Ideal Power Q1 net loss widens to $3.6M; advances B-TRAN projects with Asia customer and Stellantis

Ideal Power Inc.

Net loss for Q1 2026 was $3.6M vs $2.7M in Q1 2025; operating expenses rose to $3.7M on higher stock-based comp.
Cash and cash equivalents totaled $16.4M at March 31, 2026; no long-term debt outstanding.
Initiated two new projects with lead Asia customer for SSCBs targeting 800V AI data centers and smart buildings.
Signed LOI to co-develop B-TRAN-enabled prototype for a U.S. hyperscaler supporting NVIDIA Rubin Ultra 800V DC architecture.
B-TRAN patent estate now at 103 issued patents (50 outside U.S.); Stellantis deliverables on track for mid-2026.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Ideal Power Inc. reported first quarter ended March 31, 2026 results: net income Net loss in the first quarter of 2026 was $3.6 million.

Period: first quarter ended March 31, 2026
Net income: Net loss in the first quarter of 2026 was $3.6 million
Result: reported results

Exact text from the filing

Ideal Power Reports First Quarter 2026 Financial Results

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Ideal Power Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-016899

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