Power Solutions (PSIX) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Power Solutions Revenue Highlights

Latest Revenue (Y)

$458.97M

Latest Revenue (Q)

$215.26M

Main Segment (Y)

Energy End Market

Main Geography (Y)

UNITED STATES

Power Solutions Revenue by Period

Power Solutions Revenue by Year

Date	Revenue	Change
2023-12-31	$458.97M	-4.65%
2022-12-31	$481.33M	5.50%
2021-12-31	$456.25M	9.25%
2020-12-31	$417.64M	-23.52%
2019-12-31	$546.08M	10.09%
2018-12-31	$496.04M	19.06%
2017-12-31	$416.62M	22.73%
2016-12-31	$339.46M	-12.83%
2015-12-31	$389.45M	11.91%
2014-12-31	$348.00M	46.31%
2013-12-31	$237.84M	17.54%
2012-12-31	$202.34M	30.57%
2011-12-31	$154.97M	199764.58%
2010-12-31	$77.54K	-21.17%
2009-12-31	$98.36K	-

Power Solutions generated $458.97M in revenue during NA 2023, up -4.65% compared to the previous quarter, and up 92.53% compared to the same period a year ago.

Power Solutions Revenue by Quarter

Date	Revenue	Change
2024-09-30	$215.26M	94.65%
2024-06-30	$110.59M	16.11%
2024-03-31	$95.24M	-9.08%
2023-12-31	$104.75M	-9.60%
2023-09-30	$115.88M	-4.91%
2023-06-30	$121.86M	4.63%
2023-03-31	$116.47M	-14.99%
2022-12-31	$137.01M	9.69%
2022-09-30	$124.90M	3.67%
2022-06-30	$120.48M	21.76%
2022-03-31	$98.95M	-22.07%
2021-12-31	$126.98M	7.95%
2021-09-30	$117.63M	5.52%
2021-06-30	$111.48M	11.29%
2021-03-31	$100.17M	-4.63%
2020-12-31	$105.04M	-8.23%
2020-09-30	$114.45M	22.99%
2020-06-30	$93.06M	-11.46%
2020-03-31	$105.10M	-31.35%
2019-12-31	$153.09M	10.53%
2019-09-30	$138.51M	-0.12%
2019-06-30	$138.68M	19.78%
2019-03-31	$115.79M	-16.24%
2018-12-31	$138.23M	1.41%
2018-09-30	$136.32M	7.28%
2018-06-30	$127.07M	34.59%
2018-03-31	$94.41M	-28.19%
2017-12-31	$131.48M	31.48%
2017-09-30	$100.00M	-0.89%
2017-06-30	$100.90M	19.69%
2017-03-31	$84.30M	-14.24%
2016-12-31	$98.30M	24.59%
2016-09-30	$78.90M	-8.04%
2016-06-30	$85.80M	38.80%
2016-03-31	$61.81M	-36.06%
2015-12-31	$96.67M	-13.69%
2015-09-30	$112.01M	18.37%
2015-06-30	$94.63M	9.86%
2015-03-31	$86.14M	-17.10%
2014-12-31	$103.91M	10.58%
2014-09-30	$93.97M	12.71%
2014-06-30	$83.38M	24.94%
2014-03-31	$66.73M	8.51%
2013-12-31	$61.50M	-4.84%
2013-09-30	$64.63M	9.28%
2013-06-30	$59.14M	12.48%
2013-03-31	$52.58M	0.24%
2012-12-31	$52.45M	1.45%
2012-09-30	$51.70M	3.17%
2012-06-30	$50.12M	4.25%
2012-03-31	$48.07M	5.68%
2011-12-31	$45.49M	6.29%
2011-09-30	$42.80M	21.14%
2011-06-30	$35.33M	344203.67%
2011-03-31	$10.26K	128.48%
2010-12-31	$4.49K	-82.19%
2010-09-30	$25.22K	-33.02%
2010-06-30	$37.65K	270.01%
2010-03-31	$10.18K	-64.18%
2009-12-31	$28.41K	-

Power Solutions generated $215.26M in revenue during Q3 2024, up 94.65% compared to the previous quarter, and up 176.64% compared to the same period a year ago.

Power Solutions Revenue Breakdown

Power Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Transportation End Market	$73.53M	$77.17M	$179.83M	$143.19M	-
Industrial End Market	$160.33M	$224.67M	$153.29M	$180.11M	-
Energy End Market	$225.11M	$179.49M	$123.13M	$222.78M	-
Six Liter Engines	-	-	-	$70.00M	-

Power Solutions's latest annual revenue breakdown by segment (product or service), as of Dec 23: Energy End Market (49.05%), Industrial End Market (34.93%), and Transportation End Market (16.02%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 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	Sep 19
Industrial End Market	$32.77M	$31.51M	$28.74M	$31.52M	$40.35M	$45.59M	$42.88M	$61.00M	$59.42M	$58.45M	$45.80M	$41.49M	$40.58M	$36.90M	$34.32M	$131.03M	$29.84M	$30.46M	$37.13M	$37.02M
Transportation End Market	$8.96M	$5.99M	$4.53M	$7.63M	$15.13M	$21.82M	$28.96M	$24.42M	$22.79M	$15.05M	$14.91M	$43.96M	$45.25M	$49.93M	$40.69M	$137.33M	$50.79M	$32.94M	$17.88M	$37.16M
Energy End Market	$84.11M	$73.09M	$61.96M	$65.61M	$60.41M	$54.45M	$44.63M	$51.59M	$42.69M	$46.98M	$38.23M	$41.52M	$31.80M	$24.65M	$25.16M	$149.28M	$33.81M	$29.65M	$50.08M	$64.33M

Power Solutions's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Energy End Market (66.84%), Industrial End Market (26.04%), and Transportation End Market (7.12%).

