State Ledger
Company profile

PIONEER POWER SOLUTIONS, INC. CIK 1449792

Ticker
PPSI (Nasdaq)
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Headquarters
Fort Lee, NJ 07024
Fiscal year end
2025 (FY)
Market Data
Close
$3.07
Change
+$0.04
Change %
1.16%
Volume
1,752

PPSI · trading date Oct 9, 2026 · previous close $3.03 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$27.63M
Net income
-$6.00M
Total assets
$35.46M
Total liabilities
$6.14M
Stockholders' equity
$29.32M
Cash & equivalents
—
Operating income
-$6.60M
Operating cash flow
-$5.82M
Capital expenditures
$2.68M

Fiscal year 2025, via 10-K filed 2026-04-08. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-23.9%
Net margin
-21.7%
Free cash flow
-$8.50M
Free cash flow margin
-30.7%
Liabilities / assets
17.3%
Equity / assets
82.7%
CapEx / revenue
9.7%
Operating cash flow / net income
0.97×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $27.63M -$6.00M $35.46M $6.14M $29.32M
2024 $22.88M $31.86M $65.95M $30.52M $35.43M
2023 $11.12M -$1.90M $33.02M $18.80M $14.22M
2022 $25.88M -$5.42M $35.39M $20.24M $15.15M
2021 $18.31M -$2.17M $27.93M $8.38M $19.55M
Company Details
SIC code
3690
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form EFFECT
2026-09-10
Financials filed via
Form 10-K
filed 2026-04-08

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Fort Lee, NJ 07024
400 KELBY STREET, 12TH FLOOR
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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