iPower Inc. Achieves Profitability and Revenue Growth

Ipower, Inc. ( (IPW) ) has released its Q2 earnings. Here is a breakdown of the information Ipower, Inc. presented to its investors.

iPower Inc. is a tech and data-driven online retailer providing ecommerce services for third-party products and brands, leveraging a nationwide network of warehouses and robust fulfillment capacity. In its fiscal second quarter of 2025, iPower reported a 14% increase in revenue, reaching $19.1 million, and achieved GAAP profitability with a net income of $0.2 million. The company’s gross profit rose by 15%, and gross margins improved to 44% due to better pricing with suppliers. iPower also reduced its total debt by 31% to $4.4 million, demonstrating financial discipline and operational efficiency. iPower’s strategic focus on its SuperSuite platform has been pivotal in driving revenue growth, as it enhances supply chain offerings and strengthens supplier relationships. The company has exited its legacy commercial hydroponics business to concentrate on its core ecommerce competencies, aligning with market demands. Looking ahead, iPower is poised to capitalize on its growing SuperSuite business and further optimize its cost structure, aiming to sustain profitability and expand its market presence.