Ideal Power financials
$3.97+0.51%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.7K | $86.0K | $198.9K | $203.3K | $576.4K | $428.1K | $0.00 | $0.00 | $0.00 | $1.6M |
| Gross profit | -$22.7K | -$7.4K | $38.3K | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | -$311.0K |
| Gross margin | −60.1% | −8.6% | 19.2% | 0.0% | 0.0% | 0.0% | — | — | — | −19.1% |
| Operating income | -$10.9M | -$11.1M | -$10.4M | -$7.3M | -$4.8M | -$4.1M | -$3.1M | -$4.3M | -$4.2M | -$11.0M |
| Net income | -$10.6M | -$10.4M | -$10.0M | -$7.2M | -$4.8M | -$7.8M | -$3.9M | -$7.9M | -$10.4M | -$11.0M |
| Net margin | −28038.6% | −12109.2% | −5005.3% | −3536.9% | −827.6% | −1820.5% | — | — | — | −674.2% |
| Diluted EPS | $-1.16 | $-1.28 | $-1.61 | $-1.17 | $-0.80 | $-2.20 | $-2.38 | $-5.64 | $-7.90 | $-11.50 |
| EBITDA | -$10.6M | -$10.7M | -$10.0M | -$7.2M | -$4.7M | -$3.9M | -$3.0M | -$4.2M | -$4.1M | -$10.6M |
| Operating cash flow | -$9.1M | -$8.7M | -$7.1M | -$6.4M | -$4.3M | -$3.0M | -$2.5M | -$3.8M | -$7.4M | -$10.1M |
| Free cash flow | -$9.3M | -$8.9M | -$7.4M | -$6.6M | -$4.3M | -$3.0M | -$2.5M | -$3.8M | -$7.5M | -$10.5M |
| Diluted shares | 9.1M | 8.2M | 6.2M | 6.2M | 5.9M | 3.5M | 1.7M | 1.4M | 1.3M | 1.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $6.1M | $15.8M | $8.5M | $16.3M | $23.2M | $3.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $917.1K | $643.4K |
| Total assets | $10.0M | $19.8M | $12.2M | $19.4M | $25.9M | $5.1M |
| Total liabilities | $2.2M | $2.0M | $2.2M | $1.5M | $1.7M | $1.3M |
| Shareholders' equity | $7.9M | $17.9M | $10.1M | $17.9M | $24.1M | $3.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology