Growth Metrics

Ideal Power (IPWR) Gross Margin (2013 - 2025)

Ideal Power recorded quarterly Gross Margin of 6.62% in Q3 2025, up 96.17% quarter-over-quarter from 172.71% in Q2 2025, and up 16612.0% year-over-year from N/an in Q3 2024.

Ideal Power's Gross Margin history runs 8 years deep, the most recent figure standing at 6.62% for Q3 2025.

  • In Q3 2025, Gross Margin rose 16612.0% year-over-year to 6.62%; the TTM figure through Mar 2026 stood at 14.85% (up 17419.0% YoY), while the FY2025 annual figure was 60.11%, down 5154.0% from the prior year.
  • Gross Margin came in at 6.62% for Q3 2025 at Ideal Power, up from 172.71% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 24.49% in Q4 2023 to a low of 1212.85% in Q2 2024.
  • A 3-year average of 175.5% and a median of 44.29% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin tumbled 123092 bps in 2024 and jumped 104014 bps in 2025, its largest moves.
  • Ideal Power's Gross Margin stood at 24.49% in 2023, then slumped by 139 bps to 9.58% in 2024, then jumped by 31 bps to 6.62% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods registered 6.62%, 172.71%, and 157.12% for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 37.73%
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 30.03%
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 35.88%
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 33.32%
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 39.32%
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 29.65%
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 49.29%
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 29.44%
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -13.21%
10 Ideal Power 12.82 Mn -3.59 Mn - -

Historic Data

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DateValue
Sep 30, 2025 -6.62%
Jun 30, 2025 -172.71%
Mar 31, 2025 -157.12%
Dec 31, 2024 -9.58%
Sep 30, 2024 -172.74%
Jun 30, 2024 -1,212.85%
Mar 31, 2024 13.01%
Dec 31, 2023 24.49%
Sep 30, 2023 -79.00%
Jun 30, 2023 18.07%
Dec 31, 2017 -94.53%
Sep 30, 2017 5.87%
Jun 30, 2017 -201.78%
Mar 31, 2017 -157.89%
Dec 31, 2016 -10.08%
Sep 30, 2016 -67.99%
Jun 30, 2016 7.20%
Mar 31, 2016 0.38%
Dec 31, 2015 1.32%
Sep 30, 2015 5.93%
Jun 30, 2015 11.92%
Mar 31, 2015 14.90%
Dec 31, 2014 -23.93%
Sep 30, 2014 -33.05%
Jun 30, 2014 -8.42%
Mar 31, 2014 -58.12%
Dec 31, 2013 -60.47%
Sep 30, 2013 -1.92%
Jun 30, 2013 -6.18%
Mar 31, 2013 -36.99%