Filing Flows › iPower (IPW) › Q3 FY25
iPower (IPW) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 15, 2025
iPower (IPW) reported revenue of $16.0M for the third quarter fiscal 2025 (Q3 FY25), -31% from a year earlier and -16% from the quarter before. Operating margin was -1.7%, net loss $342K (2.1% of revenue).
iPower, Q3 FY25: revenue $16.0M (-31% year over year), operating margin -1.7%, net loss $342K, operating cash flow $888K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.0M | -16% | -31% |
| Operating profit | −$269K | -139% | — |
| Net earnings | −$342K | -259% | — |
| Operating cash flow | $888K | 32× | +736% |
What changed
Revenue was $16.0M in Q3 FY25, down 31% year over year and down 16% from the previous quarter.
Gross margin was 42.7%, down 1.7 points from a year earlier. Operating costs exceeded revenue by $269K, an operating margin of -1.7%. Operating expenses fell 19% while revenue fell 31%. The quarter ended with a net loss of $342K, after a profit of $216K the previous quarter.
Operating cash flow was $888K (up 736% year over year). Non-cash charges added back $194K of depreciation and amortization. Working capital and other items added $1.0M.
Questions
What was iPower's revenue in the third quarter fiscal 2025?
iPower (IPW) reported revenue of $16.0M for the third quarter fiscal 2025 (Q3 FY25), -31% from a year earlier and -16% from the quarter before.
Was iPower profitable in the third quarter fiscal 2025?
Operating loss was $269K (-1.7% of revenue) and net loss $342K.
Source: iPower 10-Q on SEC EDGAR.