iPower Q3 revenue $3.5M, GAAP loss $3.5M, non-GAAP loss narrows to $0.3M

iPower Inc.

2026-Q3 EPS reported -$4.32 revenue$18,523,681

Revenue from continuing operations $3.5M; gross margin 21.6%.
GAAP net loss $(3.5)M ($2.38/share) includes $3.0M non-cash goodwill impairment.
Non-GAAP net loss improved to $(0.3)M ($0.18/share) from $(0.7)M a year ago.
Operating expenses down 66% sequentially to $1.9M; current ratio 2.2x.
Post-quarter: sublease income >$2.6M through 2028; AI infrastructure strategy launched.

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