iPower profit margin IPW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- −48.3%
- Operating margin, 12 months
- −60.5%
- Net margin on a year earlier
- −40.6 pts
- Peer median
- 2.8%
Over the twelve months to Jun 30, 2026, iPower kept −48.3% of its revenue as net profit, with an operating margin of −60.5% and a gross margin of 24.5%.
Five years earlier its net margin was −1.4%.
The median for 6 home improvement stocks of a similar size is 2.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −48.3% | −60.5% | 24.5% |
| FY2025 | −7.7% | −9.1% | 43.6% |
| FY2024 | −1.8% | −1.1% | 44.3% |
| FY2023 | −13.5% | −15.2% | 39.1% |
| FY2022 | 1.9% | 2.9% | 41.8% |
| FY2021 | −1.4% | 5.5% | 42.2% |
| FY2020 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | −48.3% | −40.6 pts | −60.5% | |
| Q3 FY26 | −24.0% | −22.0 pts | −26.4% | |
| Q2 FY26 | −10.6% | −10.5 pts | −17.4% | |
| Q1 FY26 | −6.0% | −3.1 pts | −8.4% | |
| Q4 FY25 | −7.7% | −5.9 pts | −9.1% | |
| Q3 FY25 | −2.0% | +3.7 pts | −1.6% | |
| Q2 FY25 | −0.2% | +8.7 pts | 1.0% | |
| Q1 FY25 | −2.9% | +7.3 pts | −3.1% | |
| Q4 FY24 | −1.8% | +11.7 pts | −1.1% | |
| Q3 FY24 | −5.7% | +6.1 pts | −5.8% | |
| Q2 FY24 | −8.9% | −0.4 pts | −9.9% | |
| Q1 FY24 | −10.1% | −6.1 pts | −11.4% |
Against its peers
Companies in Home Improvement nearest iPower's size, closest first, today.
| Company | Profit margin |
|---|---|
| IPWiPower | −48.3% |
| JCTCJewett Cameron Trading | −20.9% |
| GRWGGrowGeneration | −10.1% |
| FNDFloor & Decor | 4.9% |
| BLDRBuilders FirstSource | 0.7% |
| LOWLowe's Companies | 7.3% |
| HDHome Depot | 8.4% |
| Peer median | 2.8% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on iPower
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.