PPSI · XBRL financial data

Pioneer Power Solutions financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (PPSI's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Revenue	12,443	8,413*	8,590	6,340	10,911	(2,962)*	6,740	8,370	6,888	5,629*	4,010	4,714
Revenue from contracts with customers	12,443	8,413*	8,590	6,340	10,911	(2,962)*	6,740	8,370	6,888	5,629*	4,266	5,019
Cost of goods and services sold	8,732	8,698*	6,862	5,687	8,845	(4,029)*	6,592	7,056	6,248	4,305*	3,684	4,035
Gross profit	3,711	—	1,728	653	2,066	—	148	1,314	640	—	582	984
Research and development	—	year only	211	238	256	345*	80	534	111	149*	156	161
Selling, general and administrative	2,758	2,115*	2,623	2,715	2,907	1,467*	2,414	2,488	1,976	2,268*	2,446	2,828
Total operating expenses	2,758	3,000*	2,834	2,953	3,163	1,812*	2,494	3,022	2,087	2,417*	2,602	2,989
Operating income (loss)	953	(3,285)*	(1,106)	(2,300)	(1,097)	(745)*	(2,346)	(1,708)	(1,447)	(1,093)*	(2,020)	(2,005)
Interest income	—	year only	31	20	—	year only	247	183	—	year only	—	—
Other income (expense)	11	520*	40	0*	(1)	11*	23	297	(438)	(400)*	(644)	(105)
Income tax expense (benefit)	—	—	—	—	—	year only	—	—	69	5*	—	—
Net income (loss)	1,024	(2,725)*	(1,035)	(2,283)	(1,121)	36,294*	(929)	(1,328)	(2,350)	(1,392)*	(2,508)	(2,059)
Earnings per share, basic USD per share	0.10	(0.27)*	(0.10)	(0.21)	(0.10)	3.29*	(0.09)	(0.12)	(0.21)	(0.13)*	(0.23)	(0.19)
Earnings per share, diluted USD per share	0.10	(0.28)*	(0.10)	(0.21)	(0.10)	—	(0.09)	(0.12)	(0.21)	(0.12)*	(0.23)	(0.19)
Weighted average shares, basic thousands of shares	10,010	9,930*	10,112	10,920	10,917	11,026*	11,120	11,104	11,095	11,095*	11,096	11,096
Weighted average shares, diluted thousands of shares	10,250	9,690*	10,112	10,920	10,917	11,856*	11,187	11,104	11,095	11,364*	11,096	11,096

Balance sheet

CSV

Fiscal quarters (PPSI's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Cash and cash equivalents	7,581	3,582	6,227	6,512	3,080	41,622	25,840	17,999	17,336	14,959	13,583	10,668
Accounts receivable	8,936	9,010	11,195	5,900	9,799	7,826	5,345	4,884	4,606	3,133	3,362	4,248
Inventory	8,280	7,579	9,590	12,657	16,099	6,068	6,456	5,783	6,780	6,315	5,834	6,580
Prepaid and other current assets	5,518	7,512	7,302	7,946	2,476	1,141	985	658	325	1,134	954	1,137
Total current assets	30,315	27,683	34,314	33,015	31,454	56,657	38,626	29,324	29,047	25,541	23,733	22,633
Property and equipment, net	3,775	3,899	3,990	4,226	4,705	6,503	6,193	5,371	5,663	5,400	5,087	4,873
Right-of-use asset	936	760	581	399	3,546	530	472	413	353	1,144	1,084	1,023
Total assets	35,761	33,022	39,306	38,024	40,058	65,951	47,476	39,115	37,580	35,455	33,021	31,535
Accounts payable	4,961	5,396	5,628	5,520	9,627	3,054	3,376	3,255	3,305	2,249	2,608	2,416
Accrued liabilities	4,811	7,213	6,689	6,987	1,444	1,489	1,344	801	1,079	1,496	1,062	1,203
Total current liabilities	16,613	18,262	20,806	21,875	22,351	29,978	12,475	5,408	6,281	4,882	5,076	5,504
Lease liability, non-current	276	215	169	121	2,818	301	262	248	233	936	874	809
Total liabilities	17,262	18,804	21,247	22,236	25,378	30,522	12,963	6,076	6,881	6,138	6,200	6,772
Accumulated deficit	(15,123)	(19,629)	(20,664)	(22,947)	(24,068)	—	(929)	(2,257)	(4,607)	(5,999)	(8,507)	(10,566)
Total stockholders' equity	18,499	14,218	18,059	15,788	14,680	35,429	34,513	33,039	30,699	29,317	26,821	24,763
Total liabilities and equity	35,761	33,022	39,306	38,024	40,058	65,951	47,476	39,115	37,580	35,455	33,021	31,535
Common shares outstanding (cover page) thousands of shares	9,930	10,917	10,917	10,917	11,013	11,120	11,120	11,095	11,095	11,096	11,096	11,099

Cash flows

CSV

Fiscal quarters (PPSI's year ends in late December)

In thousands of dollars	Q3 FY23Sep 30, 2023	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026
Net income (loss)	1,024	(2,725)*	(1,035)	(2,283)	(1,121)	36,294*	(929)	(1,328)	(2,350)	(1,392)*	(2,508)	(2,059)
Stock-based compensation	285	225*	225	96	13	721*	13	2	10	10*	10	1
Net cash from operating activities	(594)*	(3,667)*	(1,950)	571*	(2,739)*	(2,094)*	1,502	(5,465)*	(817)*	(1,038)*	(887)	(2,739)*
Purchases of property and equipment	1,535*	151*	213	401*	663*	2,482*	595	145*	792*	1,145*	233	76*
Net cash from investing activities	(1,535)*	(151)*	(213)	(401)*	(663)*	40,153*	(595)	(2,345)*	189*	(1,145)*	(459)	(145)*
Proceeds from issuing common stock	—	0*	4,841	145*	0*	0*	—	—	—	—	—	—
Dividends paid	—	—	—	—	—	—	16,665	0*	0*	0*	—	—
Net cash from financing activities	86*	(181)*	4,808	115*	(30)*	483*	(16,689)	(31)*	(35)*	(194)*	(30)	(31)*
Net change in cash	(2,043)*	(3,999)*	2,645	285*	(3,432)*	38,542*	(15,782)	(7,841)*	(663)*	(2,377)*	(1,376)	(2,915)*

Compare with peers

SIC 3690 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3690 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Pioneer Power Solutions	10,668	4,714	(2,739)*	11.1M	3.9 quarters	Q2 FY26 10-QJun 30, 2026
Beam Global	1,025	8,562	(2,487)*	22.6M	0.4 quarters	Q2 FY26 10-QJun 30, 2026
Nuburu	727	525	(5,992)*	370.5M	0.1 quarters	Q2 FY26 10-Q/AJun 30, 2026
Laser Photonics	2,157	1,806	(2,893)*	50.2M	0.7 quarters	Q2 FY26 10-QJun 30, 2026
Flux Power Holdings	409	6,758	423	22.0M	—	Q1 FY26 10-QSep 30, 2026
Aura Systems	13	34	(850)*	148.0M	—	Q2 FY27 10-QAug 31, 2026
ESS Tech	10,848	73	(8,943)*	33.0M	1.2 quarters	Q2 FY26 10-QJun 30, 2026
Cyber Enviro-Tech	6.8	0	not reported	155.8M	—	Q1 FY26 10-QJun 30, 2026
Nuvve Holding	501	1,227	(3,390)*	993,794	0.1 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.