iPower Inc.

IPW Consumer Cyclical Internet Retail

iPower Inc.’s revenue for fiscal 2026 (year ended June 2026) was $20.0 million, down 68.4% from fiscal 2025.

Revenue
−84.3%
EPS
−267.1%
Free cash flow
−169.1%
Total debt
−23.3%

Quarter to June 2026, against a year earlier

1.30 0.18 −12.16%
Market cap
$810.0K
P/E
0.0×
Fwd P/E
5.5×
Dividend yield
—
F-score
2/9
Altman Z
−2.08
Beneish M
−3.34
Dividend safety
n/a

Insider Decisions last twelve months

Bought, $m 0.04
Sold, $m 0.02
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — 1 — — — —
Sell — — — — — — — 1 — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 0.81
Revenue ttm 24.08
Net income ttm (11.62)
Free cash flow ttm (1.09)
Net debt Q (0.99)
Valuation
P/E 0.00
Forward P/E 5.54
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 1.47
Debt / equity Q 0.16 (at or below 0.5: strong)
Interest coverage Q (47.99)
Growth
Revenue growth Q −84.25% (below 0%: shrinking)
Operating income growth Q −132.69% (below 0%: shrinking)
EPS, this year −212.80% (below 0%: weak)
EPS, next year A +200.00% (at or above 15%: strong)
Revenue, next year A +7.24%
EPS, past 5 yrs —
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 0.36%
10-year low 10-year high
P/B against its own 10 years 0.15%
10-year low 10-year high
EV/Sales against its own 10 years 5.58%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–24
−100.0%/yr
  1. 21.77 ’16
  2. 10.92 ’17 −50
  3. 0.00 ’19 −100
  4. 0.00 ’20
  5. 0.00 ’21
  6. 0.00 ’22
  7. 0.00 ’23
  8. 0.00 ’24
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 4 7 2 4
Receivables 14 15 6 4
Inventory 21 11 8 —
Other 3 2 3 3
41 35 19 11
2023 2024 2025 2026
Payables 13 11 7 4
ST’ Debt 2 1 — —
Other 0 — 0 —
23 24 14 7

Compound Annual Growth %

10y 5y 3y
Sales — (18.07%) (39.22%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (7.48%) (6.71%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Sep Dec Mar Jun Year
’26 — — — — —
’26 (439.34) (936.03) (171.38) (714.45) (345.16)
’25 (1.68k) 177.89 (21.62) (194.61) (345.98)
’24 (1.12k) (1.67k) 881.32 575.23 (1.34k)
’23 (3.66k) (2.87k) (1.34k) (2.59k) (10.46k)
’22 869.57 781.83 1.09k (1.34k) 1.41k
’21 979.04 739.40 (265.73) (2.41k) (953.63)
Fiscal quarters ending in the months shown.

Revenue $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 12 7 3 1 20
’25 19 19 16 9 63
’24 27 17 23 19 86
’23 26 19 20 23 89
’22 17 17 23 22 79
’21 15 11 13 15 54
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 2 (1) 0 (1) 0
’25 (1) 0 1 0 (1)
’24 4 1 0 1 6
’23 0 7 0 1 9
’22 (5) (7) (3) (2) (17)
’21 (1) (1) (3) (8) (13)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Sep Dec Mar Jun Year
’26 — — — — —
’26 1 (1) (1) (1) (1)
’25 (2) 0 0 0 (2)
’24 4 1 0 1 6
’23 0 7 0 1 9
’22 (5) (7) (3) (2) (17)
’21 (1) (1) (3) (8) (13)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to June

