iPower Inc
NASDAQ:IPW
Income Statement
Earnings Waterfall
iPower Inc
Income Statement
iPower Inc
| Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
|
| Revenue |
40
N/A
|
48
+19%
|
51
+6%
|
54
+7%
|
54
+0%
|
56
+4%
|
62
+10%
|
72
+16%
|
79
+10%
|
88
+11%
|
90
+2%
|
88
-3%
|
89
+1%
|
89
+1%
|
87
-3%
|
90
+4%
|
86
-4%
|
79
-9%
|
81
+3%
|
74
-8%
|
66
-11%
|
59
-11%
|
47
-20%
|
|
| Gross Profit | ||||||||||||||||||||||||
| Cost of Revenue |
(25)
|
(29)
|
(30)
|
(31)
|
(31)
|
(32)
|
(35)
|
(41)
|
(46)
|
(52)
|
(54)
|
(53)
|
(54)
|
(53)
|
(51)
|
(51)
|
(48)
|
(43)
|
(44)
|
(41)
|
(37)
|
(34)
|
(27)
|
|
| Gross Profit |
15
N/A
|
18
+21%
|
20
+11%
|
23
+13%
|
23
0%
|
25
+8%
|
27
+11%
|
31
+13%
|
33
+8%
|
36
+8%
|
36
+1%
|
35
-4%
|
35
0%
|
37
+5%
|
36
-2%
|
39
+9%
|
38
-2%
|
36
-6%
|
37
+3%
|
33
-10%
|
29
-13%
|
25
-13%
|
20
-21%
|
|
| Operating Income | ||||||||||||||||||||||||
| Operating Expenses |
(12)
|
(14)
|
(16)
|
(18)
|
(20)
|
(21)
|
(24)
|
(27)
|
(31)
|
(36)
|
(42)
|
(44)
|
(45)
|
(47)
|
(45)
|
(44)
|
(39)
|
(38)
|
(36)
|
(34)
|
(35)
|
(30)
|
(28)
|
|
| Selling, General & Administrative |
(12)
|
(14)
|
(16)
|
(18)
|
(20)
|
(21)
|
(24)
|
(27)
|
(31)
|
(36)
|
(42)
|
(44)
|
(45)
|
(47)
|
(45)
|
(44)
|
(39)
|
(38)
|
(36)
|
(34)
|
(35)
|
(30)
|
(28)
|
|
| Operating Income |
3
N/A
|
4
+35%
|
4
+3%
|
4
+11%
|
3
-34%
|
3
+13%
|
4
+9%
|
4
+13%
|
2
-44%
|
(0)
N/A
|
(6)
-1 160%
|
(9)
-57%
|
(10)
-17%
|
(10)
+3%
|
(9)
+15%
|
(5)
+40%
|
(1)
+82%
|
(2)
-153%
|
1
N/A
|
(1)
N/A
|
(6)
-446%
|
(5)
+18%
|
(8)
-65%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||
| Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
| Total Other Income |
0
|
0
|
(0)
|
(1)
|
(3)
|
(3)
|
(3)
|
(2)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
0
|
1
|
1
|
|
| Pre-Tax Income |
3
N/A
|
4
+36%
|
4
+2%
|
4
-7%
|
(0)
N/A
|
0
N/A
|
0
+200%
|
2
+248%
|
2
+23%
|
(4)
N/A
|
(9)
-144%
|
(13)
-36%
|
(15)
-16%
|
(12)
+21%
|
(10)
+15%
|
(6)
+36%
|
(2)
+72%
|
(3)
-62%
|
0
N/A
|
(2)
N/A
|
(6)
-276%
|
(5)
+27%
|
(7)
-52%
|
|
| Net Income | ||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
2
|
2
|
3
|
3
|
2
|
1
|
0
|
1
|
(0)
|
0
|
1
|
1
|
2
|
|
| Income from Continuing Operations |
2
|
3
|
3
|
2
|
(1)
|
(1)
|
(0)
|
1
|
2
|
(4)
|
(8)
|
(10)
|
(12)
|
(9)
|
(8)
|
(5)
|
(2)
|
(2)
|
(0)
|
(2)
|
(5)
|
(3)
|
(5)
|
|
| Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Net Income (Common) |
2
N/A
|
3
+35%
|
3
+2%
|
2
-16%
|
(1)
N/A
|
(1)
+17%
|
(0)
+34%
|
1
N/A
|
2
+58%
|
(4)
N/A
|
(8)
-115%
|
(10)
-35%
|
(12)
-16%
|
(9)
+24%
|
(8)
+15%
|
(5)
+33%
|
(2)
+70%
|
(2)
-49%
|
(0)
+94%
|
(1)
-987%
|
(5)
-233%
|
(3)
+30%
|
(5)
-41%
|
|
| EPS (Diluted) |
2.39
N/A
|
3.23
+35%
|
3.3
+2%
|
2.78
-16%
|
-1.1
N/A
|
-0.73
+34%
|
-0.48
+34%
|
1.02
N/A
|
1.64
+61%
|
-3.59
N/A
|
-7.7
-114%
|
-10.44
-36%
|
-12.08
-16%
|
-9.13
+24%
|
-7.74
+15%
|
-5.17
+33%
|
-1.53
+70%
|
-2.16
-41%
|
-0.13
+94%
|
-1.42
-992%
|
-4.74
-234%
|
-3.31
+30%
|
-4.43
-34%
|
|