Pioneer Power Solutions Soars 44.05% on Q2 Earnings Surge

Pioneer Power Solutions' stock surged 44.05% in pre-market trading on August 15, 2025, driven by a remarkable financial performance in the second quarter of the year.

Pioneer Power Solutions reported a significant revenue increase of 147% year-over-year to $8.4 million for the second quarter of 2025. This substantial growth was driven by the completion of several high-value orders, including a multi-year e-Boost award valued at up to $10 million in partnership with one of the largest Charging-as-a-Service (CaaS) providers in the United States. This award reflects strong product collaboration and growing national demand for mobile, clean, and rapidly deployable EV charging solutions.

The company's gross profit more than doubled, reaching $1.3 million, with a gross margin of 15.7%. Despite an operating loss from continuing operations of $1.7 million, non-GAAP operating income from continuing operations improved by $355,000 year-over-year, excluding corporate overhead expenses, research and development expenses, depreciation and amortization expenses, and non-recurring professional fees.

Pioneer Power Solutions' management reaffirmed the full-year 2025 revenue guidance of $27 million to $29 million, representing year-over-year growth of approximately 20%. The company's targeted marketing and sales efforts focused on segments actively investing in electrification have positioned it to play a critical role in high-need, high-growth areas such as state and local fleet operators, school districts, and key robotaxi service providers.