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/Mis Actual Consensu

s s

Estimate

Q1 $12 mln

Revenue

Q1 EPS -$0.51

Q1 Net -$500,00

Income 0

Q1 Gross 40.00%

Margin

Q1 Gross $4.80

Profit mln

Q1 $6.50

Operatin mln

g

Expenses

Press Release:

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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.)