Ideal Power Inc

Ideal Power Inc maintains a strong liquidity position, with cash and equivalents amounting to $20.24 million, representing 84.7% of total assets. The company has no long-term debt and a current ratio of 21.65, indicating a robust ability to meet short-term obligations. However, the company reported negative operating and free cash flows of $1.88 million and $2.48 million, respectively, reflecting ongoing operational cash outflows.

Profitability metrics show significant underperformance relative to industry norms. The company reported a net loss of $24.70 million and an operating loss of $25.27 million, resulting in a return on equity (ROE) of -11.38% and a return on assets (ROA) of -10.34%. These figures are well below the typical performance of semiconductor firms, which often report positive ROE and ROA in the 10-20% range.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to market-specific risks, particularly in the electric vehicle and renewable energy sectors, which are subject to rapid technological change and regulatory shifts.

Looking ahead, Ideal Power Inc is projected to maintain a negative growth trajectory, with no disclosed revenue growth in the current fiscal year. The company's operating cash flow and free cash flow remain negative, and no significant capital expenditures are planned, suggesting a focus on cost control rather than expansion.

Risk factors include the absence of long-term debt and the low dilution risk, as the company has not issued additional shares recently. However, the negative net income and operating cash flow indicate financial stress, and the company may need to raise capital in the future, potentially leading to dilution.

Recent events include the continued development of SiC power modules, with no major product launches or regulatory changes disclosed in the latest filings. The company's focus remains on expanding its product portfolio and securing contracts in the EV and renewable energy markets.

Ideal Power Inc (IPWR.O) has recorded a series of notable new institutional holdings, marking the first analysis for the ticker with no prior basis for delta computation. The most significant addition involves an investor acquiring 359,089 shares valued at approximately $1.11 million as of December 31, 2025. This entry represents the largest single position among the newly reported holders, signaling initial institutional interest in the company's equity. Additional notable additions were detected across multiple reporting periods, further broadening the shareholder base. As of June 30, 2024, another investor added 118,644 shares worth roughly $0.84 million. More recently, as of March 31, 2026, five distinct investors initiated positions, with share counts ranging from 21,060 to 237,249. The largest of these recent additions, held by investor ID 500, comprises 237,249 shares valued at approximately $0.67 million. These new positions contribute to a top holder count of 10 for Ideal Power Inc. The company currently operates with a lean executive structure, reporting only two officers. Despite the growing list of institutional backers, the firm maintains zero index membership, suggesting that its inclusion in major market benchmarks has not yet occurred. The accumulation of these new holders is being monitored by six analysts, providing a baseline for future coverage. With no prior material changes to compare against, these initial filings establish the current ownership landscape. The data underscores a shift from a potentially less tracked status to one with defined institutional participation, setting the stage for future scrutiny of the company's financials and estimates.

The single analyst consensus price target implies 78.6% upside from the current market price of $6.02.

The company maintains a zero long-term debt balance, resulting in a debt-to-equity ratio of 0.0.

A current ratio of 6.72 indicates strong short-term liquidity and low risk of immediate insolvency.

Revenue increased 128.0% year-over-year in the latest period, showing recent top-line growth momentum.

Dilution risk is assessed as low, suggesting limited immediate threat to existing shareholder equity value.

Free cash flow deteriorated to negative $10.6 million, indicating significant ongoing cash burn and funding needs.

Operating margin of -32.1% places the company in the bottom quartile of the semiconductor cohort.

Credit risk is flagged as high, reflecting potential difficulties in meeting financial obligations or securing financing.

Revenue $0.00, −100,0% YoY; Operating income +29,4% YoY.

• ▍Revenue $0.00, −100,0% YoY
• ▍Operating income +29,4% YoY
• ▍Net income +26,9% YoY
• ▍Free cash flow +26,9% YoY

Revenue $24.4k, +4 345,4% YoY; Operating income −4,2% YoY.

• ▍Revenue $24.4k, +4 345,4% YoY
• ▍Operating income −4,2% YoY
• ▍Net income −9,3% YoY
• ▍Free cash flow −6,9% YoY
• ▍Net margin -12027.2%

Revenue $1.3k, −3,8% YoY; Operating income −8,8% YoY.

• ▍Revenue $1.3k, −3,8% YoY
• ▍Operating income −8,8% YoY
• ▍Net income −14,1% YoY
• ▍Free cash flow −14,8% YoY
• ▍Net margin -237247.7%

Revenue $12.0k, −84,8% YoY; Operating income −11,8% YoY.

• ▍Revenue $12.0k, −84,8% YoY
• ▍Operating income −11,8% YoY
• ▍Net income −9,4% YoY
• ▍Free cash flow −8,3% YoY
• ▍Net margin -22525.2%

Revenue $37.7k, −56,1% YoY; Operating income +1,2% YoY.

• ▍Revenue $37.7k, −56,1% YoY
• ▍Operating income +1,2% YoY
• ▍Net income −1,5% YoY
• ▍Free cash flow −0,7% YoY
• ▍Net margin -28037.2%

Revenue $198.9k, −2,2% YoY; Operating income −41,0% YoY.

• ▍Revenue $198.9k, −2,2% YoY
• ▍Operating income −41,0% YoY
• ▍Net income −38,5% YoY
• ▍Free cash flow −39,5% YoY
• ▍Net margin -5005.3%

Revenue $203.3k, −64,7% YoY; Operating income −54,3% YoY.

• ▍Revenue $203.3k, −64,7% YoY
• ▍Operating income −54,3% YoY
• ▍Net income −50,7% YoY
• ▍Free cash flow −50,8% YoY
• ▍Net margin -3536.8%

Revenue $576.4k; Operating income -$4.8M.

• ▍Revenue $576.4k
• ▍Operating income -$4.8M
• ▍Net margin -827.6%