E-commerce services provider iPower Q1 loss narrows on cost cuts, revenue drops

Reuters

Nov 14

E-commerce services provider iPower Q1 loss narrows on cost cuts, revenue drops

Overview

iPower fiscal Q1 2026 revenue fell to $12 mln from $19 mln year-over-year
Net loss improved to $0.5 mln from $2.1 mln in fiscal Q1 2025
Total debt reduced by 48% to $1.9 mln as of September 30, 2025

Outlook

iPower focuses on building a more efficient and profitable organization
iPower enhances supply chain by shifting away from China-centric model

Result Drivers

COST MANAGEMENT - CEO Lawrence Tan credits disciplined cost management and targeted reductions in operating expenses for improved bottom line
SUPPLY CHAIN SHIFT - Transition to a diversified, domestically anchored supply chain has reduced tariff-related volatility and improved logistical control
JOINT VENTURE BENEFITS - U.S. joint-venture manufacturing line scaling supports margin stability and operational resilience

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Revenue		$12 mln
Q1 EPS		-$0.51
Q1 Net Income		-$500,000
Q1 Gross Margin		40.00%
Q1 Gross Profit		$4.80 mln
Q1 Operating Expenses		$6.50 mln

Press Release: ID:nGNX3WHvFR

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}