iPower Inc. reports Q1 revenue of $12 million and net loss of $0.5 million

Reuters
2025.11.14 14:21
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iPower Inc. reported Q1 revenue of $12 million, down from $19 million last year. Services income more than doubled to $1.5 million. Gross profit was $4.8 million with a 40% margin. Net loss improved to $0.5 million from $2.1 million. Operating expenses decreased by 42% to $6.5 million. Cash and cash equivalents were $0.9 million, and total debt reduced by 48% to $1.9 million. Improvements attributed to cost optimization and increased services income.

iPower Inc. reported total revenue of $12.0 million for the fiscal first quarter ended September 30, 2025, compared to $19.0 million in the same period last year. Services income more than doubled to $1.5 million. Gross profit was $4.8 million, down from $8.5 million, with a gross margin of 40.0% versus 44.7% a year ago. The net loss attributable to iPower improved to $0.5 million, or $(0.51) per share, compared to a net loss of $2.1 million, or $(1.94) per share, in the prior-year quarter. Operating expenses decreased by 42% to $6.5 million, primarily due to personnel reductions and improved efficiencies. Cash and cash equivalents were $0.9 million at quarter end, with total debt reduced by 48% to $1.9 million. The company attributed the improvements to strategic cost optimization initiatives and a shift toward increased services income. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iPower Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-008376), on November 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here