iPower (IPW) Tax Rate (2020 - 2026)

iPower (IPW) reported Tax Rate of 5.82% for Q1 2026, up 749.0% on a YoY basis from 0.69% in Q1 2025, and down 85.71% quarter-over-quarter from 40.74% in Q4 2025.

iPower (IPW) Tax Rate (2020 - 2026) Analysis & Trends

iPower has reported Tax Rate for 7 years, with the latest figure at 5.82% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 749.0% year-over-year to 5.82%; the trailing twelve-month figure through Mar 2026 stood at 19.03% (up 898.0% YoY), and the FY2025 full-year result was 20.13%, up 611.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 5.82%, down from 40.74% in the prior quarter.
  • The five-year high for Tax Rate was 46.49% in Q3 2025, with the low at 1.67% in Q1 2025.
  • Historically, Tax Rate has averaged 21.63% across 5 years, with a median of 23.85% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate slumped 76411 bps — and 2023, when it surged 2449 bps.
  • iPower's Tax Rate stood at 24.14% in 2022, then rose by 9 bps to 26.43% in 2023, then soared by 36 bps to 35.85% in 2024, then advanced by 14 bps to 40.74% in 2025, then sank by 86 bps to 5.82% in 2026.
  • The last three Tax Rate figures came in at 5.82% (Q1 2026), 40.74% (Q4 2025), and 46.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 24.00%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 27.98%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 4.19%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn -30.47%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn 17.15%
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -4.31%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn 5.40%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -0.96%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 23.40%
10 iPower 3.59 Mn 2.83 Mn 755,549.00 5.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 5.82%
Mar 31, 2026 5.82%
Dec 31, 2025 40.74%
Dec 31, 2025 40.74%
Sep 30, 2025 46.49%
Sep 30, 2025 46.49%
Jun 30, 2025 19.98%
Jun 30, 2025 19.98%
Mar 31, 2025 -1.67%
Mar 31, 2025 -1.67%
Dec 31, 2024 35.85%
Dec 31, 2024 35.85%
Sep 30, 2024 23.85%
Sep 30, 2024 23.85%
Jun 30, 2024 33.98%
Jun 30, 2024 33.98%
Mar 31, 2024 27.14%
Mar 31, 2024 27.14%
Dec 31, 2023 26.43%
Dec 31, 2023 26.43%