• Pioneer Power Solutions posted a net loss of USD 2.51 million, widening from a year earlier, as revenue fell 36.7% to USD 4.27 million.
• Operating loss narrowed 13.9% to USD 2.02 million, while gross margin expanded 11.4 percentage points to 13.6%.
• Other expense swung to USD 644,000, driven by a loss on an equity-method investment.
• Backlog dropped 40% to USD 13.95 million, while cash on hand totaled USD 13.58 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pioneer Power Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023939), on May 15, 2026, and is solely responsible for the information contained therein.