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Ideal Power Inc.

IPWR Technology Semiconductors

Ideal Power Inc.’s revenue for fiscal 2025 (year ended December 2025) was $37,700.00, down 56.2% from fiscal 2024.

Revenue
+7.41%
EPS
+39.4%
Free cash flow
−1.57%

Quarter to June 2026, against a year earlier

2.05 0.05 −2.38%
Market cap
$34.5M
P/E
0.0×
Fwd P/E
−5.3×
Dividend yield
—
F-score
2/9
Altman Z
−11.57
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.29
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — 1 — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 10.00%

Capital & Financial Ratios $m

Size
Market Cap 34.51
Revenue ttm 0.04
Net income ttm (11.88)
Free cash flow ttm (9.78)
Net debt Q (41.29)
Valuation
P/E 0.00
Forward P/E (5.32) (negative: loss-making)
Price / sales 796.21 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.82
Financial health
Current ratio Q 27.86 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (28.60)
Growth
Revenue growth Q +7.41% (above 0%: growing)
Operating income growth Q −15.37% (below 0%: shrinking)
EPS, this year +26.72% (at or above 15%: strong)
EPS, next year A +18.82% (at or above 15%: strong)
Revenue, next year A +2,552.52% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +22.02% (at or above 15%: strong)

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

Valuation vs history

EV/Sales, ten years
EV/Sales is −143×, against a ten-year median of 57.3×; over the ten years it ranged from −143× in 2026 to 1,918× in 2025.
P/S against its own 10 years 86.40%
10-year low 10-year high
P/B against its own 10 years 1.32%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 8 16 6 41
Receivables 0 0 0 0
Inventory 0 0 0 0
Other — — — —
9 16 7 42
2023 2024 2025 Q'26
Payables 0 0 0 0
ST’ Debt — — — —
Other — — — —
1 1 1 1

Compound Annual Growth %

10y 5y 3y
Sales — (38.49%) (42.97%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (7.22%) 15.52% (23.95%)

Earnings Trends EPS, adjusted, against the consensus

Q1 FY19 Estimate −1.60 Actual −0.50

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY18 −1.50 −1.50 Met by 0.00
Q2 FY18 −1.60 −1.20 Beat by 0.40
Q3 FY18 −1.50 −1.60 Miss by 0.10
Q1 FY19 −1.60 −0.50 Beat by 1.10

