State Ledger
Company profile

iPower Inc. CIK 1830072

Ticker
IPW (Nasdaq)
Industry
Retail-Building Materials, Hardware, Garden Supply
Headquarters
Rancho Cucamonga, CA 91730
Fiscal year end
2025 (FY)
Market Data
Close
$0.52
Change
-$0.04
Change %
-6.48%
Volume
4,196

IPW · trading date Oct 13, 2026 · previous close $0.56 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$66.14M
Net income
-$4.97M
Total assets
$35.64M
Total liabilities
$17.37M
Stockholders' equity
$18.28M
Cash & equivalents
$1.77M
Operating income
-$5.87M
Operating cash flow
-$579.2K
Capital expenditures
$163.6K

Fiscal year 2025, via 10-K filed 2025-10-09. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-8.9%
Net margin
-7.5%
Free cash flow
-$742.8K
Free cash flow margin
-1.1%
Liabilities / assets
48.7%
Equity / assets
51.3%
CapEx / revenue
0.2%
Operating cash flow / net income
0.12×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $66.14M -$4.97M $35.64M $17.37M $18.28M
2024 $86.07M -$1.53M $51.30M $28.28M $23.02M
2023 $88.90M -$11.97M $60.09M $39.23M $20.86M
2022 $79.42M $1.52M $78.58M $46.18M $32.40M
2021 $54.08M -$775.7K $35.64M $10.65M $24.99M
Company Details
SIC code
5200
State of incorporation
NV
Active filer
Yes
Most recent SEC filing
Form 424B3
2026-09-18
Financials filed via
Form 10-K
filed 2025-10-09

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Rancho Cucamonga, CA 91730
8798 9TH STREET
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:19 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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