PPSI
Pioneer Power Solutions, Inc.
PPSI has lower modeled downside risk, despite its lower overall score.
RDW
Redwire Corporation
RDW has the edge over PPSI overall, supported by stronger fundamentals and stronger modeled upside.
PPSI Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Under pressure | |
| Strong |
PPSI's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
PPSI PE Valuation
PPSI has no meaningful PE right now: it lost money over the past year.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
PPSI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect PPSI's losses to shrink, with revenue growing.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
PPSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.75 | -125% |
| Q1 2026 | -$0.68 | -123% |
| Q4 2025 | -$0.54 | -119% |
| Q3 2025 | $2.89 | +$3.74 |
| Q2 2025 | $3.00 | +$3.65 |
| Q1 2025 | $2.91 | +$3.38 |
| Q4 2024 | $2.90 | +$3.26 |
| Q3 2024 | -$0.85 | -572% |
PPSI has the edge over RDW on earnings, with more consistent year-over-year improvement.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
PPSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.7M | -44% |
| Q1 2026 | $4M | -41% |
| Q4 2025 | $5.6M | +7.1% |
| Q3 2025 | $6.9M | -37% |
| Q2 2025 | $8.4M | +32% |
| Q1 2025 | $6.7M | -22% |
| Q4 2024 | $5.3M | -38% |
| Q3 2024 | $10.9M | -12% |
PPSI's revenue has slid since its 2023 peak: $5M last quarter, down 44% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -43% | -22 points |
| Q1 2026 | -50% | -16 points |
| Q4 2025 | -19% | +60 points |
| Q3 2025 | -21% | -11 points |
| Q2 2025 | -20% | +16 points |
| Q1 2025 | -35% | -22 points |
| Q4 2024 | -79% | -19 points |
| Q3 2024 | -10% | -18 points |
PPSI's operating margin was −43% last quarter, down 22 points from the same quarter a year ago.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW has the edge over PPSI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW has the edge over PPSI on profitability, with a higher operating margin.
PPSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$2.8M | +$2.8M |
| Q1 2026 | -$1.1M | -223% |
| Q4 2025 | -$2.2M | +$2.4M |
| Q3 2025 | -$1.6M | +$1.8M |
| Q2 2025 | -$5.6M | -3400% |
| Q1 2025 | $907K | +$3.1M |
| Q4 2024 | -$4.6M | -$758K |
| Q3 2024 | -$3.4M | -$1.3M |
PPSI has the edge over RDW on cash flow, with more consistent year-over-year improvement.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
PPSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +678 shares |
| 1 year | -0.1% | -7.8K shares |
| 3 years | +12% | +1.2M shares |
| 5 years | +27% | +2.4M shares |
| Available history | +27% | +2.4M shares |
PPSI has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
PPSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2023 | -3.9x | Net Cash |
PPSI has more cash than debt.
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
PPSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.7 | Neutral |
| Stochastic | 11.7 | Oversold |
PPSI's weekly RSI is 36 (neutral) and its Stochastic is 12 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
PPSI PE vs Industrials Sector
| Metric | PPSI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
PPSI has no meaningful PE right now: it lost money over the past year.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
PPSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.74 | 19% below |
| 20 week MA | $2.98 | 25% below |
| 50 week MA | $3.59 | 38% below |
| 100 week MA | $3.55 | 37% below |
| 200 week MA | $4.38 | 49% below |
PPSI is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
PPSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.16 | $4.28 | +98% |
| 2021 | $4.28 | $7.99 | +87% |
| 2022 | $7.99 | $2.55 | -68% |
| 2023 | $2.55 | $6.79 | +166% |
| 2024 | $6.79 | $4.08 | -40% |
| 2025 | $4.08 | $4.63 | +13% |
| 2026 YTD | $4.63 | $2.23 | -52% |
PPSI's yearly returns have swung widely, from +166% in 2023 to −68% in 2022. It's down 52% so far in 2026.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW has the edge over PPSI on returns for 2026, with the stronger performance.