Pioneer Power Solutions Stock Soars 45.34% on Q2 Revenue Surge

On August 15, 2025, Pioneer Power Solutions experienced a remarkable surge, with its stock price rising by 45.34% in pre-market trading.

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 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 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' strong performance is attributed to targeted marketing and sales efforts focused on segments actively investing in electrification. The company is engaging directly with state and local fleet operators, school districts, key robotaxi service providers, and other organizations deploying capital to make the electric future a reality. The demand for Pioneer’s solutions remains robust, positioning the company to play a critical role as these markets scale.