iPower reports fiscal Q2 2025 revenue up 14% to $19.1M; swings to GAAP net income of $0.2M

iPower Inc.

2025-Q2 EPS reported -$0.06 revenue$38,081,092

Net income of $0.2M ($0.01 EPS) vs net loss of $1.9M ($0.06 loss) in Q2 2024.
Gross margin improved 40 bps to 44.0%; gross profit rose 15% to $8.4M.
Total debt reduced 31% to $4.4M from $6.3M at June 30, 2024.
CEO cites SuperSuite platform momentum and shuttering of legacy commercial hydroponics business.
Cash and equivalents were $2.9M compared to $7.4M at June 30, 2024.

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