IPWNasdaqRetail-Building Materials, Hardware, Garden SupplyFiscal year ends June 30
iPower Inc.
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Oct 2, 2026
$0.38−0.02 (-4.17%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2026
Gross margin
20.2%−22.0 pts over 5 years
Operating margin
-72.3%−77.8 pts over 5 years
Net margin
–
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -68.4% | -39.2% | -18.1% | – | |
| Gross profit | -85.2% | -51.2% | -29.3% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -5.6% | – | |
| Return on assets | – | -3.1% | – | |
| Current ratio | – | 3.58 | 1.47 | |
| Interest coverage | – | – | -109.2× | |
| Inventory turnover | – | 3.3× | 3.9× | |
| Capex to revenue | – | 0.1% | 0.0% | |
| Diluted shares | – | 1M | 0M |
Where the cash went
Fiscal 2022 to 2026, five years combined
iPower generated $32.72M from operations and spent $830.33K on capital expenditure, dividends and share buybacks. 95% of that went back into the business.
Generated
$32.72M
Used
$830.33K
Capital expenditure$788.57K95%Dividends$00%Share buybacks$41.76K5%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.4%
×Asset turnover2.19×
×Equity multiplier1.77×
=Return on equity, FY2021-5.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2021 | -1.4% | 2.19× | 1.77× | -5.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
1of 5 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero-$163.47K
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income-$163.47K vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.34 → 1.47
- No dilutionShare count did not rise0M → 0M
- Gross margin improvedGross margin up on the prior year43.29% → 20.24%
- More efficientAsset turnover rose1.23 → 0.56