iPower (IPW) Operating Expenses (2020 - 2026)

iPower has reported Operating Expenses for 7 years, with the latest figure at $1.9 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 73.58% year-over-year to $1.9 million; the trailing twelve-month figure through Mar 2026 stood at $23.1 million (down 31.1% YoY), and the FY2025 full-year result was $34.9 million, down 10.81% from the prior year.
• Operating Expenses for Q1 2026 stood at $1.9 million, down from $5.6 million in the prior quarter.
• The five-year high for Operating Expenses was $14.6 million in Q3 2022, with the low at $1.9 million in Q1 2026.
• Historically, Operating Expenses has averaged $9.1 million across 5 years, with a median of $9.1 million in 2025.
• Annual changes were most pronounced in 2022 — Operating Expenses jumped 142.04% — and 2026, when it plunged 73.58%.
• iPower's Operating Expenses stood at $12.1 million in 2022, then slipped by 18.1% to $9.9 million in 2023, then decreased by 21.93% to $7.7 million in 2024, then decreased by 27.63% to $5.6 million in 2025, then tumbled by 65.93% to $1.9 million in 2026.
• The last three Operating Expenses figures came in at $1.9 million (Q1 2026), $5.6 million (Q4 2025), and $6.5 million (Q3 2025), per Business Quant data.