iPower reported revenue of $3.50M and net income of -$5.28M for the quarter ended Mar 2026, down 78.2% year over year. This income statement covers 25 quarters of results from Mar 2020 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||
| Revenue | 14.73M | 17.37M | 17.13M | 22.81M | 26.02M | 19.25M | 20.23M | 23.40M | 26.51M | 16.80M | 23.31M | 19.45M | 19.01M | 19.07M | 16.04M | 13.50M | 12.02M | 7.13M | 3.50M | ||||||
| Cost of RevenueCost of Rev | 8.18M | 10.05M | 9.57M | 13.60M | 13.00M | 16.04M | 11.29M | 12.43M | 14.35M | 14.75M | 9.48M | 12.94M | 10.78M | 10.52M | 10.68M | 9.19M | -29.31M | 7.21M | 3.99M | 2.74M | |||||
| Gross Profit | 6.54M | 7.31M | 7.56M | 9.21M | 9.12M | 9.99M | 7.97M | 7.79M | 9.05M | 11.76M | 7.32M | 10.37M | 8.68M | 8.49M | 8.39M | 6.86M | 6.10M | 4.81M | 3.14M | 0.76M | |||||
| Operating items | |||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 1.90M | 2.36M | 2.78M | 2.80M | 3.77M | 3.10M | 2.71M | 3.07M | 3.91M | 2.96M | 2.93M | 3.32M | 2.90M | 5.32M | 3.08M | 1.91M | 2.35M | 1.32M | 2.50M | ||||||
| Restructuring CostsRestructuring | 1.82M | 0.91M | |||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 4.40M | 3.67M | 3.64M | 5.03M | 6.84M | 11.48M | 9.34M | 6.54M | 8.13M | 10.06M | 6.94M | 5.44M | 4.52M | 5.91M | 3.46M | 6.79M | 5.18M | 0.01M | 0.99M | ||||||
| Operating ExpensesOpex | 6.30M | 6.02M | 6.42M | 7.83M | 10.61M | 14.58M | 12.05M | 9.60M | 12.05M | 13.03M | 9.87M | 8.77M | 7.42M | 11.23M | 7.71M | 7.19M | 9.14M | 6.50M | 5.58M | 1.90M | |||||
| Operating IncomeOp. Inc | 0.24M | 1.29M | 1.14M | 1.38M | -1.49M | -4.59M | -4.08M | -1.81M | -3.00M | -1.27M | -2.55M | 1.60M | 1.26M | -2.75M | 0.68M | -0.33M | -3.04M | -1.70M | -2.44M | -1.14M | |||||
| EBIT | 0.24M | 1.29M | 1.14M | 1.38M | -1.49M | -4.59M | -4.08M | -1.81M | -3.00M | -1.27M | -2.55M | 1.60M | 1.26M | -2.75M | 0.68M | -0.33M | -3.04M | -1.70M | -2.44M | -1.14M | |||||
| Non-operating items | |||||||||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -0.01M | 0.01M | -0.00M | -0.00M | -0.00M | -0.00M | -0.00M | -801.00 | -792.00 | -0.00M | -919.00 | -802.00 | -986.00 | -0.01M | |||||||||||
| Other Non Operating IncomeOther Non Op Inc. | -2.05M | -812.00 | 0.06M | 0.08M | 0.33M | 0.21M | 0.06M | -0.07M | -0.31M | -0.07M | 0.13M | 0.09M | 0.07M | 0.22M | -0.21M | 0.04M | 0.04M | 0.80M | 0.43M | -0.54M | |||||
| Non Operating IncomeNon Op. Inc. | -2.14M | -0.06M | -0.01M | -0.16M | -0.01M | -0.04M | -0.26M | -0.31M | -0.57M | -0.30M | -0.05M | -0.21M | -0.27M | 0.08M | -0.35M | -0.05M | -0.05M | 0.70M | 0.42M | -4.46M | |||||
| Net income details | |||||||||||||||||||||||||
| EBT | -1.90M | 1.23M | 1.12M | 1.22M | -1.51M | -4.63M | -4.34M | -2.12M | -3.57M | -1.57M | -2.61M | 1.39M | 0.99M | -2.67M | 0.34M | -0.38M | -3.09M | -1.00M | -2.01M | -5.61M | |||||
