--- title: "Pioneer Acquisition I Corp 1Q 2026: Net income $1.99M, EPS $0.06— 10-Q Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/286567631.md" description: "Pioneer Acquisition I Corp reported a net income of $1.99M for Q1 2026, a significant increase from a loss of $(27.5K) in Q1 2025. The diluted earnings per share were $0.06. The company completed its IPO and private warrant sale, with proceeds held in trust for a future business combination, while incurring expenses related to legal and due diligence efforts." datetime: "2026-05-15T12:41:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286567631.md) - [en](https://longbridge.com/en/news/286567631.md) - [zh-HK](https://longbridge.com/zh-HK/news/286567631.md) --- # Pioneer Acquisition I Corp 1Q 2026: Net income $1.99M, EPS $0.06— 10-Q Summary Pioneer Acquisition I Corp reported net income of $1.99M for the first quarter of 2026, compared with a loss of $(27.5K) in the year‑ago quarter. Diluted earnings per share were $0.06 for 1Q 2026 (basic and diluted). **Financial Highlights** - Net income: $1.99M for 1Q 2026, compared with $(27.5K) in 1Q 2025. - Diluted earnings per share: $0.06 for 1Q 2026 (basic and diluted). **Business Highlights** - Completed IPO and private warrant sale; proceeds are held in a trust account to fund an intended business combination. - The company has not commenced operations and will generate revenue only after completing a business combination. - Substantially all proceeds invested in Treasuries and money market instruments allocated to an initial acquisition. - Incurring legal, due diligence and listing expenses while actively searching for a target and pursuing a business combination. Original SEC Filing: Pioneer Acquisition I Corp \[ PACH \] - 10-Q - May. 15, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [PACHU.US](https://longbridge.com/en/quote/PACHU.US.md) - [PACH.US](https://longbridge.com/en/quote/PACH.US.md) ## Related News & Research - [1 surprising way Oklo could benefit from the looming SpaceX IPO](https://longbridge.com/en/news/286652457.md) - [Cerebras IPO Euphoria Sends CBRS Stock Into Rare Air](https://longbridge.com/en/news/286763495.md) - [Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance | AAP Stock News](https://longbridge.com/en/news/287202242.md) - [Aperture AC Announces the Pricing of $90,000,000 Initial Public Offering | APUR Stock News](https://longbridge.com/en/news/287124227.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md)