iPower (IPW) Gross Margin (2020 - 2026)
iPower posted quarterly Gross Margin of 21.6% for Q1 2026, down 2114.0% year-on-year from 1.07% in Q1 2025, and down 50.92% on a QoQ basis from 44.0% in Q4 2025.
iPower (IPW) has 7 years of Gross Margin data on file, last reported at 21.6% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 2114.0% year-over-year to 21.6%; the trailing twelve-month figure through Mar 2026 stood at 40.94% (down 311.0% YoY), and the FY2025 full-year result was 43.84%, down 46.0% from the prior year.
- Gross Margin for Q1 2026 stood at 21.6%, down from 44.0% in the prior quarter.
- Across five years, Gross Margin topped out at 45.17% in Q2 2025 and bottomed at 21.6% in Q1 2026.
- The 5-year median for Gross Margin is 43.56% (2023), against an average of 41.07%.
- The widest annual swing landed in 2023, when Gross Margin jumped 599 bps; it then slumped 2114 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 41.39% in 2022, then grew by 5 bps to 43.56% in 2023, then grew by 1 bps to 43.99% in 2024, then gained by 0 bps to 44.0% in 2025, then sank by 51 bps to 21.6% in 2026.
- The last three Gross Margin figures came in at 21.6% (Q1 2026), 44.0% (Q4 2025), and 40.0% (Q3 2025), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.60% |
| Dec 31, 2025 | 44.00% |
| Sep 30, 2025 | 40.00% |
| Jun 30, 2025 | 42.98% |
| Mar 31, 2025 | 43.31% |
| Dec 31, 2024 | 43.99% |
| Sep 30, 2024 | 44.65% |
| Jun 30, 2024 | 44.60% |
| Mar 31, 2024 | 44.48% |
| Dec 31, 2023 | 43.56% |
| Sep 30, 2023 | 44.36% |
| Jun 30, 2023 | 38.68% |
| Mar 31, 2023 | 38.52% |
| Dec 31, 2022 | 41.39% |
| Sep 30, 2022 | 38.37% |
| Dec 31, 2021 | 44.13% |
| Sep 30, 2021 | 42.11% |
| Jun 30, 2021 | 44.43% |
| Mar 31, 2021 | 43.89% |
| Dec 31, 2020 | 43.96% |
| Sep 30, 2020 | 37.18% |
| Jun 30, 2020 | 44.75% |
| Mar 31, 2020 | 32.33% |