iPower (IPW) Net Margin (2020 - 2026)
iPower's (IPW) quarterly Net Margin came in at 98.75% in Q1 2026, down 9663.0% YoY from 1.03% in Q1 2025, and down 490.33% on a QoQ basis from 16.73% in Q4 2025.
Analysis
iPower (IPW) Net Margin (2020 - 2026) Analysis & Trends
iPower (IPW) has 7 years of Net Margin data on file, last reported at 98.75% in Q1 2026.
- Quarterly Net Margin fell 9663.0% year-over-year to 98.75% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.13% (down 2010.0% YoY) and the FY2025 annual result came in at 7.51%, down 574.0% from the prior year.
- Net Margin slipped to 98.75% in Q1 2026, from 16.73% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 5.16% in Q1 2022 to a low of 98.75% in Q1 2026.
- A 5-year average of 13.08% and a median of 9.13% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin soared 1605 bps — and 2026, when it tumbled 9663 bps.
- Tracing IPW's Net Margin over 5 years: stood at 17.1% in 2022, then jumped by 33 bps to 11.42% 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.27 Bn | 2,612.28 Bn | 198.88 Bn | 24.31% |
| 2 | PDD Holdings | 116.19 Bn | -48,010.22 Bn | 9.45 Bn | 24.19% |
| 3 | DoorDash | 98.67 Bn | 93.32 Bn | 2.35 Bn | 4.47% |
| 4 | Mercadolibre | 98.66 Bn | 83.46 Bn | 4.16 Bn | 4.58% |
| 5 | Sea | 67.43 Bn | 59.03 Bn | 3.55 Bn | 11.53% |
| 6 | Ebay | 46.79 Bn | 43.48 Bn | 2.30 Bn | 17.55% |
| 7 | JD.com | 39.63 Bn | 7.08 Bn | 16.50 Bn | 1.85% |
| 8 | Coupang | 28.43 Bn | 22.32 Bn | 2.49 Bn | -6.44% |
| 9 | Wayfair | 12.38 Bn | 11.24 Bn | 1.05 Bn | -0.03% |
| 10 | iPower | 36,981.46 | -676,703.54 | 755,549.00 | -98.75% |
Historic Data
Download Data
Historic 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 | -11.42% |
| Sep 30, 2023 | -4.86% |
| Jun 30, 2023 | -12.67% |
| Mar 31, 2023 | -7.58% |
| Dec 31, 2022 | -17.10% |
| Sep 30, 2022 | -16.08% |
| Mar 31, 2022 | 5.16% |
| Dec 31, 2021 | 4.66% |
| Sep 30, 2021 | 5.11% |
| Jun 30, 2021 | -12.94% |
| Mar 31, 2021 | -1.57% |