Revenue Growth
Revenue for the third quarter of 2025 was $6.9 million, an increase of 7.4% year over year. Year-to-date revenue reached $22 million, up 68% compared to the same period last year.
Strong Order Momentum
Pioneer Power Solutions completed delivery of a 25-unit eBoost order for a school district project worth $1.3 million, highlighting their leadership in fleet electrification.
Expansion into Distributed Power Market
Over $700,000 in product deliveries and an additional $750,000 in new purchase orders were secured in the distributed power market.
PowerCore Product Launch
The rebranding and upcoming launch of the HomeBoost power unit as PowerCore is set to expand market reach, targeting both residential and light commercial segments.
Positive Guidance Reaffirmed
The company reaffirmed its full-year 2025 revenue guidance of $27 million to $29 million, representing approximately 20% year-over-year growth.