The Dispatch • Est. 2026— — —
NASDAQ · Semiconductors · Fiscal year endsFY ends December

Ideal Power Inc

IPWR
$2.10-0.27 (-11.39%)Today
52-week low $1.97high $9.30
77.4% below its 52-week high
Next earningsNov 12, 2026
In its own words

We are solely focused on the further development and commercialization of our Bidirectional bipolar junction TRANsistor solid-state switch technology.

How Ideal Power Inc describes itself at the start of the business section of its latest 10-K, lightly trimmed. The company's words, not The Dispatch's.Read the filing ↗
What stands out

Three facts from its filings

Facts, not a verdict · through FY25
-$10.6M

It has reported a net loss in each of the last 13 years, $10.6M in 2025.

-99%

Revenue is 99% lower than in 2015, and fell 56% in 2025 to $37,728.

-60.1%

Gross margin fell from -8.6% to -60.1% in 2025, the first decline since 2024.

Price
-57.4% over 1Y
Earnings releases (4 in this range, from its SEC filings)Next earnings Nov 12, 2026Daily closes
Key numbers

The business in seven figures

Market value$34.5MShares × price
P/E—Not meaningful: a loss over the last 12 months
Revenue FY25$37,728-56% on the year
Net margin FY25-28038.6%Profit kept per dollar of sales
Gross margin FY25-60.1%Down from -8.6%
Free cash flow FY25-$9.3MCash left after investment (calculated)
Avg volume181KShares traded a day, last 3 months