iPower (IPW) Operating Expenses (2020 - 2026)
iPower's (IPW) quarterly Operating Expenses came in at $1.9 million in Q1 2026, down 73.58% YoY from $7.2 million in Q1 2025, and down 65.93% on a QoQ basis from $5.6 million in Q4 2025.
iPower (IPW) Operating Expenses (2020 - 2026) Analysis & Trends
iPower (IPW) has 7 years of Operating Expenses data on file, last reported at $1.9 million in Q1 2026.
- Quarterly Operating Expenses fell 73.58% year-over-year to $1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.1 million (down 31.1% YoY) and the FY2025 annual result came in at $34.9 million, down 10.81% from the prior year.
- Operating Expenses eased to $1.9 million in Q1 2026, from $5.6 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 $1.9 million in Q1 2026.
- A 5-year average of $9.1 million and a median of $9.1 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 142.04% — and 2026, when it plunged 73.58%.
- Tracing IPW's Operating Expenses over 5 years: 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.
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| 1 | Amazon Com | 2,934.50 Bn | 2,811.51 Bn | 198.88 Bn | 330.81 Bn |
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| 5 | JD.com | 87.38 Bn | 58.20 Bn | 7.66 Bn | -1.51 Bn |
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| 8 | Coupang | 29.85 Bn | 23.74 Bn | 2.49 Bn | 9.41 Bn |
| 9 | Zkh | 16.25 Bn | 16.25 Bn | 51.11 Mn | -23.28 Mn |
| 10 | iPower | 630,616.99 | -83,068.01 | 755,549.00 | 1.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.90 Mn |
| Dec 31, 2025 | 5.58 Mn |
| Sep 30, 2025 | 6.50 Mn |
| Jun 30, 2025 | 9.14 Mn |
| Mar 31, 2025 | 7.19 Mn |
| Dec 31, 2024 | 7.71 Mn |
| Sep 30, 2024 | 11.23 Mn |
| Jun 30, 2024 | 7.42 Mn |
| Mar 31, 2024 | 8.77 Mn |
| Dec 31, 2023 | 9.87 Mn |
| Sep 30, 2023 | 13.03 Mn |
| Jun 30, 2023 | 12.05 Mn |
| Mar 31, 2023 | 9.60 Mn |
| Dec 31, 2022 | 12.05 Mn |
| Sep 30, 2022 | 14.58 Mn |
| Jun 30, 2022 | 10.61 Mn |
| Mar 31, 2022 | 7.83 Mn |
| Dec 31, 2021 | 6.42 Mn |
| Sep 30, 2021 | 6.02 Mn |
| Jun 30, 2021 | 6.30 Mn |