Ideal Power (IPWR)
Develops bidirectional B-TRAN power switches and SymCool modules for power-control systems.
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Sells B-TRAN power switches and SymCool modules through paid development programs and low-volume product sales, pursuing design-ins for circuit protection, EV, grid, and data-center uses. The B-TRAN-focused business relies on customer qualification and partner-supported manufacturing.
Develops and commercializes B-TRAN, a proprietary silicon power switch that conducts and blocks voltage in both directions on a symmetric die. Its current products are the discrete B-TRAN device and the B-TRAN-based SymCool Power Module, aimed at solid-state circuit protection, EV contactors and drivetrains, charging, renewable-energy and storage systems, data centers, industrial motor drives, grid switching, and defense applications.
Generates commercial revenue through paid development work alongside low-volume sales of devices, modules, and evaluation products. Customer qualification and design-ins, supported by distributors, sales representatives, OEMs, and manufacturing partners, are the intended path to higher-volume production; programs span the United States, Asia, and Europe.
Operates as a B-TRAN-focused segment using third parties for wafer production, packaging, drive circuitry, consulting, and other services. Its current business therefore depends on partner execution, customer evaluations, and adoption of its current product portfolio.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $41.3M · Total debt $358.4K · Total assets $45.0M · Shareholders' equity $42.5M
- Revenue
- $5.8K
- Operating income
- −$3.6M
- Net income
- −$3.4M
No dividends on record.
| Institutions | 38.71% | 6.36M shares | |
|---|---|---|---|
| 47 holders · as of Jun 30, 2026 | |||
| Insiders | 5.52% | 906.8K shares | |
| 7 holders · as of Aug 27, 2026 | |||
| Other | 55.77% | 9.17M shares | |
| remainder | |||
16.43M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
AWM Investment Company, Inc.Institution | 8.19% | 1.35M | as of Jun 30, 2026 |
Aigh Capital Management LLCInstitution | 5.44% | 894,731 | as of Jun 30, 2026 |
Goldman Sachs Group IncInstitution | 4.02% | 660,303 | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.71% | 608,959 | as of Jun 30, 2026 |
Stifel Financial CorpInstitution | 2.85% | 468,906 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 26, 2026 | Michael C. Turmelle | director | +5,250 | $7.60 |
| Feb 25, 2026 | David M. Somo | director, officer: President and CEO | +90,909 | $2.75 |
- ON Semiconductor
SiC modules and protection switches in EV, storage, UPS, and SSCBs.
- STMicroelectronics (ADR)
1200-V SiC devices and modules for EV and high-power industrial systems.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Ideal Power | $4.36 | +2.21% | $70.1M | — | — | 2,318.0 | +354.9% |
| ON Semiconductor | $71.86 | +0.20% | $27.92B | 46.0 | 18.4 | 4.5 | +9.2% |
| STMicroelectronics (ADR) | $53.16 | +2.96% | $46.08B | 101.2 | 26.7 | 3.5 | +24.4% |
| Median | 73.6 | 22.6 | 4.0 | +16.8% |