PPSI
Pioneer Power Solutions, Inc.
PPSI has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB 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.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, 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.
RKLB PE Valuation
RKLB 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.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
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 swung to a loss: it lost $0.75 per share over the past year, after a profit the year before.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 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.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over PPSI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB 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 RKLB on cash flow, with more consistent year-over-year improvement.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M 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 RKLB on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% 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.
RKLB Net Leverage
RKLB'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).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
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.
RKLB PE vs Industrials Sector
RKLB 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.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over PPSI on trend strength, trading above more of its moving averages.
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.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB has the edge over PPSI on returns for 2026, with the stronger performance.