Pioneer Power Solutions, Inc. (PPSI) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PPSI SEC filings page.
Pioneer Power Solutions, Inc. (PPSI) reported $23.6M in revenue over the twelve months to Jun 30, 2026, down 18.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue is growing, but margin compression and recurring cash outflows show a business still funding expansion rather than converting it into earnings.
The FY2024 accounting profit did not carry through to operations: the company still posted an operating loss of$5.2M and operating cash flow of-$6.2M . It then returned to a net loss of$6.0M in FY2025, making that earlier profit a poor guide to recurring economics.
Revenue reached
Cash conversion remains the central constraint: FY2025 operating cash flow was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Pioneer Power Solutions, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Pioneer Power Solutions, Inc. held $15.4M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $5.8M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Pioneer Power Solutions, Inc. scores 58/100 among other emerging companies.
Pioneer Power Solutions, Inc. had 11M shares outstanding at the end of fiscal year 2025, against 11M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Pioneer Power Solutions, Inc. scores 56/100 among other emerging companies.
Pioneer Power Solutions, Inc. spent $875K on research and development in fiscal year 2025, which was 2.6% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Pioneer Power Solutions, Inc. scores 16/100 among other emerging companies.
Pioneer Power Solutions, Inc. reported revenue of $27.6M in fiscal year 2025, against $22.9M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Pioneer Power Solutions, Inc. scores 81/100 among other emerging companies.
Pioneer Power Solutions, Inc.'s operations used $5.8M of cash in fiscal year 2025, against $6.2M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Pioneer Power Solutions, Inc. scores 29/100 among other emerging companies.
Pioneer Power Solutions, Inc.'s cash, cash equivalents and investments came to $15.4M at the end of fiscal year 2025, against $6.1M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Pioneer Power Solutions, Inc. scores 79/100 among other emerging companies.
Pioneer Power Solutions, Inc. scores 3.97, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($34.2M) relative to total liabilities ($6.1M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Pioneer Power Solutions, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Pioneer Power Solutions, Inc. reported a net loss of $6.0M while operations used $5.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Pioneer Power Solutions, Inc. generated $4.7M in revenue in Q2 2026. This represents a decrease of 27.5% from the same quarter a year earlier. Against the prior quarter it is up 17.6%.
Pioneer Power Solutions, Inc.'s EBITDA was -$1.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 22.2% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.
Pioneer Power Solutions, Inc. reported -$2.1M in net income in Q2 2026. This represents a decrease of 55.0% from the same quarter a year earlier. Against the prior quarter it is up 17.9%.
Pioneer Power Solutions, Inc. earned -$0.19 per diluted share (EPS) in Q2 2026. This represents a decrease of 58.3% from the same quarter a year earlier. Against the prior quarter it is up 17.4%.
Cash & Balance Sheet
Pioneer Power Solutions, Inc. recorded an outflow of $2.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents an increase of 49.8% from the same quarter a year earlier. Against the prior quarter it is down 151.3%.
Pioneer Power Solutions, Inc. held $10.7M in cash as of Q2 2026; long-term debt is not reported for that period.
Not reported for Q2 2026.
Margins & Returns
Pioneer Power Solutions, Inc.'s gross margin was 20.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 29.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.4 percentage points.
Pioneer Power Solutions, Inc.'s operating margin was -42.5% in Q2 2026, reflecting core business profitability. This is down 16.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.8 percentage points.
Pioneer Power Solutions, Inc.'s net profit margin was -43.7% in Q2 2026, showing the share of revenue converted to profit. This is down 23.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 18.9 percentage points.
Pioneer Power Solutions, Inc.'s ROE was -8.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 4.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.0 percentage points.
Capital Allocation
Pioneer Power Solutions, Inc. invested $161K in research and development in Q2 2026. This represents a decrease of 69.9% from the same quarter a year earlier. Against the prior quarter it is up 3.2%.
Pioneer Power Solutions, Inc. invested $76K in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 47.6% from the same quarter a year earlier. Against the prior quarter it is down 67.4%.
Not reported for Q2 2026.
PPSI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.7M-27.5% | $4.0M-35.5% | $8.0M-17.8% | $6.9M+7.4% | $6.5M+91.5% | $6.2M+87.5% | $9.8M | $6.4M-44.0% |
| Cost of Revenue | $4.0M-42.8% | $3.7M-44.1% | $4.3M-37.9% | $6.2M+27.7% | $7.1M+156.2% | $6.6M+137.1% | $6.9M | $4.9M-36.9% |
| Gross Profit | $984K+277.6% | $582K+255.2% | $1.3M-53.0% | $640K-58.0% | -$554K-186.4% | -$375K-170.1% | $2.8M | $1.5M-58.8% |
| R&D Expenses | $161K-69.9% | $156K+95.0% | $150K-56.5% | $111K-56.6% | $534K+124.4% | $80K-62.1% | $345K | $256K |
| SG&A Expenses | $2.8M+13.7% | $2.4M+1.3% | $2.3M-36.0% | $2.0M-0.2% | $2.5M+16.4% | $2.4M+17.8% | $3.5M | $2.0M-28.2% |
| Operating Income | -$2.0M-17.4% | -$2.0M+13.9% | -$1.1M-2.0% | -$1.4M-102.7% | -$1.7M+1.6% | -$2.3M-35.9% | -$1.1M | -$714K-176.0% |
| EBITDA | -$1.7M-22.2% | -$1.7M+16.6% | -$775K+2.1% | -$1.2M-137.3% | -$1.4M+8.6% | -$2.1M-31.4% | -$792K | -$499K-143.5% |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $24K |
| Income Tax | N/A | N/A | N/A | $69K | N/A | N/A | N/A | N/A |
| Net Income | -$2.1M-55.0% | -$2.5M-170.0% | -$1.4M-103.8% | -$2.4M-109.6% | -$1.3M+41.8% | -$929K+10.2% | $36.3M | -$1.1M-210.9% |
| EPS (Basic) | -$0.19-58.3% | -$0.23-155.6% | -$0.12-103.5% | -$0.21-110.0% | -$0.12+42.9% | -$0.09+10.0% | $3.39+853.3% | -$0.10-200.0% |
| EPS (Diluted) | -$0.19-58.3% | -$0.23-155.6% | -$0.12-103.6% | -$0.21-110.0% | -$0.12+42.9% | -$0.09+10.0% | $3.32+837.8% | -$0.10-200.0% |
| Diluted Shares (Avg) | 11M-0.1% | 11M-0.8% | N/A | 11M+1.6% | 11M+1.7% | 11M+8.2% | N/A | 11M+6.5% |
PPSI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $31.5M-19.4% | $33.0M-30.4% | $35.5M-46.2% | $37.6M-6.2% | $39.1M+2.9% | $47.5M+20.8% | $66.0M+99.7% | $40.1M+12.2% |
| Current Assets | $22.6M-22.8% | $23.7M-38.6% | $25.5M-54.9% | $29.0M-7.7% | $29.3M-11.2% | $38.6M+12.6% | $56.7M+104.7% | $31.5M+4.0% |
| Cash & Equivalents | $10.7M-40.7% | $13.6M-47.4% | $15.0M-64.1% | $17.3M+462.9% | $18.0M+176.4% | $25.8M+315.0% | $41.6M+1062.0% | $3.1M-59.4% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $6.6M+13.8% | $5.8M-9.6% | $6.3M+4.1% | $6.8M-57.9% | $5.8M-54.3% | $6.5M-32.7% | $6.1M+97.1% | $16.1M+75.3% |
| Accounts Receivable | $4.2M-13.0% | $3.4M-37.1% | $3.1M-60.0% | $4.6M-53.0% | $4.9M-17.2% | $5.3M-52.3% | $7.8M+542.0% | $9.8M+22.9% |
| Long-Term Investments | $0-100.0% | $0-100.0% | $418K-79.1% | $821K-59.0% | $2.2M | $1.9M | $2.0M | $2.0M |
| Total Liabilities | $6.8M+11.5% | $6.2M-52.2% | $6.1M-79.9% | $6.9M-72.9% | $6.1M-72.7% | $13.0M-39.0% | $30.5M+62.3% | $25.4M+47.5% |
| Current Liabilities | $5.5M+1.8% | $5.1M-59.3% | $4.9M-83.7% | $6.3M-71.9% | $5.4M-75.3% | $12.5M-40.0% | $30.0M+64.2% | $22.4M+35.0% |
| Non-Current Liabilities | $1.3M+89.8% | $1.1M+130.3% | $1.3M+130.9% | $600K-80.2% | $668K+85.0% | $488K+10.7% | $544K+0.4% | $3.0M+366.4% |
| Total Equity | $24.8M-25.0% | $26.8M-22.3% | $29.3M-17.3% | $30.7M+109.1% | $33.0M+109.3% | $34.5M+91.1% | $35.4M+149.2% | $14.7M-20.6% |
| Retained Earnings | -$10.6M-368.1% | -$8.5M-815.7% | -$6.0M | -$4.6M+80.9% | -$2.3M+90.2% | -$929K+95.5% | N/A | -$24.1M-59.1% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
PPSI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$2.7M+49.9% | -$887K-159.1% | -$1.0M+50.4% | -$817K+70.2% | -$5.5M-1057.1% | $1.5M+177.0% | -$2.1M+42.9% | -$2.7M-361.1% |
| Depreciation & Amortization | $285K-5.3% | $298K+6.0% | $319K+13.5% | $263K+22.3% | $301K+54.4% | $281K+82.5% | $281K+242.7% | $215K+3.9% |
| Stock-Based Compensation | $1K-50.0% | $10K-23.1% | N/A | $10K-23.1% | $2K-97.9% | $13K-94.2% | N/A | $13K-95.4% |
| Capital Expenditures | $76K-47.6% | $233K-60.8% | $1.1M-53.9% | $792K+19.5% | $145K-63.8% | $595K+179.3% | $2.5M+1543.7% | $663K-56.8% |
| Free Cash Flow | -$2.8M+49.8% | -$1.1M-223.5% | -$2.2M+52.3% | -$1.6M+52.7% | -$5.6M-3400.0% | $907K+141.9% | -$4.6M-19.9% | -$3.4M-59.8% |
| Investing Cash Flow | -$145K+93.8% | -$459K+22.9% | -$1.1M-102.9% | $189K+128.5% | -$2.3M-484.8% | -$595K-179.3% | $40.2M+26691.4% | -$663K+56.8% |
| Financing Cash Flow | -$31K0.0% | -$30K+99.8% | -$194K-140.2% | -$35K-16.7% | -$31K-127.0% | -$16.7M-447.1% | $483K+366.9% | -$30K-134.9% |
| Dividends Paid | N/A | N/A | $0 | $0 | $0 | $16.7M | N/A | N/A |
Not reported in any period shown, so not listed: Share Buybacks.
PPSI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.9%+29.4pp | 14.5%+20.5pp | 16.5%-12.4pp | 9.3%-14.4pp | -8.5%-27.4pp | -6.0%-22.2pp | 28.9% | 23.7%-8.6pp |
| Operating Margin | -42.5%-16.3pp | -50.4%-12.6pp | -13.6%-2.6pp | -21.0%-9.9pp | -26.3%+24.8pp | -37.7%+14.3pp | -11.0% | -11.1%-19.3pp |
| Net Margin | -43.7%-23.3pp | -62.5%-47.6pp | -17.4% | -34.1%-16.7pp | -20.4%+46.8pp | -14.9%+16.3pp | 372.1% | -17.5%-26.3pp |
| Return on Equity | -8.3%-4.3pp | -9.3%-6.7pp | -4.7%-107.2pp | -7.6%0.0pp | -4.0%+10.4pp | -2.7%+3.0pp | 102.4% | -7.6%-13.1pp |
| Return on Assets | -6.5%-3.1pp | -7.6%-5.6pp | -3.9%-59.0pp | -6.3%-3.5pp | -3.4%+2.6pp | -2.0%+0.7pp | 55.0% | -2.8%-5.6pp |
| Current Ratio | 4.11-1.3x | 4.68+1.6x | 5.23+3.3x | 4.62+3.2x | 5.42+3.9x | 3.10+1.4x | 1.89+0.4x | 1.41-0.4x |
| Debt-to-Equity | 0.27+0.1x | 0.23-0.1x | 0.21-0.7x | 0.22-1.5x | 0.18-1.2x | 0.38-0.8x | 0.86-0.5x | 1.73+0.8x |
| Asset Turnover | 0.150.0x | 0.120.0x | 0.23+0.1x | 0.180.0x | 0.17+0.1x | 0.130.0x | 0.15 | 0.16-0.2x |
| FCF Margin | -59.7%+26.6pp | -27.9%-42.5pp | -27.2%+19.7pp | -23.4%+29.7pp | -86.3%-91.3pp | 14.6%+79.8pp | -46.9% | -53.0%-34.4pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Pioneer Power Solutions, Inc. PPSI | FY2025 | $27.6M | -$6.0M | -21.7% | $34.2M | 53/100 |
| RF Industries Ltd RFIL | FY2025 | $80.6M | $75 | 0.0% | $90.1M | 41/100 |
| CBAK Energy Technology Limited CBAT | FY2025 | $195.2M | -$9.4M | -4.8% | $93.1M | 41/100 |
| Ultralife Corporation ULBI | FY2025 | $191.2M | -$5.9M | -3.1% | $104.3M | 42/100 |
| Espey Mfg. & Electronics Corp ESP | FY2026 | $46.1M | $11.2M | 24.2% | $172.0M | 72/100 |
| NeoVolta Inc. NEOV | FY2026 | $13.3M | -$21.5M | N/A | $154.0M | 42/100 |
Where Pioneer Power Solutions, Inc. Ranks
Frequently Asked Questions
What is Pioneer Power Solutions, Inc.'s annual revenue?
