Saturday 17 October 2026
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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. 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.
2.98
0.23
−7.17%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 29.70 | 10.99 | 2.04 | 1.82 | 1.08 | 6.65 | 7.01 | 7.01 | 5.61 | 2.76 |
Analyst estimates 2026–2028 Powerpack |
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| High | 81.30 | 38.59 | 16.50 | 10.10 | 11.74 | 24.95 | 14.89 | 13.90 | 13.98 | 8.62 | |||||
| People | |||||||||||||||
| People | Employees | 30 | 19 | 7 | 5 | 5 | 7 | 8 | 11 | 16 | 17 | ||||
| Revenue/emp, $m | 0.05 | 0.00 | 0.00 | 0.00 | 0.09 | 0.08 | 0.03 | 0.02 | 0.01 | 0.00 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 2 | — | — | — | 0 | 1 | 0 | 0 | 0 | 0 | ||||
| Gross margin, % | (19.09) | 0.00 | 0.00 | 0.00 | (897.69) | 0.00 | 0.00 | 19.26 | (8.60) | (60.21) | |||||
| EBT | (11) | (4) | (4) | (3) | (8) | (5) | (7) | (10) | (10) | (11) | |||||
| 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) | |||||
| Net income | (11) | (4) | (4) | (3) | (8) | (5) | (7) | (10) | (10) | (11) | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| 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 | ||||
| Earnings | (11.50) | (7.80) | (5.60) | (2.38) | (2.20) | (0.80) | (1.17) | (1.61) | (1.28) | (1.16) | |||||
| Cash flow | (10.58) | (2.24) | (4.67) | (1.95) | (0.85) | (0.72) | (1.04) | (1.15) | (1.07) | (1.00) | |||||
| Capex | (0.79) | (0.18) | (0.10) | (0.06) | (0.02) | (0.04) | (0.05) | (0.08) | (0.06) | (0.05) | |||||
| Free cash flow | (11.36) | (2.42) | (4.77) | (2.01) | (0.87) | (0.76) | (1.09) | (1.24) | (1.13) | (1.05) | |||||
| Book value | 7.58 | 8.76 | 3.28 | 2.35 | 1.08 | 4.07 | 2.91 | 1.62 | 2.19 | 0.86 | |||||
| Shares, m | 1 | 1 | 1 | 2 | 4 | 6 | 6 | 6 | 8 | 9 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | 18.47 | — | — | — | 33.13 | 124.23 | 329.86 | 241.11 | 716.81 | 653.41 | |||||
| P/B | 4.15 | — | — | — | 7.55 | 2.97 | 3.74 | 4.77 | 3.45 | 3.58 | |||||
| EV/Sales | 15.88 | — | — | — | 29.71 | 84.60 | 251.06 | 200.16 | 536.66 | 519.82 | |||||
| EV/FCF | (2.38) | — | — | — | (8.40) | (10.79) | (7.62) | (5.20) | (4.99) | (2.34) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (10) | (3) | (7) | (3) | (3) | (4) | (6) | (7) | (9) | (9) | ||||
| Capex | (1) | 0 | 0 | 0 | 0 | 0 | 0 | (1) | (1) | 0 | |||||
| Free cash flow | (11) | (3) | (7) | (3) | (3) | (5) | (7) | (8) | (9) | (10) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 5 | 9 | 4 | 3 | 3 | 23 | 16 | 8 | 16 | 6 | ||||
| Total debt | — | — | — | 0 | 0 | 0 | 0 | — | — | — | |||||
| Net debt | (4) | (10) | (3) | (3) | (3) | (23) | (16) | (8) | (16) | (6) | |||||
| Shareholders’ equity | 7 | 12 | 5 | 4 | 4 | 24 | 18 | 10 | 18 | 8 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (77.74) | (92.48) | (80.12) | (68.72) | (149.91) | (30.77) | (31.76) | (62.91) | (64.96) | (70.82) | ||||
| ROIC | (226.87) | (169.62) | (201.13) | (177.54) | (300.75) | (232.02) | (293.63) | (408.23) | (343.86) | (390.90) | |||||
| ROE | (91.83) | (110.90) | (97.74) | (92.57) | (201.96) | (34.10) | (34.19) | (71.18) | (74.64) | (82.22) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
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 |
|---|---|---|---|---|---|---|---|---|---|
| GSIT GSI Technology, Inc. | $165.3M | — (loss-making) | — (loss-making) | +0.46% (above 0%: growing) | n/m | −143.28% (below 0%: shrinking) | 53.37% | (85.31%) | Compare |
| GCTS GCT Semiconductor Holding, Inc. | $161.9M | — (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. | $104.6M | — (loss-making) | — (loss-making) | −6.13% (below 0%: shrinking) | n/m | +84.00% (above 0%: growing) | 19.35% | (22.32%) | Compare |
| IPWR Ideal Power Inc. | $52.8M | — (loss-making) | — (loss-making) | +7.41% (above 0%: growing) | n/m | −1.57% (below 0%: shrinking) | 31.03% | (62,467.24%) | |
| WQEY WISeQey Corp | $41.1M | — (loss-making) | — | +55.93% (above 0%: growing) | n/m | −92.17% (below 0%: shrinking) | 52.94% | 0.00% | Compare |
| NA Nano Labs Ltd. Sponsored ADR | $40.9M | — | — | — | n/m | +46.67% (above 0%: growing) | 100.00% | 100.00% | Compare |
| SQNS Sequans Communications S.A. | $38.6M | — (loss-making) | — (loss-making) | −8.39% (below 0%: shrinking) | n/m | −1,233.27% (below 0%: shrinking) | 32.90% | (96.68%) | Compare |
| ICG Intchains Group Limited Unsponsored ADR | $38.2M | — (loss-making) | — (loss-making) | −38.03% (below 0%: shrinking) | n/m | +49.54% (above 0%: growing) | (137.17%) | (198.09%) | Compare |
| PXLW Pixelworks, Inc. | $33.0M | 0.5× | — (loss-making) | −59.75% (below 0%: shrinking) | n/m | +63.54% (above 0%: growing) | 60.94% | (5,256.25%) | Compare |
| Median of peers | $41.0M | — | — | −8.39% | — | −22.75% | 42.92% | (90.99%) |
Ideal Power Inc. (IPWR) key facts
- Concern: Ideal Power Inc.’s revenue for fiscal 2025 (year ended December 2025) was $37,700.00, down 56.2% from fiscal 2024.
- Concern: Ideal Power Inc. reported a net loss of $10.6 million, or a loss of $1.16 per share, for fiscal 2025.
- Ideal Power Inc. (IPWR) is a Semiconductors company in the Technology sector, listed on Nasdaq.
- As of October 16, 2026, IPWR traded at $2.98, a market capitalization of $52.8 million.
- Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 1,157× sales.
- Return on equity was −82.2% and debt-to-equity 0.00.
- Its Piotroski F-score is 2 out of 9 and its Altman Z-score is −11.57 (distress zone) for fiscal 2025.
Ideal Power Inc. (IPWR) Latest News
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