Delisting riskPopularity #4,078
IPW · NASDAQ · Specialty Retail

iPower (IPW)

Sells home, garden and pet goods online while providing SuperSuite supply-chain services.

$1.20
After hours−0.01 (−0.83%)
At close$1.21(−20.72%)
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iPower Inc.IPW
Consumer Discretionary

Sells branded and partner consumer goods through online marketplaces and its own websites, while providing SuperSuite supply-chain and e-commerce services. A partner-heavy model relies on third-party suppliers, fulfillment centers, carriers and marketplace channels; newer digital-asset and AI-infrastructure activity remains a capital-allocation initiative.

Operates an online retail and supply-chain services business spanning home goods, fans, shelving, pet and outdoor products, gardening equipment and consumer electronics. Its iPower and Simple Deluxe brands reach customers through Amazon, Walmart.com, TikTok, Temu, other marketplaces and company websites; most activity is in the United States.

Uses data-driven methods to select products, guide launches and optimize marketplace sales. Revenue comes mainly from product shipments, complemented by SuperSuite sourcing, merchandising, warehousing, fulfillment, software and data services for third-party brands. It relies on outside suppliers, partner fulfillment centers, carriers and marketplace platforms rather than manufacturing products.

Following the GPM sale, it retained software, procurement, fulfillment and a supply-and-distribution relationship for historical SKUs. Its newer digital-asset treasury and GPU-collateralized-loan investment activity had not produced reported operating revenue in its latest reported period.

Company facts

CEOChenlong Tan
ListedMay 12, 2021
ExchangeNASDAQ
HeadquartersRancho Cucamonga, CA
CountryUnited States
Employees14
CIK0001830072
ISINUS46265P4046

Market cap$24.5K
EPS (ttm)−$558.45
P/E (ttm)−0.0027
ROE-44.7%
P/B0.0014
P/S0.0007
Dividend yieldDiv yield
Beta2.16vs XLY −0.58

No analyst consensus on record.

Next report
Sep 29, 26
in 7 days
EPS estimate
$43.20
Revenue estimate
$12.4M
Fiscal quarter
Q4 FY26

EPSReportedEstimate

Nov '24Feb '25May '25Oct '25Nov '25Feb '26May '26Sep '26
Reported−$0.54$21.62−$21.62−$1.95−$36.72−$0.78−$12.96Pending
Estimate$0.18−$0.02$86.40$1.30$0.60$43.20
Surprise−400.0%+108,200.0%−125.0%−250.2%−2,260.0%

RevenueReportedEstimate

Nov '24Feb '25May '25Oct '25Nov '25Feb '26May '26Sep '26
Reported$19.0M$19.1M$16.6M$11.5M$12.0M$7.1M$3.5MPending
Estimate$20.9M$19.2M$24.0M$28.1M$12.4M$12.4M
Surprise−9.1%−0.7%−31.0%−59.1%−71.8%
Estimate$43.20
ReportedDue Sep 29, 2026
Estimate$12.4M
ReportedDue Sep 29, 2026
View details

Debt to equity45.00%
Current ratio210.40%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$19.5M$19.0M$19.1M$16.6M$11.5M$12.0M$7.1M$3.5M
Net income$657.1K−$2.0M$218.8K−$339.6K−$2.8M−$533.6K−$1.2M−$3.5M
Net margin3.4%0.0%1.1%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income$1.3M−$2.7M$683.6K−$269.0K−$3.5M−$1.7M−$2.4M−$1.1M
YoY growthTurned profitLoss widenedTurned profitTurned lossTurned lossLoss narrowedTurned lossLoss widened

Balance sheet, Mar 31, 2026Cash & short-term investments $713.7K · Total debt $7.7M · Total assets $31.3M · Shareholders' equity $17.2M

Revenue
$3.5M
Operating income
−$1.1M
Net income
−$3.5M
View details

No dividends on record.

Institutions0.65%479 shares
5 holders · as of Mar 31, 2026
Insiders3.93%2.9K shares
1 holder · as of Nov 13, 2025
Strategic holders10.15%7.5K shares
1 holder · as of Jul 9, 2026
Other85.27%62.6K shares
remainder

73.5K company shares as of Sep 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

Two share counts disagree (73.5K in the company's Sep 22, 2026 report, 16.1K elsewhere); stakes use the report.

1 position filed across a stock split leaves its adjustment unstated and stays out of the bar.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
HRT Financial LPStrategic10 percent owner
10.15%7,461filed Jul 9, 2026
Chenlong TanInsiderdirector, 10 percent owner, officer: CEO & Chairman
3.93%2,887filed Nov 13, 2025
Geode Capital Management, LLCInstitution
0.52%27,503as of Mar 31, 2026
UBS Group AGInstitution
0.13%6,931as of Mar 31, 2026
Advisor Group Holdings, Inc.Institution
0.00%16as of Mar 31, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 7, 2026HRT Financial LP10 percent owner−12,940$1.78
Jul 6, 2026HRT Financial LP10 percent owner+17,944$2.08
View details

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CompareAfter hours

CompanyPriceChange
iPower$1.20−0.83%$24.5K0.00.0−78.9%
Wayfair$107.35+0.04%$14.38B31.71.1+7.5%
Hydrofarm$1.01+2.00%$4.7M0.0−40.9%
GrowGeneration$1.58+0.64%$94.3M0.6+5.5%
Median31.70.6+5.5%