Pioneer Power Solutions (PPSI) Operating Margin (2010 - 2026)

Pioneer Power Solutions (PPSI) reported Operating Margin of 47.35% for Q1 2026, down 1254.0% on a YoY basis from 4.1% in Q1 2025, and down 143.86% sequentially from 19.42% in Q4 2025.

Pioneer Power Solutions (PPSI) Operating Margin (2010 - 2026) Analysis & Trends

Pioneer Power Solutions (PPSI) has 17 years of Operating Margin data on file, last reported at 47.35% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 1254.0% year-over-year to 47.35%; the trailing twelve-month figure through Mar 2026 stood at 24.92% (down 261.0% YoY), and the FY2025 full-year result was 23.87%, down 93.0% from the prior year.
  • Operating Margin fell to 47.35% in Q1 2026, from 19.42% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 42.57% in Q4 2023 to a low of 79.03% in Q2 2022.
  • A 5-year average of 18.67% and a median of 19.42% in 2025 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin sank 6579 bps in 2022 and jumped 8545 bps in 2023, its largest moves.
  • Tracing PPSI's Operating Margin over 5 years: stood at 9.23% in 2022, then surged by 361 bps to 42.57% in 2023, then tumbled by 126 bps to 11.0% in 2024, then slumped by 76 bps to 19.42% in 2025, then plunged by 144 bps to 47.35% in 2026.
  • Business Quant data shows PPSI's Operating Margin at 47.35% in Q1 2026, 19.42% in Q4 2025, and 21.01% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 12.10%
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 16.61%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 9.61%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 17.39%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 15.76%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 13.37%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 16.14%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 19.41%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 12.52%
10 Pioneer Power Solutions 34.51 Mn 20.93 Mn 582,000.00 -47.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 -47.35%
Dec 31, 2025 -19.42%
Sep 30, 2025 -21.01%
Jun 30, 2025 -20.41%
Mar 31, 2025 -34.81%
Dec 31, 2024 -11.00%
Sep 30, 2024 -11.13%
Jun 30, 2024 -51.10%
Mar 31, 2024 -52.07%
Dec 31, 2023 42.57%
Sep 30, 2023 8.21%
Jun 30, 2023 6.42%
Mar 31, 2023 7.06%
Dec 31, 2022 9.23%
Sep 30, 2022 -2.06%
Jun 30, 2022 -79.03%
Mar 31, 2022 -41.55%
Dec 31, 2021 -42.65%
Sep 30, 2021 -9.11%
Jun 30, 2021 -13.24%