---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-003396"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T01:10:59.137541+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# iPower fiscal Q3 revenue up 15% to $23.3M; returns to profitability with net income $1.0M

## Summary
- Revenue rose 15% YoY to $23.3M; gross margin expanded 850 bps to 47.0%.
- Net income attributable to iPower was $1.0M ($0.03 EPS) vs. a $1.5M loss; adjusted net income $1.6M ($0.05 EPS).
- SuperSuite supply chain business now ~10% of total revenue; new sales channel on Temu launched in April.
- Net debt reduced 59% to $3.3M from $8.1M at June 30, 2023.
- Legacy commercial hydroponics channel being wound down, remaining inventory being sold.

## SEC filing metadata
- accession: 0001683168-24-003396
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316824003396/0001683168-24-003396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316824003396/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-003396
- JSON: https://secwatch.observer/filing/0001683168-24-003396.json
- Plain text: https://secwatch.observer/filing/0001683168-24-003396.txt

## Key facts
- Earnings Releases
  iPower Inc. reported the fiscal third quarter ended March 31, 2024 results: revenue $23.3 million, net income $1.0 million or $0.03 per share, EPS $0.03 per share.
  - Period: the fiscal third quarter ended March 31, 2024
  - Revenue: $23.3 million
  - Net income: $1.0 million or $0.03 per share
  - EPS: $0.03 per share
  - Result: reported results
  source text: iPower Reports Fiscal Third Quarter 2024 Results Fiscal Q3 Revenue up 15% to $23.3 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830072/000168316824003396/0001683168-24-003396-index.htm

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