# Ideal Power Inc.: overview

IPWR · Nasdaq · CIK 1507957 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ipwr.md) · [Financials](/companies/ipwr/financials.md) · [Filings](/companies/ipwr/filings.md) · [Insiders](/companies/ipwr/insiders.md)

Latest reported revenue: [$5.8k](/filings/0001437749-26-027661.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 13, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001437749-26-027661).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [0.6](/filings/0001437749-25-034655.md) | [5.4 d](/filings/0001437749-26-009995.md) | [12.0](/filings/0001437749-26-017430.md) | [1.3](/filings/0001437749-26-027661.md) | [24.5](/filings/0001437749-25-034655.md) | [0.0 d](/filings/0001437749-26-009995.md) | [0.0](/filings/0001437749-26-017430.md) | [5.8](/filings/0001437749-26-027661.md) |
| Gross margin | % | [(172.7%)](/filings/0001437749-25-034655.md) | [(9.6%) d](/filings/0001437749-26-009995.md) | [(157.1%)](/filings/0001437749-26-017430.md) | [(172.7%)](/filings/0001437749-26-027661.md) | [(6.6%)](/filings/0001437749-25-034655.md) | not reported | not reported | [30.9%](/filings/0001437749-26-027661.md) |
| Operating margin | % | [(523399.1%)](/filings/0001437749-25-034655.md) | [(51009.2%) d](/filings/0001437749-26-009995.md) | [(23534.4%)](/filings/0001437749-26-017430.md) | [(246313.2%)](/filings/0001437749-26-027661.md) | [(12353.0%)](/filings/0001437749-25-034655.md) | not reported | not reported | [(62468.1%)](/filings/0001437749-26-027661.md) |
| Net margin | % | [(485622.4%)](/filings/0001437749-25-034655.md) | [(47998.8%) d](/filings/0001437749-26-009995.md) | [(22519.6%)](/filings/0001437749-26-027661.md) | [(238177.6%)](/filings/0001437749-26-027661.md) | [(12027.2%)](/filings/0001437749-25-034655.md) | not reported | not reported | [(58843.6%)](/filings/0001437749-26-027661.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $k | [(2,351) d](/filings/0001437749-25-034655.md) | [(2,554) d](/filings/0001437749-26-009995.md) | [(2,078)](/filings/0001437749-26-017430.md) | [(2,388) d](/filings/0001437749-26-027661.md) | [(2,618) d](/filings/0001437749-25-034655.md) | [(2,170) d](/filings/0001437749-26-009995.md) | [(2,177)](/filings/0001437749-26-017430.md) | [(2,448) d](/filings/0001437749-26-027661.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [576](/filings/0001104659-23-039133.md) | [203](/filings/0001437749-24-010360.md) | [199](/filings/0001437749-25-009911.md) | [86.0](/filings/0001437749-26-009995.md) | [37.7](/filings/0001437749-26-009995.md) |
| Gross margin | % | [0.0%](/filings/0001104659-23-039133.md) | [0.0%](/filings/0001437749-24-010360.md) | [19.2%](/filings/0001437749-25-009911.md) | [(8.6%)](/filings/0001437749-26-009995.md) | [(60.1%)](/filings/0001437749-26-009995.md) |
| Operating margin | % | [(841.3%)](/filings/0001104659-23-039133.md) | [(3612.4%)](/filings/0001437749-24-010360.md) | [(5205.4%)](/filings/0001437749-25-009911.md) | [(12868.7%)](/filings/0001437749-26-009995.md) | [(28979.0%)](/filings/0001437749-26-009995.md) |
| Net margin | % | [(827.6%)](/filings/0001104659-23-039133.md) | [(3536.9%)](/filings/0001437749-24-010360.md) | [(5005.3%)](/filings/0001437749-25-009911.md) | [(12109.2%)](/filings/0001437749-26-009995.md) | [(28038.6%)](/filings/0001437749-26-009995.md) |
| Diluted EPS | $ per share | [(0.80)](/filings/0001104659-23-039133.md) | [(1.17)](/filings/0001104659-23-039133.md) | not reported | not reported | not reported |
| Free cash flow | $k | [(4,325)](/filings/0001104659-23-039133.md) | [(6,567)](/filings/0001437749-24-010360.md) | [(7,372)](/filings/0001437749-25-009911.md) | [(8,940)](/filings/0001437749-26-009995.md) | [(9,255)](/filings/0001437749-26-009995.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ipwr/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [AWM Investment Company, Inc.](/funds/1535264.md) | 2026-06-30 | $7.2m | 1,346,244 |  | Added +149,395 |
| [AIGH Capital Management LLC](/funds/1835943.md) | 2026-06-30 | $4.8m | 894,731 |  | Reduced −286,965 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $3.5m | 660,303 |  | Added +423,054 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $3.3m | 608,959 |  | Added +294,521 |
| [STIFEL FINANCIAL CORP](/funds/720672.md) | 2026-06-30 | $2.5m | 468,906 |  | Added +387,454 |
| [Coppell Advisory Solutions LLC](/funds/1848433.md) | 2026-06-30 | $2.5m | 11 |  | New +11 |
| [Bleichroeder LP](/funds/1781002.md) | 2026-06-30 | $2.1m | 400,000 |  | Added +100,000 |
| [Baird Financial Group, Inc.](/funds/1648711.md) | 2026-06-30 | $1.7m | 326,068 |  | New +326,068 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $1.7m | 318,217 |  | New +318,217 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $1.4m | 268,807 |  | Added +244,752 |

## Recent filings

[All 447 filings](/companies/ipwr/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-13 | 16:04 ET | [10-Q](/filings/0001437749-26-027661.md) | Quarterly report, period 2026-06-30 | 0001437749-26-027661 |
| 2026-08-13 | 09:25 ET | [8-K](/filings/0001437749-26-027505.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-027505 |
| 2026-06-04 | 16:03 ET | [8-K](/filings/0001437749-26-019559.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001437749-26-019559 |
| 2026-05-18 | 17:23 ET | [8-K](/filings/0001437749-26-017643.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001437749-26-017643 |
| 2026-05-15 | 17:00 ET | [10-Q](/filings/0001437749-26-017430.md) | Quarterly report, period 2026-03-31 | 0001437749-26-017430 |
| 2026-05-14 | 09:25 ET | [8-K](/filings/0001437749-26-016899.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-016899 |
| 2026-04-27 | 16:05 ET | [DEF 14A](/filings/0001437749-26-013466.md) | Proxy statement, period 2026-06-03 | 0001437749-26-013466 |
| 2026-03-27 | 16:07 ET | [S-1](/filings/0001437749-26-010088.md) | Registration statement | 0001437749-26-010088 |
| 2026-03-27 | 09:15 ET | [10-K](/filings/0001437749-26-009995.md) | Annual report, period 2025-12-31 | 0001437749-26-009995 |
| 2026-03-10 | 10:32 ET | [8-K](/filings/0001437749-26-007446.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-007446 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-009995.md), filed Mar 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/df03de51-1da5-4681-9f27-33d1d6e63ce0)

## About the filer

- CIK: 1507957
- Tickers: IPWR
- Exchange: Nasdaq
- SIC code: 3674 Semiconductors & Related Devices
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:41 ET. No prices; not investment advice.
