Ideal Power Inc. (IPWR) — Financial statements
Income statement, balance sheet, and cash flow for Ideal Power Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 0.04↓56.1% | 0.09↓56.7% | 0.20↓2.2% | 0.20↓64.7% | 0.58 | |
| Cost of Revenue | 0.06↓35.3% | 0.09↓41.8% | 0.16↓21.0% | 0.20↓64.7% | 0.58 | |
| Gross Profit | -0.02↓207.4% | -0.01↓119.3% | 0.04 | 0.00 | 0.00 | |
| Operating Expenses | ||||||
| R&D Expenses | 6↓2.6% | 6↑8.1% | 6↑70.6% | 3↑74.6% | 2 | |
| General & Administrative Expenses | 4↑4.4% | 4↑2.1% | 4↑13.1% | 3↑29.7% | 2 | |
| Selling & Marketing Expenses | 1↓12.1% | 1↑12.1% | 1↑30.7% | 0.85↑66.2% | 0.51 | |
| SG&A Expenses | 5↑0.1% | 5↑4.5% | 5↑16.9% | 4↑36.1% | 3 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 11↓1.4% | 11↑6.5% | 10↑41.5% | 7↑51.4% | 5 | |
| Total Costs & Expenses | 11↓1.7% | 11↑5.7% | 11↑39.8% | 8↑39.1% | 5 | |
| Operating Results | ||||||
| Operating Income | -11↑1.2% | -11↓6.9% | -10↓41.0% | -7↓51.4% | -5 | |
| Depreciation & Amortization | 0.46↑9.8% | 0.42↑53.3% | 0.27↑45.3% | 0.19↑18.7% | 0.16 | |
| EBITDA | -10↑1.7% | -11↓5.7% | -10↓40.9% | -7↓52.5% | -5 | |
| EBIT | -11↑1.2% | -11↓6.9% | -10↓41.0% | -7↓51.4% | -5 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.35↓45.7% | 0.65↑64.1% | 0.40↑159.1% | 0.15↑1309.4% | -0.01 | |
| Interest Income | 0.35↓45.7% | 0.65↑64.1% | 0.40↑159.1% | 0.15 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.01 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.35↓45.7% | 0.65↑64.1% | 0.40↑159.1% | 0.15↑95.2% | 0.08 | |
| Income Before Tax | -11↓1.5% | -10↓4.7% | -10↓38.5% | -7↓50.7% | -5 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -11↓1.5% | -10↓4.7% | -10↓38.5% | -7↓50.7% | -5 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -11↓1.5% | -10↓4.7% | -10↓38.5% | -7↓50.7% | -5 | |
| Bottom-Line Net Income | -11↓1.5% | -10↓4.7% | -10↓38.5% | -7↓50.7% | -5 | |
| EPS (Basic) | -1.16↑9.4% | -1.28↑20.5% | -1.61↓43.7% | -1.12↓38.3% | -0.81 | |
| EPS (Diluted) | -1.16↑9.4% | -1.28↑20.5% | -1.61↓43.7% | -1.12↓38.3% | -0.81 | |
| Weighted Average Shares | 9↑11.9% | 8↑31.9% | 6↑0.5% | 6↑3.7% | 6 | |
| Weighted Average Diluted Shares | 9↑11.9% | 8↑31.9% | 6↑0.5% | 6↑3.7% | 6 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.