iPower (IPW) Net Margin (2020 - 2026)
iPower (IPW) reported Net Margin of 98.75% for Q1 2026, down 9663.0% on a YoY basis from 1.03% in Q1 2025, and down 490.33% quarter-over-quarter from 16.73% in Q4 2025.
iPower (IPW) Net Margin (2020 - 2026) Analysis & Trends
iPower has reported Net Margin for 7 years, with the latest figure at 98.75% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 9663.0% year-over-year to 98.75%; the trailing twelve-month figure through Mar 2026 stood at 22.13% (down 2010.0% YoY), and the FY2025 full-year result was 7.51%, down 574.0% from the prior year.
- Net Margin for Q1 2026 stood at 98.75%, down from 16.73% in the prior quarter.
- The five-year high for Net Margin was 4.36% in Q1 2024, with the low at 98.75% in Q1 2026.
- Historically, Net Margin has averaged 14.29% across 5 years, with a median of 10.68% in 2024.
- Annual changes were most pronounced in 2024 — Net Margin soared 1604 bps — and 2026, when it tumbled 9663 bps.
- iPower's Net Margin stood at 17.09% in 2022, then soared by 33 bps to 11.4% in 2023, then surged by 110 bps to 1.15% in 2024, then sank by 1558 bps to 16.73% in 2025, then tumbled by 490 bps to 98.75% in 2026.
- The last three Net Margin figures came in at 98.75% (Q1 2026), 16.73% (Q4 2025), and 4.44% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 16.68% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 4.71% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.53% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | 19.81% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | - |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -3.13% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | -0.43% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -3.58% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 14.13% |
| 10 | iPower | 3.59 Mn | 2.83 Mn | 755,549.00 | -98.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -98.75% |
| Dec 31, 2025 | -16.73% |
| Sep 30, 2025 | -4.44% |
| Jun 30, 2025 | -20.88% |
| Mar 31, 2025 | -2.12% |
| Dec 31, 2024 | 1.15% |
| Sep 30, 2024 | -10.68% |
| Jun 30, 2024 | 3.38% |
| Mar 31, 2024 | 4.36% |
| Dec 31, 2023 | -11.40% |
| Sep 30, 2023 | -4.85% |
| Jun 30, 2023 | -12.66% |
| Mar 31, 2023 | -7.57% |
| Dec 31, 2022 | -17.09% |
| Sep 30, 2022 | -16.07% |
| Dec 31, 2021 | 4.66% |
| Sep 30, 2021 | 5.11% |
| Jun 30, 2021 | -12.94% |
| Mar 31, 2021 | -1.57% |
| Dec 31, 2020 | 5.11% |