Stocktoria
Ideal Power Inc. IPWR
Ideal Power Inc. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37,728 | $86,032 | $198,871 | $203,269 | $576,399 | $428,129 | $0 | $0 | $0 | $1.6M |
| Gross profit | -$22,680 | -$7,377 | $38,258 | $0 | $0 | $0 | $0 | $0 | $0 | -$310,972 |
| R&D expense | $6.0M | $6.2M | $5.7M | $3.4M | $1.9M | $1.7M | $1.1M | $871,742 | $715,841 | $5.2M |
| Operating income | -$10.9M | -$11.1M | -$10.4M | -$7.3M | -$4.8M | -$4.1M | -$3.1M | -$4.3M | -$4.2M | -$11.0M |
| Interest expense | — | — | — | — | $12,701 | $5,049 | $4,267 | — | — | — |
| Income tax | $1,300 | $0 | — | — | — | — | — | — | — | — |
| Net income | -$10.6M | -$10.4M | -$10.0M | -$7.2M | -$4.8M | -$7.8M | -$3.9M | -$7.9M | -$10.4M | -$11.0M |
| EPS (diluted) | — | — | — | $-1.17 | $-0.80 | $-2.20 | — | — | — | — |
| Operating cash flow | -$9.1M | -$8.7M | -$7.1M | -$6.4M | -$4.3M | -$3.0M | -$2.5M | -$6.5M | -$7.4M | -$10.1M |
| Free cash flow | -$9.3M | -$8.9M | -$7.4M | -$6.6M | -$4.3M | -$3.0M | -$2.5M | -$6.5M | -$7.5M | -$10.5M |
| Cash & equivalents | $6.1M | $15.8M | $8.5M | $16.3M | $23.2M | $3.2M | $3.1M | $3.3M | $10.0M | $4.2M |
| Inventory | $9,700 | $96,406 | $81,450 | $0 | — | — | — | — | $251,363 | $1.2M |
| Total assets | $10.0M | $19.8M | $12.2M | $19.4M | $25.9M | $5.1M | $5.3M | $6.2M | $13.6M | $9.0M |
| Total liabilities | $2.2M | $2.0M | $2.2M | $1.5M | $1.7M | $1.3M | $1.4M | $1.6M | $2.0M | $1.8M |
| Shareholders' equity | $7.9M | $17.9M | $10.1M | $17.9M | $24.1M | $3.8M | $3.9M | $4.6M | $11.6M | $7.2M |
Growth · year-over-year · Revenue CAGR -34.2%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -56.1% | -56.7% | -2.2% | -64.7% | +34.6% | — | — | — | -100.0% | -61.8% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.