Pioneer Power Solutions (PPSI) Work In Process (2012 - 2026)
Pioneer Power Solutions (PPSI) reported Work In Process of $305000.0 for Q1 2026, down 72.07% year-over-year from $1.1 million in Q1 2025, and down 56.55% quarter-over-quarter from $702000.0 in Q4 2025.
Pioneer Power Solutions (PPSI) Work In Process (2012 - 2026) Analysis & Trends
Pioneer Power Solutions (PPSI) has 15 years of Work In Process data on file, last reported at $305000.0 in Q1 2026.
- Work In Process for Q1 2026 came in at $305000.0, down 72.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $305000.0 (down 72.07% YoY), and the FY2025 annual result was $702000.0, down 39.95% from the prior year.
- Work In Process fell to $305000.0 in Q1 2026 per PPSI's latest filing, from $702000.0 in the prior quarter.
- Over five years, Work In Process peaked at $5.9 million in Q3 2024 and troughed at $305000.0 in Q1 2026.
- A 5-year average of $2.2 million and a median of $1.5 million in 2023 frame the typical range for Work In Process.
- The sharpest annual moves came in 2023 and 2024: Work In Process plunged 93.66% in 2023, then jumped 298.57% in 2024.
- A 5-year view of Work In Process shows it stood at $5.1 million in 2022, then sank by 93.66% to $325000.0 in 2023, then soared by 259.69% to $1.2 million in 2024, then slumped by 39.95% to $702000.0 in 2025, then slumped by 56.55% to $305000.0 in 2026.
- Business Quant data shows PPSI's Work In Process at $305000.0 in Q1 2026, $702000.0 in Q4 2025, and $690000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn |
| 10 | Pioneer Power Solutions | 49.82 Mn | 36.24 Mn | 582,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 305,000.00 |
| Dec 31, 2025 | 702,000.00 |
| Sep 30, 2025 | 690,000.00 |
| Jun 30, 2025 | 1.55 Mn |
| Mar 31, 2025 | 1.09 Mn |
| Dec 31, 2024 | 1.17 Mn |
| Sep 30, 2024 | 5.87 Mn |
| Jun 30, 2024 | 2.31 Mn |
| Mar 31, 2024 | 1.71 Mn |
| Dec 31, 2023 | 325,000.00 |
| Sep 30, 2023 | 1.47 Mn |
| Jun 30, 2023 | 2.75 Mn |
| Mar 31, 2023 | 5.18 Mn |
| Dec 31, 2022 | 5.13 Mn |
| Dec 31, 2021 | 3.17 Mn |
| Sep 30, 2021 | 2.46 Mn |
| Jun 30, 2021 | 2.26 Mn |
| Mar 31, 2021 | 2.23 Mn |
| Dec 31, 2020 | 1.42 Mn |
| Sep 30, 2020 | 2.66 Mn |