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Filing Flows › iPower (IPW) › Q3 FY26 › vs Q2 FY26

iPower (IPW) Q3 FY26 vs Q2 FY26 (quarter over quarter)

iPower's revenue fell $3.6M (-51%) from $7.1M in Q2 FY26 to $3.5M in Q3 FY26.

iPower, Q3 FY26: revenue $3.5M (-78% year over year), operating margin -32.7%, net loss $3.5M, operating cash flow −$334K. The chart draws each line against Q2 FY26, the increases inside each band.

iPower: what changed, Q3 FY26 vs Q2 FY26iPower: what changed, Q3 FY26 vs Q2 FY26Operating costs−$4.9MOperating expenses−$3.7MWorking capital & other$3.7MInterest & other, net$3.1MCosts & expenses−$2.3MNet loss$2.3MOperating cash sources$2.3MNet loss absorbed$2.3MCost of revenue−$1.3MShare-based compensation−$800K

Every line

LineQ3 FY26Q2 FY26Change%
Revenue$3.5M$7.1M−$3.6M-51%
Income tax benefit$327K$821K−$494K-60%
Net loss$3.5M$1.2M$2.3M+190%
Costs & expenses$7.3M$9.6M−$2.3M-24%
Operating costs$4.6M$9.6M−$4.9M-51%
Interest & other, net$2.6M−$424K$3.1M—
Cost of revenue$2.7M$4.0M−$1.3M-31%
Operating expenses$1.9M$5.6M−$3.7M-66%
Operating cash sources$3.5M$1.2M$2.3M+190%
Depreciation & amortization$183K$198K−$14K-7%
Share-based compensation$150K$950K−$800K-84%
Working capital & other$2.8M−$877K$3.7M—
Cash used in operations$334K$923K−$589K-64%
Net loss absorbed$3.5M$1.2M$2.3M+190%

Questions

How much did iPower's revenue grow quarter over quarter in Q3 FY26?

iPower's revenue fell $3.6M (-51%) from $7.1M in Q2 FY26 to $3.5M in Q3 FY26.

Q3 FY26 results → · Compare in the interactive Sankey →