Filing Flows › Ideal Power (IPWR) › Q1 2025
Ideal Power (IPWR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Ideal Power (IPWR) reported revenue of $12K for the first quarter 2025 (Q1 2025), -85% from a year earlier and +122% from the quarter before.
Ideal Power, Q1 2025: revenue $12K (-85% year over year), net loss $2.7M, operating cash flow −$2.1M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12K | +122% | -85% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$2.7M | — | — |
| Operating cash flow | −$2.1M | — | — |
What changed
Revenue was $12K in Q1 2025, down 85% year over year and up 122% from the previous quarter.
Operating costs exceeded revenue by $2.8M, an operating margin of -23534.4%. The fastest-growing cost line was Research & development (+15%). The quarter ended with a net loss of $2.7M, wider than the previous quarter's $2.6M loss.
Operating cash flow was −$2.1M. Non-cash charges added back $90K of depreciation and amortization and $385K of share-based compensation. Working capital and other items added $161K. Capital expenditures of $11K exceeded it, leaving free cash flow of −$2.1M.
Questions
What was Ideal Power's revenue in the first quarter 2025?
Ideal Power (IPWR) reported revenue of $12K for the first quarter 2025 (Q1 2025), -85% from a year earlier and +122% from the quarter before.
Source: Ideal Power 10-Q on SEC EDGAR.