iPower Inc. (IPW) Income Statement
IPW FY2026 at a glance
Fiscal year ended June 30, 2026 · U.S. dollarsIPW revenue and net income
Where IPW's revenue goes
FY2026Each bar shows an amount and its share of revenue. IPW kept −58.2% of revenue as net income.
IPW profit margins
IPW growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −69.8% | −39.2% | −18.1% | — |
| Gross profit | −86.1% | −51.2% | −29.3% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IPW quarterly EPS vs estimates
iPower beat the analyst EPS estimate in 1 of the last 5 quarters. Next report: November 13, 2026.
IPW income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $20.0M | $66.1M | $86.1M | $88.9M | $79.4M | $54.1M | $39.9M | $22.8M |
| Cost of revenue | $15.9M | $37.1M | $46.8M | $54.1M | $46.2M | $31.3M | $24.8M | $15.0M |
| Gross profit | $4.0M | $29.0M | $39.3M | $34.8M | $33.2M | $22.8M | $15.1M | $7.9M |
| Sales, general & admin | $15.4M | $34.9M | $39.1M | $45.2M | $30.9M | $19.9M | $12.2M | $7.0M |
| Total operating expenses | $18.5M | $34.9M | $40.2M | $48.3M | $30.9M | $19.9M | $12.2M | $7.0M |
| Operating income | −$14.4M | −$5.9M | −$962,892 | −$13.5M | $2.3M | $3.0M | $2.9M | $834,673 |
| Interest income | — | $450,540 | $793,940 | $1.1M | $464,780 | $153,790 | $168,280 | — |
| Interest expense | $851,837 | $436,201 | $788,425 | $1.1M | $538,169 | $301,924 | $147,549 | $110,779 |
| Income before taxes | −$16.5M | −$6.2M | −$1.8M | −$14.7M | $2.1M | −$8,987 | $2.8M | $723,894 |
| Income taxes | −$3.1M | −$1.3M | −$251,365 | −$2.7M | $558,975 | $766,762 | $773,438 | $195,496 |
| Net income | −$11.6M | −$5.0M | −$1.5M | −$12.0M | $1.5M | −$775,749 | $2.0M | $528,398 |
| EBITDA | −$13.6M | −$3.2M | $1.5M | −$12.8M | $3.2M | $305,028 | $2.9M | $834,673 |
| EPS (diluted) | −$135.56 | −$14.40 | −$16.78 | −$38.78 | $5.31 | −$21.01 | $198.70 | $45.55 |
| Gross margin | 20.2% | 43.8% | 45.6% | 39.1% | 41.8% | 42.2% | 37.9% | 34.5% |
| Operating margin | −72.3% | −8.9% | −1.1% | −15.2% | 2.9% | 5.5% | 7.3% | 3.7% |
| Net margin | −58.2% | −7.5% | −1.8% | −13.5% | 1.9% | −1.4% | 5.0% | 2.3% |
| Sep '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4M | $3.5M | $7.1M | $12.0M | $11.5M | $16.6M | $19.1M | $19.0M | $19.5M | $23.3M | $16.8M | $26.5M |
| Cost of revenue | $4.2M | $2.7M | $4.0M | $7.2M | $6.6M | $9.4M | $10.7M | $10.5M | $10.2M | $12.9M | $9.5M | $14.7M |
| Gross profit | −$2.8M | $755,549 | $3.1M | $4.8M | $4.9M | $7.2M | $8.4M | $8.5M | $9.2M | $10.4M | $7.3M | $11.8M |
| Sales, general & admin | $3.5M | $1.9M | $5.6M | $6.5M | $8.5M | $7.4M | $7.7M | $11.2M | $8.0M | $8.8M | $9.9M | $13.0M |
| Total operating expenses | $3.5M | $1.9M | $5.6M | $6.5M | $15.0M | $7.4M | $7.7M | $11.2M | $8.0M | $8.8M | $9.9M | $13.0M |
| Operating income | −$6.3M | −$1.1M | −$2.4M | −$1.7M | −$3.5M | −$269,003 | $683,607 | −$2.7M | $1.3M | $1.6M | −$2.6M | −$1.3M |
| Interest income | — | — | $15,140 | $61,720 | $85,240 | $82,960 | $141,470 | $140,880 | — | — | — | — |
| Interest expense | $240,729 | $432,167 | $167,222 | $61,719 | — | $81,968 | $140,672 | $139,962 | $196,249 | $181,199 | $182,612 | $228,365 |
| Income before taxes | −$8.1M | −$5.6M | −$2.0M | −$997,232 | −$3.6M | −$316,356 | $336,175 | −$2.7M | $989,726 | $1.4M | −$2.6M | −$1.6M |
| Income taxes | −$1.2M | −$326,502 | −$820,508 | −$463,584 | — | $26,017 | $120,511 | −$636,512 | $336,309 | $377,147 | −$688,939 | −$275,882 |
| Net income | −$6.4M | −$3.5M | −$1.2M | −$533,648 | −$2.8M | −$339,599 | $218,819 | −$2.0M | $657,102 | $1.0M | −$1.9M | −$1.3M |
| EBITDA | −$7.6M | −$4.7M | −$1.3M | −$424,936 | — | $435,332 | $1.1M | −$1.8M | $3.1M | $2.3M | −$2.2M | −$1.1M |
| EPS (diluted) | — | −$19.01 | −$77.94 | −$0.09 | $0.00 | −$0.01 | $0.01 | −$14.40 | $0.02 | $7.20 | −$14.40 | −$9.60 |
| Gross margin | −195.2% | 21.6% | 44.0% | 40.0% | 43.0% | 43.3% | 44.0% | 44.7% | 47.4% | 44.5% | 43.6% | 44.4% |
| Operating margin | −436.3% | −32.7% | −34.2% | −14.1% | −30.8% | −1.6% | 3.6% | −14.4% | 6.5% | 6.9% | −15.2% | −4.8% |
| Net margin | −449.4% | −98.7% | −16.7% | −4.4% | −24.5% | −2.0% | 1.1% | −10.7% | 3.4% | 4.4% | −11.4% | −4.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IPW's financial statements (latest annual report filed October 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IPW financial results
In fiscal year 2026 (ended June 30, 2026), iPower reported revenue of $20.0 million, down 69.8% from the year before. It had a net loss of $11.6 million, a net profit margin of −58.2%. Diluted earnings per share came to −$135.56. Over five years revenue grew at an average rate of −18.1% a year.
See the IPW stock overview for the latest quote and news, or the IPW chart for price history and technical indicators.
IPW income statement FAQ
What is iPower's annual revenue?
iPower reported total revenue of $20.0 million for fiscal year 2026, which ended on June 30, 2026. That was down 69.8% from $66.1 million the previous year.
Is iPower profitable?
No. iPower reported a net loss of $11.6 million in fiscal 2026, a net profit margin of −58.2%; its operating margin was −72.3%.
What is iPower's gross margin?
iPower's gross margin was 20.2% in fiscal 2026: for every $100 of revenue, iPower kept $20 after the direct cost of its products and services.
How fast is iPower growing?
Revenue grew −18.1% a year on average over the last five fiscal years, from $54.1 million to $20.0 million.
What are iPower's earnings per share?
iPower earned $-135.56 per diluted share in fiscal 2026, compared with $-14.40 a year earlier.
When will iPower report its next earnings?
iPower is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does iPower's fiscal year end?
iPower's fiscal year ends in June. The latest annual report covers the year ended June 30, 2026 and was filed on October 2, 2026.