---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-001221"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2026-02-20T23:59:59+00:00"
generated_at: "2026-05-16T01:31:28.244773+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# iPower Q2 revenue $7.1M, net loss $1.2M; divests GPM, authorizes $2M buyback

## Summary
- Revenue $7.1M, net loss $1.2M ($1.08 EPS); gross margin 44.0%, operating expenses down 28% YoY.
- Closed first tranche of up to $30M convertible note offering, receiving $6.5M gross proceeds.
- Post-quarter: divested Global Product Marketing Inc. for ~$2.3M consideration, cutting a major cost center.
- Board authorized first-ever $2M share repurchase program.
- Shifted to primarily U.S.-based sourcing; supply chain restructuring temporarily reduced revenue.

## SEC filing metadata
- accession: 0001683168-26-001221
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2026-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1830072/000168316826001221/0001683168-26-001221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316826001221/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-001221
- JSON: https://secwatch.observer/filing/0001683168-26-001221.json
- Plain text: https://secwatch.observer/filing/0001683168-26-001221.txt

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