Filing Flows › iPower (IPW) › Q4 FY26
iPower (IPW) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Oct 2, 2026
iPower (IPW) reported revenue of $1.4M for the fourth quarter fiscal 2026 (Q4 FY26), -86% from a year earlier and -59% from the quarter before. Operating margin was -648.0%, net loss $6.4M (449.4% of revenue).
iPower, Q4 FY26: revenue $1.4M (-86% year over year), operating margin -648.0%, net loss $6.4M, operating cash flow −$594K. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4M | -59% | -86% |
| Operating profit | −$9.3M | — | — |
| Net earnings | −$6.4M | — | — |
| Operating cash flow | −$594K | — | — |
What changed
Revenue was $1.4M in Q4 FY26, down 86% year over year and down 59% from the previous quarter. Product was the largest line at 100% of revenue.
Operating costs exceeded revenue by $9.3M, an operating margin of -648.0%. The fastest-growing cost line was Other operating costs (+15%). The quarter ended with a net loss of $6.4M, wider than the previous quarter's $3.5M loss. Non-operating items added $1.6M, -21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$594K. Non-cash charges added back $182K of depreciation and amortization. Working capital and other items added $5.7M.
Questions
What was iPower's revenue in the fourth quarter fiscal 2026?
iPower (IPW) reported revenue of $1.4M for the fourth quarter fiscal 2026 (Q4 FY26), -86% from a year earlier and -59% from the quarter before.
Was iPower profitable in the fourth quarter fiscal 2026?
Operating loss was $9.3M (-648.0% of revenue) and net loss $6.4M.
Source: iPower 10-K on SEC EDGAR.