Semiconductor switch developer Ideal Power's Q1 net loss widens on higher expenses

Ideal Power

14/05/2026 14:29

Overview

US semiconductor switch developer reported no Q1 revenue

Net loss widened to $3.6 mln from $2.7 mln, driven by higher operating expenses

Company ended Q1 with $16.4 mln cash and no long-term debt

Outlook

Company expects to deliver SSCB prototypes for 800V AI data center and grid customers in Q4 2026

Prototype delivery for U.S. hyperscaler targeted for end of Q4 2026

Company sees significant demand ahead as industry shifts to high-voltage DC power architectures

Result Drivers

HIGHER OPERATING EXPENSES - Co said increased stock-based compensation and personnel costs drove higher operating expenses in Q1

NO RECOGNIZED REVENUE - Co reported no commercial revenue in Q1 as commercial and development activities have not yet resulted in sales

Company press release: ID:nPn47vHHza

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
-$0.33


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Ideal Power Inc is $10.75, about 99.8% above its May 13 closing price of $5.38

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)