iPower (IPW) EBITDA Margin (2020 - 2026)
iPower (IPW) reported EBITDA Margin of 99.2% for Q1 2026, down 9647.0% on a YoY basis from 1.04% in Q1 2025, and down 492.83% quarter-over-quarter from 16.73% in Q4 2025.
iPower (IPW) EBITDA Margin (2020 - 2026) Analysis & Trends
iPower has reported EBITDA Margin for 7 years, with the latest figure at 99.2% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 9647.0% year-over-year to 99.2%; the trailing twelve-month figure through Mar 2026 stood at 21.42% (down 1932.0% YoY), and the FY2025 full-year result was 7.13%, down 518.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 99.2%, down from 16.73% in the prior quarter.
- The five-year high for EBITDA Margin was 4.66% in Q1 2024, with the low at 99.2% in Q1 2026.
- Historically, EBITDA Margin has averaged 14.27% across 5 years, with a median of 10.97% in 2024.
- Annual changes were most pronounced in 2024 — EBITDA Margin jumped 1584 bps — and 2026, when it plunged 9647 bps.
- iPower's EBITDA Margin stood at 16.84% in 2022, then increased by 27 bps to 12.35% in 2023, then jumped by 116 bps to 1.97% in 2024, then slumped by 951 bps to 16.73% in 2025, then slumped by 493 bps to 99.2% in 2026.
- The last three EBITDA Margin figures came in at 99.2% (Q1 2026), 16.73% (Q4 2025), and 4.23% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 13.14% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 6.91% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.81% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 22.37% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 19.78% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -2.85% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -1.90% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.38% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 17.86% |
| 10 | iPower | 3.59 Mn | 2.83 Mn | 755,549.00 | -99.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -99.20% |
| Dec 31, 2025 | -16.73% |
| Sep 30, 2025 | -4.23% |
| Jun 30, 2025 | -19.05% |
| Mar 31, 2025 | -2.73% |
| Dec 31, 2024 | 1.97% |
| Sep 30, 2024 | -10.97% |
| Jun 30, 2024 | 3.09% |
| Mar 31, 2024 | 4.66% |
| Dec 31, 2023 | -12.35% |
| Sep 30, 2023 | -4.86% |
| Jun 30, 2023 | -12.75% |
| Mar 31, 2023 | -7.48% |
| Dec 31, 2022 | -16.84% |
| Sep 30, 2022 | -16.50% |
| Dec 31, 2021 | 4.66% |
| Sep 30, 2021 | 5.11% |
| Jun 30, 2021 | 1.65% |
| Mar 31, 2021 | 6.01% |
| Dec 31, 2020 | 7.58% |