EPS $

Mar Jun Sep Dec Year
’26 (0.33) (0.20) — — —
’25 (0.30) (0.33) (0.32) (0.21) (1.16)
’24 (0.39) (0.31) (0.31) (0.29) (1.28)
’23 (0.41) (0.37) (0.44) (0.39) (1.61)
’22 (0.31) (0.27) (0.28) (0.31) (1.17)
’21 (0.17) (0.19) (0.20) (0.23) (0.80)
’20 (0.31) (0.28) (1.28) (0.26) (2.20)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — 0 — — —
’25 0 0 0 — 0
’24 0 0 0 0 0
’23 0 0 0 0 0
’22 0 0 0 0 0
’21 0 0 0 0 1
’20 0 0 0 0 0
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (2) — — —
’25 (2) (2) (3) (2) (9)
’24 (2) (2) (2) (3) (9)
’23 (2) (2) (2) (2) (7)
’22 (1) (2) (1) (2) (6)
’21 (1) (1) (1) (1) (4)
’20 (1) (1) (1) (1) (3)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (3) — — —
’25 (2) (3) (3) (2) (10)
’24 (2) (2) (2) (3) (9)
’23 (2) (2) (2) (2) (8)
’22 (1) (2) (2) (2) (7)
’21 (1) (1) (1) (1) (5)
’20 (1) (1) (1) (1) (3)
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 December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2 — — — 0 1 0 0 0 0 0 (34.2%) 1 7 14 +618.8%
Gross margin, % (19.09) 0.00 0.00 0.00 (897.69) 0.00 0.00 19.26 (8.60) (60.21) (47.94) (41.1) pt
EBT (11) (4) (4) (3) (8) (5) (7) (10) (10) (11) (12) (0.4%)
EBT margin, % (674.22) 0.00 0.00 0.00 (1,820.58) (827.60) (3,536.35) (5,004.52) (12,113.72) (28,059.42) (27,254.82) (27,385.2) pt
Net income (11) (4) (4) (3) (8) (5) (7) (10) (10) (11) (12) (0.4%)
Per share, $
Per share, $ Revenue 1.71 0.00 0.00 0.00 0.12 0.10 0.03 0.03 0.01 0.00 0.00 (48.8%)
Earnings (11.50) (7.80) (5.60) (2.38) (2.20) (0.80) (1.17) (1.61) (1.28) (1.16) (1.06) (22.5%)
Cash flow (10.58) (2.24) (4.67) (1.95) (0.85) (0.72) (1.04) (1.15) (1.07) (1.00) (0.54) (23.1%)
Capex (0.79) (0.18) (0.10) (0.06) (0.02) (0.04) (0.05) (0.08) (0.06) (0.05) (0.03) (26.5%)
Free cash flow (11.36) (2.42) (4.77) (2.01) (0.87) (0.76) (1.09) (1.24) (1.13) (1.05) (0.58) (23.3%)
Book value 7.58 8.76 3.28 2.35 1.08 4.07 2.91 1.62 2.19 0.86 2.51 (21.5%)
Shares, m 1 1 1 2 4 6 6 6 8 9 12 +28.5%
Valuation, ×
Valuation, × P/E 0.00 — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S 18.47 — — — 33.13 124.23 329.86 241.11 716.81 653.41 796.21 302.4
P/B 4.15 — — — 7.55 2.97 3.74 4.77 3.45 3.58 0.82 4.3
EV/Sales 15.88 — — — 29.71 84.60 251.06 200.16 536.66 519.82 (142.70) 234.0
EV/FCF (2.38) — — — (8.40) (10.79) (7.62) (5.20) (4.99) (2.34) 0.64 (6.0)
Cash, $m
Cash, $m Operating cash flow (10) (3) (7) (3) (3) (4) (6) (7) (9) (9) (9) (1.1%)
Capex (1) 0 0 0 0 0 0 (1) (1) 0 (1) (5.5%)
Free cash flow (11) (3) (7) (3) (3) (5) (7) (8) (9) (10) (10) (1.4%)
Balance, $m
Balance, $m Working capital 5 9 4 3 3 23 16 8 16 6 40 +2.0%
Net debt (4) (10) (3) (3) (3) (23) (16) (8) (16) (6) (41) +4.3%
Shareholders’ equity 7 12 5 4 4 24 18 10 18 8 42 +0.9%
Returns, %
Returns, % ROA (77.74) (92.48) (80.12) (68.72) (149.91) (30.77) (31.76) (62.91) (64.96) (70.82) (39.61) +6.9 pt
ROIC (226.87) (169.62) (201.13) (177.54) (300.75) (232.02) (293.63) (408.23) (343.86) (390.90) (652.62) (164.0) pt
ROE (91.83) (110.90) (97.74) (92.57) (201.96) (34.10) (34.19) (71.18) (74.64) (82.22) (43.05) +9.6 pt
People
People Employees 30 19 7 5 5 7 8 11 16 17 — (6.1%)
Revenue/emp, $m 0.05 0.00 0.00 0.00 0.09 0.08 0.03 0.02 0.01 0.00 — (29.9%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Ideal Power Inc. vs peers in Semiconductors (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
GCTS GCT Semiconductor Holding, Inc. $95.7M — (loss-making) — (loss-making) −17.85% (below 0%: shrinking) n/m −93.34% (below 0%: shrinking) (23.27%) (763.65%) Compare
MX Magnachip Semiconductor Corp. $78.0M — (loss-making) — (loss-making) −6.13% (below 0%: shrinking) n/m +84.00% (above 0%: growing) 19.35% (22.32%) Compare
SQNS Sequans Communications S.A. $37.5M — (loss-making) — (loss-making) +182.83% (above 0%: growing) n/m +66.06% (above 0%: growing) 33.03% (11.47%) Compare
IPWR Ideal Power Inc. $34.5M — (loss-making) — (loss-making) +7.41% (above 0%: growing) n/m −1.57% (below 0%: shrinking) 31.03% (62,467.24%)
NA Nano Labs Ltd. Sponsored ADR $30.8M — — — n/m +46.67% (above 0%: growing) 100.00% 100.00% Compare
PXLW Pixelworks, Inc. $29.5M 0.5× — (loss-making) −99.22% (below 0%: shrinking) n/m +63.54% (above 0%: growing) 60.94% (5,256.25%) Compare
LEDS SemiLEDS Corporation $18.4M — (loss-making) — (loss-making) −48.59% (below 0%: shrinking) +500.00% (above 0%: growing) +455.26% (above 0%: growing) 27.11% 15.62% Compare
MOBX Mobix Labs, Inc. $13.3M — (loss-making) — −66.43% (below 0%: shrinking) n/m −40.77% (below 0%: shrinking) 12.93% (932.07%) Compare
FABC Fabric.AI, Inc. $10.7M — (loss-making) — (loss-making) −96.13% (below 0%: shrinking) n/m −79.60% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $30.2M — — −48.59% — +55.11% 23.23% (16.89%)

All 68 Semiconductors stocks →

Pay and ownership Proxy statement filed 27 April 2026

Ownership

Directors and executive officers, together 3.42%
AWM Investment Company, Inc. 9.99%
AIGH 9.99%
Laurence W. Lytton 9.99%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Ideal Power Inc. (IPWR) Latest News

29 Oct

Impact 3 · · PR Newswire

12 Oct

Impact 4 · · Business Wire

20 Aug

Impact 4 · · Proactive Investors
Impact 3 · · The Motley Fool transcript

13 Aug

Impact 4 ·
Impact 4 ·
Impact 4 · · Proactive Investors
Impact 3 · · MarketBeat transcript
Impact 3 · · Moby transcript
Impact 3 ·

22 May

Impact 4 · · Proactive Investors

19 May

Impact 3 · · Proactive Investors

18 May

Impact 3 · · PR Newswire

16 May

Impact 4 · · Proactive Investors

15 May

Impact 4 · · Proactive Investors

14 May

Impact 4 · · PR Newswire
Impact 4 · · Proactive
Impact 4 · · Proactive Investors
Impact 4 · · PR Newswire
Impact 3 · · GuruFocus.com
Impact 3 · · MarketBeat

13 May

Impact 3 · · Moby

12 Mar

Impact 4 · · Proactive Investors

10 Mar

Impact 4 · · GuruFocus.com
Impact 4 · · The Motley Fool transcript
Impact 4 · · Proactive
Impact 4 · · Proactive Investors
Impact 4 · · PR Newswire
Impact 3 · · Associated Press Finance

26 Feb

Impact 4 · · Proactive Investors
stockrow.com/IPWR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com