AI Earnings Predictions for Pioneer Power Solutions Inc. (PPSI)

EX-99.1

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EX-99.1

Exhibit 99.1

Pioneer Power Announces Financial Results for Second Quarter 2026 and Provides a Business Update

●Backlog Grew 32% Sequentially to $18.4 Million

●Projecting Revenue of Approximately $15 Million in Second Half of 2026, Representing More than 60% Growth Over the First Half of 2026

FORT

LEE, N.J., Aug. 17, 2026 /BusinessWire/ — Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today provided a business update and announced financial results for the second quarter ended June 30, 2026.

“Our PRYMUS on-site power system, introduced in December 2025, continues to gain traction as customers look for reliable, scalable power that can be deployed in months rather than years,” said Nathan Mazurek, CEO of Pioneer. “PRYMUS is designed to meet that demand, combining mobile prime power generation, battery energy storage and advanced controls in pre-engineered, modular blocks that can scale from 1 MW to 10 MW and be deployed where power is needed, when it is needed. The early response to the platform has been strong, highlighted by the up to $6 million award we announced in May from one of the nation’s largest package delivery companies for two PRYMUS systems to provide prime power at separate transit hubs.

“Although the initial systems are not expected to be delivered until the second half of 2026, this customer has indicated an interest in potentially ordering additional PRYMUS systems for delivery in the first half of 2027. At the same time, our pipeline continues to build, with active PRYMUS quotes totaling approximately $200 million in aggregate with roughly 80% related to data center projects. The level of engaged interest we are experiencing only months after launching PRYMUS is an indication of the platform’s strong potential and market reception. We fully expect to receive additional, significant PRYMUS orders in the second half of 2026.

“We believe what we are experiencing with PRYMUS reflects a broader shift taking place in the power market. Demand for power is growing exponentially, driven in large part by the expansion of data centers and other energy-intensive infrastructure, while the traditional grid faces increasing constraints on capacity and the speed of bringing new power online. Customers are increasingly looking for reliable power solutions that can be deployed where and when they are needed, and we believe that plays directly to the strengths of distributed generation and to our capabilities.

“Concurrently, our e-Boost mobile charging platform has achieved a solid baseline, with annual revenue of approximately $10 million and more consistent gross margin levels. Despite the broader challenges in the EV charging market, we believe this level of revenue and profitability provides a sustainable foundation for the current business. As the EV charging market in the United States and abroad continues to develop, we see opportunities to build on this baseline and improve both revenue and gross margins over time.

“Our PowerCore home product, which we also introduced in December 2025, establishes a new category in premium residential power, providing 24/7 whole-home energy resiliency and energy independence with integrated high-speed EV charging. We are continuing to advance the platform and remain on track to begin shipments in the second half of 2026, initially with our original 45 kW prime-rated system and subsequently with 150 kW and 250 kW versions designed for larger estate-level residences. This expanded product range gives Pioneer the opportunity to address a broader segment of the premium residential market and build a meaningful new growth opportunity over the next several years.”

Q2 2026 Financial Highlights

●Revenue was $5.0 million, as compared to $8.4 million for the same quarter in 2025.

●Gross profit was $984,000, or a gross margin of 19.6%, as compared to $1.3 million, or a gross margin of 15.7%, for the same quarter in 2025.

●Operating loss from continuing operations was $2.0 million, as compared to $1.7 million for the same quarter in 2025.

●Non–GAAP operating income* from continuing operations, which excludes corporate overhead expenses, research and development expenses, depreciation and amortization expenses and non-recurring costs and professional fees, was $44,000, as compared to $218,000 for the same quarter in 2025.

●Net loss was $2.1 million, as compared to $1.3 million, inclusive of a loss from discontinued operations of $100,000, in the year ago quarter.

●Backlog of $18.4 million at June 30, 2026, compared to $13.9 million at March 31, 2026.

*A reconciliation between GAAP and non-GAAP measures is provided below. The non-GAAP measures should not be considered an alternative to GAAP measures as an indicator of the Company’s ope

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EX-99.1

Exhibit 99.1

Pioneer Power Announces Financial Results for First Quarter 2026 and Business Updates

Backlog Grew 11% Sequentially

Implemented Actions Expected to Reduce Operating Expenses by Over $1.5 Million on an Annualized Basis

$6 Million PRYMUS® Award from National Logistics Customer Validates Early Market Adoption Following Recent Launch

FORT

LEE, N.J., May 18, 2026 /BusinessWire/ — Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced recent business highlights and financial results for the first quarter ended March 31, 2026.

Recent Business Highlights

●Received a $6 million award for two PRYMUS® 1.2 megawatt distributed generation systems from a major national logistics customer, reflecting market interest in the platform following the official launch in December 2025. Delivery is expected in the second half of 2026.

●Implemented cost reduction initiatives at the end of April 2026 expected to lower operating expenses by approximately $1.5 million on an annualized basis, primarily through headcount reductions associated with the e-Boost product platform.

●Expanded PRYMUS sales pipeline and outstanding customer quotations at a pace exceeding the Company’s initial expectations, suggesting growing market demand for its distributed generation platform.

●Shipped first e-Boost unit to its distribution partner, Savvy Charging, in the United Arab Emirates, marking the Company’s initial entry into the Middle East market.

●Order activity for e-Boost mobile EV charging systems averaged to more than $500,000 per month during the quarter, as reflected in the Company’s higher backlog levels as of March 31, 2026.

Q1 2026 Financial Highlights

●Revenue was $4.3 million, compared to $6.7 million for the same quarter in 2025.

●Gross profit was $582,000, or a gross margin of 13.6%, as compared to $148,000, or a gross margin of 2.2%, for the same quarter in 2025.

●Operating loss was $2.0 million, compared to $2.3 million for the same quarter in 2025.

●Non–GAAP operating loss* from continuing operations, which excludes corporate overhead expenses, research and development expenses, depreciation and amortization expenses and non-recurring professional fees, was $380,000, as compared to $708,000 for the same quarter in 2025.

●Net loss was $2.5 million, as compared to $929,000, inclusive of income from discontinued operations of $1.1 million, in the year ago quarter.

●Backlog of $13.9 million at March 31, 2026, compared to $12.6 million at December 31, 2025.

●Cash on hand at March 31, 2026, was $13.6 million, as compared to $15.0 million at December 31, 2025.

*A reconciliation between GAAP and non-GAAP measures is provided below. The non-GAAP measures should not be considered an alternative to GAAP measures as an indicator of the Company’s operating performance.

“Our first quarter results reflect momentum across the business and meaningful progress in positioning Pioneer for its next phase of growth,” said Nathan Mazurek, CEO of Pioneer. “We delivered a significant year-over-year improvement in gross margin and a sequential increase in backlog, which suggests two important things: we are building commercial momentum, and customer demand for our distributed power solutions continues to build. While revenue in the quarter was affected by the timing of e-Boost deployments, the underlying trajectory of the business remains solid and improving. Importantly, the cost reduction actions we implemented at the end of April are expected to reduce our operating expense base by $1.5 million or more on an annualized basis, giving us a leaner, more focused organization. Those potential savings are expected to be directed toward the areas where we see the most opportunity and excitement - PRYMUS and PowerCore, which we believe are central to our long-term growth story.

“The early response to PRYMUS has been encouraging and, in our view, reinforces the strength of the market opportunity we are addressing. We continue to see accelerating demand for rapidly deployable distributed generation solutions, driven by the expansion of AI infrastructure, growth in data center capacity and ongoing constraints within the utility grid. In fact, a significant portion of our current pipeline and outstanding customer quotations is now centered on PRYMUS opportunities, which gives us increasing confidence in the scale and long-term potential of the platform.

“At the same time, we continue to advance commercialization efforts for PowerCore, which currently remains on track to begin shipments in the second half of 2026. Together, PRYMUS and PowerCore represent an important step forward in Pioneer’s evolution into a broader distributed energy solutions provider, serving both commercial and residential

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EX-99.1

Exhibit 99.1

Pioneer Power Announces Financial Results for Fourth Quarter and Full Year 2025

Full Year Revenue of $27.6 Million, Up 21% and In-line with Guidance

FORT

LEE, N.J., April 8, 2026 /BusinessWire/ — Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2025.

Strategic Business Highlights

●Global Expansion of e-Boost Ecosystem: Successfully entered a strategic international agreement to scale e-Boost mobile charging technology globally. By leveraging a high-margin franchise model and local partnerships, the Company is preparing to capture the rapid surge in international EV demand while maintaining a capital-light growth strategy.

●PRYMUS

Platform Aligns with Edge AI & Industrial Growth: Launched the PRYMUS Mobile Distributed Energy Platform, a novel solution designed to deliver 1 MW to 10 MW blocks of sustainably-fueled, off-grid power. PRYMUS is intended to address the “power-gap” facing the growing Edge AI and Data Center sectors, by offering megawatt-scale deployment expected in months rather than the years generally required for traditional grid connectivity.

●Defining the Premium Residential “Prime Power” Category: Debuted the PowerCore Residential Prime Energy Platform in December 2025 at a fully subscribed, invite-only Miami event. PowerCore is the market’s only known 24/7/365 whole-home resiliency solution with integrated high-speed charging. PowerCore is designed to elevate the premium residential experience by providing energy independence and mission-critical reliability, decoupled from the vulnerabilities of the traditional aging power grid.

●e-Boost Strengthens Its Position as the Standard in Mobile EV Charging: Continued to support e-Boost’s position as a solution for high-capacity mobile EV charging, with steady demand across core markets. With an established leasing and service model generating recurring revenue, e-Boost serves as the foundation of the Company’s broader distributed energy ecosystem.

Q4 2025 Financial Highlights

●Revenue was $5.6 million, compared to $9.8 million for the same quarter in 2024.

●Gross profit was $1.3 million, or a gross margin of 23.5%, as compared to $2.8 million, or a gross margin of 28.9%, for the same quarter in 2024.

●Operating loss was $(1.1) million, unchanged from $(1.1) million for the same quarter in 2024.

●Non–GAAP operating income* from continuing operations, which excludes corporate overhead expenses, research and development expenses, depreciation and amortization expenses and non-recurring professional fees, was $589,000, as compared to $1.9 million for the same quarter in 2024.

●Net loss was $(1.4) million, inclusive of loss from discontinued operations of $(17,500), as compared to net income of $36.3 million, inclusive of income from discontinued operations of $35.5 million, in the year ago quarter.

Full Year 2025 Financial Highlights

●Revenue was $27.6 million, up 20.8% and in-line with Company guidance, compared to $22.9 million for the year ended December 31, 2024.

●Gross profit was $3.4 million, or a gross margin of 12.4%, as compared to $5.5 million, or a gross margin of 24.1%, for the year ended December 31, 2024.

●Operating loss from continuing operations was $(6.6) million, as compared to $(5.2) million for the year ended December 31, 2024.

●Non–GAAP operating loss* from continuing operations, which excludes corporate overhead expenses, research and development expenses, depreciation and amortization expenses and non-recurring professional fees, was $(98,000), as compared to non-GAAP operating income of $2.5 million for the year ended December 31, 2024.

●Net loss was $(6.0) million, inclusive of income from discontinued operations of $449,000, as compared to net income of $31.9 million, inclusive of income from discontinued operations of $35.2 million, for the year ended December 31, 2024.

●Backlog of $12.6 million at December 31, 2025, compared to $19.8 million at December 31, 2024.

●Cash on hand at December 31, 2025, was $15.0 million, as compared to $41.6 million at December 31, 2024.

●On January 7, 2025, the Company paid a one-time special cash dividend of an aggregate of $16.7 million.

*A reconciliation between GAAP and non-GAAP measures is provided below. The non-GAAP measures should not be considered an alternative to GAAP measures as an indicator of the Company’s operating performance.

“We delivered 21% year-over-year revenue growth in 2025 and met our guidance, indicating strong execution and continued demand for our mobile and distributed power solutions,” said Nathan Mazurek, CEO of Pioneer. “Throughout the year, we strategically front-loaded investments to scale our manufactu