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Aeluma vs Ideal Power: ALMU and IPWR compared
Aeluma is the larger company: $582K of revenue in its latest quarter (Q4 FY26) against $6K for Ideal Power (Q2 2026). Ideal Power is growing faster (+355% against -56% a year earlier).
Where the money goes: ALMU and IPWR
Aeluma (ALMU) · Q4 FY26
Aeluma, Q4 FY26: revenue $582K (-56% year over year), operating margin -84.7%, net loss $4.0M, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
Ideal Power (IPWR) · Q2 2026
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.
| Aeluma (ALMU) | Ideal Power (IPWR) | |
|---|---|---|
| Latest quarter | Q4 FY26 | Q2 2026 |
| Revenue | $582K | $6K |
| Revenue growth, Y/Y | -56% | +355% |
| Operating margin | -84.7% | n/m |
| Net earnings | −$4.0M | −$3.4M |
| Net margin | -689.5% | — |
| Operating cash flow | −$1.6M | −$2.4M |
Questions
Which is bigger, Aeluma or Ideal Power?
Aeluma is the larger company: $582K of revenue in its latest quarter (Q4 FY26) against $6K for Ideal Power (Q2 2026).
Is Aeluma or Ideal Power growing faster?
Ideal Power is growing faster (+355% against -56% a year earlier).
More: Aeluma earnings · how Aeluma makes money · Ideal Power earnings · how Ideal Power makes money
From the companies' latest 10-Q, 10-K or earnings release (10-K filed Sep 16, 2026; 10-Q filed Aug 13, 2026). Fiscal quarters can end on different dates. Not investment advice.