E-commerce services provider iPower Q1 loss narrows on cost cuts, revenue drops

Ipower

14/11/2025 14:29

Overview

iPower fiscal Q1 2026 revenue fell to $12 mln from $19 mln year-over-year

Net loss improved to $0.5 mln from $2.1 mln in fiscal Q1 2025

Total debt reduced by 48% to $1.9 mln as of September 30, 2025

Outlook

iPower focuses on building a more efficient and profitable organization

iPower enhances supply chain by shifting away from China-centric model

Result Drivers

COST MANAGEMENT - CEO Lawrence Tan credits disciplined cost management and targeted reductions in operating expenses for improved bottom line

SUPPLY CHAIN SHIFT - Transition to a diversified, domestically anchored supply chain has reduced tariff-related volatility and improved logistical control

JOINT VENTURE BENEFITS - U.S. joint-venture manufacturing line scaling supports margin stability and operational resilience

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$12 mln
Q1 EPS
-$0.51
Q1 Net Income
-$500,000
Q1 Gross Margin
40.00%
Q1 Gross Profit
$4.80 mln
Q1 Operating Expenses
$6.50 mln


Press Release: ID:nGNX3WHvFR

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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.)