jun 30, 2013 | 3.52 Mn |
| Mar 31, 2013 | 3.58 Mn |
| Dec 31, 2012 | 3.47 Mn |
| Sep 30, 2012 | 3.06 Mn |
| Jun 30, 2012 | 3.30 Mn |
| Mar 31, 2012 | 3.17 Mn |
| Dec 31, 2011 | 3.24 Mn |
| Sep 30, 2011 | 2.94 Mn |
| Jun 30, 2011 | 2.51 Mn |
| Mar 31, 2011 | 2.57 Mn |
| Dec 31, 2010 | 2.60 Mn |
| Sep 30, 2010 | 1.91 Mn |
| Jun 30, 2010 | 1.84 Mn |