iPower Inc.·Consumer Cyclical

iPower faces pressure from supply chain restructuring and sales disruption, while cost cuts and a crypto hardware venture aim to support its evolving strategy.

iPower Inc. shares rose 5.42% after hours to $2.14 following a crypto hardware distribution partnership with Nanopulse Technology.

RANCHO CUCAMONGA, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced a strategic expansion into crypto infrastructure hardware by entering into a non-binding Memorandum of Understanding (“MOU”) with Nanopulse Technology Ltd. (“Nanopulse”), a developer of specialized hardware for the crypto and digital asset industry. The initiative is designed to leverage iPower's U.S.-based supply chain, fulfillment and e-commerce execution capabilities to commercialize crypto infrastructure hardware at scale, while creating the potential for incremental, recurring economics tied to future income generated by hardware distributed through iPower. Execution on the strategic expansion remains subject to entry into definitive agreements, along with satisfactory completion of compliance and due diligence review. iPower believes this collaboration demonstrates the Company's ability to act as an execution and distribution layer for crypto-native projects, establishing a repeatable model that may support additional infrastructure partnerships across the crypto ecosystem over time.

RANCHO CUCAMONGA, Calif., Feb. 20, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today reported financial results for the fiscal second quarter ended December 31, 2025. Revenue was $7.1 million, reflecting the Company's deliberate supply chain restructuring and transition to predominantly U.S.-based sourcing during the quarter, while gross profit was $3.1 million and gross margin remained strong at 44.0%. Total operating expenses declined 28% year-over-year to $5.6 million compared to the quarter ended December 31, 2024. Net loss attributable to iPower was $1.2 million, or $(1.08) per share. The Company reported $2.0 million of cash and cash equivalents, $2.2 million of restricted cash, and approximately $2.2 million of digital assets.

RANCHO CUCAMONGA, Calif., Feb. 10, 2026 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”) today announced that its Board of Directors has approved a share repurchase program for the first time in the Company's history, with unified support from all of the Company's creditors.

Discover why Zacks rates iPower as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore IPW's cost cuts and shifting revenue mix amid demand uncertainty and execution risks.
iPower Inc. engages in the online retail of hydroponics equipment in the United States. It offers various products, including advanced indoor and greenhouse grow-light systems, ventilation systems, activated carbon filters, nutrients, growing media, hydroponic water-resistant grow tents, trimming machines, pumps, and accessories for hydroponic gardening, as well as other indoor and outdoor growing products under the iPower and Simple Deluxe brands through its Zenhydro.com website and various third-party e-commerce channels. The company was formerly known as BZRTH Inc. and changed its name to iPower Inc. in September 2020. iPower Inc. was incorporated in 2018 and is based in Duarte, California.
Consumer Cyclical
Specialty Retail
60
2021-05-12
3.57
Market Peers





