Ip Strategy Holdings, Inc. income statement IPST

In fiscal 2025, which ended Dec 31, 2025, Ip Strategy Holdings, Inc. reported revenue of $10.1 million, up 20.4% from the year before. It recorded a net loss of $137.7 million. The operating loss came to $133.9 million, an operating margin of -1323.6%. Diluted earnings per share were -$16.03. Over the twelve months ended Jun 30, 2026, revenue was $10.2 million and the net loss was $209.6 million.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
Revenue
10
10
+20.4%
8
Cost of revenue
4
5
-27.4%
6
Gross profit
7
6
+161.5%
2
Selling, general and administrative
15
18
+5.1%
17
Restructuring and impairment
—
3
—
Operating income
-206
-134
-797.8%
-15
Gain (loss) on investments
—
-3
-198.1%
3
Other non-operating income (expense)
-1
-0
-3226.1%
-0
Pretax income
-210
-138
-19238.7%
1
Income tax
-0
-0
-192.8%
0
Net income
-210
-138
-19484.0%
1
Net income to common
-209
-138
-220102.4%
0
Basic EPS
-22.66
-16.03
-1735.7%
0.98
Diluted EPS
-22.66
-16.03
+59.4%
-39.46
Weighted average shares, basic
9
9
+13354.8%
0
Weighted average shares, diluted
9
9
+2335.8%
0
Other measures
Depreciation and amortization
—
1
-17.2%
1
EBITDA
—
-133
-874.6%
-14
Interest coverage
-373.96x
-81.56x
-5.88x
Margins
Gross margin
65.38%
54.94%
25.30%
Operating margin
-2,029.41%
-1,323.64%
-177.55%
Pretax margin
-2,064.09%
-1,360.99%
8.56%
Profit margin
-2,063.99%
-1,360.91%
8.46%
EBITDA margin
—
-1,313.13%
-162.26%
Effective tax rate
—
—
1.27%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Beverages (SIC 2080)
Listed as
IPST (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Gig Harbor, WA
SEC filer status
, Emerging growth company
SEC CIK
1788230
Former names
Heritage Distilling Holding Company, Inc. (until Feb 3, 2026)

Other Beverages companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.