E-commerce services provider iPower Q1 loss narrows on cost cuts, revenue drops

Reuters
2025/11/14
E-commerce services provider iPower Q1 loss narrows on cost cuts, revenue drops

Overview

  • iPower fiscal Q1 2026 revenue fell to $12 mln from $19 mln year-over-year

  • Net loss improved to $0.5 mln from $2.1 mln in fiscal Q1 2025

  • Total debt reduced by 48% to $1.9 mln as of September 30, 2025

Outlook

  • iPower focuses on building a more efficient and profitable organization

  • iPower enhances supply chain by shifting away from China-centric model

Result Drivers

  • COST MANAGEMENT - CEO Lawrence Tan credits disciplined cost management and targeted reductions in operating expenses for improved bottom line

  • SUPPLY CHAIN SHIFT - Transition to a diversified, domestically anchored supply chain has reduced tariff-related volatility and improved logistical control

  • JOINT VENTURE BENEFITS - U.S. joint-venture manufacturing line scaling supports margin stability and operational resilience

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

$12 mln

Q1 EPS

-$0.51

Q1 Net Income

-$500,000

Q1 Gross Margin

40.00%

Q1 Gross Profit

$4.80 mln

Q1 Operating Expenses

$6.50 mln

Press Release: ID:nGNX3WHvFR

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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