iPower (IPW) Payables (2020 - 2026)
iPower's (IPW) quarterly Payables came in at $4.3 million in Q1 2026, down 46.72% YoY from $8.0 million in Q1 2025, and down 6.05% on a QoQ basis from $4.6 million in Q4 2025.
iPower (IPW) Payables (2020 - 2026) Analysis & Trends
iPower (IPW) has 7 years of Payables data on file, last reported at $4.3 million in Q1 2026.
- Quarterly Payables fell 46.72% year-over-year to $4.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.3 million (down 46.72% YoY) and the FY2025 annual result came in at $7.2 million, down 38.73% from the prior year.
- Payables eased to $4.3 million in Q1 2026, from $4.6 million in the prior quarter.
- In the past five years, Payables ranged from a high of $15.0 million in Q4 2023 to a low of $3.6 million in Q3 2025.
- A 5-year average of $9.9 million and a median of $9.5 million in 2022 frame the typical range for Payables.
- Annual changes were most pronounced in 2022 — Payables surged 166.39% — and 2025, when it slumped 56.86%.
- Tracing IPW's Payables over 5 years: stood at $12.1 million in 2022, then climbed by 23.57% to $15.0 million in 2023, then slumped by 40.84% to $8.9 million in 2024, then tumbled by 48.53% to $4.6 million in 2025, then dropped by 6.05% to $4.3 million in 2026.
- The last three Payables figures came in at $4.3 million (Q1 2026), $4.6 million (Q4 2025), and $3.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,936.71 Bn | 2,813.72 Bn | 198.88 Bn | 147.44 Bn |
| 2 | PDD Holdings | 506.48 Bn | 446.94 Bn | 9.83 Bn | 14.01 Bn |
| 3 | Mercadolibre | 98.06 Bn | 82.87 Bn | 4.16 Bn | 5.74 Bn |
| 4 | DoorDash | 93.44 Bn | 88.09 Bn | 2.35 Bn | 301.00 Mn |
| 5 | JD.com | 87.09 Bn | 57.91 Bn | 7.66 Bn | 28.22 Bn |
| 6 | Sea | 77.66 Bn | 69.14 Bn | 3.15 Bn | 1.24 Bn |
| 7 | Ebay | 47.36 Bn | 44.05 Bn | 2.30 Bn | 353.00 Mn |
| 8 | Coupang | 29.68 Bn | 23.57 Bn | 2.49 Bn | 8.31 Bn |
| 9 | Zkh | 16.19 Bn | 16.19 Bn | 51.11 Mn | 359,133.42 |
| 10 | iPower | 639,703.68 | -73,981.32 | 755,549.00 | 4.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.28 Mn |
| Dec 31, 2025 | 4.56 Mn |
| Sep 30, 2025 | 3.60 Mn |
| Jun 30, 2025 | 7.18 Mn |
| Mar 31, 2025 | 8.03 Mn |
| Dec 31, 2024 | 8.85 Mn |
| Sep 30, 2024 | 8.35 Mn |
| Jun 30, 2024 | 11.72 Mn |
| Mar 31, 2024 | 14.20 Mn |
| Dec 31, 2023 | 14.96 Mn |
| Sep 30, 2023 | 13.04 Mn |
| Jun 30, 2023 | 13.24 Mn |
| Mar 31, 2023 | 13.41 Mn |
| Dec 31, 2022 | 12.11 Mn |
| Sep 30, 2022 | 14.82 Mn |
| Jun 30, 2022 | 9.53 Mn |
| Mar 31, 2022 | 6.34 Mn |
| Dec 31, 2021 | 4.55 Mn |
| Jun 30, 2021 | 4.10 Mn |
| Mar 31, 2021 | 8.86 Mn |