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. In the quarter to June 2026, revenue grew 7.41%, EPS grew 39.4% and free cash flow fell 1.57%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Ideal Power Inc. (IPWR) Piotroski F-score
Ideal Power Inc.'s Piotroski F-score for fiscal 2025 is 2 out of 9: 2 of nine tests of profitability, leverage and efficiency passed, down from 3 in fiscal 2024.
Piotroski F-score, annual
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Annual newest first
| Period | Piotroski F-score | Change (points) |
|---|---|---|
| FY2025 | 2 | (1.00) |
| FY2024 | 3 | 1.00 |
| FY2016 | 2 | — |
How fiscal 2025’s score is made up
| Test | This year | Year before | Result | Points |
|---|---|---|---|---|
| Positive return on assets | (70.82%) | (64.96%) | Fail | 0 |
| Positive operating cash flow | (9.14m) | (8.74m) | Fail | 0 |
| Rising return on assets | (70.82%) | (64.96%) | Fail | 0 |
| Cash flow above net income | 1.44m | 1.68m | Pass | 1 |
| Falling long-term leverage | 0.00 | 0.00 | Pass | 1 |
| Rising current ratio | 6.72 | 29.06 | Fail | 0 |
| No new shares issued | 9,135,000 | 8,165,000 | Fail | 0 |
| Rising gross margin | (60.21%) | (8.60%) | Fail | 0 |
| Rising asset turnover | 0.00 | 0.01 | Fail | 0 |
| Piotroski F-score | Weak — most fundamentals deteriorated | 2 | ||
How the Piotroski F-score works
One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.
Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:
| 7–9 | Strong — most fundamentals improved |
|---|---|
| 4–6 | Mixed |
| 0–3 | Weak — most fundamentals deteriorated |
Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.
Piotroski F-score against peers
| Company | Piotroski F-score |
|---|---|
| NA Nano Labs Ltd. Sponsored ADR compare | 4 |
| PXLW Pixelworks, Inc. compare | 4 |
| WQEY WISeQey Corp compare | 4 |
| GSIT GSI Technology, Inc. compare | 4 |
| MX Magnachip Semiconductor Corp. compare | 3 |
| SQNS Sequans Communications S.A. compare | 2 |
| IPWR Ideal Power Inc. | 2 |
| GCTS GCT Semiconductor Holding, Inc. compare | 1 |
| ICG Intchains Group Limited Unsponsored ADR compare | 1 |
What Piotroski F-score is
The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.
One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover