iPower Operating Expenses Growth & History (IPW)
iPower's operating expenses was $34.9M for fiscal 2025.
View full iPower company overviewiPower annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-06-30 | $34.9M | −$4.2M | −10.81% |
| 2024 | 2024-06-30 | $39.1M | −$9.2M | −19.05% |
| 2023 | 2023-06-30 | $48.3M | $17.4M | +56.31% |
| 2022 | 2022-06-30 | $30.9M | $11.0M | +55.54% |
| 2021 | 2021-06-30 | $19.9M | $7.6M | +62.51% |
| 2020 | 2020-06-30 | $12.2M | — | — |
iPower quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-03-31 | $1.9M | −$5.3M | −73.58% |
| Q2 2026 | 2025-12-31 | $5.6M | −$2.1M | −27.63% |
| Q1 2026 | 2025-09-30 | $6.5M | −$4.7M | −42.13% |
| Q4 2025 | 2025-06-30 | $8.7M | $1.3M | +17.63% |
| Q3 2025 | 2025-03-31 | $7.2M | −$1.6M | −17.98% |
| Q2 2025 | 2024-12-31 | $7.7M | −$2.2M | −21.93% |
| Q1 2025 | 2024-09-30 | $11.2M | −$1.8M | −13.76% |
| Q4 2024 | 2024-06-30 | $7.4M | −$4.6M | −38.41% |
| Q3 2024 | 2024-03-31 | $8.8M | −$837,086 | −8.72% |
| Q2 2024 | 2023-12-31 | $9.9M | −$2.2M | −18.10% |
| Q1 2024 | 2023-09-30 | $13.0M | −$1.6M | −10.64% |
| Q4 2023 | 2023-06-30 | $12.0M | $1.4M | +13.55% |
| Q3 2023 | 2023-03-31 | $9.6M | $1.8M | +22.60% |
| Q2 2023 | 2022-12-31 | $12.1M | $5.6M | +87.66% |
| Q1 2023 | 2022-09-30 | $14.6M | $8.6M | +142.04% |
| Q4 2022 | 2022-06-30 | $10.6M | $4.3M | +68.38% |
| Q3 2022 | 2022-03-31 | $7.8M | $2.9M | +57.41% |
| Q2 2022 | 2021-12-31 | $6.4M | $2.3M | +56.85% |
| Q1 2022 | 2021-09-30 | $6.0M | $1.5M | +34.26% |
| Q4 2021 | 2021-06-30 | $6.3M | — | — |
| Q3 2021 | 2021-03-31 | $5.0M | $2.2M | +76.50% |
| Q2 2021 | 2020-12-31 | $4.1M | — | — |
| Q1 2021 | 2020-09-30 | $4.5M | — | — |
| Q3 2020 | 2020-03-31 | $2.8M | — | — |
iPower operating expenses trends
Over the last five fiscal years, iPower's operating expenses increased from $12.2M to $34.9M, a change of $22.6M. The latest reported quarter, Q3 2026, shows $1.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review iPower source filings ↗