Pioneer Power Solutions, Inc. (PPSI) reported $27.6M in total revenue for fiscal year 2025. This represents a 20.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Pioneer Power Solutions, Inc.'s revenue growing?
Pioneer Power Solutions, Inc. (PPSI) revenue grew by 20.8% year-over-year, from $22.9M to $27.6M in fiscal year 2025.
Is Pioneer Power Solutions, Inc. profitable?
No, Pioneer Power Solutions, Inc. (PPSI) reported a net income of -$6.0M in fiscal year 2025, with a net profit margin of -21.7%.
What is Pioneer Power Solutions, Inc.'s EBITDA?
Pioneer Power Solutions, Inc. (PPSI) had EBITDA of -$5.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Pioneer Power Solutions, Inc.'s gross margin?
Pioneer Power Solutions, Inc. (PPSI) had a gross margin of 12.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Pioneer Power Solutions, Inc.'s operating margin?
Pioneer Power Solutions, Inc. (PPSI) had an operating margin of -23.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Pioneer Power Solutions, Inc.'s net profit margin?
Pioneer Power Solutions, Inc. (PPSI) had a net profit margin of -21.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Pioneer Power Solutions, Inc.'s return on equity (ROE)?
Pioneer Power Solutions, Inc. (PPSI) has a return on equity of -20.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Pioneer Power Solutions, Inc.'s free cash flow?
Pioneer Power Solutions, Inc. (PPSI) recorded an outflow of $8.5M in free cash flow during fiscal year 2025. This represents a 14.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Pioneer Power Solutions, Inc.'s operating cash flow?
Pioneer Power Solutions, Inc. (PPSI) recorded an outflow of $5.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Pioneer Power Solutions, Inc.'s total assets?
Pioneer Power Solutions, Inc. (PPSI) had $35.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Pioneer Power Solutions, Inc.'s capital expenditures?
Pioneer Power Solutions, Inc. (PPSI) invested $2.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Pioneer Power Solutions, Inc. spend on research and development?
Pioneer Power Solutions, Inc. (PPSI) invested $875K in research and development during fiscal year 2025.
What is Pioneer Power Solutions, Inc.'s current ratio?
Pioneer Power Solutions, Inc. (PPSI) had a current ratio of 5.23 as of fiscal year 2025, which is generally considered healthy.
What is Pioneer Power Solutions, Inc.'s debt-to-equity ratio?
Pioneer Power Solutions, Inc. (PPSI) had a debt-to-equity ratio of 0.21 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Pioneer Power Solutions, Inc.'s return on assets (ROA)?
Pioneer Power Solutions, Inc. (PPSI) had a return on assets of -16.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Pioneer Power Solutions, Inc.'s P/E ratio?
Pioneer Power Solutions, Inc. (PPSI) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $34.2M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Pioneer Power Solutions, Inc.'s price-to-sales ratio?
Pioneer Power Solutions, Inc. (PPSI) trades at 1.4x sales, its market capitalization divided by revenue of $23.6M revenue, trailing 12 months to June 30, 2026. The market capitalization is $34.2M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Pioneer Power Solutions, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Pioneer Power Solutions, Inc. (PPSI) held $15.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $5.8M over that year. Dividing the one by the other, the reported balance equals about 32 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Pioneer Power Solutions, Inc.'s Altman Z-Score?
Pioneer Power Solutions, Inc. (PPSI) has an Altman Z-Score of 3.97, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Pioneer Power Solutions, Inc.'s Piotroski F-Score?
Pioneer Power Solutions, Inc. (PPSI) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Pioneer Power Solutions, Inc.'s earnings high quality?
Pioneer Power Solutions, Inc. (PPSI) reported a net loss of $6.0M while operations used $5.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Pioneer Power Solutions, Inc.?
Pioneer Power Solutions, Inc. (PPSI) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.