iPower (IPW) Revenue (2020 - 2026)
iPower's (IPW) quarterly Revenue came in at $3.5 million in Q1 2026, down 78.19% YoY from $16.0 million in Q1 2025, and down 50.95% on a QoQ basis from $7.1 million in Q4 2025.
Analysis
iPower (IPW) Revenue (2020 - 2026) Analysis & Trends
iPower (IPW) has 7 years of Revenue data on file, last reported at $3.5 million in Q1 2026.
- Quarterly Revenue fell 78.19% year-over-year to $3.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $36.1 million (down 50.87% YoY) and the FY2025 annual result came in at $66.1 million, down 23.15% from the prior year.
- Revenue fell to $3.5 million in Q1 2026, from $7.1 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $26.5 million in Q3 2023 to a low of $3.5 million in Q1 2026.
- A 5-year average of $18.0 million and a median of $19.2 million in 2022 frame the typical range for Revenue.
- Annual changes were most pronounced in 2022 — Revenue surged 73.66% — and 2026, when it tumbled 78.19%.
- Tracing IPW's Revenue over 5 years: stood at $19.3 million in 2022, then dropped by 12.75% to $16.8 million in 2023, then grew by 13.53% to $19.1 million in 2024, then tumbled by 62.6% to $7.1 million in 2025, then plunged by 50.95% to $3.5 million in 2026.
- The last three Revenue figures came in at $3.5 million (Q1 2026), $7.1 million (Q4 2025), and $12.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,741.02 Bn | 2,618.03 Bn | 198.88 Bn | 382.13 Bn |
| 2 | PDD Holdings | 116.87 Bn | -48,009.54 Bn | 9.45 Bn | 16.56 Bn |
| 3 | DoorDash | 99.36 Bn | 94.01 Bn | 2.35 Bn | 4.45 Bn |
| 4 | Mercadolibre | 98.64 Bn | 83.45 Bn | 4.16 Bn | 10.17 Bn |
| 5 | Sea | 67.99 Bn | 59.59 Bn | 3.55 Bn | 7.79 Bn |
| 6 | Ebay | 47.00 Bn | 43.69 Bn | 2.30 Bn | 3.13 Bn |
| 7 | JD.com | 39.73 Bn | 7.17 Bn | 16.50 Bn | 97.58 Bn |
| 8 | Coupang | 28.53 Bn | 22.42 Bn | 2.49 Bn | 8.86 Bn |
| 9 | Wayfair | 12.66 Bn | 11.51 Bn | 1.05 Bn | 3.52 Bn |
| 10 | iPower | 36,751.26 | -676,933.74 | 755,549.00 | 3.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 3.50 Mn |
| Dec 31, 2025 | 7.13 Mn |
| Sep 30, 2025 | 12.02 Mn |
| Jun 30, 2025 | 13.50 Mn |
| Mar 31, 2025 | 16.04 Mn |
| Dec 31, 2024 | 19.07 Mn |
| Sep 30, 2024 | 19.01 Mn |
| Jun 30, 2024 | 19.45 Mn |
| Mar 31, 2024 | 23.31 Mn |
| Dec 31, 2023 | 16.80 Mn |
| Sep 30, 2023 | 26.51 Mn |
| Jun 30, 2023 | 23.40 Mn |
| Mar 31, 2023 | 20.23 Mn |
| Dec 31, 2022 | 19.25 Mn |
| Sep 30, 2022 | 26.02 Mn |
| Mar 31, 2022 | 22.81 Mn |
| Dec 31, 2021 | 17.13 Mn |
| Sep 30, 2021 | 17.37 Mn |
| Jun 30, 2021 | 14.73 Mn |
| Mar 31, 2021 | 13.13 Mn |