Ideal Power Inc ( (IPWR) ) has released its Q3 earnings. Here is a breakdown of the information Ideal Power Inc presented to its investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ideal Power Inc., a developer and provider of the patented B-TRAN® bidirectional semiconductor power switch, is focused on creating efficient energy control solutions across various sectors, including electric vehicles and renewable energy. In its third-quarter 2025 earnings report, Ideal Power highlighted significant strides in its commercial roadmap, including a major purchase order from Stellantis for electric vehicle applications and ongoing collaborations with global automakers. The company also reported increased interest in its enhanced B-TRAN® product, which has a 50% higher power rating, and positive results from third-party automotive testing.
Financially, Ideal Power reported a net loss of $2.9 million for the third quarter of 2025, slightly higher than the $2.7 million loss in the same period of 2024. Operating expenses rose modestly due to increased research and development spending, while cash used in operating and investing activities amounted to $2.7 million for the quarter. The company maintained a cash balance of $8.4 million with no long-term debt.
Strategically, Ideal Power is advancing its B-TRAN® technology, securing key partnerships, and expanding its patent portfolio, which now includes 97 issued patents. The company is actively engaging with potential customers and partners to drive adoption in various applications, including AI data centers and electric vehicles.
Looking ahead, Ideal Power remains committed to executing its growth strategy, leveraging its innovative semiconductor technology to capture opportunities in the evolving energy landscape. The management is optimistic about completing its deliverables under the Stellantis order and launching new B-TRAN®-enabled products in the near future.