iPower (IPW) Tax Rate (2020 - 2024)
iPower's Tax Rate was 5.82% in fiscal Q3 2026 (quarter ended Mar 31, 2026), up 7.49 percentage points from -1.67% a year earlier but down 34.92 percentage points from the prior quarter.
iPower (IPW) Tax Rate (2020 - 2024) Analysis & Trends
On a trailing twelve-month basis, iPower's Tax Rate was 19.03% through Mar 31, 2026, up 8.98 percentage points year-over-year; for FY2025 (ended Jun 30, 2025), it was 20.13%, up 6.11 percentage points from FY2024.
- Tax Rate shows a five-year change of -7.89 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Tax Rate was 14.02% in FY2024 (-4.32 pp), 18.34% in FY2023 (-8.74 pp), 27.09% in FY2022 (+8558.99 pp) and -8531.90% in FY2021 (-8559.92 pp).
- Quarterly Tax Rate has moved between -1.67% (fiscal Q3 2025) and 46.49% (fiscal Q1 2026) over five years.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +3.11 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q3 2023 (a gain of 24.49 percentage points); the worst was fiscal Q3 2022 (a drop of 764.11 percentage points).
- Per Business Quant data, IPW's Tax Rate in the three fiscal quarters before Q3 2026 was 40.74% (Q2 2026), 46.49% (Q1 2026) and 19.98% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 22.51% |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 24.53% |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 24.68% |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | 24.44% |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 24.98% |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 23.67% |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | 22.62% |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 11.40% |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | 21.12% |
| 10 | iPower | 25,443.18 | -5.66 Mn | 755,549.00 | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 35.85% |
| Jun 30, 2024 | 33.98% |
| Mar 31, 2024 | 27.14% |
| Mar 31, 2022 | 3.27% |
| Dec 31, 2021 | 28.80% |
| Sep 30, 2021 | 27.87% |
| Mar 31, 2021 | 767.39% |
| Dec 31, 2020 | 28.28% |
| Sep 30, 2020 | 27.97% |
| Jun 30, 2020 | 28.00% |
| Mar 31, 2020 | 28.06% |
iPower Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=IPW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IPW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=IPW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();