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue — — 23 40 54 79 89 86 63 20 (1.9%) — — — —
Gross margin, % — — 34.48 37.88 42.20 41.80 39.14 44.29 43.29 20.24 (14.2) pt
EBT — — 1 3 0 2 (15) (2) (7) (16) n/m
EBT margin, % — — 3.17 6.91 (0.02) 2.60 (16.50) (2.08) (10.59) (82.62) (85.8) pt
Net income 0 — 1 2 (1) 2 (12) (2) (5) (12) n/m
Per share, $
Per share, $ Revenue — — 28,553.50 49,923.13 67,594.88 72,198.64 80,820.09 71,726.25 52,687.33 7,127.46 (18.0%)
Earnings — — 685.83 2,567.03 (953.63) 1,405.96 (10,463.83) (1,339.26) (345.98) (345.16) n/m
Cash flow — — 883.63 1,386.25 (15,946.25) (15,093.64) 8,373.91 5,136.75 (482.67) (58.39) n/m
Capex — — 0.00 (7.87) (76.87) (440.18) (128.00) 0.00 (1,391.92) (330.82) n/m
Free cash flow — — 883.63 1,378.38 (16,023.12) (15,533.82) 8,245.91 5,136.75 (1,874.58) (389.21) n/m
Book value — — 645.63 3,663.13 31,232.25 29,451.64 18,967.91 19,180.00 15,230.00 6,050.86 +37.7%
Shares, m — — 0 0 0 0 0 0 0 0 +19.6%
Valuation, ×
Valuation, × P/E — — 85.68 85.68 0.00 1.67 0.00 0.00 0.00 0.00 21.6
P/S — — 2.42 2.42 2.72 0.03 0.35 0.69 0.32 0.03 1.1
P/B — — 29.21 29.21 5.89 0.08 1.50 2.57 1.10 0.04 8.7
EV/Sales — — 2.46 2.46 2.61 0.21 0.44 0.67 0.35 0.09 1.2
EV/FCF — — (26.79) (26.79) (11.02) (0.98) 4.35 9.55 (9.94) (2.04) (8.0)
Cash, $m
Cash, $m Operating cash flow — — 1 1 (13) (17) 9 6 (1) 0 n/m
Capex — — — 0 0 0 0 — (2) (1) +129.7%
Free cash flow — — 1 1 (13) (17) 9 6 (2) (1) n/m
Balance, $m
Balance, $m Working capital — — 0 3 23 32 18 11 5 3 +97.3%
Net debt — — 0 1 (6) 14 8 (7) (2) (1) n/m
Shareholders’ equity — — 1 3 25 32 21 23 18 17 +64.6%
Returns, %
Returns, % ROA — — 12.54 17.98 (3.15) 2.66 (17.26) (2.74) (11.43) (35.97) (48.5) pt
ROIC — — 99.24 48.05 9.75 3.10 (29.12) (3.65) (23.84) (56.52) (155.8) pt
ROE — — 30.41 115.29 (5.56) 5.29 (44.93) (6.97) (24.06) (66.00) (96.4) pt
People
People Employees — — — 27 28 87 75 64 14 4 (27.3%)
Revenue/emp, $m — — 0.00 1.48 1.93 0.91 1.19 1.34 4.52 4.99 n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026 · fundamentals updated 2 Nov 2026

iPower Inc. vs peers in Internet Retail (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SBDS Solo Brands, Inc. $12.5M — (loss-making) — (loss-making) −4.12% (below 0%: shrinking) n/m +349.83% (above 0%: growing) 59.94% 3.97% Compare
NHTC Natural Health Trends Corp. $7.2M — (loss-making) 75.1× −20.23% (below 0%: shrinking) n/m −1,670.00% (below 0%: shrinking) 74.15% (3.66%) Compare
JWEL Jowell Global Ltd. $4.1M — (loss-making) 19.9× +23.99% (above 0%: growing) −10,966.67% (below 0%: shrinking) +88.58% (above 0%: growing) 0.76% 0.00% Compare
UZX Linkage Global Inc. $3.4M — — — — −59.33% (below 0%: shrinking) — — Compare
OCG Oriental Culture Holding LTD $3.0M — (loss-making) 9.2× −96.73% (below 0%: shrinking) −202.04% (below 0%: shrinking) +144.19% (above 0%: growing) 76.04% 0.00% Compare
YJ Yunji Inc. Sponsored ADR $2.9M — (loss-making) — (loss-making) −40.68% (below 0%: shrinking) n/m +63.14% (above 0%: growing) 48.05% (83.20%) Compare
WBUY WeBuy Global Ltd. $2.8M — — — — +61.71% (above 0%: growing) — — Compare
IPW iPower Inc. $810.0K — (loss-making) 5.5× −84.25% (below 0%: shrinking) n/m −169.14% (below 0%: shrinking) (325.25%) (638.47%)
NEXR Nexera Technologies Ltd $140.0K — (loss-making) — −32.01% (below 0%: shrinking) n/m −185.96% (below 0%: shrinking) 4.41% (21.43%) Compare
Median of peers $3.2M — 19.9× −26.12% — +62.43% 54.00% (1.83%)

All 42 Internet Retail stocks →

iPower Inc. (IPW) Latest News

21 Oct

Impact 3 · · GlobeNewswire

9 Oct

Impact 4 · · GlobeNewswire earnings

15 May

Impact 3 · · GlobeNewswire
stockrow.com/IPW · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com