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Ideal Power Inc. revenue

Ideal Power Inc.'s revenue was $37,728 in fiscal 2025, down 56.1% on the year before. Since fiscal 2012 ($1.1m) it has grown at a compound -23.0% a year. Over the last twelve months it was $30,250.

Revenue history

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ideal Power Inc.: revenue history, annual
Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue1,1271,8921,7944,2601,629000428576203199863830
Growth on the year before—+67.9%−5.2%+137.4%−61.8%−100.0%———+34.6%−64.7%−2.2%−56.7%−56.1%—
Gross profit3−255−395387−31100000038−7−230

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Electrical Components & Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Ideal Power Inc. $30,250 57.2% -43.0%
Elong Power Holding Ltd. $2.1m 430.7% —
Clean Energy Technologies, Inc. $2.6m 89.4% -8.2%
Polar Power, Inc. $4.6m -61.4% -36.3%
Linkers Industries Ltd $5.5m 8.5% —
Novonix Ltd $5.6m -4.1% —

Compare with peers

Head to head: ELPW vs IPWRCETY vs IPWRIPWR vs POLA

More: Electrical Components & Equipment stocks compared, Industrials sector, rankings of US companies

Figures from Ideal Power Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ideal Power Inc.