Growth Metrics

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 🔒
DateValue
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%