Pioneer Power Solutions (PPSI) Revenue & Revenue Breakdown
Pioneer Power Solutions Revenue Highlights
Latest Revenue (Y)
$40.80M
Latest Revenue (Q)
$8.41M
Main Segment (Y)
Product
Main Geography (Y)
UNITED STATES
Pioneer Power Solutions Revenue by Period
Pioneer Power Solutions Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $40.80M | 51.11% |
| 2022-12-31 | $27.00M | 47.45% |
| 2021-12-31 | $18.31M | -6.05% |
| 2020-12-31 | $19.49M | -5.31% |
| 2019-12-31 | $20.58M | -80.65% |
| 2018-12-31 | $106.39M | 4.93% |
| 2017-12-31 | $101.39M | -11.37% |
| 2016-12-31 | $114.40M | 7.40% |
| 2015-12-31 | $106.52M | 15.54% |
| 2014-12-31 | $92.19M | 4.57% |
| 2013-12-31 | $88.16M | 5.00% |
| 2012-12-31 | $83.96M | 22.05% |
| 2011-12-31 | $68.79M | 45.63% |
| 2010-12-31 | $47.24M | 16.35% |
| 2009-12-31 | $40.60M | 100.00% |
| 2008-09-30 | - | - |
Pioneer Power Solutions generated $40.80M in revenue during NA 2023, up 51.11% compared to the previous quarter, and up 38.35% compared to the same period a year ago.
Pioneer Power Solutions Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $8.41M | -32.39% |
| 2023-09-30 | $12.44M | 2.58% |
| 2023-06-30 | $12.13M | 42.59% |
| 2023-03-31 | $8.51M | -10.68% |
| 2022-12-31 | $9.52M | 52.36% |
| 2022-09-30 | $6.25M | 45.74% |
| 2022-06-30 | $4.29M | -28.94% |
| 2022-03-31 | $6.04M | 72.56% |
| 2021-12-31 | $3.50M | -38.47% |
| 2021-09-30 | $5.68M | 1.07% |
| 2021-06-30 | $5.63M | 60.62% |
| 2021-03-31 | $3.50M | -34.57% |
| 2020-12-31 | $5.35M | 32.12% |
| 2020-09-30 | $4.05M | -20.37% |
| 2020-06-30 | $5.09M | 1.72% |
| 2020-03-31 | $5.00M | -24.63% |
| 2019-12-31 | $6.63M | 19.14% |
| 2019-09-30 | $5.57M | 3.90% |
| 2019-06-30 | $5.36M | -78.30% |
| 2019-03-31 | $24.70M | -23.69% |
| 2018-12-31 | $32.37M | 24.70% |
| 2018-09-30 | $25.96M | 5.54% |
| 2018-06-30 | $24.59M | 4.76% |
| 2018-03-31 | $23.48M | -0.34% |
| 2017-12-31 | $23.55M | -20.94% |
| 2017-09-30 | $29.79M | -3.57% |
| 2017-06-30 | $30.90M | 13.33% |
| 2017-03-31 | $27.26M | -4.39% |
| 2016-12-31 | $28.51M | -2.98% |
| 2016-09-30 | $29.39M | -1.81% |
| 2016-06-30 | $29.93M | 12.65% |
| 2016-03-31 | $26.57M | 1.22% |
| 2015-12-31 | $26.25M | 5.32% |
| 2015-09-30 | $24.92M | -5.80% |
| 2015-06-30 | $26.46M | -8.40% |
| 2015-03-31 | $28.89M | 19.75% |
| 2014-12-31 | $24.12M | -7.61% |
| 2014-09-30 | $26.11M | 23.96% |
| 2014-06-30 | $21.06M | 0.82% |
| 2014-03-31 | $20.89M | -1.30% |
| 2013-12-31 | $21.17M | -5.69% |
| 2013-09-30 | $22.45M | 2.06% |
| 2013-06-30 | $22.00M | -2.47% |
| 2013-03-31 | $22.55M | -0.21% |
| 2012-12-31 | $22.60M | 17.54% |
| 2012-09-30 | $19.23M | -11.89% |
| 2012-06-30 | $21.82M | 7.40% |
| 2012-03-31 | $20.32M | 8.50% |
| 2011-12-31 | $18.73M | 4.45% |
| 2011-09-30 | $17.93M | 9.23% |
| 2011-06-30 | $16.41M | 4.36% |
| 2011-03-31 | $15.73M | 22.59% |
| 2010-12-31 | $12.83M | -7.09% |
| 2010-09-30 | $13.81M | 11.80% |
| 2010-06-30 | $12.35M | 49.68% |
| 2010-03-31 | $8.25M | 100.00% |
| 2009-09-30 | - | 100.00% |
| 2009-06-30 | - | 100.00% |
| 2009-03-31 | - | 100.00% |
| 2008-12-31 | - | - |
Pioneer Power Solutions generated $8.41M in revenue during Q4 2023, up -32.39% compared to the previous quarter, and up 134.59% compared to the same period a year ago.
