iPower (IPW) Gross Margin (2020 - 2026)
iPower (IPW) reported Gross Margin of -195.23% for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 237.51 percentage points from 42.28% a year earlier and down 216.83 percentage points from the prior quarter.
iPower (IPW) Gross Margin (2020 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), iPower posted Gross Margin of 20.24%, down 23.05 percentage points from FY2025.
- Gross Margin has a five-year change of -21.96 percentage points (FY2021 to FY2026).
- By fiscal year, Gross Margin came in at 43.29% in FY2025 (-1.00 pp), 44.29% in FY2024 (+5.15 pp), 39.14% in FY2023 (-2.66 pp) and 41.80% in FY2022 (-0.39 pp).
- The fiscal Q4 2026 figure ranks as the lowest quarterly Gross Margin in data going back to fiscal Q3 2020.
- Year over year, Gross Margin gained in three of the last eight quarters, with an average year-over-year change of -33.33 percentage points.
- The high point for year-over-year Gross Margin in five years was fiscal Q1 2024 (a gain of 5.99 percentage points); the low point was fiscal Q4 2026 (a drop of 237.51 percentage points).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at 21.60% (Q3 2026), 44.00% (Q2 2026) and 40.00% (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.77 Bn | 2,346.47 Bn | 104.83 Bn | 52.26% |
| 2 | Home Depot | 312.24 Bn | 305.48 Bn | 16.12 Bn | 33.67% |
| 3 | Tjx Companies | 162.20 Bn | 139.75 Bn | 5.07 Bn | 33.41% |
| 4 | Lowes Companies | 109.75 Bn | 102.72 Bn | 8.58 Bn | 33.04% |
| 5 | Ross Stores | 75.33 Bn | 58.26 Bn | 2.12 Bn | 33.83% |
| 6 | O Reilly Automotive | 73.38 Bn | 72.47 Bn | 2.52 Bn | 51.45% |
| 7 | Target | 69.96 Bn | 64.55 Bn | 8.94 Bn | 33.67% |
| 8 | Autozone | 51.69 Bn | 50.59 Bn | 2.52 Bn | 52.15% |
| 9 | Carvana | 43.50 Bn | 33.99 Bn | 1.38 Bn | 18.76% |
| 10 | iPower | 9,572.67 | -4.10 Mn | -2.80 Mn | -195.23% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -195.23% |
| Mar 31, 2026 | 21.60% |
| Dec 31, 2025 | 44.00% |
| Sep 30, 2025 | 40.00% |
| Jun 30, 2025 | 42.28% |
| Mar 31, 2025 | 42.74% |
| 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% |
| Jun 30, 2022 | 41.23% |
| Mar 31, 2022 | 40.38% |
| Dec 31, 2021 | 44.13% |
| Sep 30, 2021 | 42.11% |
iPower Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=IPW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "IPW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=IPW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();