Power Solutions Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 19	Dec 18
UNITED STATES	$378.89M	$349.49M	$406.08M	-	-
Europe	$13.81M	$18.45M	$7.46M	$16.56M	$13.74M
North America	$21.27M	$16.44M	$8.62M	$483.30M	$436.07M
Other Geographical Areas	$5.18M	$16.27M	$8.65M	$7.03M	$4.16M
Pacific Rim	$39.82M	$80.68M	$25.46M	$39.18M	$42.07M

Power Solutions's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (82.55%), Pacific Rim (8.68%), North America (4.63%), Europe (3.01%), and Other Geographical Areas (1.13%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 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	Sep 19
North America, Excluding United States	$5.82M	$5.46M	$4.85M	$4.48M	$7.30M	$2.90M	$4.31M	$3.41M	-	-	-	-	-	-	-	-	-	-	-	-
Europe	$890.00K	$1.43M	$1.46M	$2.58M	$4.27M	$3.92M	$3.04M	$4.67M	$7.03M	$3.64M	$3.12M	$2.16M	$1.73M	$1.96M	$1.61M	$9.34M	$2.40M	$2.58M	$2.66M	$4.33M
Pacific Rim	$5.59M	$5.17M	$6.64M	$3.79M	$9.48M	$12.38M	$14.17M	$24.08M	$20.08M	$22.68M	$13.84M	$6.59M	$7.91M	$5.42M	$5.53M	$25.87M	$5.47M	$6.29M	$6.45M	$6.74M
UNITED STATES	$113.53M	$98.49M	$82.27M	$93.13M	$96.90M	$95.75M	$93.12M	$99.46M	$89.66M	$85.95M	$74.41M	-	-	-	-	-	-	-	-	-
Other Geographical Areas	-	$33.00K	$17.00K	$607.00K	$743.00K	$2.52M	$1.32M	$2.98M	$5.22M	$3.90M	$4.16M	$3.08M	$2.22M	$2.23M	$1.12M	$6.16M	$1.75M	$2.20M	$1.47M	$1.47M
North America	-	-	-	$16.45M	$4.82M	$-290.93M	$105.77M	$101.87M	$91.92M	$376.28M	$104.84M	$81.98M	$94.52M	$125.97M	-	-	-	-	-	-

Power Solutions's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (90.22%), North America, Excluding United States (4.63%), Pacific Rim (4.45%), and Europe (0.71%).

Power Solutions Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMI	Cummins	$34.10B	$8.46B
ETN	Eaton	$23.20B	$6.34B
PH	Parker-Hannifin	$19.93B	$4.74B
EMR	Emerson Electric	$17.49B	$4.17B
ITW	Illinois Tool Works	$15.90B	$3.97B
DOV	Dover	$7.75B	$1.98B
GTLS	Chart Industries	$5.66B	$2.45B
GNRC	Generac	$4.30B	$1.17B
ROK	Rockwell Automation	$3.19B	$722.00M
HI	Hillenbrand	$3.18B	$706.90M
NDSN	Nordson	$2.63B	$661.60M
HLIO	Helios	$835.60M	$194.50M
THR	Thermon Group	$494.63M	$134.35M
PSIX	Power Solutions	$458.97M	$215.26M
BLDP	Ballard Power Systems	$104.25M	$14.39M
IR	Ingersoll Rand	-	$1.86B

PSIX Revenue FAQ

What is Power Solutions’s yearly revenue?

Power Solutions's yearly revenue for 2023 was $458.97M, representing a decrease of -4.65% compared to 2022. The company's yearly revenue for 2022 was $481.33M, representing an increase of 5.50% compared to 2021. PSIX's yearly revenue for 2021 was $456.26M, representing an increase of 9.25% compared to 2020.

What is Power Solutions’s quarterly revenue?

Power Solutions's quarterly revenue for Q3 2024 was $215.26M, a 94.65% increase from the previous quarter (Q2 2024), and a 85.75% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $110.59M, a 16.11% increase from the previous quarter (Q1 2024), and a -9.26% decrease year-over-year (Q2 2023). PSIX's quarterly revenue for Q1 2024 was $95.24M, a -9.08% decrease from the previous quarter (Q4 2023), and a -18.23% decrease year-over-year (Q1 2023).

What is Power Solutions’s revenue growth rate?

Power Solutions's revenue growth rate for the last 3 years (2021-2023) was 0.60%, and for the last 5 years (2019-2023) was -15.95%.

What are Power Solutions’s revenue streams?

Power Solutions's revenue streams in c 23 are Transportation End Market, Industrial End Market, and Energy End Market. Transportation End Market generated $73.53M in revenue, accounting 16.02% of the company's total revenue, down -4.72% year-over-year. Industrial End Market generated $160.33M in revenue, accounting 34.93% of the company's total revenue, down -28.64% year-over-year. Energy End Market generated $225.11M in revenue, accounting 49.05% of the company's total revenue, up 25.41% year-over-year.

What is Power Solutions’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Power Solutions was Energy End Market. This segment made a revenue of $225.11M, representing 49.05% of the company's total revenue.