Filing Flows › Ideal Power (IPWR) › Q3 2025
Ideal Power (IPWR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Ideal Power (IPWR) reported revenue of $24K for the third quarter 2025 (Q3 2025), up 44-fold from a year earlier and up 19-fold from the quarter before.
Ideal Power, Q3 2025: revenue $24K (44× year over year), net loss $2.9M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24K | 19× | 44× |
| Operating profit | −$3.0M | — | — |
| Net earnings | −$2.9M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $24K in Q3 2025, up 4313% year over year and up 1818% from the previous quarter.
Operating costs exceeded revenue by $3.0M, an operating margin of -12353.0%. Total costs grew 5% against revenue growth of 4313%. The fastest-growing cost line was Cost of revenue (+1625%). The quarter ended with a net loss of $2.9M, narrower than the previous quarter's $3.0M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $94K of depreciation and amortization and $283K of share-based compensation. Capital expenditures of $70K exceeded it, leaving free cash flow of −$2.6M.
Questions
What was Ideal Power's revenue in the third quarter 2025?
Ideal Power (IPWR) reported revenue of $24K for the third quarter 2025 (Q3 2025), up 44-fold from a year earlier and up 19-fold from the quarter before.
Source: Ideal Power 10-Q on SEC EDGAR.