Growth Metrics

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

iPower posted quarterly Cost of Revenue of $2.7 million for Q1 2026, down 70.14% year-on-year from $9.2 million in Q1 2025, and down 31.33% on a QoQ basis from $4.0 million in Q4 2025.

iPower (IPW) has 7 years of Cost of Revenue data on file, last reported at $2.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue fell 70.14% year-over-year to $2.7 million; the trailing twelve-month figure through Mar 2026 stood at -$15.4 million (down 137.32% YoY), and the FY2025 full-year result was $435155.0, down 99.09% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $2.7 million, down from $4.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $16.0 million in Q3 2022 and bottomed at -$29.3 million in Q2 2025.
  • The 5-year median for Cost of Revenue is $10.8 million (2024), against an average of $8.5 million.
  • The widest annual swing landed in 2022, when Cost of Revenue jumped 84.53%; it then plunged 371.99% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $11.3 million in 2022, then retreated by 15.98% to $9.5 million in 2023, then rose 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.
  • The last three Cost of Revenue figures came in at $2.7 million (Q1 2026), $4.0 million (Q4 2025), and $7.2 million (Q3 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 2.74 Mn
Mar 31, 2026 2.74 Mn
Dec 31, 2025 3.99 Mn
Dec 31, 2025 3.99 Mn
Sep 30, 2025 7.21 Mn
Sep 30, 2025 7.21 Mn
Jun 30, 2025 -30.16 Mn
Jun 30, 2025 -30.16 Mn
Mar 31, 2025 9.39 Mn
Mar 31, 2025 9.39 Mn
Dec 31, 2024 10.68 Mn
Dec 31, 2024 10.68 Mn
Sep 30, 2024 10.52 Mn
Sep 30, 2024 10.52 Mn
Jun 30, 2024 10.78 Mn
Jun 30, 2024 10.78 Mn
Mar 31, 2024 12.94 Mn
Mar 31, 2024 12.94 Mn
Dec 31, 2023 9.48 Mn
Dec 31, 2023 9.48 Mn
Sep 30, 2023 14.75 Mn
Sep 30, 2023 14.75 Mn
Jun 30, 2023 14.35 Mn
Jun 30, 2023 14.35 Mn
Mar 31, 2023 12.43 Mn
Mar 31, 2023 12.43 Mn
Dec 31, 2022 11.29 Mn
Dec 31, 2022 11.29 Mn
Sep 30, 2022 16.04 Mn
Sep 30, 2022 16.04 Mn
Jun 30, 2022 13.00 Mn
Jun 30, 2022 13.00 Mn
Mar 31, 2022 13.60 Mn
Mar 31, 2022 13.60 Mn
Dec 31, 2021 9.57 Mn
Dec 31, 2021 9.57 Mn
Sep 30, 2021 10.05 Mn
Sep 30, 2021 10.05 Mn
Jun 30, 2021 8.18 Mn
Jun 30, 2021 8.18 Mn
Mar 31, 2021 7.37 Mn
Mar 31, 2021 7.37 Mn
Dec 31, 2020 6.31 Mn
Dec 31, 2020 6.31 Mn
Sep 30, 2020 9.40 Mn
Sep 30, 2020 9.40 Mn
Jun 30, 2020 8.10 Mn
Jun 30, 2020 8.10 Mn
Mar 31, 2020 1.66 Mn
Mar 31, 2020 1.66 Mn