Filing Flows › Ideal Power (IPWR) › Q4 2024
Ideal Power (IPWR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 28, 2025
Ideal Power (IPWR) reported revenue of $5K for the fourth quarter 2024 (Q4 2024), -91% from a year earlier and +876% from the quarter before.
Ideal Power, Q4 2024: revenue $5K (-91% year over year), net loss $2.6M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5K | +876% | -91% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $5K in Q4 2024, down 91% year over year and up 876% from the previous quarter.
Operating costs exceeded revenue by $2.8M, an operating margin of -51009.2%. The fastest-growing cost line was Research & development (+13%). The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $2.7M loss.
Operating cash flow was −$2.5M. Non-cash charges added back $90K of depreciation and amortization and $432K of share-based compensation. Working capital and other items used $477K. Capital expenditures of $4K exceeded it, leaving free cash flow of −$2.6M.
Questions
What was Ideal Power's revenue in the fourth quarter 2024?
Ideal Power (IPWR) reported revenue of $5K for the fourth quarter 2024 (Q4 2024), -91% from a year earlier and +876% from the quarter before.
Source: Ideal Power 10-K on SEC EDGAR.