iPower Inc. (IPW) Operating Margin (2020 - 2026)

iPower (IPW) posted Operating Margin of 32.71% for Q1 2026, up 4.3% quarter-over-quarter from 34.18% in Q4 2025, and down 3062.0% year-on-year from 1.1% in Q1 2025.

iPower Inc. (IPW) Operating Margin (2020 - 2026) Analysis & Trends

iPower (IPW) has reported Operating Margin for 7 consecutive years, with 32.71% the latest figure, recorded in Q1 2026.

  • Operating Margin for Q1 2026 came in at 32.71%, down 3062.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.01% (down 2146.0% YoY), and the FY2025 annual result was 8.87%, down 775.0% from the prior year.
  • Operating Margin was 32.71% for Q1 2026 at iPower, up from 34.18% in the prior quarter.
  • Over five years, Operating Margin peaked at 6.87% in Q1 2024 and troughed at 34.18% in Q4 2025.
  • Average Operating Margin over 5 years is 12.25%, with a median of 14.11% recorded in 2025.
  • Year-over-year, Operating Margin jumped 1927 bps in 2024 and plunged 3776 bps in 2025.
  • Over 5 years, Operating Margin stood at 21.2% in 2022, then advanced by 28 bps to 15.19% in 2023, then soared by 124 bps to 3.58% in 2024, then tumbled by 1054 bps to 34.18% in 2025, then increased by 4 bps to 32.71% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 32.71% in Q1 2026, 34.18% in Q4 2025, and 14.11% in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -32.71%
Dec 31, 2025 -34.18%
Sep 30, 2025 -14.11%
Jun 30, 2025 -22.53%
Mar 31, 2025 -2.09%
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%