iPower Inc. (IPW) Gross Margin (2020 - 2026)

iPower (IPW) has reported Gross Margin for 7 consecutive years, with 21.6% the latest figure, recorded in Q1 2026.

• Gross Margin for Q1 2026 came in at 21.6%, down 2114.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 40.94% (down 311.0% YoY), and the FY2025 annual result was 43.84%, down 46.0% from the prior year.
• Gross Margin was 21.6% for Q1 2026 at iPower, down from 44.0% in the prior quarter.
• Over five years, Gross Margin peaked at 45.17% in Q2 2025 and troughed at 21.6% in Q1 2026.
• Average Gross Margin over 5 years is 41.07%, with a median of 43.56% recorded in 2023.
• Year-over-year, Gross Margin soared 599 bps in 2023 and slumped 2114 bps in 2026.
• Over 5 years, Gross Margin stood at 41.39% in 2022, then rose by 5 bps to 43.56% in 2023, then rose by 1 bps to 43.99% in 2024, then climbed by 0 bps to 44.0% in 2025, then sank by 51 bps to 21.6% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 21.6% in Q1 2026, 44.0% in Q4 2025, and 40.0% in Q3 2025.