PPSI · XBRL financial data

Pioneer Power Solutions financial statements, every fiscal year

The same tables from 6 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 years (PPSI's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	19,490	18,311	27,000	41,493	22,879	27,627
Revenue from contracts with customers	19,490	18,311	27,000	41,493	22,879	27,627
Cost of revenue	18,609	16,918	—	—	—	—
Cost of goods and services sold	18,609	16,918	22,393	33,143	17,365	24,201
Gross profit	881	1,393	4,607	8,350	5,514	3,426
Research and development	—	—	—	885	1,050	875
Selling, general and administrative	5,165	5,255	8,636	10,119	9,712	9,146
Total operating expenses	5,165	5,255	8,636	11,004	10,762	10,021
Operating income (loss)	(4,284)	(3,862)	(4,029)	(2,654)	(5,248)	(6,595)
Interest income	—	—	—	232	431	739
Interest expense	9	4	—	—	—	—
Other income (expense)	969	1,292	(67)	524	50	(518)
Income tax expense (benefit)	5	(16)	7	—	(1,418)	74
Net income (loss)	(2,986)	(2,167)	(3,638)	(1,898)	31,855	(5,999)
Earnings per share, basic USD per share	(0.34)	(0.24)	(0.37)	(0.19)	2.97	(0.54)
Earnings per share, diluted USD per share	(0.34)	(0.24)	(0.37)	(0.19)	2.90	(0.54)
Weighted average shares, basic thousands of shares	8,726	8,858	9,728	9,905	10,745	11,104
Weighted average shares, diluted thousands of shares	8,726	8,858	9,728	9,905	10,954	11,188

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	7,567	11,699	10,296	3,582	41,622	14,959
Accounts receivable	2,587	2,429	11,139	9,010	7,826	3,133
Inventory	2,403	4,160	8,748	7,579	6,068	6,315
Prepaid and other current assets	897	1,069	2,853	7,512	1,141	1,134
Total current assets	13,956	25,135	33,036	27,683	56,657	25,541
Property and equipment, net	433	516	1,800	3,899	6,503	5,400
Right-of-use asset	2,500	3,900	1,450	760	530	1,144
Total assets	21,287	27,927	37,175	33,022	65,951	35,455
Accounts payable	2,233	2,089	5,615	5,396	3,054	2,249
Accrued liabilities	1,079	1,263	1,624	7,213	1,489	1,496
Current portion of long-term debt	780	—	—	—	—	—
Total current liabilities	5,538	6,582	18,962	18,262	29,978	4,882
Long-term debt	633	—	—	—	—	—
Lease liability, non-current	—	1,108	797	215	301	936
Total liabilities	7,428	8,375	20,242	18,804	30,522	6,138
Accumulated deficit	(10,145)	(12,312)	(15,950)	(19,629)	—	(5,999)
Total stockholders' equity	13,859	19,552	16,933	14,218	35,429	29,317
Total liabilities and equity	21,287	27,927	37,175	33,022	65,951	35,455
Common shares outstanding (cover page) thousands of shares	8,726	9,645	9,768	10,917	11,120	11,096

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

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(2,986)	(2,167)	(3,638)	(1,898)	31,855	(5,999)
Stock-based compensation	3	186	1,002	1,471	1,055	35
Depreciation and amortization	203	153	228	—	—	—
Net cash from operating activities	(3,613)	(2,341)	(5,772)	(3,895)	(6,212)	(5,818)
Purchases of property and equipment	—	237	1,512	2,496	3,759	2,677
Net cash from investing activities	2,630	(237)	4,722	(2,496)	38,876	(3,896)
Proceeds from issuing common stock	—	8,663	—	177	4,986	—
Dividends paid	—	1,047	—	—	—	16,665
Net cash from financing activities	337	6,710	(353)	(323)	5,376	(16,949)
Net change in cash	—	4,132	(1,403)	(6,714)	38,040	(26,663)

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.