iPower Inc.

iPower Inc.

IPW
iPower Inc.US flagNASDAQ Capital Market
3.44
USD
-0.20
- -
499,832.00Market Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
256.18
443.67
614.68
686.09
718.08
691.38
- -
150.71
Basic EPS, GAAP
5.93
22.07
-8.82
13.11
-96.65
-12.28
- -
-34.48
Free Cash Flow per Basic Share
7.93
12.25
-145.71
-147.61
73.26
49.51
- -
-3.14
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
6.37
28.38
20.14
28.44
-70.05
-81.93
- -
-135.6
Tangible Book Value per Share
5.79
32.55
284.01
184.64
109.45
131.34
- -
97.52
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
23
40
54
79
89
86
- -
23
Operating Margin (%)
3.65
7.28
5.47
2.91
-11.72
-1.12
- -
-23.3
Depreciation Expense
- -
- -
- -
- -
3
3
- -
2
Net Income, GAAP
1
2
-1
2
-12
-2
- -
-5
Effective Tax Rate (%)
27.01
28.02
- -
27.09
- -
- -
- -
- -
Profit Margin (%)
2.31
4.98
-1.43
1.91
-13.46
-1.78
- -
-22.88
Working Capital
- -
3
23
32
18
11
- -
8
LT Debt
- -
- -
2
22
16
5
- -
6
Total Equity
1
3
25
32
21
23
- -
17
Return on Invested Capital (%)
- -
56.39
- -
3.83
- -
- -
- -
- -
Return on Capital (%)
- -
64.27
- -
10.84
- -
- -
- -
- -
Return on Common Equity (%)
- -
127.25
-35.86
59.95
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
3
4
1
LT Borrowings
- -
4
4
LT Finance Leases
3
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
2
1
- -

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
12
15
14
Cash, Cash Equivalents & STI
1
2
1
Accounts Receivable, Net
5
5
7
Inventories
4
4
3
Total Current Liabilities
8
8
7
Payables & Accruals
5
4
4
ST Debt
3
4
1
Deferred Revenue
- -
- -
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27
17
23
19
86
2025
19
19
16
- -
- -
2026
12
7
3
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-10.37
-15.43
8.18
5.27
-12.28
2025
-15.5
1.67
-2.59
- -
- -
2026
-4.06
-8.66
-19.01
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Chenlong Tan
Full Time Employees
60
Sector
Consumer Cyclical
Industry
Specialty Retail
Address
2399 Bateman Avenue Rancho Cucamonga CA United States of America 91010
IPO Date
May 12, 2021
Business
iPower Inc. iPower Inc. (Nasdaq: IPW) provides tech-driven e-commerce services and operates as an online retailer and supplier of consumer hydroponic gardening equipment, general gardening supplies, home goods, pet products, outdoor items, and consumer electronics; its core offerings include grow tents, ventilation systems, LED grow lights, HPS/MH lighting, fans, shelving units, environmental controllers, nutrients, water pumps, heaters, filters, and pet supplies under proprietary brands such as iPower and Simple Deluxe, alongside third-party brands sourced primarily from over 150 suppliers in China and the U.S. The company sells through major platforms including Amazon (accounting for approximately 95% of sales), Walmart, eBay, Temu, TikTok, and its websites zenhydro.com and simpledeluxe.com, targeting home growers, hobbyists, small commercial cultivators, and general consumers across the U.S., Canada, and other international markets from fulfillment centers totaling over 220,000 square feet in California. Founded as a general partnership in 2001 and incorporated in Nevada in 2008, iPower Inc. maintains headquarters at 8798 9th Street, Rancho Cucamonga, California. Recent developments include the initiation of a U.S.-based manufacturing venture with United Package NV LLC under a "Made in USA" initiative, with equipment production underway and full operations targeted for Q4 2025; expansion of its SuperSuite platform through partnerships with Zyla by Ant International, Western Post, Amazon Logistics Services, AliExpress, and Temu U.S.; launch of a SuperSuite supplier portal; first purchase order shipments from a new Vietnam manufacturing partner; and a $5 million registered direct offering in June 2024.

Company News

APIChat
  • VPS and IPOWER Alliance Partner with Gene Steffy CDJR on Groundbreaking Solar-Integrated Hail Protection System

  • iPower Plans First Funding Tranche This Week for Previously Authorized Share Repurchase Program

  • iPower Stock Declines Post Q3 Earnings Amid Strategic Reset

  • iPower Reports Fiscal Third Quarter 2026 Results Highlighted by Lower Operating Cost Structure, Narrowed Non-GAAP Loss and Advancing AI Infrastructure Strategy

  • iPower Inc. Announces 1-for-8 Reverse Stock Split

  • iPower Launches AI Infrastructure Strategy

  • VPS and IPOWER Alliance Complete Major Multi-Location Energy Infrastructure Transformation for Transwest

  • iPower Highlights Strengthened Balance Sheet Position and Increased Strategic Flexibility

  • iPower Stockholders Re-Elect Directors, Ratify Auditor and Approve Say-on-Pay at 2026 AGM

  • iPower Adds Over $2.6 Million in Contracted, Non-Dilutive Income Through Sublease Agreement

  • IPW Plunges 80.5% in 3 Months: Should You Still Hold the Stock or Sell?

  • Crypto Hardware Partnership Sends iPower Stock Spiking: What You Should Know

  • iPower Expands into Crypto Infrastructure Hardware with Nanopulse MOU

  • iPower Reports Fiscal Q2 2026 Results and Completes Strategic Operating Reset

  • iPower Authorizes $2 Million Share Repurchase Program, First in Company History

  • Zacks Initiates Coverage of iPower With Neutral Recommendation

  • iPower Eliminates Major Cost Center and Receives $2.3 Million in Consideration as Part of Strategic Restructuring While Retaining Core Supply Chain Platform

  • iPower Accelerates SuperSuite Execution with Koala Story Onboarding and Logistics Cost Reductions

  • iPower Provides Market Update on Digital Asset Treasury Execution

  • iPower Highlights Channel Partner Role at Zyla by Ant International Event During Consumer Electronics Show