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iPower Inc.(IPW)Earnings, Financials & Key Ratios
IPW•NASDAQ
$2.10
Price updated Jun 27, 2026
AboutiPower Inc. engages in the online retail of hydroponics equipment in the United States. It offers various products, including advanced indoor and greenhouse grow-light systems, ventilation systems, activated carbon filters, nutrients, growing media, hydroponic water-resistant grow tents, trimming machines, pumps, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products under the iPower and Simple Deluxe brands through its Zenhydro.com website and various third-party e-commerce channels. The company was formerly known as BZRTH Inc. and changed its name to iPower Inc. in September 2020. iPower Inc. was incorporated in 2018 and is based in Duarte, California.Show more
- Revenue$66M-23.2%
- EBITDA-$3M-314.1%
- Net Income-$5M-225.1%
- EPS (Diluted)-37.92-209.8%
- Gross Margin43.84%-3.9%
- EBITDA Margin-5.01%-378.6%
- Operating Margin-8.87%-692.7%
- Net Margin-7.51%-323.1%
- ROE-24.06%-245.5%
IPW Price & Volume
iPower Inc. (IPW) stock price & volume — 10-year historical chart
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Severe Revenue Contraction Threatens iPower Operational Viability
Investment Thesis • Updated 2026Q3
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial Position:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and solvency constraints
"iPower faces a critical inflection point as revenue plummeted from $23.3 million in 2024Q3 to $3.5 million in 2026Q3, signaling a fundamental breakdown in its e-commerce market positioning. The company's inability to maintain positive operating margins, which reached -32.7% in the most recent quarter, combined with a dwindling cash reserve of $713.7 thousand, suggests significant solvency risks. Investors should remain cautious as the firm struggles to stabilize its cost structure against a backdrop of persistent net losses and eroding shareholder equity."
Verdict Logic
the company's cash reserves have plummeted to $713.7 thousand, creating a precarious liquidity profile that necessitates immediate and potentially dilutive capital intervention.
IPW Growth Metrics
iPower Inc. (IPW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years10.62%
3 Years-5.92%
TTM-53.93%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-435.85%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-458%
Return on Capital
10 Years30.62%
5 Years-6.18%
3 Years-18.75%
Last Year-24.08%
Peers Comparison
Key metrics vs top competitors for iPower Inc. (IPW)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.10 | $305.13K | -0.06 | -23.15% | -7.51% | -24.06% | — | |
| $1.38 | $82.93M | -3.45 | -14.36% | -11.91% | -19.51% | — | |
| $29.39 | $449.13M | 33.02 | 13.74% | 6.54% | 17.76% | — | |
| $1.48 | $55.71M | -0.97 | -2.43% | -33.33% | -97.43% | — | |
| $37.95 | $2.8B | 14.43 | -1.58% | 18.26% | 8.36% | — | |
| $6.22 | $50.12M | -0.76 | -7.02% | -6.97% | -61.91% | — |
Compare IPW vs Peers
iPower Inc. (IPW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
IPW SEC Filings & Documents
iPower Inc. (IPW) SEC filings — annual & quarterly reports (10-K, 10-Q)
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IPW Frequently Asked Questions
iPower Inc. (IPW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is iPower Inc.'s revenue?
iPower Inc. (IPW) reported $34.1M in revenue for fiscal year 2025. This represents a 49% increase from $22.8M in 2019.
How fast is iPower Inc. growing?
iPower Inc. (IPW) saw revenue decline by 23.2% over the past year.
Is IPW profitable?
iPower Inc. (IPW) reported a net loss of $8.0M for fiscal year 2025.
Dividend & Returns
What is IPW's return on equity?
iPower Inc. (IPW) has a return on equity (ROE) of -24.1%. Negative ROE indicates the company is unprofitable.
What is iPower Inc.'s free cash flow?
iPower Inc. (IPW) generated $430.40B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.