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| Date | Value |
|---|---|
| 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 |