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Ideal Power (IPWR) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Ideal Power (IPWR) reported revenue of $6K for the second quarter 2026 (Q2 2026), +355% from a year earlier.

Revenue$6K
Year over year+355%
Quarter over quarter—
Operating margin—
Net earnings−$3.4M

Ideal Power, Q2 2026: revenue $6K (+355% year over year), net loss $3.4M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$6K—+355%
Operating profit−$3.6M——
Net earnings−$3.4M——
Operating cash flow−$2.4M——

What changed

Revenue was $6K in Q2 2026, up 355% year over year.

Gross margin was 30.9%. Operating costs exceeded revenue by $3.6M, an operating margin of -62468.1%. The fastest-growing cost line was General & admin (+85%). The quarter ended with a net loss of $3.4M.

Operating cash flow was −$2.4M. Non-cash charges added back $100K of depreciation and amortization and $644K of share-based compensation. Working capital and other items added $230K. Capital expenditures of $10K exceeded it, leaving free cash flow of −$2.4M.

Questions

What was Ideal Power's revenue in the second quarter 2026?

Ideal Power (IPWR) reported revenue of $6K for the second quarter 2026 (Q2 2026), +355% from a year earlier.

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Source: Ideal Power 10-Q on SEC EDGAR.