Growth Metrics

Ideal Power (IPWR) Operating Expenses (2013 - 2026)

Ideal Power recorded quarterly Operating Expenses of $3.7 million in Q1 2026, up 89.57% quarter-over-quarter from $1.9 million in Q4 2025, and up 31.58% year-over-year from $2.8 million in Q1 2025.

Ideal Power's Operating Expenses history runs 14 years deep, the most recent figure standing at $3.7 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 31.58% year-over-year to $3.7 million; the TTM figure through Mar 2026 stood at $11.8 million (up 4.09% YoY), while the FY2025 annual figure was $10.9 million, down 1.39% from the prior year.
  • Operating Expenses came in at $3.7 million for Q1 2026 at Ideal Power, up from $1.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.7 million in Q1 2026 to a low of $1.7 million in Q2 2022.
  • A 5-year average of $2.6 million and a median of $2.6 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses soared 105.7% in 2022 and retreated 29.39% in 2025, its largest moves.
  • Ideal Power's Operating Expenses stood at $2.0 million in 2022, then advanced by 25.67% to $2.5 million in 2023, then advanced by 10.32% to $2.8 million in 2024, then retreated by 29.39% to $1.9 million in 2025, then surged by 89.57% to $3.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $3.7 million, $1.9 million, and $3.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 451.80 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 153.35 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 249.90 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 241.50 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 132.60 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 30.13 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 387.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 19.72 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 87.88 Mn
10 Ideal Power 12.82 Mn -3.59 Mn - 3.69 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 3.69 Mn
Dec 31, 2025 1.95 Mn
Sep 30, 2025 3.02 Mn
Jun 30, 2025 3.14 Mn
Mar 31, 2025 2.81 Mn
Dec 31, 2024 2.76 Mn
Sep 30, 2024 2.90 Mn
Jun 30, 2024 2.87 Mn
Mar 31, 2024 2.54 Mn
Dec 31, 2023 2.50 Mn
Sep 30, 2023 2.84 Mn
Jun 30, 2023 2.41 Mn
Mar 31, 2023 2.64 Mn
Dec 31, 2022 1.99 Mn
Sep 30, 2022 1.76 Mn
Jun 30, 2022 1.70 Mn
Mar 31, 2022 1.90 Mn
Dec 31, 2021 1.41 Mn
Sep 30, 2021 1.23 Mn
Jun 30, 2021 1.28 Mn
Mar 31, 2021 924,144.00
Dec 31, 2020 1.13 Mn
Sep 30, 2020 1.17 Mn
Jun 30, 2020 832,203.00
Mar 31, 2020 930,434.00
Dec 31, 2019 790,197.00
Sep 30, 2019 722,045.00
Jun 30, 2019 916,415.00
Mar 31, 2019 686,606.00
Dec 31, 2018 970,955.00
Sep 30, 2018 1.24 Mn
Jun 30, 2018 1.13 Mn
Mar 31, 2018 976,643.00
Dec 31, 2017 -3.36 Mn
Sep 30, 2017 2.25 Mn
Jun 30, 2017 2.71 Mn
Mar 31, 2017 2.64 Mn
Dec 31, 2016 2.76 Mn
Sep 30, 2016 2.64 Mn
Jun 30, 2016 2.50 Mn
Mar 31, 2016 2.81 Mn
Dec 31, 2015 3.06 Mn
Sep 30, 2015 2.98 Mn
Jun 30, 2015 2.44 Mn
Mar 31, 2015 2.38 Mn
Dec 31, 2014 1.82 Mn
Sep 30, 2014 1.76 Mn
Jun 30, 2014 1.63 Mn
Mar 31, 2014 1.32 Mn
Dec 31, 2013 1.42 Mn
Sep 30, 2013 832,140.00
Jun 30, 2013 863,822.00
Mar 31, 2013 691,921.00