Pioneer Power Solutions, Inc. reported financial results for the second quarter ended June 30, 2026. Revenue decreased 40% to $5.0 million from $8.4 million in the prior year period, primarily due to lower sales of mobile EV charging solutions. The company posted a net loss of $2.1 million and an operating loss of $2.0 million. Backlog grew 32% sequentially to $18.4 million, driven by demand for its PRYMUS on-site power system. Management projects second-half 2026 revenue of approximately $15.0 million, representing over 60% growth compared to the first half. The company holds $10.7 million in cash and has no bank debt. Pioneer Power Solutions operates in the distributed energy resources, power generation equipment, and mobile electric vehicle charging solutions industry.