Ip Strategy Holdings, Inc. revenue by segment IPST

Ip Strategy Holdings, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Heritage Distilling at $5.2 million, 51% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Crypto And Related at $5.0 million, 49% of the total.

USD in millions. 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
8
Operating segments
Heritage Distilling
—
5
-38.5%
share 51.1%
8
share 100.0%
IP Strategy
—
5
share 48.9%
—
Sales mix
Crypto And Related
—
5
share 48.9%
—
Direct To Consumer
—
3
-24.1%
share 29.2%
4
share 46.4%
Wholesale
—
1
-22.2%
share 12.3%
2
share 19.0%
Services
—
1
-45.8%
share 9.6%
2
share 21.3%
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. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. 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.