---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-000877"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:24:27.999238+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# iPower reports fiscal Q2 revenue up 12% to $19.3M, but net loss of $3.3M

## Summary
- Total revenue increased 12% to $19.3M vs $17.1M in year-ago quarter.
- Net loss attributable to iPower was $3.3M ($0.11 per share) vs net income of $0.8M ($0.03 per share) last year.
- Gross margin fell to 41.4% from 44.1% due to higher freight and product mix.
- Net debt reduced 42% to $8.2M, with cash increasing to $4.0M from $1.8M at June 30, 2022.
- Increased marketing spend to reduce excess inventory; expects lower operating expenses going forward.

## SEC filing metadata
- accession: 0001683168-23-000877
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316823000877/0001683168-23-000877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316823000877/ipower_8k-021423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-000877
- JSON: https://secwatch.observer/filing/0001683168-23-000877.json
- Plain text: https://secwatch.observer/filing/0001683168-23-000877.txt

## Key facts
- Earnings Releases
  iPower Inc. reported fiscal second quarter ended December 31, 2022 results: revenue $19.3 million, net income $(0.11) per share, EPS Net loss attributable to iPower was $3.3 million or $(0.11) per share.
  - Period: fiscal second quarter ended December 31, 2022
  - Revenue: $19.3 million
  - Net income: $(0.11) per share
  - EPS: Net loss attributable to iPower was $3.3 million or $(0.11) per share
  - Result: reported results
  source text: Total revenue in the fiscal second quarter of 2023 increased 12% to $19.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830072/000168316823000877/0001683168-23-000877-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.