FY2025 · ended Dec 31, 2025 · Revenue $37,728, -56.1% YoY · Filed Mar 27, 2026
Ideal Power Inc. (IPWR) files with the SEC under industry code 3674, Semiconductors & Related Devices. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $37,728 and a net loss of $10.6 million. Free cash flow was -$9.3 million. As of Jun 30, 2026 it held $41.3 million in cash and investments and $358,447 in total debt.
Revenue (TTM)
$30,250
+57.2% vs year-ago TTM
Net income (TTM)
$-11.88M
-7.8% vs year-ago TTM
Operating cash flow (TTM)
$-9.18M
+0.1% vs year-ago TTM
Free cash flow (TTM)
$-9.41M
-0.4% vs year-ago TTM
EPS
$-1.17
-46.2% vs prior year
Dividend per share
None
Shares outstanding
12.09M
+45.0% vs prior year
Net cash
$40.94M
as of Jun 30, 2026
Operating margin
-40605.1%
FY 2026
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- IPWR (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Austin, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1507957
- Former names
- Ideal Power Converters, Inc. (until Nov 5, 2012)
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $37,728 | $86,032 | $198,871 | $203,269 | $576,399 |
| Operating income | -$10.9M | -$11.1M | -$10.4M | -$7.3M | -$4.8M |
| Net income | -$10.6M | -$10.4M | -$10.0M | -$7.2M | -$4.8M |
| Diluted EPS | — | — | — | -$1.17 | -$0.80 |
| Operating cash flow | -$9.1M | -$8.7M | -$7.1M | -$6.4M | -$4.3M |
| Free cash flow | -$9.3M | -$8.9M | -$7.4M | -$6.6M | -$4.3M |
| Total assets | $10.0M | $19.8M | $12.2M | $19.4M | $25.9M |
| Total liabilities | $2.2M | $2.0M | $2.2M | $1.5M | $1.7M |
| Stockholders' equity | $7.9M | $17.9M | $10.1M | $17.9M | $24.1M |
| Cash and investments | $6.1M | $15.8M | $8.5M | $16.3M | $23.2M |
| Total debt | $403,335 | $486,016 | $202,987 | $267,584 | $326,448 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 13, 2026 | Aug 13, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results
|
Jun 4, 2026 | Jun 3, 2026 |
| 8-K |
Current report
Material agreement, Other events
|
May 18, 2026 | May 14, 2026 |
| 10-Q | Quarterly report | May 15, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 14, 2026 | May 14, 2026 |
All 447 Ideal Power Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.