Financials in USD. Standardized financial statements.
A compact view of how iPower Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $66.14M | $86.07M | $88.90M | $79.42M | $54.08M | $39.94M | $22.84M |
| Revenue Growth? | -23.2% | -3.2% | +11.9% | +46.9% | +35.4% | +74.8% | 0.0% |
| Cost of Revenue? | $37.15M | $46.82M | $54.10M | $46.22M | $31.26M | $24.81M | $14.97M |
| Gross Profit? | $28.99M | $39.25M | $34.80M | $33.20M | $22.82M | $15.13M | $7.88M |
| Gross Margin? | +43.8% | +45.6% | +39.1% | +41.8% | +42.2% | +37.9% | +34.5% |
| Operating Expenses? | $34.86M | $40.22M | $48.28M | $30.89M | $19.86M | $12.22M | $7.04M |
| Operating Income? | -$5.87M | -$962,892 | -$13.48M | $2.31M | $2.96M | $2.91M | $834,673 |
| EBITDA? | -$3.24M | $1.51M | -$10.19M | $3.20M | $2.97M | $0 | $0 |
| Income Before Tax | -$6.23M | -$1.79M | -$14.67M | $2.06M | -$8,987 | $2.76M | $723,894 |
| Income Tax Expense | -$1.25M | -$251,365 | -$2.69M | $558,975 | $766,762 | $773,438 | $195,496 |
| Net Income? | -$4.97M | -$1.53M | -$11.97M | $1.52M | -$775,749 | $1.99M | $528,398 |
| EPS? | $-37.92 | $-12.24 | $-96.64 | $13.12 | $-7.04 | $16.88 | $4.49 |
| Diluted EPS? | $-37.92 | $-12.24 | $-96.64 | $13.12 | $-7.04 | $16.88 | $4.49 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality