iPower Inc. supplies hydroponics equipment online in the United States. It offers various products, including advanced indoor and greenhouse grow-light systems, ventilation systems, activated carbon filters, nutrients, growing media, hydroponic water-resistant grow tents, trimming machines, pumps, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products under the iPower and Simple Deluxe brands through its Zenhydro.com website and various third-party e-commerce channels. The company was formerly known as BZRTH Inc. and changed its name to iPower Inc. in September 2020. iPower Inc. was founded in 2018 and is based in Duarte, California.
IPO Year: 2021
Exchange: NASDAQ
Website: meetipower.com
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Roth Capital initiated coverage of iPower with a rating of Buy and set a new price target of $9.00
DA Davidson initiated coverage of iPower with a rating of Buy and set a new price target of $10.00
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4 - iPower Inc. (0001830072) (Issuer)
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4 - iPower Inc. (0001830072) (Issuer)
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RANCHO CUCAMONGA, Calif., June 04, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company") today announced that it has completed an initial purchase of approximately $1.0 million of USDai, the synthetic dollar of the USD.AI protocol. The Company intends to stake the acquired USDai into sUSDai, USD.AI's yield-bearing token, as part of iPower's previously announced AI infrastructure investment strategy. The purchase represents the initial tranche of iPower's commitment to invest up to $3.0 million in USD.AI's ecosystem and marks a key step in the Company's plan to participate in the AI infrastructure funding ecosystem. USD.AI is designed to support financing of AI inf
RANCHO CUCAMONGA, Calif., May 26, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a technology- and data-driven company operating at the intersection of AI infrastructure and real-world commerce, today announced that it has executed documents to implement a trading plan in connection with its previously authorized share repurchase program. The Company expects the trading plan to become active following completion of the applicable broker execution process and satisfaction of applicable procedural and regulatory requirements. In connection with the planned activation, iPower expects to fund the first tranche of the repurchase account this week. As previously
Operating expenses declined 66% sequentially GAAP net loss primarily reflected non-cash goodwill impairment; non-GAAP net loss narrowed to $0.3 million Company strengthens platform through asset-light operations, contracted sublease income and recently launched AI infrastructure strategy RANCHO CUCAMONGA, Calif., May 20, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a technology- and data-driven company operating at the intersection of supply chain, infrastructure and digital assets, today reported financial results for its fiscal third quarter ended March 31, 2026. Fiscal third quarter results reflected continued progress in iPower's strategic operatin
RANCHO CUCAMONGA, Calif., May 19, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, today announced that it will effect a 1-for-8 reverse stock split of its issued and outstanding common stock. The reverse stock split will become effective at 12:01 a.m. Eastern Time on May 22, 2026, and the Company's common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market at the market open on May 22, 2026 under the existing ticker symbol "IPW." The new CUSIP number for the Company's common stock following the reverse stock split will be 46265
Company intends to pursue investments across the AI infrastructure stack, including an initial investment in sUSDaiUtilizes existing $30M facility to build dedicated GPU and AI asset portfolio RANCHO CUCAMONGA, Calif., May 19, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) today announced the launch of its AI infrastructure strategy, positioning the Company as a dedicated capital provider for GPU clusters and AI infrastructure assets. The AI infrastructure market faces a fundamental supply-demand imbalance – GPU capacity is difficult to source and deploy, and operators face significant capital constraints in meeting surging demand. This leaves customers facing significant delays in bui
RANCHO CUCAMONGA, California, April 29, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a technology- and data-driven supply chain and infrastructure provider for online retailers and brands, today provided an update on its balance sheet position and financial flexibility. As of April 28, 2026, the Company's collateral account includes approximately $2.2 million of U.S. dollar cash, 15.1 Bitcoin and 301.1 Ethereum. Based on current reference market prices, the aggregate reference market value of the cash and marketable digital assets held in the collateral account is approximately $4.05 million, compared with an approximately $3.69 million remaining note bal
RANCHO CUCAMONGA, Calif., April 17, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company") today announced that it has entered into a sublease agreement for a portion of its Rancho Cucamonga, California facility, creating a new stream of contracted, non-dilutive income over a 25-month term. Under the agreement, the Company will generate base rental income beginning at approximately $62,500 per month, increasing to over $106,000 per month within the first three months and reaching approximately $112,700 per month by the final stage of the lease. In aggregate, the sublease represents over $2.6 million in contracted, non-dilutive income through May 2028. The subleased
RANCHO CUCAMONGA, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company") today announced a strategic expansion into crypto infrastructure hardware by entering into a non-binding Memorandum of Understanding ("MOU") with Nanopulse Technology Ltd. ("Nanopulse"), a developer of specialized hardware for the crypto and digital asset industry. The initiative is designed to leverage iPower's U.S.-based supply chain, fulfillment and e-commerce execution capabilities to commercialize crypto infrastructure hardware at scale, while creating the potential for incremental, recurring economics tied to future income generated by hardware distributed through iPower.
RANCHO CUCAMONGA, Calif., Feb. 20, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company") today reported financial results for the fiscal second quarter ended December 31, 2025. Revenue was $7.1 million, reflecting the Company's deliberate supply chain restructuring and transition to predominantly U.S.-based sourcing during the quarter, while gross profit was $3.1 million and gross margin remained strong at 44.0%. Total operating expenses declined 28% year-over-year to $5.6 million compared to the quarter ended December 31, 2024. Net loss attributable to iPower was $1.2 million, or $(1.08) per share. The Company reported $2.0 million of cash and cash equivalents, $2.
RANCHO CUCAMONGA, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company") today announced that its Board of Directors has approved a share repurchase program for the first time in the Company's history, with unified support from all of the Company's creditors. The share repurchase program reflects alignment across iPower's capital structure and confidence in the Company's financial position and strategic direction. The Company expects to implement the up to $2,000,000 share repurchase program in the near future, subject to market conditions and applicable regulations. "This is a meaningful milestone for iPower," said Lawrence Tan, Chief Executive Of
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RANCHO CUCAMONGA, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW), a data and technology driven e-commerce retailer and infrastructure company, today announced further developments in its digital asset strategy and technology initiatives. These efforts are part of iPower's long-term roadmap to integrate blockchain capabilities across treasury operations, consumer offerings, and future commerce infrastructure. "We believe the future of commerce will be deeply integrated with digital assets. iPower is taking concrete steps to build responsibly and unlock new infrastructure and product layers for the next generation of global commerce," said Lawrence Tan, CEO of iPower I
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RANCHO CUCAMONGA, Calif., Nov. 14, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a data and technology driven e-commerce retailer and infrastructure company, today announced its financial results for the fiscal first quarter ended September 30, 2025. Fiscal Q1 2026 Results vs. Year-Ago Quarter Total revenue was $12.0 million compared to $19.0 million, with services income up more than 2x to $1.5 million.Gross profit was $4.8 million compared to $8.5 million, with gross margin of 40.0% compared to 44.7%.Net loss attributable to iPower improved to $0.5 million or $(0.51) per share, compared to net loss attributable to iPower of $2.1 million or $(1.94) p
RANCHO CUCAMONGA, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a data and technology driven e-commerce retailer and infrastructure company, today announced its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2025. Fiscal Q4 2025 Results vs. Year-Ago Quarter Total revenue was $11.5 million compared to $19.5 million.Gross profit was $4.9 million compared to $8.7 million, with gross margin of 43.0% compared to 44.6%.Net loss attributable to iPower was $2.8 million or $(0.09) per share, compared to net income attributable to iPower of $0.7 million or $0.02 per share. Fiscal 2025 Summary vs Fiscal 2024 Re
RANCHO CUCAMONGA, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal third quarter ended March 31, 2025. Fiscal Q3 2025 Results vs. Year-Ago Quarter Total revenue was $16.6 million compared to $23.3 million.Gross profit was $7.2 million compared to $10.4 million, with gross margin of 43.3% compared to 44.5%.Net loss attributable to iPower was $0.3 million or $(0.01) per share, compared to net income attributable to iPower of $1.0 million or $0.03 per share.As of March 31, 2025, total debt was reduced by 43% to $3.6 millio
RANCHO CUCAMONGA, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal third quarter ended March 31, 2025. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, May 15, 2025Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-10 minutes prio
Fiscal Q2 Revenue up 14% to $19.1 Million Achieves GAAP Profitability and Positive Cash Flow from Operations RANCHO CUCAMONGA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal second quarter ended December 31, 2024. Fiscal Q2 2025 Results vs. Year-Ago Quarter Total revenue increased 14% to $19.1 million.Gross profit increased 15% to $8.4 million, with gross margin up 40 bps to 44.0%.Net income attributable to iPower improved to $0.2 million or $0.01 per share, compared to net loss attributable to iPower of $1.9 mill
RANCHO CUCAMONGA, Calif., Jan. 30, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, February 13, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal second quarter ended December 31, 2024. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, February 13, 2025Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-
RANCHO CUCAMONGA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal first quarter ended September 30, 2024. Fiscal Q1 2025 Results vs. Year-Ago Quarter Total revenue was $19.0 million compared to $26.5 million.Gross profit was $8.5 million compared to $11.8 million, with gross margin up 30 bps to 44.7%.Net loss attributable to iPower was $2.0 million or $(0.06) per share, compared to net loss attributable to iPower of $1.3 million or $(0.04) per share.As of September 30, 2024, total debt was reduced by 45% to $3.5 milli
RANCHO CUCAMONGA, Calif., Nov. 06, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven ecommerce services provider and online retailer, will host a conference call on Thursday, November 14, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal first quarter ended September 30, 2024. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, November 14, 2024Time: 4:30 p.m. Eastern timeDial-in registration link: hereLive webcast registration link: here Please dial into the conference call 5-
Optimization Initiatives Drive Material Gross Margin Expansion and Second Consecutive Quarter of Profitability iPower Management to Host Conference Call Today at 4:30 p.m. Eastern Time RANCHO CUCAMONGA, Calif., Sept. 19, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, today announced its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2024. Fiscal Q4 2024 Results vs. Year-Ago Quarter Total revenue was $19.5 million compared to $23.4 million.Gross profit increased 2% to
RANCHO CUCAMONGA, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- iPower Inc. (NASDAQ:IPW) ("iPower" or the "Company"), a tech and data-driven online retailer and supplier of consumer home, pet and garden products, as well as a provider of value-added ecommerce services, will host a conference call on Thursday, September 19, 2024 at 4:30 p.m. Eastern time to discuss its financial results for the fiscal fourth quarter and full fiscal year ended June 30, 2024. The Company's results will be reported in a press release prior to the call. iPower management will host the conference call, followed by a question-and-answer period. Date: Thursday, September 19, 2024Time: 4:30 p.m. Eastern timeDial-in