Growth Metrics

iPower (IPW) Operating Expenses (2020 - 2025)

iPower's Operating Expenses history spans 6 years, with the latest figure at $5.6 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 27.63% year-over-year to $5.6 million; the TTM value through Dec 2025 reached $28.0 million, down 20.3%, while the annual FY2025 figure was $34.9 million, 10.81% down from the prior year.
  • Operating Expenses reached $5.6 million in Q4 2025 per IPW's latest filing, down from $6.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $14.6 million in Q3 2022 to a low of $5.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $8.8 million, with a median of $8.2 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: surged 142.04% in 2022, then tumbled 42.13% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $6.4 million in 2021, then skyrocketed by 87.66% to $12.1 million in 2022, then decreased by 18.1% to $9.9 million in 2023, then dropped by 21.93% to $7.7 million in 2024, then dropped by 27.63% to $5.6 million in 2025.
  • Per Business Quant, the three most recent readings for IPW's Operating Expenses are $5.6 million (Q4 2025), $6.5 million (Q3 2025), and $8.5 million (Q2 2025).