Pioneer Power Solutions (PPSI) Operating Margin (2010 - 2026)
Pioneer Power Solutions (PPSI) reported Operating Margin of -47.35% for Q1 2026, down 12.54 percentage points from -34.81% a year earlier and down 27.93 percentage points from the prior quarter.
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Analysis
Pioneer Power Solutions (PPSI) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Pioneer Power Solutions' Operating Margin came in at -24.92%, down 2.61 percentage points year-over-year; for FY2025, it was -23.87%, down 0.93 percentage points from FY2024.
- Operating Margin has a five-year change of -1.89 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at -22.94% in FY2024 (+40.35 pp), -63.29% in FY2023 (-40.84 pp), -22.45% in FY2022 (-1.36 pp) and -21.09% in FY2021 (+0.89 pp).
- The Q1 2026 figure ranks as the lowest quarterly Operating Margin since Q2 2024.
- Year over year, Operating Margin has now declined in each of the last three quarters, with an average year-over-year change of -8.54 percentage points over the last seven quarters.
- The high point for year-over-year Operating Margin in five years was Q2 2023 (a gain of 85.45 percentage points); the low point was Q2 2022 (a drop of 65.79 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at -19.42% (Q4 2025), -21.01% (Q3 2025) and -20.41% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 239.19 Bn | 199.11 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 64.05 Bn | 55.85 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 42.64% |
| 4 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 12.66% |
| 5 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 20.41% |
| 6 | Generac Holdings | 11.50 Bn | 10.33 Bn | 521.81 Mn | 17.93% |
| 7 | EnerSys | 6.25 Bn | 4.44 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.22 Bn | -642.91 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.74 Bn | 1.58 Bn | 133.10 Mn | 6.71% |
| 10 | Pioneer Power Solutions | 30.57 Mn | -25.98 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| 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% |
| Mar 31, 2021 | -31.58% |
API Access
Pioneer Power Solutions Operating Margin 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-margin&ticker=PPSI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=PPSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();