| Tax ProvisionsTaxes | 0.01M | 0.34M | 0.32M | 0.04M | -0.15M | -0.45M | -1.05M | -0.59M | -0.61M | -0.28M | -0.69M | 0.38M | 0.34M | -0.64M | 0.12M | 0.01M | -0.62M | -0.46M | -0.82M | -0.33M | |||||
| Profit After TaxPAT | -1.91M | 0.89M | 0.80M | 1.18M | 1.27M | -4.19M | -3.29M | -1.53M | -2.98M | -1.29M | -2.08M | 1.09M | 0.60M | -2.03M | 0.22M | -0.44M | -2.21M | -0.53M | -1.19M | -5.28M | |||||
| Income from Non-Controlling InterestsInc. Minority | 1.91M | -0.00M | -0.01M | -0.00M | -0.00M | -0.00M | -0.00M | -0.00M | -0.00M | -0.00M | -0.00M | -0.00M | -0.00M | 0.00M | -0.02M | ||||||||||
| Income from Continuing OperationsIncome (Continuing) | -1.91M | 0.89M | 0.80M | 1.18M | -1.36M | -4.19M | -3.29M | -1.53M | -2.96M | -1.29M | -1.92M | 1.01M | 0.65M | -2.03M | 0.22M | -0.39M | -2.47M | -0.53M | -1.19M | -5.28M | |||||
| Income from Discontinued OperationsIncome (Discontinued) | 0.05M | 1.83M | |||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -1.91M | 0.89M | 0.80M | 1.18M | -1.36M | -4.19M | -3.29M | -1.53M | -2.96M | -1.29M | -1.92M | 1.01M | 0.65M | -2.03M | 0.22M | -0.34M | -2.47M | -0.53M | -1.19M | -3.45M | |||||
| Income towards Parent CompanyParent Net Inc | -1.91M | 0.89M | 0.80M | 1.18M | -1.36M | -4.19M | -3.29M | -1.53M | -2.96M | -1.29M | -1.92M | 1.01M | 0.65M | -2.03M | 0.22M | -0.34M | -2.47M | -0.53M | -1.19M | -3.45M | |||||
| Net Income towards Common StockholdersNet Income | -1.91M | 0.89M | 0.80M | 1.18M | -1.36M | -4.19M | -3.29M | -1.53M | -2.96M | -1.29M | -1.92M | 1.02M | 0.66M | -2.03M | 0.22M | -0.34M | -2.82M | -0.53M | -1.19M | -3.45M | |||||
| Additional items | |||||||||||||||||||||||||
| EPS (Basic) | -6.50 | 2.41 | 2.17 | 3.02 | -3.52 | -10.16 | -7.97 | -3.71 | -7.18 | -3.12 | -4.64 | 2.45 | 1.58 | -4.65 | 0.50 | -0.78 | -6.45 | -36.61 | -77.94 | -171.09 | |||||
| EPS (Diluted) | -6.50 | 2.41 | 2.17 | 3.02 | -3.52 | -10.16 | -7.97 | -3.71 | -7.18 | -3.12 | -4.64 | 2.45 | 1.58 | -4.65 | 0.50 | -0.78 | -6.45 | -36.61 | -77.94 | -171.09 | |||||
| Shares Outstanding | 0.29M | 0.37M | 0.37M | 0.39M | 0.39M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.44M | 0.44M | 0.44M | 0.44M | 0.01M | 0.02M | 0.02M | |||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.29M | 0.37M | 0.37M | 0.39M | 0.39M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.44M | 0.44M | 0.44M | 0.44M | 0.01M | 0.02M | 0.02M | |||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.48M | 0.48M | 0.48M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.41M | 0.44M | 0.44M | 0.44M | 0.44M | 0.44M | 0.01M | 0.02M | 0.02M | |||||
| EBITDA | 0.24M | 1.29M | 1.14M | 1.38M | -1.49M | -4.59M | -4.08M | -1.81M | -3.00M | -1.27M | -2.55M | 1.60M | 1.26M | -2.75M | 0.68M | -0.33M | -3.04M | -1.70M | -2.44M | -1.14M | |||||
| Tax Rate | -0.32% | 27.87% | 28.80% | 3.27% | 9.74% | 9.67% | 24.14% | 27.77% | 16.96% | 17.63% | 26.43% | 27.14% | 33.98% | 23.85% | 35.85% | -1.67% | 19.98% | 46.49% | 40.74% | 5.82% |