Ideal Power (IPWR) Research & Development (2013 - 2026)
Ideal Power (IPWR) reported Research & Development of $1.43 million for Q2 2026, down 24.7% from $1.9 million a year earlier and down 29.6% from the prior quarter.
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Analysis
Ideal Power (IPWR) Research & Development (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ideal Power's Research & Development came in at $6.04 million, down 10.4% year-over-year; for FY2025, it was $6.05 million, down 2.6% from FY2024.
- Research & Development has a five-year compound annual growth rate of 28.6% (FY2020 to FY2025).
- By year, Research & Development came in at $6.21 million in FY2024 (+8.1%), $5.74 million in FY2023 (+70.6%), $3.37 million in FY2022 (+74.6%) and $1.93 million in FY2021 (+12.0%).
- Five-year quarterly Research & Development spans a low of $501,694 in Q4 2021 and a high of $2.03 million in Q1 2026.
- Year over year, Research & Development gained in five of the last eight quarters, with growth averaging 1.2%.
- The high point for year-over-year Research & Development in five years was Q1 2022 (growth of 217.6%); the low point was Q4 2025 (a decline of 50.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.03 million (Q1 2026), $786,038 (Q4 2025) and $1.79 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,969.96 Bn | 4,717.45 Bn | 54.77 Bn | 11.73 Bn |
| 2 | Cisco Systems | 421.11 Bn | 357.04 Bn | 11.06 Bn | 2.43 Bn |
| 3 | Dell Technologies | 298.35 Bn | 254.11 Bn | 9.83 Bn | 1.11 Bn |
| 4 | Arista Networks | 229.03 Bn | 182.48 Bn | 1.91 Bn | 348.20 Mn |
| 5 | Sandisk | 201.17 Bn | 189.69 Bn | 7.58 Bn | 348.00 Mn |
| 6 | Sony | 150.18 Bn | 87.44 Bn | 6.53 Bn | - |
| 7 | Seagate Technology Holdings | 148.25 Bn | 143.24 Bn | 1.90 Bn | 188.00 Mn |
| 8 | Western Digital | 125.76 Bn | 113.89 Bn | 2.03 Bn | 284.00 Mn |
| 9 | Hewlett Packard Enterprise | 75.08 Bn | 52.96 Bn | 4.93 Bn | 1.16 Bn |
| 10 | Ideal Power | 50.89 Mn | -21.35 Mn | 1,792.00 | 1.43 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.43 Mn |
| Mar 31, 2026 | 2.03 Mn |
| Dec 31, 2025 | 786,038.00 |
| Sep 30, 2025 | 1.79 Mn |
| Jun 30, 2025 | 1.90 Mn |
| Mar 31, 2025 | 1.57 Mn |
| Dec 31, 2024 | 1.59 Mn |
| Sep 30, 2024 | 1.68 Mn |
| Jun 30, 2024 | 1.56 Mn |
| Mar 31, 2024 | 1.37 Mn |
| Dec 31, 2023 | 1.41 Mn |
| Sep 30, 2023 | 1.69 Mn |
| Jun 30, 2023 | 1.21 Mn |
| Mar 31, 2023 | 1.44 Mn |
| Dec 31, 2022 | 1.03 Mn |
| Sep 30, 2022 | 780,151.00 |
| Jun 30, 2022 | 728,383.00 |
| Mar 31, 2022 | 828,547.00 |
| Dec 31, 2021 | 501,694.00 |
| Sep 30, 2021 | 604,476.00 |
API Access
Ideal Power Research & Development 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=research-and-development&ticker=IPWR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "IPWR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=IPWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();