Growth Metrics

iPower (IPW) Operating Margin (2020 - 2026)

iPower posted quarterly Operating Margin of 32.71% for Q1 2026, down 3062.0% year-on-year from 1.1% in Q1 2025, and up 4.3% on a QoQ basis from 34.18% in Q4 2025.

iPower (IPW) has 7 years of Operating Margin data on file, last reported at 32.71% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 3062.0% year-over-year to 32.71%; the trailing twelve-month figure through Mar 2026 stood at 23.01% (down 2146.0% YoY), and the FY2025 full-year result was 8.87%, down 775.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 32.71%, up from 34.18% in the prior quarter.
  • Across five years, Operating Margin topped out at 6.87% in Q1 2024 and bottomed at 34.18% in Q4 2025.
  • The 5-year median for Operating Margin is 14.11% (2025), against an average of 12.25%.
  • The widest annual swing landed in 2024, when Operating Margin surged 1927 bps; it then plunged 3776 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 21.2% in 2022, then rose by 28 bps to 15.19% in 2023, then jumped by 124 bps to 3.58% in 2024, then tumbled by 1054 bps to 34.18% in 2025, then climbed by 4 bps to 32.71% in 2026.
  • The last three Operating Margin figures came in at 32.71% (Q1 2026), 34.18% (Q4 2025), and 14.11% (Q3 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 -32.71%
Dec 31, 2025 -34.18%
Sep 30, 2025 -14.11%
Jun 30, 2025 -30.75%
Mar 31, 2025 -1.62%
Dec 31, 2024 3.58%
Sep 30, 2024 -14.45%
Jun 30, 2024 6.46%
Mar 31, 2024 6.87%
Dec 31, 2023 -15.19%
Sep 30, 2023 -4.79%
Jun 30, 2023 -12.81%
Mar 31, 2023 -8.95%
Dec 31, 2022 -21.20%
Sep 30, 2022 -17.65%
Dec 31, 2021 6.63%
Sep 30, 2021 7.43%
Jun 30, 2021 1.65%
Mar 31, 2021 6.01%
Dec 31, 2020 7.58%
Sep 30, 2020 7.20%
Jun 30, 2020 12.03%
Mar 31, 2020 3.48%