iPower Inc. (IPW) Cost of Revenue (2020 - 2026)

iPower (IPW) has reported Cost of Revenue for 7 consecutive years, with $2.7 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $2.7 million, down 70.14% year-over-year; the trailing twelve-month figure through Mar 2026 was -$15.4 million (down 137.32% YoY), and the FY2025 annual result was $435155.0, down 99.09% from the prior year.
• Cost of Revenue was $2.7 million for Q1 2026 at iPower, down from $4.0 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $16.0 million in Q3 2022 and troughed at -$29.3 million in Q2 2025.
• Average Cost of Revenue over 5 years is $8.5 million, with a median of $10.8 million recorded in 2024.
• Year-over-year, Cost of Revenue soared 84.53% in 2022 and plunged 371.99% in 2025.
• Over 5 years, Cost of Revenue stood at $11.3 million in 2022, then slipped by 15.98% to $9.5 million in 2023, then advanced by 12.66% to $10.7 million in 2024, then sank by 62.61% to $4.0 million in 2025, then tumbled by 31.33% to $2.7 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $2.7 million in Q1 2026, $4.0 million in Q4 2025, and $7.2 million in Q3 2025.