iPower stock gained 8.93 percent after fiscal 2026 results

Published on 10/07/2026 at 02:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

iPower reported fiscal 2026 revenue of USD 19.96 million, down 68.4 percent from fiscal 2025. Net loss widened to USD 11.62 million as Nasdaq closed at USD 1.22.

IPW, US46265P4046, Illustration mit AI erstellt.

iPower stock (US46265P4046) gained 8.93 percent to USD 1.22 at the Nasdaq close on October 5, 2026. The move followed the company filing its fiscal 2026 annual report on October 2, with revenue and loss figures showing a sharply weaker operating year.

Revenue falls to USD 19.96 million

According to TradingView, iPower generated fiscal 2026 revenue of USD 19.96 million for the year ended June 30, 2026, compared with USD 63.22 million in fiscal 2025. The 68.4 percent decline was the clearest operating signal in the annual figures.

The same fiscal-year summary reported a net loss attributable to iPower of USD 11.62 million, versus USD 4.97 million in fiscal 2025. Diluted loss per share was USD 345.16, compared with USD 341.28 in the prior fiscal year, keeping profitability under pressure even after the reverse splits.

Filing highlights financing pressure

The October 2 filing also describes a capital structure that remains central to the stock story. StockTitan reports that an investor had converted USD 9,359,580 of Series A notes into 849,697 shares as of October 2, 2026.

The average conversion price was USD 11.02 per share on a post-reverse-split basis, while USD 15 million of additional Series A notes remained available under the financing facility. For shareholders, the contrast between a USD 1.22 market price and the disclosed conversion price is a material capital-markets consideration.

The filing also says iPower sold Global Product Marketing to ETTS AI in exchange for a USD 2.3 million promissory note. That transaction shifts part of the business structure while the company pursues AI infrastructure acquisition, financing and equipment-leasing opportunities.

AI strategy meets operating risk

iPower describes itself as a technology and data-driven supply chain company serving online retailers and brands. Its investor-relations profile highlights ecommerce channels, fulfillment capacity, warehouses and business intelligence capabilities as the operating base for that strategy.

The annual filing gives the AI transition a financial backdrop: revenue fell by USD 43.27 million year over year, while the net loss increased by USD 6.65 million. Those figures make execution and funding the key variables behind the company strategy.

The filing also identifies material weaknesses in internal control over financial reporting, adding a governance factor to the weaker fiscal results. The company held 1,262,584 shares outstanding as of October 2, 2026, according to StockTitan.

iPower stock gains after results

MarketBeat lists a closing price of USD 1.22 for October 5, 2026 at 4:00 p.m. ET, up USD 0.10 or 8.93 percent for the session. The price reaction therefore moved in the opposite direction from the annual revenue and earnings trend.