Pioneer Power Q2 FY26 net loss widens to USD 2.06 million; revenue drops 40% to USD 5.02 million
PPSI•Quarterly results
Pioneer Power Solutions posted a Q2 net loss of USD 2.06 million, widening from the prior-year quarter.
Revenue fell 40% to USD 5.02 million, driven by lower sales and rentals of its e-Boost mobile EV charging solutions.
Margins and expenses
Gross margin rose 3.9 percentage points to 19.6%, on improved operating efficiencies tied to e-Boost sales.
Selling, general and administrative expense increased 13.7% to USD 2.83 million, lifting operating loss 17.4% to USD 2.01 million.
Backlog and liquidity
Backlog rose 2.6% to USD 18.35 million as of June 30, 2026; cash on hand totaled USD 10.67 million.