Pioneer Power Solutions Revenue Breakdown
Pioneer Power Solutions Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Service | $7.78M | - | - | - | - |
| Product | $33.72M | $19.61M | - | - | - |
| T & D Solutions | - | - | $9.48M | - | - |
| Critical Power Segment | - | - | $8.83M | - | - |
| Products | - | - | - | $11.83M | $10.40M |
| Services | - | - | - | $7.66M | - |
| Class Of Warrant Or Right Expiration Date Range End | - | - | - | - | $10.18M |
Pioneer Power Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (81.25%), and Service (18.75%).
Quarterly Revenue by Product
| Product/Service | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service | $3.79M | $1.89M | $2.10M | $2.00M | $2.10M | $1.87M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | $17.03M | $10.24M | $6.45M | $7.58M | $4.20M | $3.75M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Critical Power Segment | - | - | - | - | - | $2.32M | $2.64M | $1.99M | $2.69M | $2.46M | $4.06M | $2.55M | - | - | - | - | - | - | - | - |
| T & D Solutions | - | - | - | - | - | $1.97M | $3.40M | $1.50M | $3.00M | - | - | - | - | - | - | - | - | - | - | - |
| Products | - | - | - | - | - | - | - | - | - | - | $1.91M | $1.92M | $3.21M | $3.13M | $2.90M | $3.00M | $22.93M | - | - | - |
| Services | - | - | - | - | - | - | - | - | - | - | $1.59M | $2.13M | $1.88M | $1.87M | $2.67M | $2.36M | $1.77M | - | - | - |
| T&D Solutions | - | - | - | - | - | - | - | - | - | - | - | $2.89M | $2.58M | - | - | - | - | - | - | - |
| T and D Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.82M |
Pioneer Power Solutions's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Product (81.80%), and Service (18.20%).
Pioneer Power Solutions Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $41.49M | $27.00M | $18.31M | - | - |
| United States | - | - | - | $19.49M | $20.58M |
Pioneer Power Solutions's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (100.00%).
Quarterly Revenue by Country
| Country | Dec 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $32.99M | $8.51M | $9.52M | $6.25M | $4.29M | $6.04M | $3.50M | $5.68M | $5.63M | - | - | - | - | - | - | - | - | - | - |
| Product | - | $6.45M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | $2.10M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| United States | - | - | - | - | - | - | - | - | - | $3.50M | $5.09M | $5.00M | $6.63M | $5.57M | $5.36M | $17.16M | $16.14M | $16.00M | - |
| Canada | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.19M | $8.79M | $8.45M | $7.48M |
Pioneer Power Solutions's latest quarterly revenue breakdown by geography, as of Dec 23: UNITED STATES (100.00%).
Pioneer Power Solutions Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| XPON | Expion360 | $10.39B | $971.86K |
| VRT | Vertiv | $6.86B | $1.95B |
| HUBB | Hubbell | $5.37B | $1.45B |
| NVT | nVent Electric | $3.26B | $880.30M |
| ENR | Energizer | $2.96B | $701.40M |
| AEIS | Advanced Energy Industries | $1.66B | $364.95M |
| HAYW | Hayward | $992.45M | $284.39M |
| CBAT | CBAK Energy | $204.44M | $47.79M |
| FCEL | FuelCell Energy | $123.39M | $23.70M |
| PPSI | Pioneer Power Solutions | $40.80M | $8.41M |
| EOSE | Eos Energy Enterprises | $16.38M | $898.00K |
| POLA | Polar Power | $15.29M | $4.66M |
| NVX | Novonix | $8.05M | $4.17M |
| NEOV | NeoVolta | $3.46M | $283.90K |
| IPWR | Ideal Power | $198.87K | $78.74K |
| LTBR | Lightbridge | - | - |
PPSI Revenue FAQ
What is Pioneer Power Solutions’s yearly revenue?
Pioneer Power Solutions's yearly revenue for 2023 was $40.8M, representing an increase of 51.11% compared to 2022. The company's yearly revenue for 2022 was $27M, representing an increase of 47.45% compared to 2021. PPSI's yearly revenue for 2021 was $18.31M, representing a decrease of -6.05% compared to 2020.
What is Pioneer Power Solutions’s quarterly revenue?
Pioneer Power Solutions's quarterly revenue for Q4 2023 was $8.41M, a -32.39% decrease from the previous quarter (Q3 2023), and a -11.67% decrease year-over-year (Q4 2022). The company's quarterly revenue for Q3 2023 was $12.44M, a 2.58% increase from the previous quarter (Q2 2023), and a 99.06% increase year-over-year (Q3 2022). PPSI's quarterly revenue for Q2 2023 was $12.13M, a 42.59% increase from the previous quarter (Q1 2023), and a 182.82% increase year-over-year (Q2 2022).
What is Pioneer Power Solutions’s revenue growth rate?
Pioneer Power Solutions's revenue growth rate for the last 3 years (2021-2023) was 122.82%, and for the last 5 years (2019-2023) was 98.23%.
What are Pioneer Power Solutions’s revenue streams?
Pioneer Power Solutions's revenue streams in c 23 are Service, and Product. Service generated $7.78M in revenue, accounting 18.75% of the company's total revenue Product generated $33.72M in revenue, accounting 81.25% of the company's total revenue, up 71.92% year-over-year.
What is Pioneer Power Solutions’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Pioneer Power Solutions was Product. This segment made a revenue of $33.72M, representing 81.25% of the company's total revenue.