---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-004183"
form_type: "8-K"
ticker: "IPW"
cik: "0001830072"
company_name: "iPower Inc."
filed_at: "2026-05-20T21:03:03+00:00"
generated_at: "2026-05-20T21:06:25.668401+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-26-004183
- form_type: 8-K
- ticker: IPW
- cik: 0001830072
- company_name: iPower Inc.
- filed_at: 2026-05-20T21:03:03+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830072/000168316826004183/0001683168-26-004183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830072/000168316826004183/ipower_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-004183
- JSON: https://secwatch.observer/filing/0001683168-26-004183.json
- Plain text: https://secwatch.observer/filing/0001683168-26-004183.txt

## Key facts
- Earnings Releases
  iPower Inc. reported its fiscal third quarter ended March 31, 2026 results: revenue $3.5 million, net income $(3.5) million, or $(2.38) per basic share, EPS $(2.38) per basic share.
  - Period: its fiscal third quarter ended March 31, 2026
  - Revenue: $3.5 million
  - Net income: $(3.5) million, or $(2.38) per basic share
  - EPS: $(2.38) per basic share
  - Result: reported results
  source text: Marketing Inc. and the Company’s transition toward a leaner, more asset-light operating model. For the fiscal third quarter of 2026, revenue from continuing operations was $3.5 million , gross profit was $0.8 million , and gross margin was 21.6% . Total operating expenses declined to $1.9 million , compared with $5.6 million in the fiscal second quarter of 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830072/000168316826004183/0001683168-26-004183-index.htm

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