14 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $37728 | -$11M | -60.1% | -28979.0% | -$9M | — | $6M |
| 2024 | $86032 | -$10M | -8.6% | -12868.7% | -$9M | — | $16M |
| 2023 | $198871 | -$10M | 19.2% | -5205.4% | -$7M | — | $8M |
| 2022 | $203269 | -$7M | 0.0% | -3612.4% | -$7M | — | $16M |
| 2021 | $576399 | -$5M | 0.0% | -841.3% | -$4M | — | $23M |
| 2020 | $428129 | -$8M | 0.0% | -950.2% | -$3M | — | $3M |
| 2019 | $0 | -$4M | — | — | -$3M | — | $3M |
| 2018 | $0 | -$8M | — | — | -$7M | — | $3M |
| 2017 | — | -$10M | — | — | -$7M | — | $10M |
| 2016 | — | -$11M | — | — | -$10M | — | $4M |
| 2015 | — | -$10M | — | — | -$9M | — | $15M |
| 2014 | — | -$7M | — | — | — | — | $8M |
| 2013 | — | -$10M | — | — | — | $0 | $14M |
| 2012 | — | -$5M | — | — | — | $2M | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $0 | -$4M | — | — | -$2M | — | $16M |
| Dec '25 | $0 | -$2M | — | — | -$2M | — | $6M |
| Sep '25 | $24450 | -$3M | -6.6% | -12353.0% | -$3M | — | $8M |
| Jun '25 | $1275 | -$3M | -172.7% | -246313.2% | -$2M | — | $11M |
| Mar '25 | $12003 | -$3M | -157.1% | -23534.4% | -$2M | — | $14M |
| Dec '24 | $5408 | -$3M | -9.6% | -51009.2% | -$3M | — | $16M |
| Sep '24 | $554 | -$3M | -172.7% | -523399.1% | -$2M | — | $19M |
| Jun '24 | $1331 | -$3M | -1212.8% | -216830.4% | -$2M | — | $20M |
| Mar '24 | $78739 | -$2M | 13.0% | -3209.3% | -$2M | — | $20M |
| Dec '23 | $61483 | -$2M | 24.5% | -4041.6% | -$2M | — | $8M |
| Sep '23 | $1557 | -$3M | -79.0% | -182386.4% | -$2M | — | $11M |
| Jun '23 | $135167 | -$2M | 18.1% | -1766.8% | -$2M | — | $13M |
| Mar '23 | $664 | -$3M | 0.0% | -397483.0% | -$2M | — | $15M |
| Dec '22 | $16608 | -$2M | 0.0% | -11978.0% | -$2M | — | $16M |
| Sep '22 | $10675 | -$2M | 0.0% | -16454.8% | -$2M | — | $18M |
| Jun '22 | $50978 | -$2M | 0.0% | -3327.3% | -$2M | — | $20M |
| Mar '22 | $125008 | -$2M | 0.0% | -1520.6% | -$1M | — | $22M |
| Dec '21 | $128605 | -$1M | 0.0% | -1100.2% | -$1M | — | $23M |
| Sep '21 | $121028 | -$1M | 0.0% | -1019.3% | -$1M | — | $24M |
| Jun '21 | $84705 | -$1M | 0.0% | -1506.7% | -$989215 | — | $26M |
How the market has priced IPWR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Ideal Power Inc.'s revenue has declined 38.5% per year. These are computed facts, not advice.
As of FY2025, Ideal Power Inc. reported — of total debt against $6M of cash.
In FY2025, gross margin was -60.1%, operating margin -28979.0%, and net margin -28038.6%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.