iPower reports Q4 EPS (9c) vs. 2c last year

Reports Q4 revenue $11.5M vs. $19.5M last year. “Fiscal 2025 was a pivotal year for iPower (IPW) as we realigned our operations to support long-term growth and profitability,” said Lawrence Tan, CEO of iPower. “Amid challenging tariff-related disruptions in 2025, we maintained stable gross margins, significantly reduced debt, and took decisive actions to streamline operations and optimize inventory. A key achievement was our near-complete shift from a China import-based supply chain to a predominantly U.S.-based inventory model, which enhances logistical control and mitigates future exposure to tariff and freight policy risks. In parallel, we launched a domestic joint-venture manufacturing line to anchor our U.S. supply chain strategy and support future margin stability. While this transition required difficult decisions-including exiting certain partnerships that no longer met our profitability thresholds-our disciplined execution preserved the balance sheet and positioned us to build a more resilient operational foundation. Looking ahead, we have a leaner inventory position, reduced debt, and positive operational momentum, including new partnerships with leading brands like TCL. We intend to further expand our SuperSuite partner network and continue building out our domestic manufacturing infrastructure to enhance supply chain agility and support long-term scalability. These efforts reflect our ongoing focus on operational optimization, diversification, and creating long-term value for our stakeholders.”