iPower Inc. income statement IPW

In fiscal 2026, which ended Jun 30, 2026, iPower Inc. reported revenue of $20.0 million, down 68.4% from the year before. It recorded a net loss of $11.6 million. The operating loss came to $14.4 million, an operating margin of -72.3%. Diluted earnings per share were -$345.16. Across the 6 fiscal years shown, revenue shrank from $54.1 million in fiscal 2021 to $20.0 million in fiscal 2026, about 18.1% a year.

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
Jun 30, 2025
FY 2024
Jun 30, 2024
FY 2023
Jun 30, 2023
FY 2022
Jun 30, 2022
FY 2021
Jun 30, 2021
Revenue
20
-68.4%
63
-26.5%
86
-3.2%
89
+11.9%
79
+46.9%
54
Cost of revenue
16
-55.6%
36
-25.2%
48
-11.4%
54
+17.1%
46
+47.9%
31
Gross profit
4
-85.2%
27
-28.2%
38
+9.6%
35
+4.8%
33
+45.5%
23
Selling, general and administrative
0
-99.2%
13
+4.4%
12
-5.3%
13
+9.3%
12
+83.4%
6
Operating income
-14
-127.9%
-6
-557.4%
-1
+92.9%
-13
-683.2%
2
-21.9%
3
Gain (loss) on investments
-0
+96.6%
-0
-160.4%
-0
+44.9%
-0
-51.2%
-0
—
Other income (expense)
-2
-460.8%
-0
+55.7%
-1
+29.9%
-1
-376.6%
-0
+91.6%
-3
Pretax income
-16
—
-2
+87.8%
-15
-810.8%
2
+23062.3%
-0
Income tax
-3
-128.4%
-1
-436.4%
-0
+90.7%
-3
-581.3%
1
-27.1%
1
Net income
-12
—
—
-12
—
-1
Basic EPS
-345.16
-1.1%
-341.28
-682460.0%
-0.05
+87.5%
-0.40
-827.3%
0.06
—
Diluted EPS
-345.16
-1.1%
-341.28
-682460.0%
-0.05
+87.5%
-0.40
-827.3%
0.06
—
Weighted average shares, basic
0
+131.3%
0
-100.0%
30
+0.6%
30
+7.0%
28
—
Weighted average shares, diluted
0
+131.3%
0
-100.0%
30
+0.6%
30
+7.0%
28
—
Other measures
Depreciation and amortization
1
-2.4%
1
-2.0%
1
-0.0%
1
+186.5%
0
+2198.6%
0
EBITDA
-14
-146.3%
-6
-3230.0%
-0
+98.7%
-13
-589.9%
3
-12.9%
3
Interest coverage
-109.19x
-14.82x
-1.30x
-13.76x
6.43x
—
Margins
Gross margin
20.24%
43.29%
44.29%
39.14%
41.80%
42.20%
Operating margin
-72.30%
-10.01%
-1.12%
-15.17%
2.91%
5.47%
Pretax margin
-82.62%
—
-2.08%
-16.50%
2.60%
-0.02%
Profit margin
-58.24%
—
—
-13.47%
—
-1.43%
EBITDA margin
-68.48%
-8.78%
-0.19%
-14.27%
3.26%
5.50%
Effective tax rate
—
—
—
—
27.09%
—
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. More on our methodology.

Company profile

Industry
Retail-Building Materials, Hardware, Garden Supply (SIC 5200)
Listed as
IPW (Nasdaq)
Fiscal year ends
June 30
Incorporated in
NV
Headquarters
Rancho Cucamonga, CA
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1830072

Other Retail-Building Materials, Hardware, Garden Supply companies

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