Ideal Power Inc. (IPWR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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IPWR Revenue Growth
Revenue Breakdown (FY 2024)
IPWR's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
IPWR Revenue Analysis (2014–2025)
As of May 8, 2026, Ideal Power Inc. (IPWR) generated trailing twelve-month (TTM) revenue of $37,728, reflecting significant decline in growth of -100.0% year-over-year. The most recent quarter (Q4 2025) recorded $0 in revenue, down 100.0% sequentially.
Looking at the longer-term picture, IPWR's 5-year compound annual growth rate (CAGR) stands at -38.5%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $4.3 million in 2015.
Revenue diversification analysis shows IPWR's business is primarily driven by Development Revenue (100%). With over half of revenue concentrated in Development Revenue, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including POWI (+3.1% YoY), AEIS (+22.2% YoY), and VICR (+26.1% YoY), IPWR has underperformed the peer group in terms of revenue growth. Compare IPWR vs POWI →
IPWR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| IPWRCurrent | $37,728 | -100.0% | -38.5% | -28979.0% | |
 POWI | $444M | +3.1% | -1.9% | 4.8% | |
 AEIS | $1.8B | +22.2% | +4.9% | 10.9% | |
 VICR | $408M | +26.1% | +6.6% | 9.0% | |
 MPWR | $2.8B | +26.4% | +27.0% | 26.1% | |
 ON | $6.0B | -9.0% | +2.7% | 12.5% |
IPWR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $38K | -56.1% | $-22,680 | -60.1% | $-10,933,189 | -28979.0% |
| 2024 | $86K | -56.7% | $-7,377 | -8.6% | $-11,071,175 | -12868.7% |
| 2023 | $199K | -2.2% | $38K | 19.2% | $-10,352,088 | -5205.4% |
| 2022 | $203K | -64.7% | $0 | - | $-7,342,959 | -3612.4% |
| 2021 | $576K | +34.6% | $0 | - | $-4,848,975 | -841.3% |
| 2020 | $428K | - | $0 | - | $-4,067,982 | -950.2% |
| 2019 | $0 | - | $-110,463 | - | $-3,115,263 | - |
| 2018 | $0 | -100.0% | $-137,509 | - | $-4,311,624 | - |
| 2017 | $1.2M | -25.6% | $-1,029,412 | -84.9% | $-10,352,686 | -854.0% |
| 2016 | $1.6M | -61.8% | $-310,972 | -19.1% | $-11,017,137 | -676.4% |
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Start ComparisonIPWR — Frequently Asked Questions
Quick answers to the most common questions about buying IPWR stock.
Is IPWR's revenue growth accelerating or slowing?
IPWR revenue declined -100.0% year-over-year, contrasting with the 5-year CAGR of -38.5%. TTM revenue fell to $37728.00. This reverses the prior growth trend.
What is IPWR's long-term revenue growth rate?
Ideal Power Inc.'s 5-year revenue CAGR of -38.5% reflects the variable expansion pattern. Current YoY growth of -100.0% is below this long-term average.
How is IPWR's revenue distributed by segment?
IPWR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.