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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,942.47 Bn 2,819.48 Bn 198.88 Bn 24.31%
2 PDD Holdings 506.71 Bn 447.16 Bn 9.83 Bn 19.81%
3 Mercadolibre 98.29 Bn 83.09 Bn 4.16 Bn 4.58%
4 DoorDash 92.84 Bn 87.49 Bn 2.35 Bn 4.47%
5 JD.com 87.21 Bn 58.03 Bn 7.66 Bn 1.62%
6 Sea 77.70 Bn 69.18 Bn 3.15 Bn 12.24%
7 Ebay 47.31 Bn 44.00 Bn 2.30 Bn -0.06%
8 Coupang 29.56 Bn 23.45 Bn 2.49 Bn -6.44%
9 Zkh 16.36 Bn 16.36 Bn 51.11 Mn 0.00%
10 iPower 708,762.62 -4,922.38 755,549.00 -98.75%

Historic Data

Download Data
DateValue
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%