Pioneer Power Solutions Soars 31.83% on Q2 Earnings Surge

Pioneer Power Solutions' stock surged 31.83% in pre-market trading on August 15, 2025, driven by a robust earnings report for the second quarter of 2025.

Pioneer Power Solutions reported a significant revenue increase of 147% year-over-year to $8.4 million for the second quarter of 2025. This growth was primarily driven by the completion of several high-value orders and the strong demand for the company's mobile EV charging solutions, e-Boost. The company's gross profit also more than doubled, reaching $1.3 million with a gross margin of approximately 16%.

During the quarter, Pioneer secured a multi-year e-Boost award valued at up to $10 million in partnership with a leading Charging-as-a-Service (CaaS) provider in the United States. This award reflects the growing national demand for mobile, clean, and rapidly deployable EV charging solutions. The company's targeted marketing and sales efforts have positioned it to play a critical role in the scaling of these high-need, high-growth markets.

Pioneer reaffirmed its revenue guidance for the full year of 2025, projecting revenue between $27 million and $29 million. This guidance represents year-over-year growth of approximately 20%. The company's strong financial performance and strategic partnerships have positioned it for continued growth and profitability in the coming quarters.